SYSTEM

The only NFTs in the world that increase its value daily 100% guaranteed!     

Globalized Consensus Economy

By Guillermo A. Arango J.

 

 

Issue raised

Commonly today, the citizens of the world utopianly dream of an economy of all and for all, with economic equality and fight orally or physically using force when they understand that infinite wealth abounds in the universe, but that it is the human being who with his Control thoughts have reduced this wealth to a privileged few thus altering cosmic order and abundance.

Economic models change throughout history to adjust to advances in knowledge in society. This is how we have gone through economic models of barter, feudal and mercantilist to the most modern of capitalism and communism.

Until now, all economic models have been based on the supply and demand model in one way or another, becoming today a law of exchange of goods and services, a model that makes producers and consumers boost the price of things but that sometimes they come to find dishonest, deceitful, abusive and control ways seeking to find the advantage that ultimately benefit an elite that pulls the strings of humanity.

This writing will show how it is possible to achieve global order and abundance without any trace of poverty, on the contrary, abundance for all, one could even say infinite wealth.

It will show how a new, high-tech, modern economic model can make the change that is needed to reach the distribution of wealth among all the citizens of the world that guarantees the well-being of each one of them.

 

Economic Models in History

History (Monetary Systems)

The history of the economy studies the economy from its beginnings: from the simple and local exchange that, over the millennia, has ended up evolving into the complex and globalized capitalism, going through other models, such as the slave, feudal or mercantilist.

The economy is as old as humanity itself. Five thousand years ago, when two shepherds exchanged a goat for five chickens, they were making an economy. Since then, different economic systems have succeeded one after another. Can we then, looking at the past, intuit what the future holds for us?

Each economic system has been preceded by a change in the philosophy of society, in addition, said system has responded to a series of needs and concerns of the time in which it was created.

1. The first agrarian systems

In the beginning all economic activity was limited to agriculture, fishing and grazing. Money did not exist and all economic exchanges were made through barter, so our ancestors did not know what a mortgage or a temporary employment agency was.

For centuries, the main routes of communication and trade were the rivers. The exchanges that were carried out were based on the surpluses of the families, handmade craft products that were left over. These constituted the main economic nuclei of the subsistence economies.

With the Egyptian, Greek and Roman cultures, in that order, the slave system formed the basis of the economy. The main wealth came from the work of slaves in agriculture. War was also considered, according to some Greek philosophers, a source of wealth, due to the supply of slaves and the cheap labor that was obtained after the conquests.

During the Roman Empire there was an increase in commercial activity, although it was not very efficient since all the goods were sent to Rome and, from there, redistributed to the confines of the "known world".

2. The feudal system

With the collapse of the Roman Empire there was a great structuring of economic activity. The concept of a protective empire with well-defined borders collapsed and the peasants, the main generators of wealth, moved to the nearest castle to protect themselves from the hordes of invaders and plunderers.

Each feudal lord protected a certain number of vassals who worked the land. In exchange for protection, they gave an annual amount of their harvest to the lord and the church. This was what was known as a tithe, because it was equivalent to a tenth of the harvest. During this time, trade was reduced to certain annual fairs where handicrafts were bought and sold.

new form of wealth production began to emerge, different from everything known until then (agriculture, livestock, fishing and conquest) and based on the contribution of a certain added value to merchandise. We are talking about the guild of craftsmen, forerunners of the factories. At this stage the rich had to purge their status of privilege by giving alms (charity) and charging interest was considered blasphemous.

3. The mercantilist system

As time progressed and the invading hordes slowed their flow, cities began to grow outside the walls, and currency, bills of exchange, and promissory notes began to spread . With this, being rich was not frowned upon since, if work dignifies, wealth, as a product of work, was equally dignified. A new social class arises among the peasants, the nobility and the clergy: the bourgeoisie, boosted by trade.

With all these changes, charging interest is no longer a taboo. It is understood that the lender runs the risk that the money will not be returned, so that the interest is understood as compensation for said risk. In addition, the one who lends money cannot use it for something else, so the interest charge is legitimized once again by what is known as "lost profits".

