Glossary

E-Citizen parents who have decided to accept, lawfully appropriate, choose, or select, as to adopt a child. An adopted child who has been legally taken by another family to be taken care of as their own child.

The Economy’s automated monthly calculation, of a Participant's annualized, all-time maximum CROP Harvested, during any rolling 12-month period. This calculated figure is a Participant’s Annualized Maximum Harvest (“Max Harvest”) figure. The Max Harvest figure is calculated by:

• (a) taking the cumulative amount of CROP Harvested over the prior 12-month period and dividing that cumulative figure by 12 to determine the average Harvest figure for that prior 12-month period; then
• (b) that 12-month average Harvest figure is compared with the current high-water mark (the current highest Max Harvest for a Participant since joining the Economy) to determine whether an Increase in Economic Activity has occurred; and
• (c) if the current 12-month period’s average Harvest figure is equal to, or lower than the current high-water mark, then no increase in Economic Activity has occurred; however
• (d) if the current 12-month period’s average Harvest figure is higher than the current high-water mark, then an Increase in Economic Activity will have taken place; and/or
• (e) if the current month’s Max Harvest figure is higher than the current high-water mark, then a new Max Harvest is set. When a new Max Harvest is set, the difference between the new (higher) Max Harvest and the prior (lower) Max Harvest represents the amount of Increase in Economic Activity.

Respectively, (a) the expression or application of human creative skill and imagination in various forms, sounds, words, and/or movements resulting in works to be appreciated primarily for their beauty or (emotional) power, and which include painting, music, literature, and dance (arts) and (b) the intellectual and practical activities encompassing the systematic study of the structure and behavior of the physical and natural world through observation, description, experiment verification and theoretical explanation (sciences).

Lawful power assigned to another; authorization. Rights bestowed by one individual, or legal person, on another, allowing for and producing full performance of an act.

The initial represented transaction price. This is typically, but not necessarily, a number denominated by an amount of cash, before any additional costs, or fees (for instance a Buyer’s CROP to be Harvested, or Harvest Fees) are applied to the Sales Transaction.

Depending on the particular geographical legal jurisdiction where the Sales Transaction takes place, the Base Sales Transaction Value may or may not include taxes.

For example, in the legal jurisdiction of the United Kingdom where Value Added Tax (VAT) is applicable, VAT is included in the Base Sales Transaction Value. In the legal jurisdiction of the United States of America where a sales tax is applicable, this tax is not included in the Base Sales Transaction Value.

Any lawful commerce, trade, profession or vocation, including professional practice and any other lawful undertaking conducted for gain or reward or for the supply or exchange of goods or services other than those which are free of charge.

A unit of time measure which typically refers to any given day in which normal business operations are conducted, such days include Monday to Friday, from 9am to 5pm local time, and excludes weekends and public holidays.

To purchase something. A Sales Transaction to obtain something, like a product or service, in exchange for payment.

An individual or legal person who makes a purchase. Buyers is the plural of Buyer.

Cost Reduction from OPerations.

A designated amount of cash that is Harvested from a Sales Transaction according to an established and applicable Royalty Agreement with either the Economy or an Ecosystem.

CROP Harvested originates from savings, discounts, Royalty Agreement commission and rebates or other value created by the Economy or an Ecosystem. CROP is stored in the Economy CROP Storehouse until the Economy, in turn, allocates a relevant amount of stored CROP to Seed which, the Seed, is then proportionately allocated on a monthly basis to owners of Cultivated Squares. That allocated Seed is then distributed to the current Yield owners based on their level of Cultivation of the corresponding Squares.

An attempt to terminate a contract/agreement that can succeed only on terms agreed. The act of nullifying or invalidating an instrument.

Within the context of the Economy, electronic bank credit. This credit may be denominated in a particular legal jurisdiction’s (nation’s) named currency (e.g. including but not limited to, United States of America Dollar, symbol: $; code USD, United Kingdom Pound Sterling, symbol: £, code GBP, and European Euro, symbol: €; code EUR, etc.) by, among others, e-Citizens, LP-Entities, Ecosystems or the Economy. Understood thus, cash is exclusively represented by an electronic number which is prefixed with a corresponding symbol, that numbered amount of cash is generally interchangeable with an applicable nation’s authorised and approved official currency; namely, legal tender notes and coins.

The date upon which the Economy s-Administrator issues an applicant individual with a Sweet Certificate of e-Birth. The date upon which an individual becomes an e-Citizen of the Economy.

