The Digital Currency Empowerment Network (DIGICEN.ORG) works to advocate for Digital Economic Inclusion through Universal Basic Income (UBI), Guaranteed Income, CBDCs, Internet Access, and Democracy Tech.
DIGICEN defines Digital Economic Inclusion as ensuring everyone has access to the variety of tools necessary to participate in the economy and society, while encouraging democratic participation and social entrepreneurship. The necessary tools include: a foundational income floor, such as a Universal Basic Income, access to Internet-enabled Devices and Apps (Universal Access), and access to Democracy Technology, such as Voting Helper Apps.
A Basic Income is a periodic cash payment unconditionally delivered to all on an individual basis, without means-test or work requirement. Here are the 5 Characteristics of Basic Income:
Universal Basic Income provides an income floor for all, above the poverty line.
Central Bank Digital Currencies (CBDCs) are types of digital money that is issued by a central bank. Several CBDCs are using a technology called blockchain, whereas the CBDC that DIGICEN advocates for are not cryptocurrencies and do not use blockchain, instead they are centrally controlled. A CBDC complements the use of cash and bank deposits rather than replacing them. Safe money accounts at the central banks will be a strong instrument of financial inclusion with the convenience of a smartphone app. While DIGICEN advocates for CBDCs that do not use cryptocurrencies or blockchains, DIGICEN advocates against the use of cryptocurrencies for a variety of reasons, under the guise of market and technological disruption: 1. They are a gambling-like risk. 2. They resemble elements of cults and religions. 3. They increase wealth inequality. 4. They have a history of encouraging violence and artificial scarcity. 5. They corrode existing institutions and erode trust in existing institutions by attempting to replace them entirely. 6. They encourage illegal activity. Read more here.
The Digital Currency Empowerment Network (DIGICEN.ORG) works to encourage the new development of Democracy Technology, to encourage participation in modern democracy. Have a look at the websites and apps on 'Democracy Tech' here.