Poverty in the conventional sense is income (income) from a community group that is below the poverty line. Therefore, poverty alleviation efforts are often only oriented towards increasing the income of the poor.
Poverty is often understood in very simple terms as a state of lack of money, low levels of income and non-fulfillment of basic needs of everyday life. In fact, poverty is a very complex problem, both from the factors causing and the impact it caused.
Poverty can be divided into 3 (three) definitions, namely: absolute poverty, relative poverty and cultural poverty. A person belonging to the absolute poor if his income is below the poverty line is not sufficient to meet minimum living needs, such as food, clothing, health, boards, education. A person is relatively poor if the person has actually lived above the poverty line but is still below the ability of the surrounding community. While a person belonging to a poor culture if a person or a group of people have an attitude not want to try to improve the level of life even if there is effort from other parties who help.
Backwardness
Backwardness is closely related to the quality of human resources or human resources. In addition, the problem of inactivity is closely related to low levels of progress and health care, lack of maintenance of public facilities, and low public discipline.
Unemployment
Another problem facing developing countries in economic development is the problem of limited employment. The problem of unemployment arises because there is an imbalance between the number of labor force and the number of available jobs. This is common because the country is experiencing a transition period of economic structure change from agrarian country to industrial country. As a result the available labor force is in the agrarian sector, while the available jobs demand industry expertise.
Lack of Capital
Lack of capital is a feature of every country that is undergoing economic development process. As a result, the lack of capital can hinder the acceleration of development, and also cause the country's difficulties out of poverty.
The rise of the times and the modernization of the economy required substantial capital. Developing countries are experiencing the same difficulties, namely lack of capital. This is due to low savings and capital formation rates.
This makes the RootProject organization to participate in developing one way or idea that will ease and improve the economic problems of the community by embracing the work-based technology blockchain. And let's take a look at what the RootProject is offering.
About Root Project
LABORLESS CROWDFUNDING
The new crowdfunding model creates supply and demand for community projects. The project proponent does not have to complete the project or find out anything about the emergency crypto. Donors get tax deductions. Visible social projects improve reputation
CRYPTOCURRENCY
Some of the crowdfunded project results go to the purchase of tokens, causing money demand. Others go to the material, a wage manager, and wages for those suffering from poverty to complete the project. It is difficult to close the money supply, so each project reduces the supply of liquid tokens.
PENSION FUND AND INTEREST ALIGNMENT
In addition to hourly wages, paid in USD, the cost of cryptococcal half of the day's income is saved in a medium-term pension fund entity - then reduces the supply of a liquid token and aligning the interests of the most vulnerable investors and communities.
Roadmap
In this project is the name of the person who is professional in their respective fields and very competent to bring success because it is very serious in handling this project. And for more details about the information please visit this LINK to gain a deeper understanding.
Official Website: https://www.rootproject.co/
Whitepaper: https://www.rootproject.co/files/WhitePaper.pdf
Slack: http://rootproject.herokuapp.com/
Twitter: https://twitter.com/rootprojectco
Facebook: https://web.facebook.com/rootprojectco/
My Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=395093
Ann BitcoinTalk: https://bitcointalk.org/index.php?topic=2007772.0
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