An individual, boy or girl, from the material point in time of conception until he or she is an adult. An individual, boy or girl, under the age of 18 (Gregorian calendar) years old, or, a son or daughter of any age. Offspring of parents. Children is the plural of child.

A legal person (a government/local government entity/institution) incorporated by a given city’s name, which possesses relevant localised jurisdiction and is responsible for the administration of human settlements which, under certain city administrative remits or functions, may include local towns and/or villages.

Required specific information (Claim Proofs) that is (a) provided by an e-Citizen, to an s-Administrator, in order to prove the information provider’s (the respective e-Citizen’s) identity or credentials, and (b) subject to verification by an s-Administrator for authenticity in order to support the identity or credentials claim of that e-Citizen, and/or (c) any other claim made by, including but not limited to, either an individual, e-Citizen, legal person, LP-Entity or Member Representative which requires the authentication of supporting information and which is subject to being verified (as proven/true, unproven/false or unknown) by a Licensed e-Citizen (operating as an s-Administrator or S-Operator).

The Economy’s official cryptocurrency.

The unit of counting of currency or the same as cash.

The Economy default Seller Royalty Agreement, by which 10% of a Sales Transaction value is Harvested from the Seller as CROP by the Economy.

It is important to note that, for existing Economy Buyer Participants, once a Default Seller Royalty Agreement is in place, any changes to that Default Seller Royalty Agreement (via an amended Seller Royalty Agreement), which lowers the percentage of CROP Harvested from that Seller’s future Sales Transactions shall not take effect for a period of five-years from the date of the change. However, that change does become effective immediately for new Buyer Participants who join the Economy after the Seller changes their Default Seller Royalty Agreement to reduce the percentage of CROP Harvested.

A Seller may change their Royalty Agreement and increase the percentage of CROP Harvested from future Sales Transactions at any time. This increase shall take effect immediately - the point in time at which the Seller amends their Royalty Agreement.

The same as Civil Unions.

A state of being an e-Citizen, that is, an individual who joins the Economy, has become registered as an e-Citizen of the Economy and has been issued with a Sweet Certificate of e-Birth and an e-Passport by an s-Administrator. An individual who is permitted to engage, within the Economy, business activities and Buying and Selling whilst possessing an opportunity to become a co-owner in the Economy through ownership of Squares™ and enjoy the benefits of the Economy.

Any transaction within the Economy, which is some form of purchase or sale between a Buyer and a Seller, which causes the transfer of value, including payment made for the purchase of assets, goods, services, interest obligations, transfer of rights, or transfer of obligations. For example, business activity engaged by any e-Citizen and/or LP-Entity, which results in a Buyer and Seller completing a Sales Transaction (order placed by Buyer, order received by Seller, order confirmed by Buyer, order shipped by Seller, order received and accepted by Buyer, order settled by way of payment made by Buyer for order and payment received by Seller).

The Economy store where cash from CROP Harvested from Participants in the Economy is accumulated from settled Sales Transactions.

A software application that is designed to use the Sweet Commerce Platform via electronic personal devices such as, smartphones, tablets, or that which is hosted within a web browser on a personal computer or laptop. An Ecosystem Application may be developed and provided for use by Sweetbridge, by an Ecosystem, or other developers.

An Ecosystem specific Buyer Royalty Agreement.

An e-Citizen who, or an LP-Entity which has been granted a License to form and/or operate an Ecosystem. Operations of an Ecosystem S-Operator includes administering and implementing an Ecosystem’s policies, procedures, rules and regulations, providing and/or contracting for shared services, acting as one of the governance representatives of that Ecosystem and voting for changes to the respective Ecosystem’s policies, procedures, rules and regulations.

An Ecosystem S-Operator does not possess an exclusive role within an Ecosystem. Any e-Citizen or LP-Entity which has obtained a License to function as an Ecosystem S-Operator may operate as an Ecosystem S-Operator for any Ecosystem, provided that they maintain their operations within the authorized jurisdiction of their respective Ecosystem.

To access the list of Ecosystem S-Operators click: List of S-Operators.

An individual, or individuals authorized to work as either, agent(s), representative(s), employee(s), operative(s) or delegate(s), for, or on behalf of, an Ecosystem S-Operator.

The list of goods, services and resources that are offered to an ecosystem’s LP-Entities, exclusively via membership of an ecosystem, as defined in the list of Ecosystem Services.

A transaction between Members of an Ecosystem that involves at least two parties.

