Frequently Asked Questions

Social Credits

  • What are social credits?

    Social Credits are a virtual (read digital) value held in your Vault balance.

    The value is appropriated and securitised on an Open Finance Treasury, whose ownership is mathematically vested into Planet Earth’s population, and commerce exchange events on the Open Constitution AI network.

    Network’s ownership rights are registered through an Open Constitution license, by subscribing to an encrypted token on a public ledger. 

    The transaction trail of the Contributor License Contract acts as proof of I.P ownership of the Open Constitution Network Estate, by any voluntary contributor.

    The Open Constitution I.P. Estate is an incremental contribution-based, fractional ownership property type.

    Quantification of the Property Ownership rights is earmarked for the variable limit – Population Index (in simpler words, the quality of OC license tokens is tied to the Planet’s population.

    Quantification of the Property Exclusion rights are earmarked for an incremental creation basis.
    In simpler words, when Contributor n+1 joins community and claims ownership rights on the I.P Estate, it influences the Open Treasury standing of n Contributors, for all contributors to be able to exercise the Property Exclusion rights.
    The rights are therefore governed by Open Governance Articles of Association of the Open Constitution. 

    The secondary financial instrument used for accounting and intra-community transactions is a Social Credit.

  • What are Social Credits used for?

    Social Credits can presently be used on the Open Constitution AI network for representing:

    a. Rewards for voluntary contributions

    b. Store of value

    c. Exchange of values, and energy on the Open Constitution network.

    d. Escrows on the Open Tribunal

    e. Offering Credit Line to Trust Providers

    f. Accounting Carbon footprint of the Foundation’s constituents

    Read Acceptable Usage: Social Credits

  • Are Social Credits a crypto currency?

    No, Social Credits are not a crypto or digital currency. They are a representation of Foundation’s resources on a digital ledger, and the representation provides the ability to perform intra-community events of the global Association. 

    The Social Credits accounting can be seen as an intrinsic value that is attached to the intellectual property pool of the Open Constitution AI network. 

    Social Credits are a community currency. 

    During the value generation on the Open Constitution AI network, several intra-community exchanges take place through social credit.

E-tenancy

  • What is e tenancy?

    An institution, or organisation or a one person business may register for digital assets and access to the Open Constitution AI network, when such an organisation intends to receive social credits.

    The E lease that the organizations subscribe to is a Tenancy hosted on the network.

    Tenancy activates resources for member accounts affiliated with the Organization on the Open Constitution Network. 

    Tenancy and tenant activities, including tenant representation by any individual member are governed by the Articles of Association for legal bodies. 

  • What are tenancy benefits?

    E-tenancy full benefits are currently active in Australia, Brazil, Canada European Union, Hong Kong, Japan, Singapore, Thailand, UAE, US, UK. E.tenancy standard benefits are active in remaining tax residencies for any organisation.

    Benefits include:

    Early access to the electronic lease registry: Social Credit. Transact social credits for any intra-community lease and payments contract, including contracts dispute mechanism.

    Activate trust entitlements for your affiliate beneficiary pool. Access Network’s Identity and Authorization server for accessing network resources for region specific entitlements.

    Additional tenancy features:

    Withdraw social credits out of Open Treasury. Receive vIBAN and an international payments card for your organisation. Access to line of credit, insurances to secure any commerce contract which an E tenant deploys on the netwokr.

Trust Keys

  • What are trust keys?

    Trust keys are encrypted access keys that help you access your E residency or E tenancy entitlements. 

    You can gain authorized access to any digital public services deployed in accordance with Open Constitution AI Network using the Trust keys in the Trust Console. 

    You can use these keys to access different resources of the Open Constitution AI network.

E Residency

  • What is E Residency?

    The Open Constitution network is an open source governance protocol that allows artificial intelligence and humans to interact on a globally distributed machine network. By creating a Citizenship Account/Declaration, individuals can register their human rights on a self-organizing ledger. The network is accessible to the entire population of Earth and provides mechanisms for secure access to its resources. Additionally, citizens can activate an E Residency program on the network, which grants them access to their rights as outlined in the constitution’s articles. This residency comes with the ability to manage data residency, access settings, and make voluntary contributions.

     

    In this article, we are describing the citizenship access to the Open Constitution network.

    Articles of Association of Open Constitution describe an open source governance protocol between artificial intelligence and humans, active on a globally distributed machine network.

    Open Constitution network(OC Network) is a cyber space, which is constituted by self organised and self independent association of humans and machine.

    This Digital public service network, licensed under the Open Constitution license, is by principle and design, accessible to the whole population of planet Earth.

     

    Individuals do so by creating a Citizenship Account/Declaration. By creating a citizenship profile of natural persons, who adopt the Open Constitution, you are basically registering your human rights on a Self organising ledger.

    Foundation is creating mechanisms and robotic automations to provide access to this Self organising ledger, by principle and design, using the Open Access charters, connecting digital footprint of citizen activity to Planet’s Resource.

    Read Forum Articles on the Help Center about Open Access Charter

     

    For example, Individuals, and Organisations such as Companies, Associations, Universities, Banks, Public Agencies etc can access the open source intelligence by activating a secure access to the network.

    What is E Residency?

    Citizens can therefore activate an E Residency on the Open Constitution network. An E Residency is a type of electronic residency program on the Open Constitution network, which sets up a citizen’s access to their rights, as part of the constitution’s articles.

    E Residency is activated as a lease on the Open Constitution network. An E Residency lease comes with citizen’s ability to Self manage their data residency, access settings to the network’s assets, and their voluntary contributions.

  • Which Trust Entitlements can I activate?

    Based on your tax residency, at the time of your borderless Trust Account registration, you can access Social Finance through the Trust Console. A human gains a universal login access to Network’s digital public services e.g. CouncilPost, Open Tribunal, Open Treasury. When you activate e residency, you can seek human support on the network issues.

    Trust Entitlements also include ability to transact social credits for any intra community e lease and electronic contracts. 

    Union Insurances(coming soon)

    International Payments Card to redeem your social credits(coming soon)