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SENSE CHAIN: A New Digital Sense-To-Sense Business and Entertainment World where time is the main asset

Sense Chain

Singapore, May 13, 2024

Arllecta group of companies presents the launch of one of its flagship products in the development of the global digital economy. Sence Chain is a global digital business and entertainment network, where every person on our planet can earn money using one of its main life resources – time

In our network, we create and implement the principles of the economy of a highly developed smart country. A digital, high-tech country where there are no such artificially created parasitic phenomena as inflation, unemployment, central banks and many other defective solutions of many current living countries.

The financial and economic component of the network consists of several solutions. One solution is to have five digital accounts for each network participant:

  1. Checking account.
  2. Saving account.
  3. Granted loan account.
  4. Loan account.
  5. Frozen account.

The checking account accumulates digital funds that can be used in any operational activity of a network participant. All operations for depositing or withdrawing digital currency are carried out only on this account.

A savings account accumulates digital funds for the purpose of their inviolability in operational activities and the accumulation of a certain percentage of the invested amount.

In the current version, the savings account has two programs: 

  1. with a fixed bonus; 
  2. with a floating bonus. 

Their main difference is the size of the bonuses and the rules for withdrawing them.

A granted loan account contains digital funds received under a concluded and signed sense loan contract for a certain period.

A loan account contains digital funds, which the network participant plans to use when creating a sense loan contract.

A frozen account contains digital funds that the owner of the digital wallet or the network transferred to guarantee the execution of a registered sense contract or against unauthorized access to them in the event of compromise of the network by attackers.

The core of the network includes the implementation of the following economic modules:

  • Reserve fund
  • Investment fund
  • Operating fund

The Reserve Fund performs the functions of issuing digital currency Sense Coin (SC or S2S). Each coin has three main characteristics. 

The first characteristic is the assignment of a unique identifier, which exists in a single copy on the network. This identifier allows to determine the holder of a coin with 100% accuracy and reduce to a minimum the possibility of fiat money laundering on the network. 

The second characteristic is the fixed coin rate: 1SC (S2S) = $10. This rate 

reflects the economic indicator of the minimum wage under a sense contract. 

The third characteristic is that each coin is provided with spent (hours worked) according to a sense contract.

The Investment fund performs the functions of aggregation and distribution of the digital currency of the network between investment sense contracts. The investment fund also performs the functions of protecting digital currency from misuse of digital assets of the network.

The Operating fund performs the functions of the current distribution of the digital currency of the network according to existing registered sense business contracts. This fund also covers all operational activities of the network related to the fulfillment of their obligations by the participants of this network. 

Sense Chain is a digital sense-to-sense network where everyone in the world can earn twice per sense contract

 

About the project.

Sense Chain is both a cryptographic network and a technology name with its own unique components, such as the proof of participation protocol algorithm, sense contracts and smart transactions

“Every hour spent in the life of every network participant has value.”

Founder of the Arllecta group of companies, Egger Mielberg.

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