A mutual company, trade association or co-operative operated for the mutual benefit of its members that uses the Sweet Commerce™ Platform. Ecosystems are common interest groups or consortiums consisting of e-Citizens (individuals) and/or LP-Entities (legal person entities), businesses, organizations and/or government entities. Ecosystems are designed to optimize the commerce between their members in a high-trust environment. The goal of these Ecosystems is to increase the prosperity of its members.

The commencement date of an agreement, contract or similar instrument.

To complete, to make, to sign, to do, to carry out according to its terms, to fullfil the command or purpose of a particular agreement. To perform all necessary formalities, as to make and sign an instrument (which includes, but is not limited to, a contract or a Sweet Will).

Fully and clearly expressed; leaving nothing implied: explicit approval.

An event or sequence of events beyond the Sweet Economy’s, an e-Citizen’s, an Ecosystem’s, or a Member’s reasonable control which prevents or delays any party from performing its obligations under an agreement. Inability to pay is not Force Majeure.

Intentional deceit. A false representation made by, including but not limited to, an individual, e-Citizen, Participant, LP-Entity, Member of an Ecosystem and/or a Member’s Representative, or an Ecosystem, of an existing fact:

1. made knowingly, without belief in its truth, recklessly or carelessly as to whether it be true or false; and
2. with the intention that an individual, e-Citizen, Participant, LP-Entity, Member of an Ecosystem and/or a Member’s Representative, an Ecosystem, or the Sweet Economy™ should act on such false representation; and
3. which results in damage and/or loss.

Having complied with all respective obligations, and not being subject to any form of sanction, suspension or disciplinary censure, or termination.

The Ecosystem selected to govern a transaction that determines, among other things:

(a) which agreements apply;

(b) the account coding in the Ecosystem chart of accounts;

(c) the legal jurisdiction;

(d) common processes that are to be followed; and

(e)Which shared services are to be used. The Governing Ecosystem also defines the Dispute Resolution Process which is to be used and many other processes that members are required to follow when conducting commerce within their specific Ecosystem.

Unless explicitly selected otherwise, prior to a Sales Transaction, the Ecosystem which the Seller is a member is, by default, the Governing Ecosystem.

A permanent or semi-permanent government or state agency, that is responsible for the oversight and administration of specific functions, such as an intelligence agency. There is a variety of agency types. Although usage differs, a government agency is normally distinct both from a department or ministry, and other types of public body established by government.

The system(s) by which a nation, state or city is managed. In the case of this broad associative definition, government normally consists of legislators, administrators and arbitrators. Government is the means by which national, state or city policy is enforced, as well as the mechanism for determining the policy of a nation, state or city. Forms of government, or forms of state or city governance, refers to the set of political systems and institutions that make up the organization of a specific government.

Any content which is written text, electronic or otherwise, footage, audio or imagery (video or pictorial, including drawings or paintings) displayed with the intention of causing or capable of causing harm; injurious to an individual’s health.

The Economy’s ongoing activity of collecting cash (by CROP Harvesting) from settled Sales Transactions in the Economy. The amount of CROP Harvested from Sales Transactions is defined by a Buyer’s and/or Seller’s Royalty Agreement. The CROP Harvested is then transferred to, and stored in the Economy CROP Storehouse. Once a month, the Economy converts the CROP to Seed and calculates the allocation of Seed. This Seed is then distributed to the current Yield Right owners based on their level of Cultivation of the corresponding Squares.

An established percentage, defined by a Buyer in their Royalty Agreement, which is used to calculate the amount by which the Base Transaction Price, of a Sales Transaction, is to be increased. This provides a new purchase price for that Sales Transaction, according to that Royalty Agreement.

An established Royalty Agreement percentage, of 10%, on a Sales Transaction, with an initial purchase price of $100, would increase that purchase price to $110 ($100 x 10% = $10 + $100 = $110).

Buyer Royalty Agreement percentages may be changed at any time by the Buyer and this becomes effective immediately. Such defined changes are only permitted to be expressed by no more than two decimal places, such as 0.01% (0.01% is the lowest limit which a Buyer may select).

The scalar used to round up the price of a Base Sales Transaction Value to the transaction’s nearest whole scalar amount.

For example, if a Buyer were to set a scalar value of $1.00 then the scalar would round up the price of a Base Sales Transaction Value of £111.32 to $112.00. If a scalar value of $25 was implemented on the same $113.32 transaction then the scalar would round up that price to $125. The difference between the Seller’s asking price and the Buyer’s new scaled up Sales Transaction Value price becomes Harvested CROP and is contributed to the Economy CROP Storehouse.

The Buyer may change the scalar at any time. The scalar may be defined to any number that can be expressed with no more than two decimal places (such as $0.25).

