Welfare for the Commons
The Micro-Welfare System is an underlying layer of ReUnion Network that links support from institutions to users’ care relations. The backstage system employs DLT technology to rewards care activities with PTs and support relationships with CCs. It generates PTs and CCs based on the contracts; it receives fiat money from PT owners, organizations, and governments and distributes it to PTs and CCs, and facilitates the value exchanges between informal care and cooperatives.
When two PT owners exchange care Activities, their exchanges will generate PTs that are respectively owned by them, which are composed as CCs of their Relationships. PT owners can later use their CCs to exchange goods and services with cooperatives. This scheme aims to effectively elevate the value of care work, support a cooperative economy and reduces future cost in repairing systematic loneliness, through a relationship-driven economy.
Last modified 3yr ago