Prosperism: Decentralized Zero-Loss Ecosystem

AlgoShare
3 min readDec 24, 2017

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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.

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.

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ecosystem only allows the loaned amount to be used for Zero-Loss trading, and does not allow the loaned capital to be withdrawn, it is 100% secured and default-proof.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

With an estimated yearly $14 60 Trillion to scrape, as against $175 Billion per year needed to eradicate extreme poverty, Prosperism’s Zero-Loss Ecosystem at full potential can generate an estimated 8 times the minimum required to kill extreme poverty.

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.

References:

  1. Shock & Awe
  2. Prosperism: Blockchaining To Prosperity
  3. Decentralized Algo-Sharing Infrastructure For Zero-Loss Algorithmic Trading

About AlgoShare

AlgoShare is a massively disruptive patent-pending technology platform that democratizes the $14 60 Trillion Algorithmic Trading industry bringing algorithmic trading profitability to common man by sharing the winning algorithms and spreading the wealth among the most impoverished. More details at www.algoshare.net.

About Prosperism

Prosperism is a decentralized zero-loss ecosystem for democratizing the generation and spreading of wealth based on incentivized and equitable sharing of assets between peers according to their haves or needs, without taxing the economy. www.prosperism.net

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