A Participant’s increase in their Annualized Maximum Harvest (“Max Harvest”) figure.

A Participant’s Increase in Max Harvest figure occurs when the Annualized Maximum Harvest for the current month exceeds their prior Annualized Maximum Harvest figure.

For example, if a Participant has a prior month’s Annualized Maximum Harvest value calculated at 30 and their existing Annualized Maximum Harvest value is calculated at 33, then, the Increase in Max Harvest would be calculated to be 3 (33 - 30 = 3). This Increase in Max Harvest value (3) is the Increase in Economic Activity figure which is attributed to that Participant - either an e-Citizen or LP-Entity - for that current month.

The spirit, soul (mind, will and emotions), and physical body of an individual, forming one indivisible human being.

That which descends to the e-Citizen heir, via a Sweet Will, thereafter the biological death of an e-Citizen Testator.

Content including written text, electronic or otherwise, footage, audio or imagery (video or pictorial, including drawings or paintings) that could potentially be upsetting to some individuals, including any of the following:

(a) Objectionable content;

(b) Harmful content;

(c) Unlawful content;

(d) Violent content;

(e) Disturbingly graphic content;

(f) Cruel content;

(g) Advertisement of regulated and/or controlled substances, such as tobacco or alcohol; and

(h) Data which belongs to the data owner.

A written document executed formally, that evidences, for example: terms, conditions, rights, obligations, duties and other matters.

The intentional act of an individual applying to become registered as an e-Citizen of the Sweet Economy™ and which culminates with issuance of a Sweet Certificate of e-Birth and a Sweet Economy™ e-Passport to the newly e-birthed e-Citizen, signifying e-Citizenship of the Sweet Economy™ of that individual.

The planned act of a legal person entity applying to be integrated into the Sweet Economy™ and which culminates with that legal person entity being Licensed as an LP-Entity of an Ecosystem.

A particular geographic area over which a particular authority extends; legal authority; the authority to hear and determine causes of action. This includes, but is not limited to, defined legal authority of governments, counties and cities.

The plural of LP-Entity.

The authorized term given to a Licensed legal person entity which has been granted a License, by an Ecosystem S-Operator, to conduct business activities and trade within the Economy.

An entity, business or otherwise, to which statute law and/or common law (where applicable) attributes a type of ‘personality’ that may enter into a contract. That entity may include, but is not limited to, a legally incorporated business, enterprise, partnership, organization, company, corporation, also known as, an artificial person; ‘juristic’, ‘fictitious’; ‘legal fiction’.

An obligation or duty, and/or an amount of cash owed.

Permission granted to an LP-Entity or e-Citizen by, inter alia, an s-Administrator, S-Operator or other approved and authorized appropriate Licensed Agent of the Economy or an Ecosystem, to exercise a certain privilege, such as, permission to conduct business activities and trade within the Economy or to operate as a Licensed Agent. The certificate or the document itself - the License which confers permission to engage in otherwise prohibited conduct.

An e-Citizen, or LP-Entity, which is granted a License to operate within the Economy, or an Ecosystem, to exercise a certain privilege and function as, for example, an s-Administrator, or an s-Notary, or an S-Operator.

LP-Entities may not be authorized as Licensed Agents when any such License specifically relates to actions and/or value judgements which must only be undertaken by an e-Citizen, for example, the official activities of an s-Notary; to witness and authenticate documents and administer oaths etc.

The legal status and condition that result from a contract by which one male individual and one female individual, who had/has the capacity to enter into such legal agreement, agree to live together in the relationship of Husband and Wife in law for life, or until the legal termination of the legal relationship.

An LP-Entity member or an e-Citizen member of an Ecosystem which uses an Ecosystem’s Services and Benefits.

An e-Citizen authorized to work as operator(s), agent(s), representative(s), employee(s), operative(s) or delegate(s), for and on behalf of the member.

The plural of member. Other members of an Ecosystem.

The state of being a member.

Children of the parents spoken of, by natural procreation. Children born from within a marriage.

The amount of cash Harvested from a settled Sales Transaction subsequent to the deduction of Harvest Fees.

A network economic phenomenon that occurs when the value of a product or service increases to each member as the number of members increases. Network effects are typically positive, resulting in members deriving more value from a product or service as other members join the same network.

A Sales Transaction with a party as Buyer or Seller (individual or legal person entity) outside of the Economy jurisdiction.

Providing information; knowledge of some, or certain, facts, or of a particular state of affairs. The formal sending and receipt of electronic written communication, predominantly via the Economy Application and/or Ecosystem Application, which is intended to provide specific information.

