Prosperism’s definition includes five elements. “Decentralized Zero-Loss Ecosystem” is the first and the most important of them all. This element has two parts: Decentralized and Zero-Loss Ecosystem.
As we all know, decentralization is “the process of distributing or dispersing functions, powers, people or things away from a central location or authority.” We also know the best technology to decentralize a system is blockchain. As obvious from the tagline of Prosperism — “Blockchaining To Prosperity” — Blockchain is the architectural backbone of Prosperism. In fact without blockchain Prosperism would be impossible. More details on its technological aspects will be forthcoming when AlgoShare patent claims are published.
As much as we are familiar with the blockchain technology, “Zero-Loss Ecosystem” is a brand new technological possibility that’s not known to prior art. Prosperism’s enabling technology - AlgoShare creates a socioeconomic environment, which builds a Zero-Loss Ecosystem comprising of the following components:
1. Zero-Loss Trading:
Algosharing of profitable algorithms ensures that algorithmic trades never loose and always remain profitable. A Zero-Loss trade on Prosperism platform is profitable in all circumstances because:
i) AlgoShare trading engine deploys the most profitable algorithm within its profitability life span as estimated by it’s profitability half-life;
ii) If an extreme adverse event disrupts the algorithm’s half-life, the AlgoShare trading engine’s Artificial Intelligence engine kills the algo and stops the trading before it returns any losses.
2. Zero-Loss Financing (ZLF):
In our current socioeconomic system there is no financing that is 100% default-free. ZLF creates a new class of loans that are 100% secured with zero possibility of default. The default possibility is zero because:
i) Firstly, loaned capital cannot be withdrawn or used for any other purpose than algo-trading using the most profitable algoshared algorithm topping the leader-board. Only profits can be withdrawn to the extent that they are over and above the estimated interest on the loan.
ii) Secondly, the leased algorithm is deployed for trading within its estimated profitability half-life, and as an additional safeguard an artificially intelligent stop-loss mechanism protects against any unpredictable losses. Zero-Loss loans therefore are 100% secured.
As a consequence of Zero-Loss Trading and Zero-Loss Financing, Zero-Credit loans become possible, and actually become more profitable for banks than any of their other banking activities!
As a result even homeless can apply and get a Zero-Credit nano/micro loan of say $200, earn enough to propel them beyond their poverty threshold. Because AlgoShare / Prosperism ecosystem only allows the loaned amount to be used for Zero-Loss trading, and does not allow the loaned capital to be withdrawn, it is 100% secured and default-proof.
Win-Win For All
Prosperism’s Zero-Loss Ecosystem creates a win-win situation for all the stakeholders in any socioeconomic system.
With Zero-Credit loans becoming possible the poorest of poor can avail the necessary capital to execute Zero-Loss trades to earn enough to sustain a more humane existence.
As for financial institutions, Zero-Loss financing of the poorest beneficiaries of Prosperism, might very well become their most profitable activity.
Governments win in their quest for reducing the wealth gap and making the world a lot more sustainable and equitable than it ever was.
The rich and the affluent also win because they are not taxed to subsidize entitlements to the impoverished. In fact the poor would not need any major economic subsidies as entitlements.
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