posted ago by WordsDonotHurt ago by WordsDonotHurt +2 / -0

A New Fair Global Digital Currency System For Intangible Product Service From The Savior Vision

The idea, solution belongs to me the Savior, no any entity allowed to use it without my permission.

So how a new fair global digital currency system for the intangible products services should be like? In this article I will share my vision with you, mostly focus on working mechanism.

There will be 3 major objects in the global digital currency system: – Buyer Account: for anyone who want to buy digital goods. – Seller Account: for entity want to sell their digital products service. – Exchange Center: the place for people to exchange fiat money for the digital coin/money/bit.

Let’s use the term “digital bit” as the name for the world common digital currency for example in this article.

The flow of the digital bit and major rules: Sending: – Buyer accounts can only send the digital bit to seller account and exchange centern not allow to send for any other buyer account.

– Seller accounts can only send the digital bit to exchange center, not allow to any other buyer account and seller account.

– Exchange center can only send the digital bit to seller account, not allow to send to any other exchange center or seller account.

Receiving: – Buyer account can only receive digital bit from exchange center. – Seller account can only receive digital bit from buyer account. – Exchange center can receive from both buyer and seller account.

The flow of the digital bit will be like this: Buyer account => Seller account => Exchange center => Buyer account.

Exchange center will based on each nation, 1 nation will only have 1 exchange center and only allow to using the local currency such as USD in USA, JPY in Japan, GBP in UK, etc.

Too long... You can see the full version via blog exist at www.buymeacoffee.com/allhumanity