Digital Euro Might Shape the Future of Money, Online Industrial Exchange, Themis Ecosystem, May Lead the Digitalization of Tangible Goods

In recent times, the digital euro and the digitization of global currencies have become prominent topics as central banks and governments worldwide explore the possibilities of digital money. This development opens the doors to a new era of payments and has significant implications for the global economy.

At the forefront of the currency digitalization revolution is the European Union, which is actively developing the digital euro. This electronic form of the euro is intended to coexist alongside physical banknotes and coins. The primary objective is to enable consumers and businesses to easily utilize digital payment solutions while maintaining currency stability and trust. The European Central Bank (ECB) is leading this project and has already successfully conducted prototype tests. They are planning more extensive trials to refine its implementation in the coming year further.

However, currency digitization is not limited to Europe alone. China has been at the forefront of this movement with its digital currency, e-yuan, which is already undergoing trials in several cities.

130 other countries, including the United States, Canada, Australia, and others, have also expressed interest in currency digitization, reflecting the growing needs and technological advancements that improve payment systems and drive innovation in financial technologies.

The digital euro and the digitization of global currencies represent a transition into a hard-core digitalization era. Currency digitization is on the horizon and will have long-term consequences for the global economy.

In the future, we can expect further development of digital currencies and their wider adoption worldwide. This trend will revolutionize the way we conduct transactions and utilize money. Additionally, we anticipate more financial technology innovations, creating new business models and opportunities.


Themis Ecosystem is quietly working on the digitalization of tangible goods

A logical step forward from the digitization of money is the digitization of products and raw materials. Digitalization and putting tangible products on a common denominator offer a huge step ahead, a direct exchange of each other. However, this step is not so easy. “It took many years to develop the idea, found all missing elements, and put moving parts together in a stable and logical environment. Today, we are very proud of our Online Industrial Exchange or OIX, enabling all that we had in mind and even more,” said Roberto Hroval, the founder of the business environment called Themis Ecosystem, of which OIX is also a part.

Online Industrial Exchange operates on essential characteristics as any other commodity exchange, although it works independently from all of them. But it also offers some significant innovations.

The first difference is the unit of measurement. The team invented a new unit, the Industrial Raw Material Unit or IRMU, to bring all products and raw materials to a common denominator. In the beginning, this unit was called Industrial Token. To not be confused with cryptocurrencies and coins, the teams renamed it.

IRMU is a special e-voucher, nominated in USD, into which all tangible products are converted. As a result, IRMU enables a direct comparison between products and also their direct exchange.

One of the specialties of the IRMU is its structure. One part of it reflects the price of the technology’s final product—for example, green electricity. The second part of IRMU covers CO2 reduction. So in a way, IRMU is a combination of traditional product – although in digital form – and CO2 coupon. The latter is a well-known way to monetize carbon emissions negativity for companies.


Not every project can join Themis Ecosystem

As every exchange needs products to trade, OIX is very selective. All products must be verified by the Themis Ecosystem (TE) first to fit its high standards. For that purpose, TE developed a strict evaluation system.

The technology that wants to join TE and consequently offer its products via Online Industrial Exchange must solve a pressing global, long-term problem in the essential economic categories such as alternative energy, waste management, medicine, food, transportation, IT, housing, etc.

The approach and solution should be unique, adapting to a new, nature-preserving age, and in demand for at least several decades ahead. It must be prepared for scaling. However, it shouldn’t be in an idea phase but verified, not only for technical superiority but also for making a profit.

The second requirement is carbon emission negativity. The process must reduce the harmful gas CO2, creating an environmentally sustainable impact. Every technology must obtain a Life Cycle Assessment (LCA) study for its process, revealing whether it pays off from several aspects.

Yet another requirement for listing on OIX is converting final products into an agreed number of IRMUs that will never increase. When the company scales – another requirement – the newly produced items are added to the existing IRMUs, boosting their price.

Consequently, IRMU price is aimed to go up in general.


A third Themis Ecosystem technology will join the two existing ones

So far, Themis Ecosystem has confirmed and accepted only two projects, also called the drivers. The first one is Project Phoenix8 which transforms plastic waste into green electricity with high economic efficiency and no emissions.

The second driver is Biomass Ultima, a unique innovation for making green electricity and organic carbon from wood waste. Again, with extremely high efficiency and without any emissions. Both technologies are highly CO2-negative and help remove harmful gas from the air.

Now, Roberto Hroval announced that the third technology is coming. “It is municipal sludge treatment technology that can treat 15,000 tons of smudge annually. We have already conducted and approved all the necessary tests,” he revealed and described the process.

Municipal smudge is a huge problem all around the world. The only workable solution so far is incineration, which is environmentally objectionable and expensive.

This new technology, however, uses a different solution – the carbonization process, which first removes 90% of the water from the input material, thereby reducing the volume.

As a result of the drying, 3,000 tons of usable material remain from 15,000 tons of waste, which represents an exceptional solution. Dry matter is then carbonized into a sand-like material. It is free of heavy metals, pH neutral, and can be used as a building material; for example, for filling terrain or making extremely stable bricks for construction.

That way, the weight of waste has been reduced by five times, and the final product is faultless and sellable.

Hroval explained: “This technology represents a high added value to urbanization processes, as it is necessary to maintain a healthy environment. The process takes place without any odors, takes a lot of CO2 from the environment, and offers new green workplaces. It works without any emissions into the air or water. In addition, the project is highly profitable.”

Negotiations for the third driver´s installation in Europe start this September. It is expected to boost the whole ecosystem and add new value to the system.


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