Promise Language
A data structure that describes any transaction in any language.
Friday, November 15, 2013
The W3C organization is looking at a "web payment API"
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They are not monetary science experts. They are computer professionals and underestimate the subject matter. See the W3C wiki for more i...
Wednesday, November 6, 2013
The Mathematics of Monetary Science
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Communication * (Trust + Performance) = Accountability The above equation led to the creation of a monetary transaction specification w...
Sunday, February 10, 2013
A banking protocol.
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The financial system is composed of a series of broken promises going back to treaties and trust funds. Modern central banks were deliberat...
Wednesday, October 19, 2011
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Only living beings can make promises.
Thursday, January 20, 2011
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Promise Language is a standardized protocol for transactions that solves the problem of money. All transactions are "promises to deliv...
Tuesday, November 9, 2010
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Transactions today require common trust in govt/central bank, Promise Language distributes that trust. At its most basic, Promise Languag...
The origin of Promise Language
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(Sorry for the grammatical errors. I type as a I think, and when I switch plurals with pronouns, it means that I have conceptually abstract...
Friday, March 19, 2010
Promise Language in real life
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PL can be implemented at a small local bank as easily as a central bank. It instantly assures trust among participants while reducing transa...
Description of Promise Language (PL)
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Similar to HTML or XML, PL (Promise Language) is a simple framework describing promises that can be read by humans and processed by computer...
What is Promise Language?
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It is a public specification for contracts (promises) between individuals. Promise Language (PL) provides a framework that can be easily rea...
Thursday, July 16, 2009
A place to discuss new forms of money
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Promise Language is a loose framework for describing promises between individuals. Similar to contract law, but simple. Money is simply a...
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