We are METAMUI: The world’s 1st Identity-based Blockchain to solve CBDC implementation and design issues
Sovereign Wallet Network (SWN) seeks to address the un-federated nature of digital currencies while also solving the scalability trilemma of the blockchain industry. MetaMUI is the 1st Identity-based blockchain to truly enable regulated, identity-based Peer-to-Peer (P2P) transactions; it can be used as the cornerstone for most financial offerings, with its high versatility and support for custom-developed use cases that enable Central Bank Digital Currencies (CBDC) implementation and issuance easily on the MetaMUI CBDC platform.
MetaMUI completely redesigned the blockchain based on SSID technology. By combining the SSID and blockchain token mechanism, MetaMUI was able to create a new identity-based CBDC system that can protect user’s privacy while providing an identity-based transfer system that can satisfy travel rules and other regulatory requirements such as Know your customer (KYC), Anti-money laundering (AML) and Counter Financing of Terrorism (CFT).
In SSID, the user’s data is stored and controlled by the user. This data never leave the user’s device without prior consent. This is a radical shift from the most centralized and incompatible identity systems widely used today. MetaMUI has developed its blockchain technology around Self-Sovereign Identity (SSID) in line with these constraints.
MetaMUI Blockchain uses a hybrid system of high-performance digital cash and high-security digital checks. This hybrid architecture allows MetaMUI’s blockchain to be used in global-scale applications, including central banks, digital stock issuance, digital currency exchanges, non-fungible tokens, and more.
We utilize our indigenous multi-ledger architecture, meaning each digital currency generated on MetaMUI Blockchain will have its blockchain ledger. We also offer a pre-built identity blockchain and digital asset blockchain. Our node system consists of Bank nodes and Mobile nodes.
MetaMUI capabilities:
- It can handle more than 1,000,000 transactions per second (TPS)
- Multi-Asset Issuance and Transfer: Issue digital currency and other assets on a single unified platform
- Algorithmic Central Bank: Control short-term interest rates, growth rates of narrow money and broad money, monetary conditions, inflation, the exchange rate, and other economic indicators.
- Special financial Operations: Enable built-in financial applications: inheritance, re-denomination, programmable taxation, and more.
- Peer-Wise Transaction Mechanism with Zero-Cost
We are paving the way toward creating the Internet of Sovereign Digital Currencies (IoSDC).
SovereignWallet Network Website
MetaMUI Whitepaper
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