


HOW DOES THE ECONOMIC EXCHANGE AND TAXES WORK?

Every Sustainable Citizen will have access to telecommunications technology with internet access. Both Sustainable Citizen and providers will have the UBe application for payments and purchases on the BLOCKCHAIN.
UBe App
These UBes appear in a virtual account through an App with BLOCKCHAIN technology (anti-fraud). Green and Blue UBes can only exchange products or services based on the circular economy and within the country where they are issued, while Red UBes can buy everything else. All exchange of UBes is made through this application with a friendly and simple interface where the user will have the ability to efficiently manage their economy.
To exchange UBes, register your product or service in our App along with input costs, distribution channel costs and final consumer price. In this way, the system audits in real time all origin and transactions in both Central-Currency and UBes.
ABOUT KNOWLEDGE
In health-based economy, knowledge is worth as much as gold and has an ascending value. Dedicating your life to study, to knowledge and contributing to humanity also generates Blue UBes. Pass an annual exam and expand your UBes account.
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Likewise, every Sustainable Citizen has the ability to pay for their education, and that includes training of any kind. That is, if you have knowledge about a topic, you can exchange Green UBes and convert them into Red UBes.
HOW “TAXES” ARE COLLECTED
GENERATIVE SYSTEM OF TAXES BY EXCHANGE (GENTAX)
Like the UBes in health-based economy, "taxes" are GENERATED. This only happens with products based on circular economy only through Universal basic employment. For each UBe that is exchanged, the system GENERATES 20% of "Tax", which, in our business model, a part is delivered to the government, and another part to our operation, which allocates resources for research and development of new technology from the coverage of basic needs to health, food, medicine and bio-medical engineering.
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In the health-based economy, everything works for the benefit of well-being and mental health.