Universal Basic Income Organization - Tax Free World
Puranam Picasso
Algorithmic Trader, AI/ML & Cryptocurrency Researcher, Technical Writer/Author, Certified Blockchain Architect, Certified Lean Six Sigma Green Belt, Certified SCRUM Master and Entrepreneur
- The UBI (Universal Basic Income) system is a digital currency that aims to create a more equitable and prosperous world for all by providing a basic income to all citizens.
- The UBI system operates through a decentralized platform, using smart contracts and blockchain technology to automate the distribution of income and track transactions.
- The UBI system does not require direct tax collection, but instead generates revenue through transactional fees and incentives for governments that contribute to global progress and innovation.
- The UBI system promotes economic stability and reduces the gap between rich and poor by providing a consistent income for all citizens.
- The UBI system also helps to prevent inflation and unemployment, and creates unlimited job prospects through the support of research and development.
- The UBI system aims to eliminate hunger and provide shelter in underdeveloped and developing countries, and reduce the number of wars caused by power struggles and economic growth.
- The UBI system can also help to end neo-colonialism and prevent corruption when fully implemented.
- Overall, the UBI system aims to revolutionize the current education, lifestyle, and economic systems to create a world where every individual is given the resources and opportunities to succeed and achieve their full potential.
can check the article @ https://medium.com/@imbuedesk.design/universal-basic-income-token-tax-free-world-coin-part-1-f453b0623fee