Cool new decentralized financial system (not a cryptocurrency)

in #cryptocurrency8 years ago (edited)

Just wanted to share a very good idea from one of my friends.

GEO - Economics of interchange. It is an alternative decentralized financial system, based on a relationship of trust between people.

Their fresh video —

Project is only in development, but it is very promising.



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Yes, this project was like inspired by Ripple, but improved the main idea to the higher level in understanding and user experience (I tested their app).

I tested too. Unfortunately, there isn't possibility to create trust lines at the moment:
" New trust line
К сожалению, эта функция сейчас недоступна в связи с перегруженностью сервера.
Как только будет завершена работа над новой системой взаимодействия, мы сразу же сообщим о нововведениях.
Спасибо за терпение и поддержку."
What was your experience?

Should be some temporary problems. Some time ago I have created few trust lines and made 1 payment.

OK, I'll try later.

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