Cryptocurrencies and Basic Income: what is SwiftDemand?

Cryptocurrencies and Basic Income: what is SwiftDemand?

SwiftDemand is a basic income blockchain experiment in which each user who is signed up daily receives a certain number of Swift tokens. The project’s white paper gives a clear understanding of the implementation of this Decentralized Autonomous Organization (DAO) providing Universal Basic Income and how the Swift Protocol works.

The concept of SwiftDemand is to create a transactional currency that provides basic income. Hence, four types of accounts are required to ensure that the ecosystem works: Citizens – The registration to become a Swift Citizen is open to anyone and is for free. However, a unique individual should only […]

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