What is a Sense Chain?
The transcontinental Arllecta Group introduces one of its flagship products in the development of the global digital economy: Sense Chain. Sense Chain is a global digital network that allows every individual on the planet to earn money by utilizing one of the most valuable resources in life – TIME.
Proprietary Technologies of Sense Chain
The network is built on the following core technologies developed by Egger Mielberg:
- Sensechain: Sense Contracts, Sense Currency
- Proof of Participation Protocol
- Smart Transactions
Key Features of Sense Chain
Sense Chain is a new digital economic model that operates based on sense business contracts. It offers a financial digital framework secured by the time spent by network participants. The model provides several key features, including the ability to make cross-border transfers worldwide and support for over 169 fiat currencies. Additionally, it enables the creation of global sense contracts across various business and scientific fields. Participants can also execute intra-network second-transfers between each other and create loan sense contracts.
The network’s native asset (SA or S2S) is equivalent to job hours (JH), with a stable rate of 1 SA (S2S) = 1 JH = $10. This setup allows for a double earning potential for each sense contract, with earnings from both the Contract Cost (CC) and Job Hours (JH). Furthermore, Sense Chain integrates with other global e-commerce networks and does not charge deposit fees. It provides digital infrastructure that supports the creation of projects of any complexity and across any geography, along with a 100% guarantee of payment for every life hour spent on the network when implementing a sense contract.
How to Make Money Through Sense Chain?
The deposit opening function is available three months after registration. The lack of volatility in sense assets, along with a stable annual return from the network’s operating activities, makes participation in Sense Chain both sensible and profitable. Deposit rates can be flexible or fixed, with higher interest rates for longer deposit retention periods.
Since contracts can be concluded between different network participants, users can find business partners, offer jobs, or seek employment. All these activities are implemented through an easy-to-use interface, with operations secured by the logic of the sense contract or a group of contracts.
How Volatile is the Native Sense Chain Asset?
The minimum wage for one hour of work on the network is 1 SA (1 Sense Asset) = 1 JH (Job Hour) = 10 US dollars. The amount of hourly wage is determined based on the primary economic indicator: the level of development of the network economy. As more business sense contracts are made, the minimum wage will increase.
Business semantic contracts are automatically created by the network through pre-filled templates, which are either signed by the parent company or created and uploaded by users when performing specific tasks. Every action on the network, from withdrawing native assets to transferring funds within the network, is formalized through a contract.
The cost of a working hour in Sense Chain is a key indicator of the network’s development. As the network’s economic performance grows, the cost of a working hour increases.
Economic Indicators in Sense Chain
Sense Chain tracks over ten key economic indicators in real-time, with several important ones being:
- Sense Chain Business Activity Index (Sense Chain PMI): Reflects the ratio of total network users to total semantic contracts, multiplied by a stabilization coefficient.
- Sense Chain Asset Mass Index (Sense Chain ASI): Measures the aggregate of three asset categories: AA1 (native assets in circulation), AA2 (assets in business contracts), and AA3 (assets in borrowed contracts).
- Sense Chain Investment Activity Index (Sense Chain IAI): Reflects the total volume of network investment contracts for a given billing period.
- Sense Chain User Development Index (Sense Chain UDI): A complex indicator that factors in profitability, demand, and consumption levels of individual users.
- Sense Chain Gross Network Product (Sense Chain GNP): Calculated as the total value of services produced under all sense-to-sense network contracts over a set time period.
These indicators allow the network to monitor economic activity continuously and make ongoing improvements to optimize the business environment for users worldwide.
Enhancing User Experience
Sense Chain also focuses on improving the user experience. One such initiative involves extending asset control beyond the application. This feature allows companies to configure their processes flexibly, while users can instantly purchase or exchange a variety of fiat positions without intermediaries. A decentralized wallet is currently under development, which will support multiple digital asset exchanges and additional features.
Despite the complexity of its functionality, Sense Chain aims to offer an intuitive interface, similar to the banking apps that users are familiar with.
“We value and pay for every hour of life spent by our network members. Every participant from any country in the world is important to us.”
Egger L. Mielberg, Founder of Arllecta
For more details and information, please visit https://www.arllecta.com/. Read more at (PDF) SenseChain: Sense Contracts, Sense Currency.
Contact Details
Website: https://www.arllecta.com/
Contact person: Kirill Sandomirsky
Email: kirillsandomirskiy@gmail.com
Organization: Arllecta Group
