Operation of the Sovereign Currency
Creation and Distribution:
The Sovereign Currency is distributed through the Bank and People's Resource, ensuring an equitable allocation of funds to support citizens in their personal, patrimonial, and professional initiatives. It is accessible through a simple digital system and is issued based on market needs and local projects.
Practical Use:
Citizens can use the Sovereign Currency in various regional sectors for transactions ranging from local trade, such as purchasing goods and services, to securing their properties within the République Kwébec Land Registry.
Ecosystem:
The currency is accepted by a growing list of local partners, including merchants, businesses, and public services. These partners benefit from a strengthened local economy, while citizens experience increased purchasing power and independence.
Technology and Security
Blockchain and Security:
The Sovereign Currency relies on blockchain technology to ensure transaction transparency and security. Each transaction is encrypted and immutably recorded, eliminating fraud risks and enhancing user data protection.
Smart Contracts:
Automation via smart contracts ensures that transactions are reliably executed without intermediaries. For example, in the République Kwébec Land Registry, smart contracts automatically validate property ownership, enhancing asset security and ensuring individual rights.
Controls and Audits:
Regular audits are conducted to ensure compliance and user security. These controls guarantee that funds are managed responsibly and that transactions align with the Republic's security objectives.
Benefits for Users and Partners
For Users:
- Savings and Loyalty: The Sovereign Currency allows users to benefit from a loyalty system and save by transacting directly with other network members of the Republic.
- Asset Security: By integrating services such as the Land Registry, users can secure their properties and avoid mortgages and seizures imposed by external entities. This asset support is reinforced through the use of smart contracts.
For Merchants and Partners:
- Reduced Transaction Costs: Local businesses that accept the Sovereign Currency experience reduced transaction costs compared to traditional financial networks.
- Loyalty: By accepting the digital currency, merchants benefit from a loyal and engaged clientele, creating a sustainable economic ecosystem where the community is interconnected and supported by shared values.
Implementation and Target Regions
Regionalization:
The Sovereign Currency allows each administrative region of Quebec to benefit from a stable and local currency that strengthens the local economy. Citizens and merchants can exchange goods and services while contributing to regional economy and autonomy.
Interoperability Between Regions:
The currency is designed to allow smooth interoperability between Quebec's administrative regions, ensuring easy and unobstructed exchange between local communities. The exchange rate remains stable, reinforcing transactions and collaboration between regions.
Conclusion: A Currency for Economic Sovereignty
The Sovereign Currency is committed to offering Quebec an independent economic model that is secure and aligned with values of asset sovereignty and local development. By giving citizens and businesses direct control over their transactions and supporting initiatives like the République Kwébec Land Registry, it strengthens Quebec's economic autonomy while preserving the security and transparency of exchanges.
