Consolidated Asset Grid (CAG): Difference between revisions
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* 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 | |||
[[Category:Currency]] | [[Category:Currency]] | ||
Revision as of 10:36, 15 April 2025
The Consolidated Asset Grid, known as the CAG, is the global economic ledger for all of Vex. 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 Consolidated Asset Grid (CAG) is a unified, real-time, immutable asset ledger that tracks all capital, income, ownership, and transactions on Vex. It underpins the Recognition Economy by serving as the source of truth for financial existence and legitimacy.
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
