Question 1

Who owns the Circles Points?

Accepted Answer

https://static.wixstatic.com/media/3247ab_c7d5d5567dc84167832370adb15d02c5~mv2.png
Circles Points are owned by their users, not by an organization or others alike.
Each Circles User has their own personal Circles Points, for example: “Dewi108” receives “Dewi108 Points” from the Circles software everyday.

Question 2

How can the Circles Network grow?

Accepted Answer

Have a look at this futuristic animation that shows how the Circles network can develop over time with community support.
https://video.wixstatic.com/video/3247ab_71fac207476d49dc98ca94e57e483123/1080p/mp4/file.mp4

Question 3

What is Universal Basic Income (UBI)?

Accepted Answer

In essence, Universal basic income (UBI) is a system in which all of the system's participants regularly receive an equal, regular payment of a grant, without any conditions. UBI can be implemented nationally, regionally, or locally. There are many models of UBI in the world.

Question 4

How long has Circles been running?

Accepted Answer

The Circles Indonesia project has been doing research and community consultation in Bali since early 2021.

While variations of the Circles technology have been tested in different parts of the world since 2017, the current version of the Circles application is a new BETA application that will be tested for the first time in 2023.

Question 5

How long has the Circles Indonesia Project been running?

Accepted Answer

The Circles Indonesia Project was launched just after the COVID19 disaster struck us all. Since that time, the team has been implementing research and consultation with local stakeholders to see how this innovative digital solution may be able to support people in enhancing their fulfillment of daily needs.

Question 6

How does the Circles Project evaluate its work?

Accepted Answer

The Circles research project works with local research partners to do regular monitoring, evaluation and learning activities through interviewing research participants, documentation and checking data on App usage.

Question 7

What are the ethical values of Circles Indonesia?

Accepted Answer

The vision of the Circles Project is to empower all people everywhere to realise joyful, fulfilled, & meaningful lives in which daily needs are met as communities help each other to grow.

The Circles platform is an open source blockchain-based technology that aims to provide digital UBI points that circulate through mutual trust. This community-driven solution aims to support increased use of locally made products and services, as a means to strengthen localised, circular economies.

As a complementary cashless solution, Circles can advance humanity one giant step into an era of mutual support, sustainable growth and abundance.

Search the FAQs