Summary
The following provides a summary of the primary features of the WIR Economic Model and the Alpha Economic Model.
The WIR Economic Model consists of the WIR Bank and the WIR Market and was launched in Switzerland in 1934.
WIR Bank
● enables account holders to record dual currency transactions using two types of currencies, Swiss Franks and WIR Franks.
● extends LOW Interest Credit
WIR Market
● enables subscribers to create searchable listings with payment accepted in Swiss Franks and Swiss WIR to pay for purchases.
The Alpha Economic Model consists of Alpha ePay and the Alpha eMarket and is forecast to be launched in Australia in June 2024.
Alpha ePay
● enables account holders to record quadrural currency transactions using four types of currencies, Fiat, Alpha gold dollars, Alpha reward dollars and Alpha silver dollars.
● incorporates the Alpha Customer Loyalty Reward and Interest Free Finance Program. ("Alpha Program")
● extends NO Interest Credit
Alpha eMarket
● enables subscribers to create searchable "Payment Methods Accepted" listings where Fiat - Based methods such as Amex, Visa, Mastercard, and Afterpay etc., and or Crypto-Based methods such as Bitcoin, Bitcoin Cash and Ethereum etc., and or Alternative Currency-Based methods such as Alpha ePay, Bartercard and Qoin etc. are used to pay for purchases.
● enables businesses to create searchable "Payment Methods Rewarded" listings promoting the percentage of Alpha silver dollars offered when Fiat-Based methods and Crypto-Based methods such as Bitcoin, Bitcoin Cash and Ethereum etc. are used to pay for purchases. Businesses can raise or lower the percentage offered as a reward to incentivise purchases in certain timeframes of the day, week or month to generate more customers in slow periods and lower the percentage for busy periods.
● enables subscribers to create "Payment Methods Offered" listings promoting their needs and how they would like to pay for their required purchases.
● enables subscribers to create auction listings displaying the alternative currency/s they will accept for their offerings.