Mill of Blood
Automating the KYC and KYS processes through decentralization
Decentralized solution that solves automating the KYC and KYS processes
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This project expands Antonio Vega Macotela’s long-term research into exhaustion as an operation of scarcity and wealth, as well as it sets out an inquiry into the way value is produced within the complex set of interdependent relations that make up our global economy. The existence of “mills of blood” can be traced back to IV A .c in Grece This kind of machine was an apparatus used in places where neither wind nor water were available as means of production, and only labor could be used as source of energy. There were three of these kind of mills in Latin America, all three were used to make silver coins during the Spanish colony. There was one in Mexico, one in Peru and one in Bolivia. The MoB presented at dOCUMENTA 14 in Kassel is a reproduction of the Bolivian MoB.
Each TEIO mined in the Mill of Blood has been designed with several properties besides being able to be used as value reserve. The use and ownership of TEIO will be determined by a council that will be organized by the author of the Mill of Blood project during the 100 days of dOCUMENTA 14. This council will consist of nine members whose names will be released before the end of the ICO. The members are involved in both the creation of the mill and the currency TEIO. A multiaddress will be generated and the corresponding keys will be distributed among the nine members of the council.
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