Quote from: rendiuno on July 05, 2018, 05:38:34 PM

What are the advantages and benefits of your project? and I will always keep an eye on your progression progress. Good luck. Cheesy

Thank you for the good wishes!

About the project: think about what is the most serious limitation of money when it comes to support economic exchange? That money must be scarce to be valuable. As an effect, only those who have money can buy anything, and those who don't have money can't make it themselves. This liquidity limitation has been known since a long time, and various credit based schemes have been invented to circumvent it, from "chalking it up" when purchasing from a shop, to bank credits and commercial bills of exchange. However, small and medium businesses, esp. in developing areas or when the economy is in crisis, often have no access to any of these. As a result, the economy can be in a deadlock: everyone waits for everyone else to spend their money first. If not the whole economy, then at least the small and medium businesses in it, running way below capacity.

This is where a coupons based system comes in to solve the deadlock. In contrast to money, with our system everyone can issue their own coupons it's like a mini currency that is only accepted by your own company, so you only have to agree with yourself if you want to issue more of it. Now combine this with our network barter mechanism that exchanges everyone's coupons without money according to who wants whose coupons, and we have a moneyless way of economic exchange, unaffected by the liquidity constraints inherent in money. (I use "money" loosely in the sense to mean "universal product", so Bitcoin etc. also qualifies here.)

We designed this system esp. to cope with economic downturn and crisis situations, and would be happy to run a big chunk of the world economy via our system when the next worldwide economic crisis hits. For more details about how it all functions, you're welcome to read our whitepaper.