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Corona weekly UBI (universal basic income) Stimulus & credit w/ CBDC…
Corona weekly UBI (universal basic income) Stimulus & credit w/ CBDC mobile Wallets
Goals: immediate disbursement of funds to remote and urban populations. secondary goal/ communication and tracking of movement, disease spread and "status" of villages remote areas. in exchange for using/hosting the wallet.
What: Solution digital currency blockchain based mobile wallet. populated with "emergency" funds and capacity for 3rd party actors to offer credit. also offers a "savings feature" 30 day lock of account for security.
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Why: crisis cash and ability to "monitor" remote communities wallet could have simple Q&A capabilities. associated with health / mobility etc.
Extra feature. may have demurrage built into force "redemption"/expiry and spend. i.e. expires in 3 months.
When launch the wallet distribution immediately as MVP with security part 1, then release extra features on top of an ERC20 or ERC721 token with expirey date 3 month issuance built in.
extra capabalities: could have a credit feature enabled from Central govt. or 3rd parties etc. links with phone use as credit history proxy or backed with telco override on bill
Who: Consensys, central bank issuer via treasury / banks as digital custodian redemption into accto, national telcos, Ethereum developers
How much: Median GDP/capita 1 week. per capita. 6 month target. adjust for phone ownership/hosuehold estimate per country