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“Truth can only exist
between two or more people,
a single person’s ‘truth’
can never be truthful
because it cannot be verified,
each person’s conceptions are different
and the truth inevitably appears when they meet”
Lio
– founder –
Los Angeles, CA 90033 – 07/01/2022
WE ARE PROPELLING
THE ERA OF SOCIAL BUSINESS
Social Business was defined by Nobel Peace Prize laureate Professor Muhammad Yunus defining a business as:
+ Created and designed to address a social problem.
+ A non-loss, non-dividend company, i.e.
+ It is financially self-sustainable and
+ Profits realized by the business are reinvested in the business itself (or used to start other social businesses).
+ It has the aim of increasing social impact, expanding the company’s reach, improving products or services or in other ways, subsidizing the social mission.
Unlike a profit-maximizing business, the prime aim of a social business is not to maximize profits (although generating profits is desired). Furthermore, business owners are not receiving any dividend out of the business profits, if any.
On the other hand, unlike a non-profit, a social business is not dependent on donations or on private or public grants to survive and to operate, because, as any other business, it is self-sustainable.
Furthermore, unlike a non-profit, where funds are spent only once on the field, funds in a social business are invested to increase and improve the business’s operations on the field on an indefinite basis. Per Yunus: “A charity dollar has only one life; a social business dollar can be invested over and over again.”
Philosophically, social business is based on what Yunus identifies as the two basic motives of human beings, selfishness and selflessness. Selfishly, people do seek profit through business; however, social business is also based on the latter motive people by performing philanthropic services, like establishing churches, mosques, synagogues, art museums, public parks, health clinics or community centers. For Yunus, the profits made through a social business’s operations are less important than the beneficial effects it has on society.
More recently a wider body of academic research has looked at how the blockchain and specifically smart contracts can support the development of the social business concept. Researchers are of the view that the Blockchain alongside smart contracts can act as a catalyst for sustainable social business.
Grameen Bank in Dhaka, Bangladesh, “Bank for the poor”, was founded in 1976 by Muhammad Yunus using a social business model.
Verum Veritas
= Global Authority on Certification of the Truth =
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Digital Certification of the Truth for documentation, art and files.
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Certification of the Truth Seminaries.
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Personal, Business and Institutional level, Certifications of the Truth.
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Worlwide legal iniatives for Certification of the Truth: Constitutional and Corporate legal framework.
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Ecological, 100% digital. We promote a zero paper policy for the emission and transmission of Certifications of the Truth.
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Our entire infrastructure and software are NEVER connected in any form to mainstream platforms, nor we share information with them under any excuse, specially in relation to military and or intelligence operations such as Amazon, Google, Apple; NEITHER our members, personnel or any of our operatives because for us this NOT only of a professional, personal or moral character, this is part of our RELIGIOUS belief.
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The importance of truth; reach and impact of the Verum Veritas project.
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Institutional validation and evaluation: Our responsibility with society and people.
We are the path
from negativity, deception and superstition
towards truth
because we make it legal and soon in blockchain
with a global vision to unite humanity
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