Mile Unity Foundation
Description
MUF is following the technology for free, fast and secure payments, aimed to empower cross-border trade between developing countries and countries with the limited access to the international trade. The system built on the blockchain Mile with the stablecoin XDR, which is used for implementation of cross-border trade and international payments.
XDR is a tool for free and equal access to the cross-border trading, investments and money remittance. The system is decentralized on 10 000 nodes over the worlds owned by different people and organisations; the system process around 10 000 transactions per second; there is no commission to process the payment within the network. Here are some technical characteristics of the system: transparent emission; new consensus algorithm – sdBFT; no mining, but minting (any PC with 4Tb HDD can be a node). <br />
Blockchain is already working, all transactions and information about wallets could be seen in blockchain explorer. iOS and Adnroid wallets are available for download in Google Play and Apple Store.<br />
Here is the business process overview to process FDI attraction:<br />
- Each county can establish a FDI Operator, which is locally regulated. <br />
- Each project can apply for the listing at the FDI to raise funds (debt/equity). <br />
- Every project is publishing the online offer, a digital contract with investors, describing the Investments timeframe and volume, Rights and liabilities of every party, PNL.<br />
- All projects are evaluated by the experts’ community via the multiple KPIs and math modelling.<br />
- All project are finalizing the online offering (legal e-contract) to the investors, then it’s being listed at the FDI Operators’ market.<br />
- Investors can put any fiat or digital asset, FDI Operator is converting them with market discounts to the stable basket of currencies following the IMF SDR index (XDR).<br />
- All funds converted in XDR automatically to secure from the volatility and to acknowledge the investors’ wallets.<br />
- XDR digital unit of account is used to track the expenditures and incomes, automate transparent reporting and perform a cross-border transactions.<br />
The implementation of the project for cross-border trade is already in use. MUF will assist to find the counter transactions at almost the same volume, <br />
and guide with all the legal documentation and technical process in order to start making deals.
The technology has already been presented to the Ministry of Finances if India, Ministry of Economic Development of Brazil, International Chambers of Commerce and Securities and Exchange Commissions of Brazil, Central Bank of Uganda, as well as to the leaders of the Silk Road Chamber of Commerce (SRCIC), China Council for Promotion of International Trade (CCPIT) and G-Global. MUF is an official partner of the BRICS Alliance, Global Silk Road Association (One Belt One Road Initiative), Brazil Trade-Commerce Chamber, Astana’s Office for Investment and Entrepreneurship Development, AstanaHub. Mile Unity Foundation signed a number of partnership agreements governmental and supranational ogranisations, private enterprises. The technology has already found its application in many countries and businesses.<br />
<br />
In 2017 MILE blockchain have been launched in main net, allowing free, fast and secure transactions with stable unit of account tied to IMF SDR and unique consensus.<br />
In 2018 July Mile Unity Foundation have been publicly launched and opened South Korean Embassy in Seoul in September 2018. This month Memorandum of Understanding and Partnership has been signed between MUF and Brazilian Chamber of Industry and Commerce becomes an official MUF partner. Beijing official meeting at the diplomatic center with ambassadors of MUF and Central bank representatives.<br />
In October 2018 the project has been presented to the President of Namibia and Minister of Investments; to Uganda Central Bank and Tax Office authorities.<br />
The same month Diplomatic mission was Turkey with Trading and Industry Chambers, major Universities and Presidents’ Administration. Opening the Silk Road Association, becoming a part of One Belt One Road initiative with 87 countries partnered was done in October 2018.<br />
In November 2018 MUF Diplomatic mission was in Japan <br />
had meetings with shogo shosha leaders and government advisors.<br />
<br />
There are over 1200 users this technology and over 3000 community members all over the world.
MUF is following the tools for building fair economy and providing free and equal access to the cross-border trading, investments and money remittance in developing countries.<br />
To provide it there should be an infrastructure with certain qualities:<br />
- Fast cross-border exchange of goods, commodities, money and other assets;<br />
- Transparency for targeted use of funds and protection of investors;<br />
- Stability and political neutrality;<br />
Therefore, MUF is popularizing open source blockchain technology Mile in order to facilitate attraction of Foreign Direct Investment to the developing countries (1) and empower cross-border trade (2):<br />
(1) FDI attraction<br />
MUF represents modern digital platform for attracting investments to the countries via the global crowdfunding platform. This global p2p digital platform will help to the businesses and enterprises to attract loans and investments to infrastructure projects. This tool for free, fast and secure funds collection allows to attract investors from any country in the world. The main feature of the tool is a stable universal unit of funds collection attached to IMF SDR (Special Drawing Rights) which saves the funds from currency volatility. This p2p digital platform is already created and open for public use. All governments and businesses are able to use this platform free of charge. <br />
(2) Cross-border trade acceleration<br />
4 billion people have limited access to the cross-border trade. About 150 countries have at least one of those issues: sanctions, embargos, trading wars, disconnection from BIS, <br />
SWIFT or SEPA, lack of banking infrastructure or weak financial governance. <br />
It is obvious that there is a need for new tools to accelerate cross-border trade without using traditional means of payment (SWIFT, BIS). MUF is following blockchain technology which has unique feature applicable for cross-border trade, which helps to process fast, free and secure international payments of any amount, avoid conversion between two currencies via USD, and to minimize slow and expensive cross-border transfers of fiat currencies though SWIFT.<br />
Comparatively to the traditional payment instruments, like SWIFT or BIS, which takes around 3-5 to process the payment, double conversion through the USD, up to 5% cost of the SWIFT-proxies, there is a risk of sanctions and embargos; usage of XDR gives an opportunity to process a payment within 20 second, to arrange free trade with any country and avoid currency conversion and third-party censorship.