The Member’s Ecosystem or Sweet Economy™ notification methods that the Member has indicated they want to use for Ecosystem and/or Sweet Economy™ notifications and notices, including those built into Ecosystem Applications or Economy Applications and as further particularized in the Economy Notification and Notice Methods.

A course of action which is required to be taken. It is a duty, usually lawful and/or moral and of one’s choosing to undertake (to do, get done, perform, finish, complete) a course of action.

An e-Citizen’s child or children. A child or children of a parent or parents.

The absolute right, vested in an e-Citizen, to exclusive enjoyment of some thing based on rightful title. The entirety of rights of possession, use and disposal allowed, if and where applicable, by the Sweet Economy and/or by law. To have a legal title coupled with exclusive right to possession. Mere possession is not ownership.

An e-Citizen who is a natural (biological) mother or father of a child; offspring or an e-Citizen. An e-Citizen who adopts a child, or who formally acts as guardian; a protector of a child, for example, a grandparent or another family member. Parents is the plural of parent.

Related to Sweet Will inheritance, when there are multiple sets of parents, the parent(s) who had custody of a child most recently are considered the parent(s).

Particularly for the purpose of Sweet Will inheritance, a guardian or protector of a child who is a foster parent or state/ government agency shall not be considered a parent.

An e-Citizen, LP-Entity or in some instances an Ecosystem.

Each party bound by, inter alia, an agreement, transaction, Sweet Economy or an Ecosystem Dispute Resolution Process, or legal proceedings issued in a particular legal jurisdiction.

The relationship which exists between individuals, legal persons, or both, carrying on a business activities in common with a view of profit or benefit.

Any individual, including but not limited to an e-Citizen, or a legal person, including but not limited to an LP-Entity.

The passing of sufficient value, usually a specified amount of cash, from payer to payee in satisfaction of some debt, obligation or liability.

the passing of sufficient cash and, if applicable, Seed, from payer (Buyer) to payee (Seller) in satisfaction of some debt, obligation or liability.

The completion of an act. An act in precise and exact accordance with the terms and conditions of a contract.

A laptop, tablet, smartphone or personal computer (PC) owned by, and/or in the legitimate possession of an e-Citizen.

Individuals, not possessing e-Citizenship, or e-Citizens whom the Economy considers poor. The poor may include the needy, destitute, poverty-stricken, significantly lacking financial or other means of subsistence, having little or no money/cash, and include those who are otherwise vulnerable and/or not able to care for themselves (including, among others, widows, widowers, orphans, those with ‘Special Needs’ (or additional needs)).

A represented value relating to a sale of goods and/or services between parties. This is typically, but not necessarily, a number denominated by a numbered amount of cash.

The agreed highest level or uppermost method of general conduct which a Participant aims to engage and operate with in all their dealings within the Sweet Economy™.

The Principle of Favour is a constitutive, enabling principle of the Sweet Economy™ and an essential part of e-Citizenship and Membership of any Ecosystem. In all of a Participant’s dealings within the Sweet Economy™, each Participant is required to aim to engage with, operate with and treat all other Participants better than the Participant would reasonably expect or prefer to be treated.

The lowest level or rudimentary method of general conduct which a Participant agrees to engage and operate with in all their dealings within the Sweet Economy™.

The Principle of Reciprocity is a constitutive, enabling principle of the Sweet Economy™ and an essential part of e-Citizenship and Membership of any Ecosystem. In all of a Participant’s dealings within the Sweet Economy™, each Participant is required to engage with, operate with and treat all other Participants as the Participant would reasonably expect or prefer to be treated.

(The Principle of Reciprocity is not only central to fundamental ethics and general conduct expected of all Participants, but forms a basis of Reflective Reciprocity which underpins all Dispute Resolution Processes. In that arena the term Reflective Reciprocity provides a benchmark criteria for exercising fairness by a Sweet Economy™ authority (either a Primary Ecosystem or the Sweet Economy™ e-Court) in the process of arbitrating and making a binding decision concerning a dispute or claim)).

A legal person, including a respective Member Representative of a legal person, who or that has expressed an interest in becoming a Member of an Ecosystem but has as yet not agreed to an Ecosystem LP-Entity Membership Agreement.

To buy; the transfer of property (including property rights and/or ownership) from one Participant to another Participant of the Economy by agreement. For example, the payment of cash, or cash with Seed Credit for goods or services purchased within the Sweet Economy™.

The automated Economy process by which value, in the form of an amount of Seed, is awarded, transferred to and received by a Participant of the Economy.

