SocialPolis

SPL Coin will be an enabler for the sustainable development economy and will satisfy the need for alternative methods in financing innovative projects, offering, at the same time, trust and transparency in sectors where these elements are of highest priority.

SPL Coin initiative is related with the United Nations Sustainable Development Goals (SDGs) which constitute a framework within which people, businesses, NGOs and governments can collaborate and implement solutions.SocialPolis mission is to embrace Blockchain technology and cryptocurrencies to disrupt the Social Economy and provide a financial instrument, the SPL Coin, that will be able to offer the benefits of trusted and secure transactions with digital currency.
Goods will be distributed through local stores or companies that will accept to participate in the SocialPolis ecosystem. The final beneficiary who will have the funds available in his/her electronic wallet may exchange coupons with any goods or services available of the same value, triggering a debit/credit transaction through the printed tagged coupon. Coupons will be circulated by merchants to pay back donors or other providers participating in the aid program. Any transaction will be VAT free. Therefore, merchants will have a strong interest to participate in this effort accepting SPL Coins. Donors will also have strong interest to accept such method of distribution as its handling cost will be minimum and there is full traceability within the whole logistics circle. It should be noted that this area of application targets vulnerable groups of citizens or refugees in numbers that may vary based on external factors. As the financial crisis is expected to minimize the citizens accepting forms of aids to survive, the system shall be able to link with other application areas in order not to disturb the whole SPL Coin ecosystem from demand/offer fluctuations, and, therefore, this sector shall be expanded internationally with flexibility.