Tag Archives: blockchain

The Future of Abundance: Self-Owning Machines Can Generate a Basic Income

Picture: Deep Dog at the Beach by Botgirl Questi, 2014, CC-BY-NC 2.0   On June 6th 2018, Trent McConaghy, founder of Ocean Protocol and BigchainDB states in his article “Nature 2.0, The Cradle of Civilization Gets an Upgrade”, that a combination of Artificial Intelligence (AI) and Blockchain can result in a future of abundance. Profits from self-owning machines can pay for a

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UBI and Cryptocurrencies: Manna and the Children’s Wallet Program

Image credit to: Christ Episcopal Church.   Manna, formerly known as GrantCoin, is a digital currency provided as Universal Basic Income (UBI) using blockchain technology, which trades on SouthXchange. Manna is distributed by the People’s Currency Fundation (a nonprofit, classified as public charity by the U.S Internal Revenue Service) through Mannabase, the platform you have to sign up to in

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Cryptocurrencies and Basic Income: What is SwiftDemand?

SwiftDemand is a basic income blockchain experiment in which each user who is signed up daily receives a certain number of Swift tokens. The project’s white paper gives a clear understanding of the implementation of this Decentralized Autonomous Organization (DAO) providing Universal Basic Income and how the Swift Protocol works. The concept of SwiftDemand is to create a transactional currency

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International: Basic income is present at Blockchaingers Hackathon 2018

Blockchain is a kind of register, or digital ledger, of economic transactions. According to specialists, it is incorruptible since it exists as a distributed network of registers, and hence impossible to hack. Since 2008, the year of its appearance, it has evolved from a single article (by Satoshi Nakamoto) to a global phenomenon. At present, numerous applications have been found

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BitNation: Recent Advances in Cryptocurrency See Basic Income Tested

Johan Nygren, a basic income activist, is currently exploring if basic income can be implemented using cryptocurrency. Cryptocurrency are digital currencies whose value and number of units are regulated by encryption techniques, outside of any central banking system. A cryptocurrency-based basic income will be funded with taxes grown within a peer-to-peer (P2P) network. P2P is an architecture for building computer

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