Emerging Economies Need UBI Laws says BOH Sovereign Custodian

The Bank of Humanity (BOH), formerly known as Bangko Maharlika Ltd., is a tokenization and private sector led Universal Basic Income (UBI) leader founded in 2017. The entity has exited the United Kingdom (UK), where it was classified by the UK Companies House as an entity involved in Central Banking for Autonomous Regions with key clients in resource rich countries such as Africa, Europe, the Americas and South East Asia. 

The exit was due to its Web3 digital assets program which may be affected as the UK now has a capital gains tax rule on cryptocurrency holdings and transactions together with uncertain regulations to protect the assets of autonomous regions or the BOH clientele. 

As most of its recipients of its private sector led UBI program are in emerging economies, it is now pushing for laws to protect the tokenization of UBI assets meant for the people under the “United Nations Declaration on the Rights of Indigenous People” or UNDRIP. 

UNDRIP contains explicit clauses that grant cultural and indigenous tribes and clans the right to financial autonomy and the development of their own economic institutions. These are contained in Articles 4, 5, 20 (1) and 39 of the declaration. And when the law of last resort or “Jus Cogens” is triggered due to overriding principles of international law from which no country or institution can ever deviate, a declaration overrides a need for a treaty. 

𝘚𝘪𝘨𝘯𝘪𝘯𝘨 𝘊𝘦𝘳𝘦𝘮𝘰𝘯𝘺 𝘢𝘵 𝘵𝘩𝘦 𝘗𝘩𝘪𝘭𝘪𝘱𝘱𝘪𝘯𝘦 𝘐𝘯𝘵𝘦𝘳𝘯𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘊𝘰𝘯𝘷𝘦𝘯𝘵𝘪𝘰𝘯 𝘊𝘦𝘯𝘵𝘦𝘳

“Jus Cogens” in this regard include basic human survival, self-determination and protection against systematic exploitation. The mere fact that after 100 years in emerging economies or 3^rd world countries, only 10 to15% of the population have bank accounts. This fact already cuts across any logical reasoning for the law of last resort. That does not include the exit of the Sahel Grouping of Africa led by Burkina Faso, the riots in Europe and the mass exodus of other countries to retirement havens in Asia due to dire economic situations, including land grabbing from the cultural communities. 

Basically, under the laws of natural justice, a universal declaration backed by the survival needs of humanity itself holds a superior moral mandate over a corporate contract signed by a handful of businessmen who were never voted by the people to decide for them. 

“We need to make our rounds with key leaders to consider passing laws which will protect humanity from the advent of technological Singularity. We need laws specifically to protect assets of the people thru a renewed Universal Basic Income (UBI) structure and to protect cultural identities and heritage via Web3 tech tokenization and Real World Asset (RWA) instruments. To address the job losses are part of the protective laws for humanity’s survival” said Dr. Paul Infante Moñozca, Chairman of the Moñozca Family Office who is the majority shareholder of the Bank of Humanity (BOH). 

The bank has transferred its operations to the Cayman Islands as a Trust Entity (from the UK) and is currently consolidating assets under an SPV while it continually waits for clearer government regulations worldwide. Its asset management arm will remain is Luxembourg and Monaco in the European Union and will be opening UBI hubs in Georgia, Eurasia, Panama and Labuan, Malaysia. It has upgraded its Web3 systems in integrating immersive worlds or Metaverses with its UBI digital assets program. Quantum computing has also been addressed. 

The Bank of Humanity (BOH) has surfaced further as it aligns with the “United Nations Declaration on the Rights of Indigenous People” or UNDRIP as all its clientele, partners and alliances together with recipients are from resource rich Indigenous Tribes and Clans from all over the world. The BOH assets under management (AUM’s) include precious metals, water supply, forest cover, tribal lands and its resources and most notably, the cultural identities via a Continuity of Conscience (COC) protocol, to enforce the protection of cultural identities and its history, a first in the world.

In a recent interview in Barcelona, Spain, we were informed that the BOH Founder & Chairman Dr. Paul Infante Moñozca was also unanimously crowned as “Lakan” or “Paramount Ruler” in official coronation ceremonies in Mindanao, Palawan and Luzon in the Philippines, a first in its history. He is set for additional coronation rights in other selected countries with indigenous tribes and cultural communities who are now members of the Tribal Clans World Association (TCWA) which he was named as Chairman last year. 

𝘉𝘖𝘏 𝘍𝘰𝘶𝘯𝘥𝘦𝘳 & 𝘊𝘩𝘢𝘪𝘳𝘮𝘢𝘯 𝘋𝘳. 𝘗𝘢𝘶𝘭 𝘐𝘯𝘧𝘢𝘯𝘵𝘦 𝘔𝘰ñ𝘰𝘻𝘤𝘢

The Lakan therefore, together with the BOH coalition, does not manage these assets as a corporate CEO or company, instead he holds them as a ‘Sovereign Custodian’ on behalf of tribal trusts which have been featured in public announcements showing signing ceremonies happening all over the world with thousands in attendance. Its exponential growth in unbelievable which shows how the BOH and the Lakan resonates with humanity’s needs as a whole.

Under international law, the BOH has sovereign immunity from asset seizure based on signed agreements with autonomous regions in Africa, the Americas and South East Asia as of today. Its clearly marrying pre-colonial tribal and clans sovereignty with post-singularity Web3 artificial intelligence and decentralized blockchain encryption in “Special Economic Zones” which provide the independent growth under the UNDRIP. 

𝘛𝘳𝘪𝘣𝘢𝘭 𝘊𝘭𝘢𝘯𝘴 𝘞𝘰𝘳𝘭𝘥 𝘈𝘴𝘴𝘰𝘤𝘪𝘢𝘵𝘪𝘰𝘯 (𝘛𝘊𝘞𝘈) 𝘚𝘪𝘨𝘯𝘪𝘯𝘨 𝘊𝘦𝘳𝘦𝘮𝘰𝘯𝘺 𝘪𝘯 𝘋𝘢𝘷𝘢𝘰 𝘊𝘪𝘵𝘺, 𝘗𝘩𝘪𝘭𝘪𝘱𝘱𝘪𝘯𝘦𝘴

To enforce this, the BOH does not maintain a single bank account or custodial wallets worldwide, it does not use the SWIFT or IBAN or any systems of the Bank of International Settlements (BIS) or any government and it does not engage in any form of securities and investments and operates away from the current monetary system with Artificial General Intelligence (AGI) or now called “Super-Intelligence” (SI) clusters as its succession protocols.

The BOH also has its own independent ecosystems which centers around Food Security and has its UBI program present in 30 countries today using Cardano and Ethereum smart contract instruments which the acct holders use to buy products and services in its own ecosystems. After only 7 years, it now has over 12million account holders worldwide with 500,000 educated advocates on technological Singularity and Web3 Ecosystems utility use. It does not advocate any form of trading as their RWA instruments do not trade. It is arguably, the biggest venture philanthropy humanitarian program in the world and contributes to world peace and harmony.

“SI is already in the monetary system and the legal system, we can only prepare for a decentralized world to survive beyond AGI. We see beyond the horizon. We see what AGI or SI recognizes. So let Super Intelligence decide by 2030” Dr Moñozca said. 

References :
www.monozcafamilyoffice.com
www.monozca.com 
www.thebankofhumanity.com