4. Capitalism vs. communism

Factories, unions, chain production, interchangeable parts, the internet... With the arrival of capitalism, wealth ceased to be a means to get closer to God and became an end in itself. Getting rich was the goal of Darwin 's economic version of evolution the smartest got rich. Capitalism was based, in its beginnings, on the false belief that raw materials were unlimited. The falsity of this premise was revealed by the 1973 oil crisis . Logically, the raw materials seemed unlimited when the Earth had 100 million inhabitants, but with more than 6,000 things changed.

On the other hand, as a good utopia, communism worked well on paper, but it failed in one of its basic pillars: the human being and his altruism towards his fellow men. Everything was based on central planning, the supremacy of the common good and the state over the individual.

A vision of the future: what is to come

Although capitalism was based, among other things, on individualism and the idea that resources are unlimited, the next economic system should be based on the opposite (cooperation and recycling). Since resources have been shown to be scarce, their use should be optimized. Since there is an increasing population on the planet, if we all want to work, we should reduce the hours and ensure that the added value provided by each worker is enormous. One engineer would design something, another would optimize his design, and a third would build it more efficiently. So that in the end, the finished product would have been built in the most economical way and making the most of the available resources.

Text taken from https://www.bbva.com/es/la-economia-en-la-historia-una-look-at-the-past-a-vision-of-the-future/

 

Artdot-Tech™© Economic Model

Considerations: Currency

What is meant by foreign exchange?

Currencies are the currencies used in a region or country outside their place of origin or monetary unit. These are exchanged in the world money market, so their price fluctuates with respect to other currencies, establishing different exchange rates, in case the exchange rate is flexible. If it is a fixed exchange rate, the Central Bank defines its value in relation to the other currency.

It is also known as currency to money in currency of other countries that is in bank deposits.

Thanks to the exchange of currencies, the foreign exchange market emerged, also known as Forex (Foreign Exchange Market), in which currencies can be bought as an investment mode. Among the most traded currencies are the US dollar, euro, British pound, Swiss franc and yen. But foreign currency is not only demanded as a reason for investment, but also as a means of payment in other countries that have a different currency.

Text taken from https://www.andbank.es/observatoriodelinversor/que-son-las-divisas/

 

What is the payment currency?

A currency is a means of payment denominated in foreign currency, it can be coins, bills or traveler's checks.

 

There are two types of currencies: convertible and non-convertible.

 

Convertible, flexible or floating: they are those that can be freely exchanged for other currencies and their price is determined by the international market and can be exchanged without any type of government intervention.

 

Major world currencies such as the US dollar, the British pound, the Swiss franc, the yen and the euro are fully convertible currencies.

 

In the case of the Mexican peso or the South African rand, they can be traded without any type of limitation or intervention by any government authority.

 

Non-convertible: they are those that are subject to restrictions in each country and the prices are established by the State.

 

The Indian rupee is an example of a partially convertible currency, as the Indian government imposes certain restrictions on its trading. The real, the Brazilian currency, is a non-convertible currency, also called “blocked”; which cannot be traded on the world forex market and the Nigerian Naira.

 

Text extracted from https://blog.monex.com.mx/mercados-financieros/4124-2

 

What is the currency in Colombia?

The Colombian peso. The legal tender monetary unit in Colombia, including its islands of San Andrés and Providencia, is the Colombian peso. This currency currently has five types of coins and bills of six different values in circulation.

 

Text extracted from https://www.globalexchange.es/monedas-del-mundo/peso-colombiano

 

Based then on the concept of foreign currency concept as "coins used in a region or country outside its place of origin or monetary unit" we can then infer that the current digital currencies and cryptocurrencies fall under this same concept since the place of origin is outside of each country or region of the world and are classified as a monetary unit foreign to each country of the world since they are in the "digital world". For this reason, these types of currencies MUST be legally classified as Foreign Currencies.

Furthermore, digital currencies and cryptocurrencies are also used "as a means of payment in other countries that have different currencies" and are interchangeable with each other.

Thus, digital currencies and cryptocurrencies are foreign currencies and therefore their legal treatment must fall under this type of legislation in each country of the world.

 

Economic Model By Consensus

If we look deeply at the economic models that have existed in history, we can clearly see that all these economic systems were imposed by the need for exchange between people and certainly by the imposition of control groups on the population mass.

Each of these economic systems, however, was "preceded by a change in the philosophy of society" responding "to a series of needs and concerns typical of the time in which it was created."

At Artdot-Tech™© we believe that it is the right time to "respond to the series of needs and concerns of this time" and that therefore a new economic model must be created.

