SDG COIN

2nd Generation Cryptocurrency And
Digital Asset Management Supporting
The Sustainable Development Goals

1 Trillion SDG Coins
1SDG = 1USD
1Micro-SDG = 0.01 Cent
1Nano-SDG = 0.000001 Cent

Send SDGs with secure P2P transfers
Use Nano-SDGs for IoT Micropayments
Create and manage digital assets
on the most secure blockchain in the world

SDG COIN

The biggest challenge humanity faces today is how to achieve a minimal level of prosperity and well-being while protecting the planet at the same time. As a plan for overcoming this challenge, 17 Sustainable Development Goals have been created by the United Nations and global leaders in Acedemia, Business and Science.

The plan however comes with a price, and the UN Conference on Trade and Development (UNCTAD) finance forecast for the global sustainable development goals is $2.5 trillion a year over the next 15 years.

SDG-Coin

SDGcoin is the 2nd generation cryptocurrency created to support Universal achievement of the Sustainable Development Goals by directly supporting SDG stakeholders and contributing to the annual $2.5 trillion financing requirement on a per-transaction basis.

The SDGcoin digital currency leverages the unbeatable security and hashrate qualities of the bitcoin blockchain while overcoming its weaknesses of bitcoin currency volatility and restricted volume and through combining integrated use of traditional currencies and base-rate forex.

Stable Currency

SDGcoin converts cash into digital currency, to peg the value to the price of national currencies like the US dollar, the Euro, the English Pound and the Yen.

100% Backed

Every SDGcoin is always backed 1-to-1 by traditional currency held in our reserves. Thus 1 SDG (SDGcoin) is always equivalent to 1 USD.

Blockchain Technology

SDGcoin leverages the bitcoin blockchain, by far the most secure, robust and immutable open ledger in the world.

Transparent

Our reserve holdings are published daily and subject to frequent professional audits. All SDGs in circulation always match our reserves.

Global Availability

SDGcoin is being integrated as a digital-to- fiat currency in multiple exchanges worldwide, enabling you to easily buy, sell, and use SDGs.

Security

SDGcoin’s blockchain technology delivers world-class security while meeting international compliance standards and regulations.

SDG Engine

SDGcoin Engine

The SDGcoin engine facilitates fast and reliable issuance and management of the SDGcoin currency and of digital assets generally, on top of the Bitcoin blockchain, by far the most secure and most tested high volume blockchain in the world.

Secure P2P transfer capabilities are enabled through the use of automated fractional bitcoin micropayments that confirm the creation and transaction of digital assets, including SDGcoin, on the Bitcoin Blockchain.   This is done without the need to deal in any way with the Bitcoin itself, with all its associated difficulties.. There is no need for users to buy, send, or hold bitcoin or even know it exists.

Finally the SDGcoin engine supports sending digital assets including SDGcoin to phone numbers instead of cryptocurrency addresses, providing users with a more intuitive experience.

SDG Currency & App

SDGcoin Currency & App

The SDG global community incorporates an invisible economy that, if engaged appropriately, can be harnessed and powered by members of the community for the benefit of the community and the world. To do this, community members must agree on certain rules and guidelines for fair trade to generate and expend community purchasing power. It all comes down to trust!

SDG-Coin

When using and trading a US Dollar bill, you put trust in the US government and the Federal Reserve (as a central authority) to issue, handle, protect and redeem these Dollars.

The blockchain provides a new way to generate local economy ecosystems and a community currency that brings a new degree of transparency and which doesn’t require a high level of trust on a certain entity to issue, distribute and manage the currency.

The P2P nature and the security capabilities of SDGcoin allow for fast trading between community members on a public ledger – a decentralized system that cannot be manipulated by any entity.   Transactions are highly secured and validated through the sophisticated blockchain mining mechanism, eliminating fraud and double spending.

In this way SDGcoin operates as a decentralized and open environment that enables easy connection and the ability to join and support the growing global SDG community and SDG projects.

appassret

SDGcoin will soon be available on multiple digital wallets and account services. The first available SDGcoin wallet is a personal cryptocurrency wallet, not an account service.

