Community Inclusion Currency (CIC) technology seeks to give organizations and communities the ability to issue, use and manage CICs in order to build resilient and connected economies.
* Currently: We are on a public blockchain (Layer 2 side chain)
* Goal: To ensure decentralization, censor proofing and fair gas prices we plan to setup a validation node on this chain and look into possible Humanitarian Blockchains like bloxberg.org.
* A collateral fund of Sarafu tokens equal to 100% of the tokens they want to create.
* These new CIC tokens are created and the converter contract is given the sole ability to create and destroy them based on a bonding curve equation THe converter also holds the collateral (reserve or pool) of Sarafu
* Cloud server - is where we host all of our systems, Platform, Dashboard, future blockchain node.
* Currently: We are using AWS for instances and data storgage along with postgress databases - Transactions are done here first then synced with blockchain
* Goal: Moving toward a webased wallet and cloud storage
* Currently: [Our dashboard](https://dashboard.sarafu.network) uses a D3 javascript we also have an internal dashboard for CIC platform administrators.
* We are pulling data from an internal postgres database on the CIC Mgmt Platform as well as blockchain transaction data from BlockScout
* Currently: We started with a home grown Village Market Simulator and are currently are developing and using a cadCAD based [modeling](https://gitlab.com/grassrootseconomics/cic-modeling) simulation built by BlockScience
* Currently: Mostly word of mouth but Grassroots Economics provides limited signage to users and marketing of products in the network is done by word of mouth, SMS messaging and a phone support team.
* Goal: A web based interface for organizations and communities to share projects, event offers and wants using CICs
* Currently: System admins (GE staff) are able to assist users to reset pins, reverse transactions, create new users. The system is build on React and Flask in Python and uses postgres for data stroage.
* Goal: Stabilization of the platform and synchronization to blockchain, and eventual migration to a webBased wallet system with cloud storage with minimal need.
* Currently: Users connect via USSD through AfricasTalking to connect with their wallet on the CIC Mgmt Platform, private keys are held by Grassroots Economics for these phones
* We currently move Fiat (USD/EUR) on an off the blockchains we use via exchanges such as BitCoinSwiss and local cryptos connected to Banks as well as eMoney
* You can send Mpesa (eMoney) to our lipa na Mpesa account – GE sees that and sends back tokens
* Exchange Rates will be variable based on the CIC → KSH rate (depends on amount of collateral) Spot price: P = R/S (R= reserve S = Supply) but they will also take into account transfer fees.
* Blockchain interaction (once bridged)
* Anyone who can obtain or create any reserve token and send it directly to any CIC converter blockchain contract. They will mint an amount of that CIC based on the bonding curve equation.
* Anyone can also send a CIC to the same contract to liquidate it and pull out the reserve token.
* Goal: Creating a more robust ID system for users with and without sim cards. Possibly adding brightID social ID - like technologies with confidence scoring or 3rd party biometrics
* Currently: These incentive systems are a mixture of manual and CIC Mgmt Platform base, such as initial user air drop, referral bonuses and holding fees.
* Currently: We are using a CIC by the name of Sarafu that is backed by Grassroots Economics' (donor funds). Users get a Sarafu for free and groups will be able to create their own CICs by placing Sarafu as reserve.