This new economic model must not be imposed in a forced way by a controlling elite that enjoys the privileges that only they can achieve, it must be a fair and true economic model that benefits every existing being on this planet, humans, the living beings that live here and the very nature that surrounds us and provides us with the resources we need to exist.

If the universe itself has infinite wealth, then what is indicated is that this new economic model be based on that very concept of infinite wealth. This is precisely what Artdot-Tech™© presents to the entire world, infinite wealth at the service of humanity so that with responsible regulation all beings that live on this planet can enjoy said infinite wealth.

It is for this reason that each user who enters our platform accepts the established rules that we have elaborated for the implementation of this economic model by consensus. What does this "by consensus" mean? It is simply the acceptance of the rules to be able to use our platforms and ecosystem that allows each user to make use of this infinite wealth that has been created to be exchanged with each other and thus enjoy it.

One of the main rules is that all users accept the exchange value that Artdot-Tech™© gives to their FT Artdot fungible token in order to guarantee a daily value growth and a profit as a consequence of that consensus value. Because this exchange value with other digital currencies or Fiat currencies increases daily and never decreases, the capital created daily remains in the possession of each of the users of the system and its growth limit does not stop over time. Artdot-Tech™© calls this constant growth of the value of its FT Artdot fungible token, “Base Wealth Monetary System” since capital is constantly being created. In other words, every time an FT Artdot is created during the conversion process from common images to images supported by the Artdotchain Encryption Technology (Blockchain Artdot) which is based on the algorithm created by artist, engineer, mathematician and author of Artdotchain Technology Guillermo A. Arango J. in the Theory of Numbers solved by him, wealth is created as a consequence in the form of exchange value during the sale or auction of these images created by our users within the Artdot-Tech™© Ecosystem.

Basically, the creation of FT Artdots could be interpreted as the creation of a limitless mine of capital, where you can constantly mine without depleting your stock at any point in time.

Another of the main rules is that the use of this FT Artdot fungible token is associated with a single centralized ecosystem that allows work efficiency and energy costs that are friendly to the environment and thus be responsible with it. This centralization of the entire ecosystem necessary to carry out all the operations required by our users allows users to efficiently and quickly carry out all types of negotiations, transactions, operations, payments or receipt of these quickly and safely in real time.

 

Globalization of the New Economic Model By Consensus

In order for this model by consensus to reach every human being and thus this infinite wealth is in the hands of each one of us, it is necessary that it be implemented massively. That is why we have created a massive distribution strategy through our "Mega Launch" and that all our users have the opportunity to participate in the gifts that we want to give each one. By participating in the vote that we have created, each user can vote for the influencer they choose from a list of 130 influencers who positively influence the world. The user will be able to receive a gift equivalent to 50 times the value of the purchase made from a fraction of the digital images backed by Artdotchain encryption (encryption parallel to Blockchain, but more efficient and secure) that the artist, engineer, mathematician and author of Artdotchain Technology Guillermo A. Arango J. created for each of them.

Each user will receive the gift directly in their personal account at the time of making their fractional purchase of the digital images that honor the 130 influencers. This gift will grow in value daily and users will be able to start all the operations that our platforms and services have to offer from October 4, 2022, the official launch day of the Artdot-Tech™© platforms.

 

Consensus Economic Model Tools

Currency

FT Artdot

It is the fungible token used in our Artdot-Tech™© Ecosystem, based on Artdotchain encryption technology. Its value starts equal to the value of 1 gram of gold on April 17, 2022 and randomly grows between 1 and 5 grams of gold every day for the first year of operation.

 

Ecosystem and Services

Artdot-Tech™© App Platform,

Artdot-Tech™© NFT Artdot Marketplace Platform,

Artdot-Tech™© NFT Artdot Platform,

Artdot-Tech™© Gallery Platform,

Artdot-Tech™© Exchange Platform,

Artdot-Tech™© FT Artdot Platform,

Artdot-Tech™© Wallet Platform,

Artdot-Tech™© Verifications Platform,

Artdot-Tech™© Laboratory Platform,

Artdot-Tech™© Premium Platform,

Artdot-Tech™© Academy Platform,

Artdot-Tech™© Information Platform,

Artdot-Tech™© Transactions Platform,

Artdot-Tech™© Collections Platform,

Artdot-Tech™© Research Platform,

Artdot-Tech™© Fiat Platform,

Artdot-Tech™© CSR (Corporate Social Responsibility) Platform,

Artdot-Tech™© Awards Platform.

