Asset Backed Cryptocurrency Denominations
Are and important an Artful not to mention Impactful part of Cryptography.
The underlying asset can be a concept, an accepted crypto, or a form of tangible backing.
Background I:
- Scarcity: There should be a limited amount of money available so that it doesn’t lose value.
- Durability: The currency should last a long time without losing its value.
- Divisibility: The currency should be able to be divided into smaller units to make change.
- Portability: The currency should be easy to carry or transfer from one place to another.
- Stability: The currency’s value should remain stable over a long period of time.
- Homogeneity: The currency should look and feel identical and have the same value.
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Interest rates and inflationInterest rate hikes can strengthen a currency, while inflation can weaken it.
Potentially setting an interest rate to zero while having fair zero inflation rates across markets potentially spearheading a new age in line with ancient wisdom. Allowing for fairness and a demand & fulfillment model to thrive. This may not be a controversial concept as it may have been in the past. Power structures that are fair and balanced may benefit from transparent payments to developer costs and other system costs. This lowers the overall weight of interest based financial disparities and inflationary attacks that are exponential in nature.
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Demand & Fulfillment ModelDemand Fulfillment now Demand & Fulfillment Model Now Stands as the Gold Standard for the modern cryptographic age. First developed by Omar Shamsi and popularized by the business management service team is an efficient way moving forward with existing platform hardware and software structures.
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Global Use
An unbiased Global Use Token, Currency, Cryptographic tool or ABCD can be used for global transactions to be tracked and allow for legitimate trusted transactions across a global landscape.
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UnemploymentLow unemployment can indicate a strong economy and increase demand for the currency. Minimum Basic Incomes and tokenization of assets to meet demands and needs of everyone across a global population
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Safe haven
Some countries are considered safe havens, meaning their currency is likely to recover from economic or political turmoil.
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Cognizability: The currency should be recognizable. There are factors regarding this.
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Inclusion to Banking, Earning, and Legal AccessAccess to Banking, Legitimate Earning, and Legal Access to services mean individuals in all countries can be economically independent, avoid political turmoil, avoid financial turmoil, avoid abuses, make independent choices over their earning, and make responsible choices when spending. This deters crime internationally and nationally.
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FungibilityRegarding the interchangeability of a device physically between one object and another as in currencies. This definition of fungibility is being challenged as not necessarily being a physical object in this modern age but an interchangeable token to suffice as long as as it can be regarded on a blockchain as a token coin or interchangeable fungible token. Fungible tokens as opposed to non fungible tokens.
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Transparency and ReportingRead the Report for More.
Crime Reduction / Accountability / Inclusion / Report Accounting
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