Reaped Seed is sourced via CROP Harvested from a Participant’s settled Sales Transaction in the Economy. The CROP Harvested is then transferred to, and stored in the Economy CROP Storehouse. Once a month, the Economy calculates the applicable amount of stored CROP to be allocated to Seed, which is then proportionally divided and distributed between owners of Yield, according to the respective Square’s Cultivation status.

Seed which the Economy transfers to/is received by a Participant, as a direct result of this process, is that Participant’s Reaped Seed.

The collection of enforceable entitlements which an e-Citizen, individual, a Participant, the Sweet Economy™, an Ecosystem, legal person, LP-Entity Member may possess and which are protected under a Sweet Economy™ or Ecosystem agreement and also by governments and their courts of respective legal jurisdictions. That to which a legal person or individual has a just and lawful claim.

A period of 12 consecutive (Gregorian calendar) months determined on a rolling basis with a new 12-month period beginning on the first day of each successive calendar month.

(a) An executed Seller or Buyer Royalty Agreement between an e-Citizen and the Economy or an LP-Entity and the Economy, which includes a Seller sales promotion Royalty Agreement, or (b) An executed Ecosystem Royalty Agreement between an e-Citizen and an Ecosystem or between an LP-Entity and an Ecosystem, which also includes a Seller sales promotion Royalty Agreement.

A Seller Royalty Agreement is mandatory (as a minimum, in the form of a Default Seller Royalty Agreement), whereas, a Buyer Royalty Agreement is not, they are voluntary.

The principal function of a Royalty Agreement is to define an amount of CROP (CROP is an agreed percentage (up to 100%) of a Base Sales Transaction’s value, but not less than 2% of that Base Sales Transaction’s value) which the Seller or Buyer defines and allocates to be Harvested by the Economy from their respective purchase or Sales Transactions.

Only e-Citizens and LP-Entities may agree and enter into a Royalty Agreement.

The same as sell.

A represented value of a Sales Transaction. This is typically, but not necessarily, a number denominated by a numbered amount of cash, following the application of any discounts or credits. For example, an agreed sale price of a product or service after applying a relevant discount coupon to that sale price (such discount coupons do not include Seed).

The same as Economic Activity.

The magnitude to use in a round up operation. If the scalar is 0.25 and the number to be rounded up is 1.13, then the value of 1.13 is divided by (the scalar) 0.25 (1.13 / 0.25 = 4.52), to yield 4.52 and which is then rounded up to 5 and multiplied by 0.25 (0.25 x 5 = 1.25) to provide an ultimate value of 1.25.

The size of the Economy which, as it grows and increases in diversity, becomes more stable and more difficult to disrupt. As the Economy expands in accordance with an increase in the total number of Participants, the total Economic Activity and/or diversity of geographies, industries and currencies, the risk of disruption is reduced.

A Sweet Economy™ reward discount point. Until redeemed, the reward discount point is the holder’s digital record of a right to a discount when Buying goods or services from a Participant in the Sweet Economy™. Each reward discount point is equal to a discount worth of one unit of a designated form of cash to be used in a future purchase. For reasons of simplicity, a Participant's Seed Credit is recorded using the same number of reward discount points as the discount value, the reward discount points are synonymous with the corresponding units of designated cash which a Participant has indicated they wish to use when Buying goods or services in the Sweet Economy. Participants may convert the number of reward discount points to another unit(s) of cash (for example, USD to GBP), to be redeemed with a future purchase, whenever they wish.

For example, if a Participant conducts most of their Buying in USD, they would indicate they want each Seed Credit to be equivalent to the discount’s worth in USD. Therefore, 10 of their Seed Credit, redeemed for a USD purchase discount, would result in a $10 discount when redeemed with a purchase worth more than $10.

The Sweet Commerce™ Incentives system automatically converts the Seed Credit redeemed by the Buyer, to cash, for the Seller, when the Buyer completes a purchase by making payment.

A Participant may give Seed Credit to any Participant within the Sweet Economy™, however the recipient of such gift receives only Seed Credit, not cash.

Participants may not sell their Seed Credit. Seed Credit is simply a right to a discount which is provided as a reward for Buying within the Sweet Economy™, which is designed to encourage more Buying within the Sweet Economy™.

To transfer possession and ownership of goods or other property, or the provision and sale of services, for cash or something of equivalent value.

An individual or legal person who sells; a vendor.