 

Platform

https://artdottech.com/

 

Artdotchain Technology


Artdotchain is the new next generation cryptography and Blockchain encryption protocol based on a number theory algorithm solved by the artist, engineer, mathematician and author of Artdotchain Technology Guillermo A. Arango J. which ensures that we use advanced mathematics to secure our funds, making sure no one else can spend them.

This algorithm guarantees the security of the encrypted data in fragments (blocks similar to the blockchain protocol but that use the natural number resolved algorithm) that are joined and stored on the servers and smartphones of the users that act as network nodes maintaining a Secure and decentralized registry of transactions.

The Artdotchain differs from the Blockchain in that it is more advanced, more efficient, safer, faster and more environmentally friendly since it does not need energy consumption as in blockchain mining where reports state that each Bitcoin transaction consumes 1,173 kilowatt hours of electricity, that's the volume of energy that could "power a typical American home for six weeks."

Transactions are validated in real time and secured on your smartphone with no possibility of balance loss. Even in case of data or smartphone loss, the Artdotchain algorithm automatically recovers when you get a new smartphone and install our Artdot-Tech™© app.

 

Security

·         100% traceability

·         Two Factor Authentication

·         Key/seed generation

·         Wallet/key usage

·         key storage

·         Artdotchain backup algorithm

·        Continuous assessment

 

Audit and Control

Audit and control Artdot-Tech™© with centralized and decentralized Dual Copy with multiple service servers. Service platform with 100% traceability of all operations carried out. Eventually implementation of artificial intelligence with real-time auditing to counter system attacks.

 

Privacy

The data we collect is for the exclusive use of Artdot-Tech™©. In no case is the information shared with third parties outside our systems. In the event of a court order, we collaborate with the judicial bodies in accordance with the law and data protection of the Republic of Colombia.

 

Data collected:

- Email address;

- Name;

- gender;

- date of birth;

- home address;

- phone number;

- nationality;

- Device identification;

- Photo ID;

- a video recording of you;

- the Internet Protocol (IP) address used to connect your computer to the Internet;

- login, email address, password and location of your device or computer;

- Metrics of Artdot-Tech™© products and services (for example, the appearance of technical errors, your interactions with the functions and content of the service, and your configuration preferences);

- version and time zone settings;

- Transaction history;

- Information from other sources: We may receive information about you from other sources, such as credit history information from credit bureaus;

- Information about their behavior:

 

Autonomy

Artdot-Tech™© has 100% autonomy over all transactions and operations carried out on its platforms with access encryption only by its users in their personal accounts.

 

Support Legislation in Colombia

1.      Art. 333 of the CP in its sacred principle of Business Freedom.

2.      Law 57 of 1887 arts. 653, 670 and 671, 1869 and concordant by means of which the goods, their nature and the rights that said goods grant are defined and classified.

3.      Law 1834 of 2017 also called the Orange Economy or creative economy.

4.      Law 23 of 1982 that regulates the Moral or Patrimonial rights of Authors.

5.      Law 1258 of 2008 that regulates the so-called Simplified Stock Companies.

6.      Law 565 of 2000 that approves the accession of our State to the WIPO.

7.      Berne Convention, which guarantees state protection for artistic, literary and scientific activity, with technological innovation being included in the latter. (SENTENCE C-1183/2000 H. CONSTITUTIONAL COURT).

 

Necessary Legal Framework

Artdot-Tech™© places the "Economic Model By Consensus" at the service of humanity in an open and progressive manner with all the pertinent legal guarantees that allow the perfect functioning of this economic model today without violating the laws of any nation.

Now, each nation on the planet has its own laws and our users must respect and abide by what their own nation has as a legal order.

Artdot-Tech™© invites the law makers of each nation to allow without obstacles the use of this new technology for the benefit of all its citizens and create laws that allow the use of this infinite wealth in a responsible, safe and balanced way with nature and the very life of each existing organism on our planet earth.

 

Artdot-Tech™© Team

 

Last revision: April 17, 2022

Artdot-Tech™©

Guillermo A. Arango J.

Creator of Artdot Technology and Artdotchain

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