A New Era of Digital Currency
Revolutionize Finance. Empower Economies. Code the Future with U Flow.
Embark on a journey to build a robust, secure, and nationally impactful digital currency. Global Commons calls on Python developers to lead the charge. Are you ready?
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What do we aim for?
We aim to demonstrate a prototype in a sandbox where anyone can test and evaluate the model of digital currency and its process flow.
Unique Identification
The UI Number keeps track of its path from the central bank to its current owner.
Virtual Ownership
The currency never leaves the banking network, but individuals virtually possess it in their accounts.
Multi-directional Transactional Log
Each transaction generates logs simultaneously at the local bank, state tax department, and central bank.
No Theft
Since the logs play a significant role in tracking the money's journey, theft becomes an impossible thing.
Tax Collection
With every penny recorded in the network, tax collection and charging become easy tasks.
No Counterfeiting
Everything in a network with permanent ownership from the central bank and a unique ID completely eradicates the future of counterfeits.
No Black Money
Individuals can no longer store cash in vaults or Swiss banks.
Corruption
With the tracking feature, corruption also becomes a dream.