Cool new decentralized financial system (not a cryptocurrency)
Just wanted to share a very good idea from one of my friends.
GEO - Economics of interchange. It is an alternative decentralized financial system, based on a relationship of trust between people.
Their fresh video —
Project is only in development, but it is very promising.
Similar project : https://classic.ripplepay.com/
Yes, this project was like inspired by Ripple, but improved the main idea to the higher level in understanding and user experience (I tested their app).
I tested too. Unfortunately, there isn't possibility to create trust lines at the moment:
" New trust line
К сожалению, эта функция сейчас недоступна в связи с перегруженностью сервера.
Как только будет завершена работа над новой системой взаимодействия, мы сразу же сообщим о нововведениях.
Спасибо за терпение и поддержку."
What was your experience?
Should be some temporary problems. Some time ago I have created few trust lines and made 1 payment.
OK, I'll try later.
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