SDGS & Targets
Goal 8
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
8.1
8.1.1
Annual growth rate of real GDP per capita
8.2
Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors
8.2.1
Annual growth rate of real GDP per employed person
8.3
Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
8.3.1
Proportion of informal employment in total employment, by sector and sex
8.4
Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead
8.4.1
Material footprint, material footprint per capita, and material footprint per GDP
8.4.2
Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP
8.5
8.5.1
Average hourly earnings of female and male employees, by occupation, age and persons with disabilities
8.5.2
Unemployment rate, by sex, age and persons with disabilities
8.6
8.6.1
Proportion of youth (aged 15-24 years) not in education, employment or training
8.7
Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms
8.7.1
Proportion and number of children aged 5‑17 years engaged in child labour, by sex and age
8.8
Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment
8.8.1
Fatal and non-fatal occupational injuries per 100,000 workers, by sex and migrant status
8.8.2
Level of national compliance with labour rights (freedom of association and collective bargaining) based on International Labour Organization (ILO) textual sources and national legislation, by sex and migrant status
8.9
By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products
8.9.1
Tourism direct GDP as a proportion of total GDP and in growth rate
8.10
Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all
8.10.1
(a) Number of commercial bank branches per 100,000 adults and (b) number of automated teller machines (ATMs) per 100,000 adults
8.10.2
Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider
8.a
8.a.1
Aid for Trade commitments and disbursements
8.b
By 2020, develop and operationalize a global strategy for youth employment and implement the Global Jobs Pact of the International Labour Organization
8.b.1
Existence of a developed and operationalized national strategy for youth employment, as a distinct strategy or as part of a national employment strategy
Goal 2
End hunger, achieve food security and improved nutrition and promote sustainable agriculture
2.1
By 2030, end hunger and ensure access by all people, in particular the poor and people in vulnerable situations, including infants, to safe, nutritious and sufficient food all year round
2.1.1
Prevalence of undernourishment
2.1.2
Prevalence of moderate or severe food insecurity in the population, based on the Food Insecurity Experience Scale (FIES)
2.2
By 2030, end all forms of malnutrition, including achieving, by 2025, the internationally agreed targets on stunting and wasting in children under 5 years of age, and address the nutritional needs of adolescent girls, pregnant and lactating women and older persons
2.2.1
Prevalence of stunting (height for age <-2 standard deviation from the median of the World Health Organization (WHO) Child Growth Standards) among children under 5 years of age
2.2.2
Prevalence of malnutrition (weight for height >+2 or <-2 standard deviation from the median of the WHO Child Growth Standards) among children under 5 years of age, by type (wasting and overweight)
2.2.3
Prevalence of anaemia in women aged 15 to 49 years, by pregnancy status (percentage)
2.3
2.3.1
Volume of production per labour unit by classes of farming/pastoral/forestry enterprise size
2.3.2
Average income of small-scale food producers, by sex and indigenous status
2.4
By 2030, ensure sustainable food production systems and implement resilient agricultural practices that increase productivity and production, that help maintain ecosystems, that strengthen capacity for adaptation to climate change, extreme weather, drought, flooding and other disasters and that progressively improve land and soil quality
2.4.1
Proportion of agricultural area under productive and sustainable agriculture
2.5
By 2020, maintain the genetic diversity of seeds, cultivated plants and farmed and domesticated animals and their related wild species, including through soundly managed and diversified seed and plant banks at the national, regional and international levels, and promote access to and fair and equitable sharing of benefits arising from the utilization of genetic resources and associated traditional knowledge, as internationally agreed
2.5.1
Number of (a) plant and (b) animal genetic resources for food and agriculture secured in either medium- or long-term conservation facilities
2.5.2
Proportion of local and transboundary breeds classified as being at risk of extinction
2.a
2.a.1
The agriculture orientation index for government expenditures
2.a.2
Total official flows (official development assistance plus other official flows) to the agriculture sector
2.b
Correct and prevent trade restrictions and distortions in world agricultural markets, including through the parallel elimination of all forms of agricultural export subsidies and all export measures with equivalent effect, in accordance with the mandate of the Doha Development Round
2.b.1
Agricultural export subsidies
2.c
Adopt measures to ensure the proper functioning of food commodity markets and their derivatives and facilitate timely access to market information, including on food reserves, in order to help limit extreme food price volatility
2.c.1
Indicator of food price anomalies
Goal 11
Make cities and human settlements inclusive, safe, resilient and sustainable
11.1
By 2030, ensure access for all to adequate, safe and affordable housing and basic services and upgrade slums
11.1.1
Proportion of urban population living in slums, informal settlements or inadequate housing
11.2
11.2.1
Proportion of population that has convenient access to public transport, by sex, age and persons with disabilities
11.3
11.3.1