This first SDGcoin wallet allows you to secure your personal funds with multiple signatures, or just one, taking security into your own hands.

To send currency, the multi-signature group approves each transaction. In this way shared funds can be managed with friends and coworkers and a wallet can be shared with your child in a simple and secure way that introduces them to SDGcoin.

Digital Assets

DIGITAL ASSETS

SDGcoin uses the Blockchain-based protocol of the coloring of a fraction of an SDGcoin to enable creation of digital assets that inherit the positive bitcoin characteristics of: (1) P2P transferable; (2) public & immutable; (3) secured & decentralized, while avoiding its weaknesses.

Anyone can create an asset, define it and set a value to it, and an asset can represent a tangible product as well as a digital item. For example, an asset can be a share of a company (digital) or represent, as a proof of ownership, a gold bar that is claimed by a certain individual.

The value of digital assets is tied to a real-world promise by the asset issuer who is willing to redeem this asset for something of value in the real world.

While the Blockchain was originally designed as the backbone of a digital currency, developers soon realized the Blockchain could also be used for other purposes, in particular, as a backbone for the issuance and transference of digital assets.

The open source software that powers the Blockchain also supports a limited scripting language that can be used to store (small amounts of) free data on the Blockchain by adding tiny fractions of SDGcoin transactions to it.

There are several key advantages to using the Bitcoin Blockchain as the backbone to the SDGcoin platform.

Firstly, we inherit the underlying Blockchain’s security features as a data store. Asset management instructions automatically enjoy the transparency, data integrity and immutability that are the hallmarks of the Blockchain security model.

Secondly, since it is the infrastructure of a digital currency, Blockchain based digital assets are inherently transferable, just like the underlying SDGcoins.

Thus, digital asset management on top of the Blockchain allows us to issue, transfer and trade digital tokens with unprecedented security and ease. Our Bockchain protocol, running on top of the Blockchain, is the most advanced tool for issuance and exchange of digital assets in existence today.

Any digital asset imaginable can be issued this way with the SDGcoin platform. Digital assets can have an arbitrary number of units, any desired divisibility and metadata listing with the asset’s name, description, issuer as well as any other unlimited amount of data that is stored in a decetralized way.

Digital Assets Use Cases

UseCase-Owner

OWNERSHIP

SDGcoin enabled Digital Assets are a powerful means for proving ownership and can be applied to the Ticketing and Coupons markets.  The major technological benefits for issuing and managing tickets and Coupons are:

P2P – Assets traded directly among consumers but can also be traded in a market place.

No double spending – Transactions are validated on the blockchain, eliminating fraud risks.

Track & Charge – The Issuer can track tickets and coupons on the secondary market and is able to charge additional fees for each transaction. For example, tickets and coupons can change hands 10 x, and the issuer can charge fees for each transfer even if they are made outside of the ticketing or coupon platform.

Ticketing

The SDGcoin Blockchain technology revolutionizes the way events are planned and how tickets are issued and sold in secondary markets. It enables event planners and artists to easily issue digital tickets that can be bought, traded via P2P and be securely authenticated at the event.

Event and ticketing companies can easily control ticket flow, directly enjoy secondary market benefits and still maintain cost effectiveness for the end consumer as it cuts out third parties that charge high fees.

Every business can create a new ticketing ecosystem with SDGcoin and allow affiliates and business partners to easily integrate with and participate in the global ticketing market.

Coupons

The coupon industry is popular worldwide. While it began with offline coupons available through magazines and newspapers, and was used mainly by the elderly, it has evolved with online coupons which have attracted a younger generation.

Both offline and online coupon markets suffer from fraudulent double spending issues that affect both consumers and businesses. Additionally, while online coupons have significant exposure, once they are acquired by a consumer, they cannot be easily transferred by the user nor have their characteristics changed by the issuer.

