Categories: News

Havas blockchain supports companies in their helicopter money recovery plans

In a context of unprecedented health and economic crisis, Havas Blockchain launches a tailor-made offer to support public and private players wishing to carry out economic support plans through so-called “strategies Helicopter money "

While the United States has just adopted a stimulus plan of around $ 850 billion and other states and local governments are preparing to take the plunge, our solution is based on the establishment of digital portfolios for citizens or businesses of a territory or a state. The advantage: a method very suitable for central banks, or other players, aimed at sending funds to predetermined targets and in the form of stablecoins. The interest is clear: the funds are collected directly by citizens, without intermediaries, with a direct impact on their purchasing power, "said Milan Orban, analyst at Havas Blockchain.

The so-called " Helicopter money Is a monetary policy for a central bank to create money and distribute it directly to citizens, through a citizen dividend. The theory was democratized in 1969 by Milton Friedman in The optimum quantity of money.

Today, these strategies are still empirical and can prove counterproductive or dangerous if improperly evaluated. But they remain theoretically an alternative to the more common strategies called " Quantitative Easing " Several national and local governments are currently developing such strategies, some of them already on blockchain infrastructures, such as in Korea in Gyeonggi province.

Our approach allows companies, national governments, local communities and more generally public and private actors to deploy digital and personalized recovery plans (whatever its scale or the targeted targets). Blockchain technology promotes secure transactions while promoting the transparency of such plans, ”explained Fabien Aufrechter, head of Havas Blockchain.

This article is a press release shared with Cryptonaute and published for informational purposes, it was not written by our team.

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