A project by the name of “World Peace Coin Project” is aiming to deliver a helping hand to the problem of poverty faced by millions across the globe.  

This project provides a mechanism for investors worldwide to finance poor people around the world using the virtual currency “World Peace Coin (WPC)”.

The core of this WPC system is programmed using state-of-the-art AI technology called “TSUMUGI”. “TSUMUGI” is an excellent technology that calculates the credit score of the poor people individually.

This credit score is very important.

Although it is expected to save the poor, it is impossible to financially finance those who have no repayment ability. Even among the poor, the main target is “those who are blessed with opportunities despite being clean and correctly living their lives”.

“TSUMUGI” is an AI that makes judgments on such difficult-to-see parts.

The data acquired for analysis is as follows.

1) Personal data such as transactions include sending and receiving using communication terminals such as smart phones, history such as SNS, search history, contact data, social status etc.

2) Algorithm based on statistics obtained by combining multiple areas and residing areas

3) Usage history of donated WPC

4) Repayment history for loans in PoL of WPC

We analyze these data based on our own formula and calculate it as credit score.

Several steps are taken before “TSUMUGI” is completed.

First, a beta version based on the above data is created.

After that, based on the source of the beta version to be released, engineers around the world further develop AIs that have further evolved. Then, by repeating reinforcement learning in such a way that these AIs compete with each other, it is possible to build a stronger AI.

In order to acquire the above data as well, we must first develop infrastructure for using WPC. In this project, 10% of WPC will be distributed first in the form of donation to the target country. This donation will be divided over two years.

Then, WPC can be used as a means of settlement at each store such as a retailer, a service business etc. including affiliated restaurants.

Since virtual currency functions as money, this not only improves the accuracy of data acquisition but also promotes distribution and increases the value of WPC itself, thereby rebounding it as a merit of investors.

This is not the only role of “TSUMUGI”.

It is also a mother wallet to make the new mining system “Proof of Lending (PoL)” which is the key to create the merit of investors function.

Finally, this AI has come to such a stage that it evaluates people and distributes loans. Given this fact, the technical singular point may not be that distant a future.

Quote: https://worldpeacecoin.io/whitepaper/

World Peace Coin ICO Website: https://worldpeacecoin.io/

World Peace Coin Facebook: https://www.facebook.com/worldpeacecoin/

Telegram: https://t.me/worldpeacecoin

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