jueves, 17 de julio de 2014

B2P currency contract versus B2P property mortgage contract

Investors in capital goods acquire their property by a monthly payment of a B2P property mortgage

To do so, they get in the market the necessary B2P currency of the manufacturer of the capital good.
The buyer gives the constructor an amount in B2P currency and in return the buyer gets an amount of share of the B2P property mortgage.


The B2P currency smart contract should include an XML text, human readable through an XSL transform, containing the data of the promise of goods. Equally,  a B2P property mortgage smart contract should include an XML text containing the data of the given property.


The two smart contracts are almost the same. The main difference is :

  • the B2P currency circulates in the open multi-currency market and refers to any construction works of the builders company within a period, say a year
  • the B2P property mortgage circulates only between the builder and the buyer that has acquired the property, and the interchange happens trough all the payment period, say 15 years

The B2P currency contract

  • Is issued for the total value of the production of a manufacturer for a period
  • Is valid as means of payment around that period
  • The holder can be anybody
  • Can buy any product of the manufacturer produced anytime
The XML

<?xml version="1.0" encoding="UTF-8"?>
<contract xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:noNamespaceSchemaLocation="https://sites.google.com/site/desperadostheory/files/contract.xsd">
      <Title>BUILDERS CO Property 2314</Title>
      <contractURL>https://www.buildersCo.com/construcionsPlanned2013</contractURL>
      <Total>98000000</Total>
      <Currency>
            <currencyName>BUILD</currencyName>
            <currencyLongName>BUILDERS CO Currency</currencyLongName>
            <currencyLogo>https://www.buildersCo.com/files/BUILDLogo.jpg</currencyLogo>
      </Currency>
      <ValidPeriod>
            <start>2012-02-21T00:00:00</start>
            <end>2013-07-21T00:00:00</end>
            <issueDate>2012-01-01</issueDate>
      </ValidPeriod>
      <Definitions name="producer">... legalIssuer ... is the producer of ... Merchandise ...</Definitions>
      <Definitions name="authorization">... legalIssuer ... is the authorised institution by the EQUALITARIAN PEOPLES ASSOCIATION to issue money in the denominations indicated in ... Currency ...</Definitions>
      <Definitions name="affiliation">... Collector ... are affiliated companies to the ... legalIssuer ... commercialising and selling its ... Merchandise ...</Definitions>
      <Definitions name="holder">... holder ... of this voucher is any Citizen in possession of ... Currency ... money</Definitions>
      <Conditions name="amounts">... legalIssuer ... will issue money in ... Currency ... for a total amount equivalent of all the ... Merchandise ... to be available for trade with ... Currency ... during the ValidPeriod</Conditions>
      <Conditions name="prices">... Collector ... will indicate the prices of the ... Merchandise ...included in this contract in ... Currency ... on top of legal tender prices</Conditions>
      <Conditions name="price guarantee">... Collector ... will not change the prices of the ... Merchandise ... in ... Currency ... from the date of the issue, until the end of the ... ValidPeriod ...</Conditions>
      <Conditions name="redemption">... Collector ... commit to redeem the money in ... Currency ... of any ... holder ... for ... Merchandise ...worth the price in ... Currency ...</Conditions>
      <Conditions name="optional redemption">Optionally, ... Collector ... may redeem ... Currency ... of non EQUALITARIAN PEOPLES ASSOCIATION ... holder ... the same way</Conditions>
      <legalIssuer>
            <holder kind="construction works">
                  <name>BUILDERS CO</name>
                  <long_name>BUILDERS BUILDINGS FOR EVERYONE COMPANY</long_name>
                  <address>C/Patronato Obrero, 67, 07006 Palma</address>
                  <country>ES53</country>
                  <email>builders@builders.com</email>
                  <url>https://www.buildersCo.com/</url>
                  <logo>https://www.buildersCo.com/files/buildersCoLogo.jpg</logo>
                  <citizensID>ES530005631</citizensID>
            </holder>
            <share>
                  <percent>100</percent>
                  <resultingFixed>98000000</resultingFixed>
            </share>
            <participation>
                  <holder kind="customer">
                        <name>any</name>
                        <country>any</country>
                        <citizensID>any</citizensID>
                  </holder>
                  <share>
                        <percent>100</percent>
                        <resultingFixed>98000000</resultingFixed>
                  </share>
            <participation>
                  <holder kind="builder">
                        <name>BUILDERS CO</name>
                        <long_name>BUILDERS BUILDINGS FOR EVERYONE COMPANY</long_name>
                        <address>C/Patronato Obrero, 67, 07006 Palma</address>
                        <country>ES53</country>
                        <email>builders@builders.com</email>
                        <url>https://www.buildersCo.com/</url>
                        <logo>https://www.buildersCo.com/files/buildersCoLogo.jpg</logo>
                        <citizensID>0</citizensID>
                  </holder>
                  <share>
                        <percent>0</percent>
                        <resultingFixed>0</resultingFixed>
                  </share>
            </participation>
      </legalIssuer>
      <Collector>
            <name>Immosales</name>
            <long_name>MallorcaWeb, SL</long_name>
            <address>S'Estanyera 15 - 07150 ANDRATX (Illes Balears)</address>
            <country>ES53</country>
            <email>name@email.com</email>
            <url>http://www.immosales.com/</url>
            <logo>http://www.immosales/files/logo.gif</logo>
      </Collector>
      <Merchandise pictureURL="https://www.buildersCo.com/construcionsPlanned2013/files/pictures">
            Any construction produced by BUILDERS CO anytime
      </Merchandise>
</contract>