The SDGcoin Blockchain platform revolutionizes the way coupons are bought, transferred, exercised and sold in the secondary market. It enables anyone to safely issue digital coupons, vouchers or gifts that cannot be double spent or emulated. Once a coupon is issued and directly transferred to the buyer’s mobile phone, it’s transferable via P2P by the consumer while the issuer (business) can track each coupon (and charge fees for each transfer) until it is exercised at the vendor’s place.

Additionally the coupon issuing business can change the coupon characteristics even after it has been issued and sold, by for example, extending the coupon expiry date or coupon percentage of discount.

Using the SDGcoin Blockchain platform, any business can create a new ecosystem, allowing affiliates and business partners to easily integrate with and participate in the global coupon market.

Usecase-Financial

FINANCIAL ASSETS

SDGcoin enabled Digital Assets can be applied to secure Financial Assets and the main technological benefits are:

 

P2P – Assets move directly between entities/investors without passing through third parties.

Clearing & settlement – Instant and simultaneous transfer of currency and assets.

Atomic transaction – Allows for simultaneous transactions of multiple transactions of various assets.

Public ledger – All transactions are recorded and validated on the blockchain, providing audit ability, governance and proof of ownership

Highly secured – Transactions are validated through a sophisticated mechanism called mining, eliminating fraud and double spending (no single point of attack)

Multi signature – Allows additional security and regulation layers

Single cross-border system – Enables people to transact with digital assets in a single global distributed ledger.

Smart contracts – Enables automatic execution of contracts.

Tailor made features – Shapes and limits assets according to issuers’ will, time and geographic limitations. Requires KYC approval and AML checks.

Securities

Today’s existing share transfer mechanism involves various parties that are required to be constantly synchronized and share dynamic information . This results in a requirement for multiple databases which come high operational and maintenance costs.

The SDGcoin Blockchain platform empowers you to issue and transfer securities such as shares, bonds, ETF’s, etc, across various entities and investors worldwide in one decentralized system without dealing with complex integrations or depending on third parties.

As a decentralized P2P network, SDGcoin platform creates a global ecosystem for transferring, settling and recording financial assets in a single flexible, transparent and cost effective environment.

Usecase-Record

RECORDS

The SDGcoin Blockchain platform addresses two different classes of problems that currently plague the music copyright industry. These are Data Openness and Standardization  and  Copyright Ownership and Transfer .

Music Rights

Data Openness and Standardization: – Creating a free, open and secure database of standardized music copyrights.

  • Legal ownership of a piece of music will be immutably burned into the blockchain database, easily verifiable and indisputable
  • Applications for parsing and analyzing this freely available music metadata will alleviate much of the headache currently involved in figuring who owns a piece of music
  • Artists can directly see their revenue stream and facilitate direct contact with their fanbase

Copyright Ownership and Transfer: – Music copyright as an easily issuable and tradeable digital asset on the SDGcoin blockchain.

  • Legal ownership of a piece of music will be immutably burned into the SDGcoin blockchain database, ensuring it is easily verifiable and indisputable.
  • Applications for parsing and analyzing the freely available music metadata will alleviate much of the headache currently involved in figuring out who owns a piece of music.
  • Artists can directly see their revenue stream and facilitate direct contact with their fanbase
  • Smart contracts, already baked into the SDGcoin blockchain by design, will allow automatic and instantaneous payments to all relevant parties. They can also expire a copyright after a predesignated amount of time.
  • Transferring and trading music copyrights will become as easy as sending an email and will be available as a mobile app, enabling a secondary market of music rights to flourish.
  • Artists will be able to “own” their copyrights and even trade it.
  • In this way the SDGcoin blockchain platform will facilitate new business models for artist and new monetization strategies for all parties that will solve problems in the currently fragmented music industry.

Car I.D

Today, car’s data and records are written on a small notebook shoved deep in the glove compartment. Sometimes you (or your mechanic) bothers to update and sign it, but it rarely stays up to date.The car manufacturer (or agency) doesn’t know the condition of the car or who is the existing owner.

