Transfer of Value Protocol

Why do you work? What’s the main goal?

Maybe you like it. Maybe it helps you feed your family. Helps you buy that bike that you can use for your weekend rides. Helps you buy that jewelry for you to wear and feel good. The list is countless.

At the end of the day, money is nothing but a means for you to experience your dreams. Your goals. Money is just a medium of transfer. The transfer of value.

You transfer your value to your company. Your skills, your knowledge, your hard work is then paid for in money. You then use this money to go and experience the joys of life. Whatever this material life can offer you.

Money is an abstraction of value - Andreas M. Antonopoulos

At the end of the day, we are trying to transfer value from one person to the other. The means we do it is money. Initially, it was the barter system. Then came beads, feathers, basically something that you couldn’t eat. After thousands of years, humans started using precious metals. Precious metals were used because they were scarce. Something that couldn’t be found easily. Then came promissory notes which soon became notes issued by the government. A society working on debt.

Bitcoin was the latest technology when it came to the evolution of money. It proposed a system where everyone in the world would automatically come to a consensus on who owns what. No need for any central authority to prove the same. With every new innovation comes skepticism.

What’s the point of all this anyway. What are we as humans trying to achieve? Why do we need money?

The TOV Protocol

If the end goal is to transfer value, why not avoid the middleman? Which in this case is money. That’s the whole point of blockchain right? Removing the middleman. How would such a world work? How can you transfer value from one person to another without the need for money?

That is what the Transfer of Protocol does. This protocol aims to improve the efficiency of the transfer of value which is the main goal of humans.

To track the progress of this protocol, follow this GitHub repository!