The list of goods, services and resources that are offered by:

(a) the Sweet Economy™, exclusively via e-Citizenship in the Sweet Economy™, as defined in the list of Sweet Economy™ Services and Benefits; and/or

(b) an Ecosystem, exclusively via membership of an Ecosystem, as defined in the list of Ecosystem Services and Benefits.

A concluded transfer of value. When something of value (for example, a right in or to a product or service) is transferred between two or more parties concurrent with a corresponding transfer of value (for example, usually a payment of cash, or cash together with Seed) and which closes a receivable on a Sales Transaction, and thereby extinguishes a particular right, obligation and/or liability.

That a state of an individual’s mind is adequate to reason and capable of coming to a decision upon ordinary subjects, like other rational individuals. Competence to make contracts and perform all moral, lawful, Sweet Economy, Ecosystem and civil duties.

An individual’s husband or wife.

Economy virtual property which an e-Citizen may own. LP-Entities are not permitted to own or possess Squares. Squares are economic production units within the Economy. As such, they may not be permanently traded; transferred, purchased or sold, by their owner. Ownership of Squares is analogous to co-ownership of the Economy. A Sweet Will is the only authorised and approved process by which Squares can be bequeathed and/or inherited. Square is the singular of Squares.

To debar temporarily. For example, the temporary debarment of an individual’s e-Citizenship in the Sweet Economy™, an e-Citizen’s membership in an Ecosystem, or an LP-Entity’s membership in an Ecosystem, and which includes suspension of use of the Sweet Economy’s™ Services and Benefits and/or an Ecosystem’s Services.

The Economy certification document, issued by an s-Administrator to a successful individual applicant, subsequent to that applicant applying to become an e-Citizen of the Economy by completing, agreeing to and submitting their Sweet Economy e-Citizenship Agreement.

Rewards in the form of Squares, Yield and Seed Credit, as set out and particularised in the Sweet Commerce™ Economy Incentives.

The Sweetbridge projects open-source platform and the third-party fee-based components which synchronize data and state between LP-Entities, including businesses engaging commerce in an Ecosystem and e-Citizens of the Sweet Economy™. The Sweet Commerce™ Platform is designed to automate identity verification, contracting, orders, fulfilment, Claim Proofs, accounting, audit, attestations, payment and settlement, and to reduce data errors by performing audits in real-time, within a highly secure distributed environment and which maintains data under the strict control of its data owner. The Sweet Commerce™ Platform is also designed to reduce the ability and scope to lie, cheat, steal, and/or commit fraud in commerce by individuals acting for themselves or for, or on behalf of an LP-Entity (a business engaging commerce).

A software application that is designed to use the Sweet Commerce™ Platform via electronic personal devices such as, smartphones, tablets, or that which is hosted within a web browser on a personal computer or laptop. Sweet Economy™ Applications may be developed and provided for use by Sweetbridge, by the Sweet Economy™, or by other developers.

The individuals who have contributed to the creation and establishment of the Economy.

An electronic, cryptographically signed, official Economy document, that exists on an e-Citizen’s Personal Device and an e-Citizen’s Licensed Agent’s smart device(s).

An e-Passport contains particular information about its e-Citizen holder, which includes Claim Proofs and encrypted data about the e-Citizen including, name, photograph, addresses, biological birthdate, verified e-mail addresses, credentials, etc. all of which are validated by an s-Administrator.

Unlike various national government passports the information contained within the e-Citizen’s e-Passport is encrypted and under exclusive control of the e-Passport (e-Citizen) holder. An e-Passport may also be used to generate a unique identifier that can be used to identify the e-Citizen e-Passport holder to another e-Citizen and/or LP-Entity. Although each of the identifiers issued to a counterparty is unique, there is no single identifier or ID for the e-Citizen.

Claim Proofs are verified and are digitally signed by an s- Administrator who provides a cryptographically signed verification of the information. These Claim Proof Verifications can be used by the e-Citizen e-Passport holder to prove information about themselves without revealing the information, such as the age of the e-Citizen.

Legitimate possession of an officially issued e-Passport permits the e-Citizen holder a possibility of receiving a perpetual right to own virtual property in the Economy, such as Squares. The e-Passport may also be used to assist the e-Citizen holder in proving their identity and the validity of any claims they make with other Participants in the Economy.

An individual, or individuals authorized to work as either, agent(s), representative(s), employee(s), operative(s) or delegate(s), for, or on behalf of, a Sweet Economy s-Operator.