By using a decentralized ledger, all manufacturers and authorized service providers can write and sign any repair or status update to the ledger, eliminating all paper trails with an easy integration that is free, accessible and not owned by a single entity.

All relevant data is recorded in one single place to allow easy access to all relevant industry participants (including governmental authorities).

Manufactures can monetize the live information they receive about their customers and offer them suggestion based on the car history (engine replacment, gear repair, trade-in and more). The smart car ID can make insurance settlements easier for the customers and the insurance companies, providing some valuable info. When the car is sold, the digital car I.D. is transferred to the new buyer, providing proof of ownership (and acceptance of car mechanic status).

Blockchain Technology

SDGcoin Blockchain

Blockchain Technology The technology behind Bitcoin is called “Blockchain” and it introduced for the first time the ability to transfer value digitally over the internet with no intermediary. The Colu platform uses the Bitcoin blockchain but is designed to be Blockchain agnostic and even connect to multiple blockchains.

The Bitcoin blockchain is a public ledger that records and validates every single transaction made in Bitcoin worldwide. What makes this network so unique and secured is that all transactions are authorized and backed by thousands of computers (called miners), achieving consensus on each transaction. No one owns it (decentralized) thereby there’s no single point of attack. It currently powers the world’s most successful crypto-currency and is the most secure and adopted protocol for a blockchain in the market.

Despite its openness, the Blockchain is highly tamper resistant. Attempting to manipulate the state of the ledger requires harnessing enough computational resources to overwhelm the rest of the network. Changing a historical block becomes exponentially harder the deeper it is in the chain. The economic incentive set forward by the block reward creates a feedback loop that tends to increase security by encouraging users to spend more computational power into the competition to find new blocks.

This decentralized security model, based on trustless consensus and full data redundancy, removes the single point of failure common to traditional centralized databases and makes the Blockchain robust and censorship resistant.

The term “Blockchain” usually refers to the Bitcoin Blockchain, although there are many other Blockchains based on various tweaks to the original Bitcoin open source code. Still, being the forerunner and most widely used cryptocurrency, Bitcoin’s Blockchain is currently the most secure Blockchain by far.

In contrast to this trust-less and decentralized “Public Blockchain”, one can consider “Private Blockchains” where only a small number of trusted parties are allowed to participate. Private Blockchains leverage the ability to keep a shared database in sync (and enjoy other features like the inherent cryptographically based permissions and audit trail) even in environments with some levels of trust.

The SDGs

THE SDG's

At the United Nations Sustainable Development Summit on 25 September 2015, world leaders adopted the 2030 Agenda for Sustainable Development.

 

This agenda includes a set of 17 Sustainable Development Goals (SDGs) to end poverty, fight inequality and injustice, and tackle climate change by 2030.

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POVERTY

End poverty in all its forms everywhere
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HUNGER

End hunger, achieve food security and improved nutrition and promote sustainable agriculture
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HEALTH

Ensure healthy lives and promote well-being for all at all ages
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EDUCATION

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
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WOMEN

Achieve gender equality and empower all women and girls
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WATER

Ensure availability and sustainable management of water and sanitation for all
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ENERGY

Ensure access to affordable, reliable, sustainable and modern energy for all
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GROWTH

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
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INFASTRUCTURE

Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
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INEQUALITY

Reduce inequality within and among countries
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SUSTAINABLE CITIES

Make cities and human settlements inclusive, safe, resilient and sustainable
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SUSTAINABLE CONSUMPTION

Ensure sustainable consumption and production patterns
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CLIMATE CHANGE

Take urgent action to combat climate change and its impacts
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OCEANS

Conserve and sustainably use the oceans, seas and marine resources for sustainable development
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BIODIVERSITY

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
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JUSTICE

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
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PARTNERSHIPS

Strengthen the means of implementation and revitalize the global partnership for sustainable development

THE SDG's

Summing up the opportunity for all Humanity to collectively create a better future Helen Clark, UNDP Administrator, said:

 

“World leaders have an unprecedented opportunity this year to shift the world onto a path of inclusive, sustainable and resilient development” .