The Certified BAID APD Currency: a New Development Model
The BAID Currency is conceived by the International Bank for International Development, the joint CISRI and IEMO financial institution, to fund Development Projects in affiliated Countries as well as to provide economic support to the reinforcement of their legal institutions
The BAID Currencies is a Certified APD scriptural currency issued on the basis of electronic tokenization and distributed in form of scriptural certified currency, following the institutional mandate of the aforesaid intergovernmental bodies, deemed to work for enhancing initiatives, projects and overall development of Member and affiliates States as well as new interested participant states.
From one side the digital emission of every single unit shall guarantee its univocality, security and non duplicability.
It is therefore a form of International Public Subsidy, endowed with:
- Issuance
- Authoritative Certification
- Official Digital Signature
- Official report
- Insertion in public service internet platform
The use of the currency is based on Conversion Agreements negotiated officially with any single interested Government, to allow effective control on the currency inbound and outbound flow directly by the Government itself and according to its effectiveness benchmarks