Tokens to shift global economy

in blockchain •  6 years ago 

Over the past 10 years, the modern economy based on the speculative mechanisms of the financial system has demonstrated its ineffectiveness and inability of the future existence. Built from financial instruments of questionable quality, the world of financial pyramids does not stand up to constructive criticism. The current state of the global financial system can hardly be called healthy and effective.

This is the fundamental reason of the global hype around blockchain technology and tokenization. Emerging technologies are able to completely change the paradigm of the development of the world economy and the mechanisms of interaction of economic agents.

The majority of the generally accepted socio-economic models rely in their calculations on the conditional values — fiat currencies and their derivatives or gold and other precious metals.

Tokenized values ​​of real markets and mechanisms for validating information will become the game changer.

MUST platform provides the seamless transition of the world economy from the speculative towards value-based model. Aiming at the segment of micro, small and medium-sized enterprises which amount to 60% of the production in the developed countries, the transition strategy assumes the successive inclusion of various segments of the economy. Inclusion of each new segment will occur through solving the key problem of the MSMEs, namely, the lack of available funding.

At the start, MUST targets the automotive market, as well as markets of freight, construction, special equipment and machinery. The volume of the financing gap for the target markets exceeds $1 trillion. Due to the high penetration of IoT (Internet of Things) technologies in the given markets, the use of the existing data flow is not only possible but crucial in increasing the effectiveness of the MSMEs financing system.

Value-based economy is a system built on the measurement of the value of all intermediate products of the market through the atomic valuable end product of the target market. Atomic value of the market, in essence, is a true valuable end product of the market.

Considering the market of commercial cargo transport, which includes production of trucks, service maintenance, spare parts and more, we can affirm that the benefit consumed by society here is the paid kilometer of the mileage of vehicles. Tokenized, every kilometer produced or planned for production will become a market good involved in trade and investment operations within the MUST platform.

Moreover, every vehicle tokenized becomes a smart asset producing atomic values of the market. A system of oracles connecting industrial sensors of the equipment with blockchain database provides businessmen, investors, analytics and any 3rd parties with current reliable information on productivity, location, and any other measurable index.

The MUST platform is the first of a kind ecosystem of the value-based economy involving standards of tokenization based on industry standards, infrastructure and services for enterprises and investors — auction, smart asset exchange, financing, lending, escrow, crypto-fiat gateway and tax service, SDKs and APIs for developers of the new services. The platform provides real economy with transparent ties between assets and capital, and empowers business community with a new system of metrics.

Proof of asset algorithm.png

Tokenization reveals the limitless potential of business opportunities enabling the creation of new markets, products and services. This is a tool for transferring goods and assets from material state to digital which allows to significantly reduce the number of intermediaries, increase the speed of transactions and, as a consequence, multiply the volume of the market. This is the future.

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