AO/BA Digital Utility: How it works?

AOBA Digital Utility: AO and BA Credits Explained

AO and BA Credits are non-monetary utilities within AOBA’s closed-loop, permissioned ledger system, designed to support validation and rewards in the ecosystem. AO Credits are for business participants, while BA Credits are for consumers. Both have no cash value and are usable only within AOBA.

AO Credits

How AO Credits Work?

AO Credits are issued upon verification of ecosystem activities, such as shipment or quality checks, through proof submission (e.g., documents, photos). The ledger records these immutably, allowing participants to offset mutual obligations via netting (e.g., bilateral or multi-lateral calculation of nets). This process uses an algorithm to reduce administrative steps, with optional third-party review for high-value claims.

Benefits of AO Credits

Participants can use AO Credits to track validated contributions and facilitate internal settlements without cash transfers. This may help address traditional cross-border hurdles like fees or delays for small entrepreneurs. The system is provisional patent-pending and focuses on transparency within the ecosystem.

BA Credits

How BA Credits Work?

BA Credits are earned by consumers for actions like product purchases, feedback, or sustainability tasks (e.g., uploading tree-planting proof). Credits accumulate in a personal wallet and can be redeemed for defined perks, such as discounts or samples, set by participating producers.

Benefits of BA Credits

Consumers receive recognition for engagement, which may encourage loyalty and participation in ethical practices. For producers, it provides a tool to gather feedback without direct costs. Redemption is limited to ecosystem perks, supporting community involvement.