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  • Work with Kilkenny proceeding – The Liquidity Network
    Focus on user experience and trust The system components have been so far identified as the following A lightweight scalable server to run the LQN accounts A simple web based client that can run on anything from a mobile phone through an iPod touch to a laptop Scalable security ease of use trade off depending on levels of trust Extensions for vouchers and cheques as delayed electronic transactions A system that is as anonymous and secure as a credit card As easy as using a phone Usage of the system is proposed on the following assumptions We sign up users by giving them a card containing their account number and verification number optionally increase security using photo We forward a PIN to them in a secure manner not email We could ask some users high volume such as retailers to upload photographic evidence buildings or faces Users and customers use simple web interfaces where they must input some of account numbers PINs and amounts All these are digits to enable simple mobile phones Retailers choose their input device we will recommend touch screen smart phones PDAs but they can use what they like For QR codes we would recommend 3 types of smartphone We also plan to introduce self printed vouchers as physical currency Use once Change credited automatically to printer s account Scanning takes trader to https lqn ie katz voucher id 4829NSLF92 Could be printed for users at Kilkenny Katz help desk This summarizes the proposals presented to Kilkenny people both from the public and the council Discussions are going on to decide on further steps Feel free to contact us for more information Posted in Adoption Tagged with Kilkenny No comments By Fabio Barone September 11 2009 0 Responses Stay in touch with the conversation subscribe to

    Original URL path: http://theliquiditynetwork.org/index.php/2009/09/11/work-with-kilkenny-proceeding/ (2016-02-16)
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  • Kilkenny – The Liquidity Network
    July 10 2009 Posted in Adoption No comments Subscribe About The Liquidity Network The aim of the Liquidity Network is to address the current liquidity problem the slow down in economic activity triggered by the credit crunch Currently virtually all economic activity is powered by debt based credit individuals and businesses borrow in order to finance their activities Using the credit released by these loans they more Archives March 2013

    Original URL path: http://theliquiditynetwork.org/index.php/tag/kilkenny/ (2016-02-16)
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  • Fabio Barone – The Liquidity Network
    in Adoption No comments Paper and electronic quids July 28 2009 Posted in Adoption No comments Simulation starts to simulate July 28 2009 Posted in Development Simulation No comments Kilkenny and the Quid Fertile grounds July 10 2009 Posted in Adoption No comments The usual story of a debt free national currency July 7 2009 Posted in Case study Debt free money No comments Simulation progressing June 5 2009 Posted in Simulation No comments Uruguay to launch new liquidity system June 2 2009 Posted in Business networks No comments Progress May 25 2009 Posted in Development Simulation No comments Simulation March 12 2009 Posted in Simulation No comments Welcome March 12 2009 Posted in Uncategorized No comments Subscribe About The Liquidity Network The aim of the Liquidity Network is to address the current liquidity problem the slow down in economic activity triggered by the credit crunch Currently virtually all economic activity is powered by debt based credit individuals and businesses borrow in order to finance their activities Using the credit released by these loans they more Archives March 2013 April 2012 March 2012 February 2012 January 2010 November 2009 September 2009 July 2009 June 2009 May 2009 March 2009 Tags

    Original URL path: http://theliquiditynetwork.org/index.php/author/fabio/ (2016-02-16)
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  • Paper and electronic quids – The Liquidity Network
    Council and the Kilkenny public the wish for the introduction of a paper version of the quids has been postulated The main driver for this being an increased identification and acceptance through tangible units as well as broader integration of potential members with no interest or reluctance to adopt electronic devices The project team has taken up this new proposal very seriously as it recognizes the validity of its advantages Several issues need to be addressed like the costs of production introduction and distribution removal forgery as well as coexistence issues with the electronic version of the quids There is an interesting discussion thread at the feasta website which deals with this subject You can follow it here Posted in Adoption Tagged with electronic money Kilkenny Paper bills quids No comments By Fabio Barone July 28 2009 0 Responses Stay in touch with the conversation subscribe to the RSS feed for comments on this post You must be logged in to post a comment Simulation starts to simulate Work with Kilkenny proceeding Subscribe About The Liquidity Network The aim of the Liquidity Network is to address the current liquidity problem the slow down in economic activity triggered by the credit

    Original URL path: http://theliquiditynetwork.org/index.php/2009/07/28/paper-and-electronic-quids/ (2016-02-16)
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  • electronic money – The Liquidity Network
    Network The aim of the Liquidity Network is to address the current liquidity problem the slow down in economic activity triggered by the credit crunch Currently virtually all economic activity is powered by debt based credit individuals and businesses borrow in order to finance their activities Using the credit released by these loans they more Archives March 2013 April 2012 March 2012 February 2012 January 2010 November 2009 September 2009

    Original URL path: http://theliquiditynetwork.org/index.php/tag/electronic-money/ (2016-02-16)
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  • Paper bills – The Liquidity Network
    Network The aim of the Liquidity Network is to address the current liquidity problem the slow down in economic activity triggered by the credit crunch Currently virtually all economic activity is powered by debt based credit individuals and businesses borrow in order to finance their activities Using the credit released by these loans they more Archives March 2013 April 2012 March 2012 February 2012 January 2010 November 2009 September 2009

