Convert Joseon Mun JSM to Universal Basic Income UBI

Joseon Mun (JSM) is the national currency of Joseon, the first legally recognized cyber nation- state in the world. JSM is a foreign currency in other jurisdictions while still being a blockchain currency. This makes JSM the first unbannable cryptocurrency in the world. Joseon also provides a safe-haven for crypto projects to domicile in its jurisdiction.Joseon is engaged in humanitarian efforts to expand its global impact. As the first sovereign cyber nation, Joseon is introducing the legal concept of a personal interest corporation (or “Denizen”), decoupling identity and reputation from a physical person.

UBI is the first application to be built on top of the Proof of Humanity registry, an anti-Sybil attack tool designed by Kleros. The UBI token will be streamed directly to an Ethereum address as long as it gets verified as a human in the Proof of Humanity registry and starts the accrual process, establishing a fair and ongoing distribution model. It will provide universal access to liquidity that serves to inhibit financial coercion of public decisions and will be tradeable in all open markets. The ability to develop a reliable self-sovereign identity validation process brought on by Proof of Humanity has established the bedrock for the infrastructure required to make a Universal Basic Income (UBI) mechanism that can reach everyone on Earth.