Method and system for issuing and administration of the currency
AssigneeWorldmoney Blockchain Financial Co., Ltd
InventorYuan Qing
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AssigneeWorldmoney Blockchain Financial Co., Ltd
InventorYuan Qing
Estimating the term…
Provided is a method for issuing and administering currency, including determining current global population, an amount of currency held by each person, and a total amount of currency issuance. Everyone on Earth receives the amount of the currency held by each person according to personal properties. Increments of currency issuance and the number of new births every year after the first currency issuance are determined and, according to the total amount of the currency issuance, all existing non-ownership public resources on Earth ate evenly distributed, with each unit of the currency corresponding to each unit of the public resource. The total amount of currency issuance is linked up with the global population and global wealth, thereby eliminating the unreasonable and unfair phenomenon on arbitrary printing of real currency without restraint or regulation. The total amount of the currency is dynamic according to the changes to global population and global wealth.
A method for issuing and administrating a currency, the method comprising:
A system for issuing and administering a currency, the system comprising:
Dependencies are inferred from the claim text.