An LP-Entity, or an e-Citizen, respectively Licensed by the Economy s-Legislator (s-Legislator) to act as an executive branch department or Licensed Agent of the Economy, in the capacity of a Licensed s-Administrator, with authority to issue various forms of permissions to successful applicants. An s-Administrator may issue official Economy documents and Claim Proofs granting applicants a certain privilege, including but not limited to, Sweet Certificate of e-Births, e-Passports and Licenses, all of which grant permission for successful applicants to engage in otherwise prohibited conduct.

As part of the application process to become a Licensed s-Administrator, each applicant is required to post a performance bond, this will be in the form of a prescribed amount of Sweetcoin (SWC). Some or all of that posted SWC could be claimed by other s-Administrators or Auditors who provide evidence to the Economy e-Court (e-Court), providing that the evidence is found by the e-Court to show that an s-Administrator has failed to properly discharge their respective obligations under their License.

In due course, there are likely to be more than one s-Administrator operating within the Economy, this enables a distributed set of s-Administrators that actually compete with each other.

In practice, these competing s-Administrators will serve as peers and may review each other's work, the intention of which is to render corruption more difficult to attempt or commit.

The Economy’s official published list which records each currently Licensed s-Notary and their relevant contact details.

The local, national and international alliance of Economy participants - e-Citizens, LP-Entities, and Ecosystems, based on the open source Sweet Commerce™ Platform that connects participants and Ecoosystems together to provide services, opportunities, resources and value for participants of the Economy. The Sweetbridge Sweet Commerce™ Platform automates and simplifies commerce transactions - business activities - using automated contracts, automated accounting, automated risk management, automated settlement and payment which includes data security and access controls designed to protect identity, information, claims and proofs, all of which is intended to reduce error and fraud in commerce.

An Economy institution with authority, granted by the Sweet Economy s-Legislator (s-Legislator), to adjudicate disputes between participants of the Economy, including but not limited to, e-Citizens, LP-Entities and Ecosystems. Appointed e-Citizens, assembled under the direction of the s-Legislator, for the purpose of administering fairness, including but not limited to, adherence to and enforcement of Governing Principles and adjudicating the Economy’s and Ecosystems’ Dispute Resolution Policies and Procedures.

An electronically signed official Economy document, either a Default Beneficiary Plan, or a notarized (by an s-Notary) Customized Beneficiary Plan, in which the testator, an e-Citizen, explicitly declares and defines their decisions as to how their Squares should be distributed upon their biological death.

The legal person that has been created (a) to help the poor, particularly with the aims of supporting those individuals who are not able to contribute to the Economy and providing an opportunity for the poor to become e-Citizens and own Squares, and (b) to donate to other deemed respectable causes, for example, the arts and sciences.

An AXE template in the Sweet Commerce™ Platform. These templates automate the account coding of transactions in the Sweet Economy accounting system. Each transaction within the Sweet Economy, including purchase and Sales Transaction are governed by one of these templates.

From execution of the LP-Entity Membership Agreement, upon an Effective Date. Such agreement shall remain in effect for an initial period of five (5) Gregorian calendar years. Subsequent to the five (5) Gregorian calendar years the LP-Entity Membership Agreement will then remain in effect on a rolling contract basis.

To bring to an end an individual’s e-Citizenship in the Sweet Economy™, an e-Citizen’s membership in an Ecosystem, or an LP-Entity’s membership in an Ecosystem, and thus to be excluded from using the Sweet Economy™ Services and Benefits and/or an Ecosystem Services and Benefits.

An e-Citizen who makes or has made a Sweet Will; an e-Citizen who biologically dies leaving a Sweet Will that is in effect at the time of his or her biological death.

The entire amount of Seed received by a Yield owner in a current month, and which is awarded to that owner of Yield from a proportionate distribution of that current month’s allocated Seed from the Economy CROP Storehouse.

One of the predefined transactions types that defines the reason for the transaction within the Sweet Commerce™ Platform. Such types include “Revenue”, “Other Income”, “Expense”, “Asset Purchase”, “Raw Material Purchase”, “Paid in Capital”, etc.

An exchange of value expressed in monetary/cash terms between two or more Participants within the Economy, or between two or more Members within an Ecosystem.

A representation, especially in writing, made by a Seller to a Buyer, of a product or service listed in the Sweet Economy™ Services and Benefits or Ecosystem Services and Benefits, that a refund, repair, or replacement will be made if the product or service proves to be defective or unsatisfactory.

The Yield owner’s right to receive a proportionate monthly distribution of Seed, contingent upon the applicable Yield per Square. To be eligible for Seed distribution, Yield rights for the Square must remain Cultivated by business activities which reap Seed from the Yield owner’s Economic Activity.