IOU

IOU

IOU aims to provide community scoring for unbanked people using blockchain technology.
Distributed

Description

IOU is inspired by the ideas of Nobel laureates Friedrich von Hayek and Muhammad Yunus, focusing on developing 'personal money' and mutual sureties as solutions to poverty. It proposes a system where communities can exchange IOUs, backed by the issuer's reputation, to facilitate loans and financial support among unbanked populations.