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Theoretically programmable money is clean.
You set rules. Funds move automatically. Conditions trigger actions. No time wastes, no man cum middle.
However, there is one issue that people do not discuss.
Money can be programmable. However, the inputs must be trusted.
When a system claims that a person is entitled to receive a payment, how do you know that is so? When some money is emitted in a smart contract, how does one ensure that the condition was not manipulated?
This is where majority of arrangements are silently abandoned.
$SIGN steps into that gap.
It does not center on the money itself. It is concerned with the stratum below it. This is the part that determines what is valid, what is approved and what can cause value to move.
$SIGN is in its most basic form a system of attestation. It transforms assertions into factual documents. The system can give a proof which can be verified by people rather than having a person to tell them that something is right.
That alters the operation of programmable money.
A payment does not just take place because of code. It is implemented due to the presence of a validated state. Eligibility, compliance, identity, everything of it is already in the logic and not an external assumption.
And as soon as this data is provided in an appropriate way, it is reusable.
A single verification is capable of driving several systems. A credential issued by one platform can open the gate to another platform where it can be used to make or receive payments or even to meet compliance requirements. SIGN normalizes this with schemas and attestations, simplifying the definition, verification, and re-use of data across networks.
That's the missing piece.
Programmable money remains constrained without a single point of verification. Any system starts to build trust all over again. Each addition of integration creates friction.
Things begin to tie in with it.
@SignOfficial does not want to become the money.
It is attempting to be the cause that money may move without the need to pose the question.
#SignDigitalSovereignInfra