Experiments with universal basic income (UBI) started long ago and have taken place in many countries across the globe. Some of them were quite successful but they failed to scale and remain sustainable. While there are multiple reasons for UBI not lasting beyond the pilot stage in the real world economy, it seems that blockchain, once again, can save the day. What is Universal Basic Income?
In a traditional sense, universal basic income (UBI) is a certain amount of money paid out to people on a regular basis without any restrictions, so everyone can receive money to cover basic […]