    Original URL path: http://theliquiditynetwork.org/index.php/tag/paper-bills/ (2016-02-16)
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  • quids – The Liquidity Network
    The aim of the Liquidity Network is to address the current liquidity problem the slow down in economic activity triggered by the credit crunch Currently virtually all economic activity is powered by debt based credit individuals and businesses borrow in order to finance their activities Using the credit released by these loans they more Archives March 2013 April 2012 March 2012 February 2012 January 2010 November 2009 September 2009 July

    Original URL path: http://theliquiditynetwork.org/index.php/tag/quids/ (2016-02-16)
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  • The Liquidity Network - developing a complementary currency for Ireland
    let the government finance its enterprises without getting into debt The bankers did everything to stop further issues to introduce the system of interest bearing loans to the government and to withdraw from the island the State money that had been paid out into circulation There was some resistance but the bankers won their point with their usual methods and on October 9 1836 the States of Guernsey had abdicated their sovereign prerogative over the control of the volume of money From then on the amount of the national currency decreased gradually and was replaced by money issued by private bankers in the form of loans getting the island into debt Nevertheless there is still about 40 000 pounds sterling 200 000 of national currency outstanding at this date in the island According to Gertrude M Coogan in Money Creators published in 1935 Posted in Case study Debt free money Tagged with Case study debt free Guernsey self issued No comments By Fabio Barone July 7 2009 Simulation progressing Thanks to Stephen Butler joining the project the simulation work now is taking shape We code in the Python programming language Stephen has done some work in investigating tools for the improvement of code quality Thanks to these efforts we are setting up virtual environments for the simulation this makes it easy to replicate development on any machine and reduces dependency complexity and management We use the virtualenv tool for this Also we are setting up testing infrastructure In fact we aim at a high coverage of tests for the functions the code is supposed to do Of course for anyone in software development that means improvement of code stability and quality while facilitating integration especially when multiple programmers work together and like here not co located We think we ll use nose as a python tool for continuous automated testing As a next step we ll implement some first core objects As we favor agile development we strive to include the user in shaping those core objects For now members of the non technical stream of the project will take the role of the user We are quite excited as things now move on Posted in Simulation Tagged with Simulation No comments By Fabio Barone June 5 2009 Uruguay to launch new liquidity system Quoting from Tao of Money INFORMATION EXTRACTED FROM ARTICLES PUBLISHED IN URUGUAY APRIL 2009 The Executive Power prepares details for a new system of payment which will be adopted to stimulate micro and small businesses In two months the government will release a new way of payment a transaction network which will allow micro and small business to interact among themselves through a new alternative currency and at the same time to face their obligations with the State This was announced recently by the Minister of Work Eduardo Bonomi during his participation in the talk International Crisis and Uruguay 2009 organized by Montevideo City Council Minister Bonomi said that the development of this new system is the result of working together with the Ministries of Work Economy Industry and Energy and with other governmental organisms as well as state banks and state insurances and city councils of Montevideo and Canelones Moreover state companies will take part in this new system as well This new network of transactions will allow small and medium businesses access to credit through an alternative currency but it will be exchangeable throughout the whole country where they will be able to pay for petrol taxes and it will be redeemable into money he confirmed Nevertheless he made it clear that this project is about giving support to the production and it s not a credit for consuming Next week I ll have a talk with the Meyer of San Jose neighbour city so that he enters the whole metropolitan area to the system The idea is that city council providers can also trade through this currency said Bonomi In a first stage this system would include just micro small and medium businesses but in the future it could also absorb privates to the network This initiative counts with the support of the ILO IADB Inter American Development Bank and the General Inter American Secretary This project aroused a lot of interest among the region countries such as Argentina Bolivia Ecuador and Venezuela which means that in the future inter regional transactions may be possible Mechanism All over the world similar systems already exist In this case the different element is that the administrator will be the State It works as a network of payments through electronic debits and credits To join the system the companies must request approval of the State Bank From there on the company will be assigned an account in the system This company will be able to order the payment from its account to be credited in favour of a state organism or a private member of the network Accounts will be balanced periodically and participants advised of their trading position This amount will be redeemable into national currency or used to pay for petrol or taxes Bonomi said that this idea was presented to the National Association of Micro and Small business and to the Uruguayan Confederation of Cooperative Entities and other cooperatives arousing great interest among them Implementation The development of the network doesn t create any costs for the country since it was originated in cooperation with the STRO Foundation from Holland which supplies the network model known as C3 Consume and commerce circuit The name for the virtual money circulating through this payment scheme is called internal liquidity although the technicians working on its development adopted a more native denomination charrua name of the Indians that inhibited Uruguay before the colonisation and who were completely exterminated therefore it is ironic that the Uruguayans are called like that even nowadays and more that this name it s used as a icon of local identity However in Uruguay STRO chose a new approach which might also

    Original URL path: http://theliquiditynetwork.org/index.php/page/2/ (2016-02-16)
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