3. Blockchain & Tokenization

Blockchain and Tokenization

The Income Layer infrastructure core is built primarily on blockchain technology, which provides the necessary foundation for transparency, security, and decentralized governance that is lacking in traditional financial landscapes. Blockchain enables the creation of a financial ecosystem where every transaction is traceable and immutable, as well as both trustless and permissionless, making it an ideal solution for distributing Universal Basic Income on a global scale with no hinderance of a centralized decision model or economic directive.

Immutability and Transparency

One of the core features of blockchain is its immutability. All transactions, once confirmed, are permanently recorded on the blockchain and cannot be altered or deleted. This guarantees transparency, ensuring that all financial operations, from UBI distribution to liquidity pool management, are publicly verifiable.

Decentralization

The decentralized nature of the blockchain means that no single entity has control over the system. Governance is shared among participants, making the system resistant to censorship, manipulation, or centralization risks. This decentralization extends to decision-making, where stakeholders can vote on important protocol upgrades or changes to economic policies.

Smart Contracts

The platform relies on smart contracts to automate financial processes, reducing the need for intermediaries and minimizing human error. These smart contracts govern UBI distribution, token trading, liquidity pool contributions, and governance decisions. They ensure the trustless execution of all functions, following predefined rules encoded within the blockchain.

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