Mesfin Zaid

Co-Founder & CFO at Earth Dollar - Zug, Canton of Zug, Switzerland

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Location
San Francisco,California,United States
Company
Earth Dollar
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Earth Dollar

Zug, Canton of Zug, Switzerland • 3 Employees
Financial Services

The Earth Dollar will be the world's largest asset-backed carbon-negative community currency that powers the world's fastest decentralized supercomputer (blockchain). Primary Utility:The Earth Dollar can be used as digital-fuel to purchase unlimited decentralized CPU Power, GPU Power and storage space (decentralized cloud) to run Dapps, smart contracts, find cures for cancer, real-time gaming, search for life in space, communications, IoT, and more.Secondary Utility:The Earth Dollar can be used as digital-fuel to cross-chain transactions on the Mother Earth Supercomputer which contains Bitcoin Nodes, Ethereum Nodes, DodgeCoin Nodes, etc. Members do not have to leave the Earth Dollar Ecosystem to do Bitcoin, Ethereum, DodgeCoin transactions etc. Third Utility: The Earth Dollar powers an alternative economic system called the Living Economic System that generates wealth prosperity and abundance by protecting, restoring and revitalizing the Earth, as well as monetizing natural capital assets and traditional assets. This shifts our global economy from generating wealth by extraction to restoring the Earth.The Living Economic System is created by modelling the World Bank's Natural Capital Accounting System ("NCAS") on the blockchain, which can strengthen existing economies, while tracking the progress of the SDGs and Natural Capital AssetsThe Earth Dollar is anticipated to be the largest deployment of natural capital assets on the blockchain, with the goal of helping achieve the Enhanced Sustainable Development Goals.Adopting a new economic model that values and rewards sustainability could reverse and repair the disastrous effects of environmental destruction caused by an extraction economy.

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