About: Galactic Linden Credit System

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About: Galactic Linden Credit System Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

The Galactic Linden Credit System (GLCS) was created by Marko Kovak for the Linden Banking Federation (LBF). The GLCS is an account-to-account direct deposit system, whereby individuals may transfer Galactic Linden Credits (GLC) directly to another individual via a secure digital payment.

Attributes	Values
rdfs:label	Galactic Linden Credit System
rdfs:comment	The Galactic Linden Credit System (GLCS) was created by Marko Kovak for the Linden Banking Federation (LBF). The GLCS is an account-to-account direct deposit system, whereby individuals may transfer Galactic Linden Credits (GLC) directly to another individual via a secure digital payment.
dcterms:subject	Linden Banking Federation Linden Banking Federation Finance Finance
abstract	The Galactic Linden Credit System (GLCS) was created by Marko Kovak for the Linden Banking Federation (LBF). The GLCS is an account-to-account direct deposit system, whereby individuals may transfer Galactic Linden Credits (GLC) directly to another individual via a secure digital payment. The Linden Banking Federation managed the GLCS and sets the exchange rate between GLCs and the other galactic monetary denominations based on the current exchange rate and level of inflation of the various currencies. Exchanges between GLCs and other currencies is conducted digitally via a secure encrypted channel on the holonet, which is, for practical purposes impervious to slicer attacks and tracking, at least on the GLCS back-end.

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