We are writing an easy-to-implement (xml based) protocol to define a new virtual currency called IBU.

IBU is the spanish acronim for Ingreso Basico Universal (Universal Basic Income) and it is easy to say in all languages.

The IBU is created as 1000 IBUs/month per physical person.

It matches (aproximately) with world monthly percapita GDP measured in euros or US dollars.

In this way, the value of an IBU is not a speculative matter: It is the same as euro or dollar, and products or services mantain their prices in IBUs during “transition phase” we are in…

Thanks.

At today the protocol specs are open at http://sindeuda.org or http://ibu1000.net documents, but as soon as possible we will launch an open and free software for create new nodes.

You can play IBUs creating your own account in these “test” sites.