5min chapter

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Collaborative Finance: Credit clearing for collectively doing more with less capital

The Blockchain Socialist

CHAPTER

Credit Clearing Systems and the Importance of Distribution

This chapter explores the concept of credit clearing systems and the choices involved in debt clearance, emphasizing the importance of distribution and managing the issue. It proposes solutions for governing a monetary system and compares traditional banks and blockchains in terms of clearing and settlement, aiming to make them accessible to all and reduce debt collaboratively.

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