The B2P property mortgage contract

  • Is issued for the total value of the price of a concrete property
  • Is valid as means of payment for the mortgage time
  • The holder can be the builder and the buyer, nobody else
  • Can buy only one particulal capital good
The XML


<?xml version="1.0" encoding="UTF-8"?>
<contract xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:noNamespaceSchemaLocation="https://sites.google.com/site/desperadostheory/files/contract.xsd">
      <Title>BUILDERS CO Property 2314</Title>
      <contractURL>https://www.buildersCo.com/property2314</contractURL>
      <Total>280000</Total>
      <Currency>
            <currencyName>BUILD</currencyName>
            <currencyLongName>BUILDERS CO Currency</currencyLongName>
            <currencyLogo>https://www.buildersCo.com/files/BUILDLogo.jpg</currencyLogo>
      </Currency>
      <ValidPeriod>
            <start>2012-02-21T00:00:00</start>
            <end>2027-02-21T00:00:00</end>
            <issueDate>2012-01-01</issueDate>
      </ValidPeriod>
      <Definitions name="producer">... legalIssuer ... is the producer of ... Merchandise ...</Definitions>
      <Definitions name="authorization">... legalIssuer ... is the authorised institution by the EQUALITARIAN PEOPLES ASSOCIATION to issue money in the denominations indicated in ... Currency ...</Definitions>
      <Definitions name="affiliation">... Collector ... are affiliated companies to the ... legalIssuer ... commercialising and selling its ... Merchandise ...</Definitions>
      <Definitions name="holder">... holder ... of this voucher is any Citizen in possession of ... Currency ... money</Definitions>
      <Conditions name="amounts">... legalIssuer ... will issue money in ... Currency ... for a total amount equivalent of all the ... Merchandise ... to be available for trade with ... Currency ... during the ValidPeriod</Conditions>
      <Conditions name="prices">... Collector ... will indicate the prices of the ... Merchandise ...included in this contract in ... Currency ... on top of legal tender prices</Conditions>
      <Conditions name="price guarantee">... Collector ... will not change the prices of the ... Merchandise ... in ... Currency ... from the date of the issue, until the end of the ... ValidPeriod ...</Conditions>
      <Conditions name="redemption">... Collector ... commit to redeem the money in ... Currency ... of any ... holder ... for ... Merchandise ...worth the price in ... Currency ...</Conditions>
      <Conditions name="optional redemption">Optionally, ... Collector ... may redeem ... Currency ... of non EQUALITARIAN PEOPLES ASSOCIATION ... holder ... the same way</Conditions>
      <legalIssuer>
            <holder kind="storage of value">
                  <name>BUILDERS CO</name>
                  <long_name>BUILDERS BUILDINGS FOR EVERYONE COMPANY</long_name>
                  <address>C/Patronato Obrero, 67, 07006 Palma</address>
                  <country>ES53</country>
                  <email>builders@builders.com</email>
                  <url>https://www.buildersCo.com/</url>
                  <logo>https://www.buildersCo.com/files/buildersCoLogo.jpg</logo>
                  <citizensID>ES530005631</citizensID>
            </holder>
            <share>
                  <percent>100</percent>
                  <resultingFixed>280000</resultingFixed>
            </share>
            <participation>
                  <holder kind="buyer">
                        <name>Jesus ANTOLIN</name>
                        <country>ES53</country>
                        <citizensID>ES530005427</citizensID>
                  </holder>
                  <share>
                        <percent>100</percent>
                        <resultingFixed>280000</resultingFixed>
                  </share>
            <participation>
                  <holder kind="builder">
                        <name>BUILDERS CO</name>
                        <long_name>BUILDERS BUILDINGS FOR EVERYONE COMPANY</long_name>
                        <address>C/Patronato Obrero, 67, 07006 Palma</address>
                        <country>ES53</country>
                        <email>builders@builders.com</email>
                        <url>https://www.buildersCo.com/</url>
                        <logo>https://www.buildersCo.com/files/buildersCoLogo.jpg</logo>
                        <citizensID>0</citizensID>
                  </holder>
                  <share>
                        <percent>0</percent>
                        <resultingFixed>0</resultingFixed>
                  </share>
            </participation>
      </legalIssuer>
      <Collector>
            <name>Mallorca Mi Web</name>
            <long_name>MallorcaWeb, SL</long_name>
            <address>S'Estanyera 15 - 07150 ANDRATX (Illes Balears)</address>
            <country>ES53</country>
            <email>name@email.com</email>
            <url>http://www.mallorcamiweb.com/</url>
            <logo>https://sites.google.com/site/desperadostheory/files/mallorcaweb.gif</logo>
      </Collector>
      <Merchandise pictureURL="https://www.buildersCo.com/property2314/pitcures">Duplex apartment located on the 2nd floor of a 2 storey building. Area of 05m2  with 2 bedrooms + office (or bedroom for children).Lounge, dining room, bathroom with toilet, semi-fitted kitchen, double glazing, individual gas boiler. Without basement and attic. 32-33 Mortimer Street, 1st Floor,London W1W 7RE, UNITED KINGDOM
      </Merchandise>
</contract>

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