trickle up economics
Đestinī is an in-development cryptocurrency based on a new blockchain platform designed to become the digital currency of the future, and the premiere platform for impact investment.
“Instant transactions, no waiting for checks to clear, no chargebacks (merchants will like this), no account freezes (look out Paypal), no international wire transfer fee, no fees of any kind, no minimum balance, no maximum balance, worldwide access, always open, no waiting for business hours to make transactions, no waiting for an account to be approved before transacting, open an account in a few seconds, as easy as email, no bank account needed, extremely poor people can use it, extremely wealthy people can use it, no printing press, no hyperinflation, no debt limit votes, no bank bailouts, completely voluntary. This sounds like the best payment system in the world!"
Trace Adkins JD - Leading Bitcoin and Gold Specialist discussing power of cryptocurrency
Đestinī will act as a secure, and transparent means of impact investment for those committed to social good.
Invest in a material asset (like building a well in Africa) and you’ll be able to trace where exactly your funds went, and how much water your impact investment is producing.
Put your donation towards a person, and you’ll be able to have a real relationship with them, acting as a virtual family supplying mentorship, friendship and a view into your world.
What Will Đestini Do?
Receive lien currency investments . If invested into a physical asset, live data will show how much that asset is producing and the ROI – for example:- how much water a well is producing or rental income of micro home ( potential connection required via IoT)
Tracks investments made into Destinato residents as well and a report card on the key ‘measures of success” for those residents (Source: Destinato Project Los Angeles)-potential gamifycation aspect:
Hospitalizations (consider HIPAA), criminal activity, drug testing, education, employment, housing, finances (includes mortgage payment history from initial E-3), happiness.
Process automatic state rent payments (Section 8 conversion to Đestinī)
Automatically process state benefits, like food stamps, SSI-D, MedicAid (US Based examples)
Regulatory reporting for state/federal compliance
Deliver a UBI (Universal Basic Income) to all residents at 00:00DT sufficient to purchase the essential services for the day.
Grant gamified micro-transaction rewards for particular positive behaviors to assist in recovery (for example reading books, etc)
Smart Contract application for legal contracts, including service agreements, rental agreements, ticketing and more.
Digital voting for certain democratized events including instant consensus gathering (such as which of the following dishes would people prefer for dessert tonight?)
Digital Identity, academic (gathered in real-time from the EDUC0 app platform) and medical records
Transaction rewards and history of work completed helping others
Loyalty schemes – process bonuses for frequenting Destinato ecosystem establishments
Automated stock control for limited goods and services
Peer to peer insurance. Home and belongings.
External – Graduate
POS that can be ‘mined’ with acts of social good, rewarding socially correct behavior (for example – mowing your neighbors lawn would give you a set amount of Đestinī, with a small additional amount ‘mined’ for completing the action
Digital voting for Destinato graduates
Process ticketing for Destinato events
Save and update resident’s medical record
Automatically updates resident’s record for previous health history, all medicine used, health examination, and any health/medical activities
Keep track on and remind the periodic health examination for residents
Record the general health information periodically, such as height, weight, blood pressure, urine, etc...
Eliminate moral hazards by human interaction in smart contract
Have an automated third party so blockchain can automatically generate and enforce the smart contact without human interaction
Save and update resident’s criminal record
Anonymizing election data and Personally Identifiable Information
Determine the amount of benefits provided for residents
If each resident receives the same amount of benefit, then this is not a problem;
If not, blockchain can follow a list of procedures step by step, use criterias to determine the amount
Deliver UBI to residents
Periodically deliver UBI to residents
Save and update resident’s education record
Automatically updates resident’s record for any educational activities (such as reading, writing, learning new skills, etc), record resident’s learning process
Determine resident’s strong, weak, and preferred subjects
From each resident’s education record, use specific algorithms to calculate. For example, the subject with the highest/lowest scores received may be the strongest/weakest subject; the subject with the highest frequency of access may be the preferred subject
Đestinī will become the economic currency of our communities with a variety of functions. Primarily, Đestinī will deliver a Universal Basic Income (U.B.I.) for residents managing limited resources such as food, water, and electricity.
As residents navigate the program we will gamify and reward progress made in the program with token bonuses, with built in benefits for our education system. All work will earn income which can go towards savings accounts to benefit post graduation life
Đestinī will also auto-compute federal, state and national compliance including taxation, legal review and contract creation in real-time. Our blockchain solution can track success outcomes for our graduates, so we can learn how they navigated our program, and with machine learning, calibrate Destinato’s work to become more effective.
Powering Impactful Businesses
a second payment option for impactful businesses
When individuals graduate from our comprehensive program, they’ll agree to use Đestinī as a payment option in their store. Additionally, we’ll open Đestinī up to power non-Destinato originated businesses with a particular focus on the developing world. In countries where the central currency is subject to fluctuation, or in some cases non-existent, Đestinī will give a legitimate platform to build economies that serve the poorest of our people with trickle-up economics