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#ItemBanc

It is a most advantageous time to introduce Item Banc because the world needs a technology that can deliver valuation information. World markets are seized up by a downturn in available credit and valuation methods are not stable. Markets need a new method to deliver fair market value to all countries.

Item Banc can deliver a valuation engine to the market. For producers and farmers and manufacturers, Item Banc can capitalize production. For distributors, Item Banc can deliver commoditization of products to enable valuation information. For financial markets Item Banc can capitalize producers and businesses.

For communities, Item Banc can bring fair market value. For nations, Item Banc can value currencies. Item Banc will deliver a new paradigm of information currency for the people.
#ItemBanc

INFORMATION CURRENCY CREATED BY ITEM BANC ENGINE

Information Currency is a value system based on the relative value of BHN products available for consumption around the world. The Item Banc Engine takes as input what BHN products are available where at what value. The product values are (basically) averaged by item by category by BHN “basket” (all of the BHN products) by nation. The calculations are based on the standard economic theory of purchasing power parity.

The current dollar value system represents the relative supply and demand of currencies by nation.

The Information Currency value system represents the relative value of BHN products by national currency or literally by Nation.

Blockchain and smart contract technology have created the opportunity to allow the Item Bancs to capture and capitalize live BHN product valuation information and the Item Banc Engine uses this to publish fair market value with Information Currency.

It is with fair market value that economies can thrive, companies can be secured by their production and people can trust a fair reward for their work. Fair market value finds parity when currency is Information and Information is currency.