The Better World Regulatory Coalition Inc. (BWRCI) has unveiled a PCT patent pending titled 'Method and System for Monetizing the Consumption of Goods and Services Using Blockchain Contracts and CETEs,' alongside the formation of its founding Board of Advisors. This development signifies a pivotal moment in the evolution of consumer-business relationships, offering a novel approach to rewarding consumer participation and fostering loyalty through technology.
At the heart of this innovation is the potential to equip businesses with advanced tools that not only deepen consumer engagement but also allow individuals to benefit financially from their everyday purchases. This dual advantage could redefine traditional rewards programs, creating a more inclusive and equitable economic model. The patent is a cornerstone of BWRCI's broader initiative to develop National Autonomous Economies SaaS Testbeds, a project under consideration for funding by the National Science Foundation (NSF), aimed at establishing a scalable digital infrastructure for autonomous economic systems.
The newly appointed Board of Advisors, comprising experts from various fields, is set to guide BWRCI in its mission to recognize and compensate individuals for their economic contributions globally. MaxBruce, BWRCI's founder, highlights the convergence of technology and social responsibility as the foundation of this initiative, aiming to empower communities and stimulate economic growth.
Artificial intelligence has played a critical role in refining BWRCI's system, offering insights and validation for its socio-economic innovations. The organization is committed to transparency and collaboration, engaging with stakeholders to align its objectives with societal and regulatory standards.
The implications of BWRCI's patent and projects are vast, promising to enhance wealth distribution, economic participation, and business-consumer relationships. By overseeing entities like DIGIPIE International PBC and the Consumers Earned Token Exchange Inc., BWRCI ensures the ethical implementation of these technologies. For more details, visit https://bwrci.org.
