Develop Open-Source, Democratic Banking Software
Strategic Action Overview
To enable communities to create their own ethical credit unions and lending circles.
Domain:
📉 Economics
Subdomain:
💱 Exchange and Transfer
Dialectic:
✴️ Liberate
Implementation:
High
Timeline:
Medium Term (1-3yrs)
Resources:
Heavy
Strategic Pathway:
Create robust, auditable software that allows groups to manage finances democratically, providing low-interest loans based on community need, not just profit.
Core Skills:
Technical Design,Project Management,Community Organizing
Success Indicators:
Software developed; community banks launched; increased access to ethical lending.
Failure Signals:
Technical failures; low adoption; regulatory barriers.
Permissions:
Regulatory Approval,Technical Design,Community Consent
Toolkit:
Digital Platforms,Legal Templates,Materials Budget
Adaptation Protocol:
Iterate on software; provide user training; engage with regulators for compliance.