Ratio of land consumption rate to population growth rate
11.3.2
Proportion of cities with a direct participation structure of civil society in urban planning and management that operate regularly and democratically
11.4
Strengthen efforts to protect and safeguard the world’s cultural and natural heritage
11.4.1
Total per capita expenditure on the preservation, protection and conservation of all cultural and natural heritage, by source of funding (public, private), type of heritage (cultural, natural) and level of government (national, regional, and local/municipal)
11.5
By 2030, significantly reduce the number of deaths and the number of people affected and substantially decrease the direct economic losses relative to global gross domestic product caused by disasters, including water-related disasters, with a focus on protecting the poor and people in vulnerable situations
11.5.1
Number of deaths, missing persons and directly affected persons attributed to disasters per 100,000 population
11.5.2
Direct economic loss attributed to disasters in relation to global domestic product (GDP)
11.5.3
(a) Damage to critical infrastructure and (b) number of disruptions to basic services, attributed to disasters
11.6
By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management
11.6.1
Proportion of municipal solid waste collected and managed in controlled facilities out of total municipal waste generated, by cities
11.6.2
Annual mean levels of fine particulate matter (e.g. PM2.5 and PM10) in cities (population weighted)
11.7
11.7.1
Average share of the built-up area of cities that is open space for public use for all, by sex, age and persons with disabilities
11.7.2
Proportion of persons victim of non-sexual or sexual harassment, by sex, age, disability status and place of occurrence, in the previous 12 months
11.a
Support positive economic, social and environmental links between urban, peri-urban and rural areas by strengthening national and regional development planning
11.a.1
Number of countries that have national urban policies or regional development plans that (a) respond to population dynamics; (b) ensure balanced territorial development; and (c) increase local fiscal space
11.b
By 2020, substantially increase the number of cities and human settlements adopting and implementing integrated policies and plans towards inclusion, resource efficiency, mitigation and adaptation to climate change, resilience to disasters, and develop and implement, in line with the Sendai Framework for Disaster Risk Reduction 2015-2030, holistic disaster risk management at all levels
11.b.1
Number of countries that adopt and implement national disaster risk reduction strategies in line with the Sendai Framework for Disaster Risk Reduction 2015–2030
11.b.2
Proportion of local governments that adopt and implement local disaster risk reduction strategies in line with national disaster risk reduction strategies
11.c
Support least developed countries, including through financial and technical assistance, in building sustainable and resilient buildings utilizing local materials
Goal 1
End poverty in all its forms everywhere
1.1
By 2030, eradicate extreme poverty for all people everywhere, currently measured as people living on less than $1.25 a day
1.1.1
Proportion of the population living below the international poverty line by sex, age, employment status and geographical location (urban/rural)
1.2
By 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions
1.2.1
Proportion of population living below the national poverty line, by sex and age
1.2.2
Proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions
1.3
Implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable
1.3.1
Proportion of population covered by social protection floors/systems, by sex, distinguishing children, unemployed persons, older persons, persons with disabilities, pregnant women, newborns, work-injury victims and the poor and the vulnerable
1.4
By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology and financial services, including microfinance
1.4.1
Proportion of population living in households with access to basic services
1.4.2
Proportion of total adult population with secure tenure rights to land, (a) with legally recognized documentation, and (b) who perceive their rights to land as secure, by sex and by type of tenure
1.5
By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disasters
1.5.1
Number of deaths, missing persons and directly affected persons attributed to disasters per 100,000 population
1.5.2
Direct economic loss attributed to disasters in relation to global gross domestic product (GDP)
1.5.3
Number of countries that adopt and implement national disaster risk reduction strategies in line with the Sendai Framework for Disaster Risk Reduction 2015-2030
1.5.4
Proportion of local governments that adopt and implement local disaster risk reduction strategies in line with national disaster risk reduction strategies
1.a
Ensure significant mobilization of resources from a variety of sources, including through enhanced development cooperation, in order to provide adequate and predictable means for developing countries, in particular least developed countries, to implement programmes and policies to end poverty in all its dimensions
1.a.1
Total official development assistance grants that focus on poverty reduction as a share of the recipient country’s gross national income
1.a.2
Proportion of total government spending on essential services (education, health and social protection)
1.b
Create sound policy frameworks at the national, regional and international levels, based on pro-poor and gender-sensitive development strategies, to support accelerated investment in poverty eradication actions
1.b.1
Pro-poor public social spending
SDG 14 targets covered
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Contact Information
George Goognin, Board Member