[kictanet] Affordable Housing: How to unlock funding

[Arya Jeipea Karijo]

Interesting.

But these sound to me like the Derivatives Market which led to the Global
Economic Crisis of 2008
https://www.thebalance.com/role-of-derivatives-in-creating-mortgage-crisis-3970477


Maybe Walu should explore some more. If we start encrypting assets that are
not real and issuing cryptocurrency we are just using technology to repeat
old mistakes in a high tech way.

Blockchain still obeys the rules of Garbage In Garbage Out



With kind regards


Jeipea

Believe in yourself then you can change your world

____________________________________________
Skype: john.paul.em
Cell: +254735586956


On Wed, Jan 22, 2020 at 12:48 PM Barrack Otieno via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

> In Summary
>
>    - Government should not abandon the Affordable Housing Project due to
>    lack of funds.
>    - The concept of digital assets can be technically tweaked and
>    re-purposed to finance the affordable housing project.
>    - Wanjiku can then buy one or several of these ‘securitised’ digital
>    tokens based on her financial capacity and without being coerced.
>    - This level of flexibility and the possibility of opening up the
>    whole market to the outside world can easily mop in financial resources
>    that remain untapped due to the lack of trust that the current government
>    systems have.
>
>
> https://www.nation.co.ke/oped/blogs/dot9/walubengo/2274560-5417404-13ra9ka/index.html
>
> --
> Barrack O. Otieno
> +254721325277
> +254733206359
> Skype: barrack.otieno
> PGP ID: 0x2611D86A
>
>
>
>
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