Jooles

= a food-backed cryptocurrency based on the unenclosable carrier Holochain

URL = https://justoneorganics.com/

Description

Arthur Brock:

""another new system directly incorporates regenerative certification into the very economics of food production. By meeting standards within the JustOne Organics Living Economy System (JOOLES), growers gain not only valuable contracts to sell their grade-B produce known as “seconds”, they also get access to interest-free credit lines they can use to increase their growing capacity. Credit limits are determined by a formula that takes into account the metrics from their produce’s spectroscopic analysis, so farmers are directly incentivized to improve the quality of the food they grow.

JOOLES will provide a food-backed cryptocurrency based on the unenclosable carrier Holochain, which means that the currency can never be centralized. Thus, it’s the participants in the ecosystem who issue credit — the holders of the currency, rather than big banks — effectively paying qualifying farmers ahead of their seasons for the food they grow." (https://medium.com/holochain/the-holocene-explosion-2-1-game-changing-possibilities-in-a-world-of-unenclosable-carriers-21ddbb15341a)