Consolidated Asset Grid (CAG): Difference between revisions
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The Consolidated Asset Grid, | The Consolidated Asset Grid (CAG) is a unified, real-time, immutable asset ledger that tracks all capital, income, and transactions on [[Vex]]. It underpins the [[Recognition Economy]] by serving as the source of truth for financial existence and legitimacy. Established by the [[Corporate Coalition]] at the formal dissolution of [[Nation-state|nation-states]], the CAG oversees issuance, authentication, and reconciliation of the universal currency: the [[CU (Capital Unit)]]. | ||
The CAG is: | |||
* Ubiquitous: every transaction, from micro-purchases to corporate mergers, routes through it | |||
* Transparent: visible rankings and holdings for all citizens and recognized entities | |||
* Immutable: governed by distributed computation beyond the influence of most actors | |||
* Civic: replaces all concepts of state accounting, taxation, or private banking | |||
The CAG does not verify asset holdings outside of liquid CUs. Ownership of non-grid assets—particularly real estate, territorial infrastructure, and legacy capital—is determined through informal consensus, peer acknowledgment, and market behavior. | |||
[[Category:Currency]] | |||
Latest revision as of 17:11, 15 April 2025
The Consolidated Asset Grid (CAG) is a unified, real-time, immutable asset ledger that tracks all capital, income, and transactions on Vex. It underpins the Recognition Economy by serving as the source of truth for financial existence and legitimacy. Established by the Corporate Coalition at the formal dissolution of nation-states, the CAG oversees issuance, authentication, and reconciliation of the universal currency: the CU (Capital Unit).
The CAG is:
- Ubiquitous: every transaction, from micro-purchases to corporate mergers, routes through it
- Transparent: visible rankings and holdings for all citizens and recognized entities
- Immutable: governed by distributed computation beyond the influence of most actors
- Civic: replaces all concepts of state accounting, taxation, or private banking
The CAG does not verify asset holdings outside of liquid CUs. Ownership of non-grid assets—particularly real estate, territorial infrastructure, and legacy capital—is determined through informal consensus, peer acknowledgment, and market behavior.
