🏢 Mountain View, California, United States

Whitepaper

The world needs a reliable and interoperable payment system that can deliver on the promise of “the internet of money.” Securing your financial assets on your mobile device should be simple and intuitive. Moving money around globally, and in a compliant way, should be as easy and cost-effective as — and even safer and more secure than — sending a message or sharing a photo, no matter where you are, what you do, or how much you earn. New product innovation and additional entrants lower barriers to access and facilitate frictionless payments for more people.

Now is the time to create a new kind of digital infrastructure built on the foundation of blockchain technology. The Blira  mission is to enable a simple global payment system and financial infrastructure that empowers billions of people. The Blira  project will be made up of three parts that work together to create a more inclusive financial system:

A secure, scalable, and reliable blockchain as the technological backbone of the payment system;

Blira  Coins that are backed by the Blira  Reserve of assets made up of cash or cash equivalents and very short-term government securities; and

Governance by the independent Blira  Association and its subsidiary Blira  Networks, tasked with developing and operating the payment system.

The Blira  payment system is built on the Blira  Blockchain. Because it is intended to address a global audience, the software that implements the Blira  Blockchain is open source — designed so that anyone can build on it, and billions of people can depend on it for their financial needs. Imagine an open, interoperable payment system that developers and organizations build to help people and businesses hold and transfer Blira  Coins for everyday use. With the proliferation of smartphones and wireless data, more people are coming online and will be able to access the Blira  payment system. To enable the Blira  network to achieve this vision over time, the Blira  Blockchain has been built from the ground up to prioritize scalability, security, efficiency in storage and throughput, as well as future adaptability. Keep reading for an overview of the Blira  payment system, or read more about the Blira  Blockchain here.

The Blira  payment system will support single-currency stablecoins or  (e.g., USD, EUR, GBP, etc.) and a multi-currency coin , which we refer to together as Blira  Coins. Blira  Coins will need to be accepted in many places and easy to access for those who want to use them. People need to have confidence that they can use Blira  Coins and that their value will remain relatively stable over time. To accomplish this, each single-currency stablecoin will be backed 1:1 by the Reserve, which will consist of cash or cash equivalents and very short-term government securities denominated in the relevant currency. Each ≋LBR, being a composite of 1:1-backed single-currency stablecoins supported by the Blira  network, inherits the backing and stability of those stablecoins. The Blira  Reserve will be administered to preserve the value of Blira  Coins over time. Keep reading for an overview of the Blira  Association, or read more about the Reserve here.

BLIRA COIN use blockchain technology to record transactions. For example, the BLIRA COIN network network are both based on blockchain.

Proof of stake (PoS) is a type of consensus algorithm by which a BLIRA COIN blockchain network aims to achieve distributed consensus. In PoS-based BLIRA COIN the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake). In contrast, the algorithm of proof-of-work-based BLIRA COIN such as BLIRA COIN uses mining; that is, the solving of computationally intensive puzzles to validate transactions and create new blocks.

BLIRA COIN uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of BLIRA COINs is carried out collectively by the network. Through many of its unique properties, BLIRA COIN allows exciting uses that could not be covered by any previous payment system.

Blira Staking

Blira Staking is an on-chain protocol that enables users to participate in the collateralization of the

Swipe Network that powers real-time cryptocurrency to fiat conversions. Users who stake Blira to secure the network receive their share of a daily reward on-chain over a period and thereafter receive

transaction fees on the network.

Privacy

The traditional banking model achieves a level of privacy by limiting access to information to the

parties involved and the trusted third party. The necessity to announce all transactions publicly

precludes this method, but privacy can still be maintained by breaking the flow of information in

another place: by keeping public keys anonymous. The public can see that someone is sending

an amount to someone else, but without information linking the transaction to anyone. This is

similar to the level of information released by stock exchanges, where the time and size of

individual trades, the “tape”, is made public, but without telling who the parties were.

As an additional firewall, a new key pair should be used for each transaction to keep them

from being linked to a common owner. Some linking is still unavoidable with multi-input

transactions, which necessarily reveal that their inputs were owned by the same owner. The risk

is that if the owner of a key is revealed, linking could reveal other transactions that belonged to

the same owner.

What is needed is an electronic payment system based on cryptographic proof instead of trust,

allowing any two willing parties to transact directly with each other without the need for a trusted

third party. Transactions that are computationally impractical to reverse would protect sellers

from fraud, and routine escrow mechanisms could easily be implemented to protect buyers. In

this paper, we propose a solution to the double-spending problem using a peer-to-peer distributed

timestamp server to generate computational proof of the chronological order of transactions

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value, and has value only because a government maintains its value, or because parties engaging in exchange agree on its value. It was introduced as an alternative to commodity money and representative money. Commodity money is created from a good, often a precious metal such as gold or silver, which has uses other than as a medium of exchange (such a good is called a commodity). Representative money is similar to fiat money, but it represents a claim on a commodity (which can be redeemed to a greater or lesser extent

Intrinsically valueless money used as money because of government decree.

An intrinsically useless object that serves as a medium of exchange (also known as fiduciary money.)

The term fiat derives from the Latin fiat (“let it be done”)  used in the sense of an order, decree or resolution.

Blira Coin Reserve was created in 2019 to protect the citizen from financial crises, currency devaluation and inflation that causing about the economic instability of the individual.

No one can take your Blira Coin, Central Banks have the power to take the deposits of citizens to recapitalize itself, obviously causing enormous unrest among the local population, directly affecting the family savings,. This can’t happen with Blira Coin because it’s a decentralized currency, it’s just yours. No central authority has control over it and therefore a bank or state cannot take it away from you.

SECURELY STORE AND MAKE PAYMENTS IN GOLD

The BLIRA COIN technology – the protocol and the cryptography – has a strong security track record, is probably the biggest distributed computing project in the world.

 Liquid assets

Immediately available through exchanges.

Store of value

Blira Coin Reserve has no speculative purpose but protection from a period of economic (and financial) crisis or from a period of strong price instability.

The approximate return on investment if purchased at the time of launch (or earliest known price)

0% Inflation

BLIRA COIN without inflation because the max supply is only 10.000.000

The approximate return on investment if purchased at the time of launch (or earliest known price)

Investment

Medium to long term investment leads to an increase in value.

Everyone has the right to manage their own finance freely, in an increasingly globalized world where everyone has an internet connection, people need new financial instruments. BLIRA COIN is based on the most advanced Blockchain has no devaluation (it is based on digital gold) conversely fiat money has no intrinsic value.

Our mission is to make each person financially free and manage their earnings as they wish, completely decentralized with BLIRA COIN are you own the bank.

1 FREEDOM

2 TRUST

3 MANAGEMENT

4. DECENTRALIZED

5. ANONYMOUS

6. CURRENCY

7. RESERVE OF VALUE

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