Star Wars Roleplay: Chaos

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Approved Tech Galactic Standard Credit

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OUT OF CHARACTER INFORMATION
PRODUCTION INFORMATION
  • Manufacturer: InterGalactic Banking Clans
  • Affiliation: Open Market
  • Model: Galactic Standard Credit
  • Modularity:
    • Various Aesthetic Changes
    • While difficult to hack and change, it can be done; though it should be noted that high alterations to the Cred's value will see the credit frozen until physical verification can be made on the integrity of the device.
  • Production: Mass Produced
  • Material:
    • Electronic Microcomputer Pieces │ Duraplast Construction
SPECIAL FEATURES
  • For User:
    • Automated tracking of banking information.
    • Biometrically signed to the isuee.
    • Currency Standardization w/ Automatic Exchange Rates
    • Small Form Factor
  • For Economies:
    • Fiat Currency Base
      • Quantum Block Chain Backed
      • Electrum Standard
        • Various precious metals help to back up the value of the Cred, securing its fluctuations.
      • Backed by Subsidiary companise and IGBC investments.
    • Currency Standardization
    • Stable Economic Growth
STRENGTHS
  • The Electrum Standard -
    • Utilizing a variety of means to back the value of the Galactic Standard Credit, the IGBC has managed to create a currency with an exceptionally stable growth rate; and with variety of Core Planets adopting it post-Endgame, it moves upwards with a surprisingly assurances. As a result, any planet, governing body, or company that adopts the Cred is able to grow their business simply off the backs of adoption.
  • Biometric Security -
    • Adding on the benefit of biometric scanners, built in apoptosis contigencies, and a variety of slicing preventions tools; the new Cred Chip is capable of resisting most hacking measures. Even if hacked, central connection banks can double check the prior value of the chip - and exceptional deviation will cause the device to force a freeze on the account until physical confirmation can be made on the integrity of the device.
WEAKNESSES
  • Globalist Conspiracy -
    • Perhaps the weakest part of the Cred isn't for the individual, but for the economies, planets, and companies that adopt it. In the fact that the Cred is a foreignly owned and operated Cred, this can take away more direct ways of influencing ones own economy in favour of another; and while the IGBC is well known for growing economies, if your own accountants want to 'flood the market with currency to help quick growth' for example, it can't so easily be done when you don't control the mints, block chains, or resources behind the cred.
DESCRIPTION

Following the rise and fall of various factions, notably in the Core; there became a pressing need for standardization of the currency. From Empress Teta to Coruscant, back to Brentaal IV; economies found that trading amongst one another became ever more difficult with a unifying credit. Leave alone the mass governmental instability caused by the Sith Empire, First Order, and Galactic Alliance's conflicts. With this in mind, the newly formed and quickly growing InterGalactic Banking Clan devised its new currency, to help inject consumer confidence in the growing weary masses.
Introduce, the Galactic Standard Credit; the future of the IGBC backed economy, and the key to their goal at standardizing measurements between economies, assisting with trade policies, and offering a truly stable alternative to the vast amounts of exchanges one has to make to be a trader along the Hydian Way or elsewhere. With early adopters such as the Grayson Imperium, Empress Teta, and a variety of others; the currency started strong and confident in its ability to move economies upwards, as the majority of the early adopters saw extremely large increases in the value of their treasuries as a result of proper management of the funds by Director Deputy Caulder Dune, lesser known as Caulder Dune Caulder Dune .
The currency itself is backed by a variety of methods, with many driving the Cred on the road of modernization; something that the only Cred was in desperate need of. This new Galactic Standard Credit is backed by a variety of Fiat methods for manipulation purposes - helping to base a portion of its value on the credit score of the various governments that borrow from the IGBC's InterGalactic Monetary Fund. Yet, a vast majority of it's value is established by the quantum block chain processing done by the massively powerful A-02 "Omniscient" Class Super Processors provided by Jaeger Solutions for the express purpose of creating a massive network of super computers capable of research. The last of the backing is done through a vast storage of precious metals, arts, and various luxury items capable of holding up the value; be it in the form of rare artifacts, phrik and beskar, or even the odd painting done by notoriously famous artists.
Overall, the new Galactic Standard Credit is a bright light at the end of a tunnel for the last thousand years of darkness; helping to drive modern economies into the future powerhouses of the Galaxy - fighting back against the instability of current galactic currencies and the rate at which they fall through the cracks. Be it from a government falling, an invasion half a galaxy away, or otherwise poor management from a planet working alone - the Galactic Standard Credit helps to avoid all of this.
 
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