Global Bitcoin Council Decree

Date: 27 of September, 2024

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Establishment of the Global Bitcoin Supply Chain Consortium

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Preamble:

Recognizing the excecutive potential of Bitcoin technology in realizing global commerce, the Global Bitcoin Council (GBC) hereby decrees the formation of a worldwide consortium. This consortium aims to unite bitcoin-friendly nations, businesses, and stakeholders across all supply chain sectors, fostering a harmonized commerce layer atop the internet infrastructure. By connecting all players on an equal footing, we endeavor to enhance efficiency, transparency, and inclusivity in international trade.

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Article 1: Objectives

1. Global Recruitment:

• Recruit one bitcoin-friendly entity from each of the 50 identified supply chain roles in each of the +197 countries and territories.

1. Network Establishment:

• Create a robust network of nations, businesses, and stakeholders committed to utilizing Bitcoin as a medium of exchange in international commerce.

1. Harmonization of Practices:

• Standardize the use of Bitcoin across all supply chain activities, ensuring seamless interoperability and collaboration among members.

1. Innovation and Growth:

• Promote technological advancement and economic growth by integrating bitcoin solutions into global trade operations.

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Article 2: Membership Criteria

1. Eligibility:

• Entities must be legally registered and operating within their respective countries.
• Demonstrated experience in their supply chain role.
• A proven commitment to adopting and promoting Bitcoin-friendly practices.

1. Compliance:

• Adherence to international laws, including Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
• Commitment to ethical business practices and corporate social responsibility.

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Article 3: Structure of the Consortium

1. Representation:

• Each country will have representatives from the following 50 supply chain roles:
  • Exporters (Sellers)
  • Importers (Buyers)
  • Freight Forwarders
  • Transportation Providers
  • Port and Terminal Operators
  • Customs and Border Protection Authorities
  • Government Regulatory Agencies
  • Financial Institutions
  • Insurance Companies
  • Inspection and Certification Bodies
  • Chambers of Commerce
  • Legal and Compliance Services
  • Logistics Service Providers
  • Technology and Software Providers
  • Packaging and Warehousing Services
  • Trade Promotion Organizations
  • Standards and Certification Organizations
  • Market Research and Consulting Firms
  • Financial Service Providers
  • Security Services
  • Labor and Employment Services
  • Environmental and Social Responsibility Services
  • Education and Training Providers
  • Media and Public Relations
  • Emergency and Risk Management Services
  • Non-Governmental Organizations (NGOs)
  • International Organizations
  • Research and Academic Institutions
  • Tax and Duty Authorities
  • Equipment and Asset Providers
  • Maintenance and Repair Services
  • Energy and Fuel Suppliers
  • Intellectual Property Offices
  • Cultural and Language Services
  • Arbitration and Mediation Centers
  • Economic and Policy Advisors
  • Automation and Robotics Providers
  • Telecommunication and Satellite Services
  • Innovative Technology Developers
  • Data Analytics and AI Firms
  • E-commerce Platforms
  • Event and Trade Show Organizers
  • Policy and Regulatory Bodies
  • Credit and Collection Agencies
  • Commodity Exchanges
  • Demurrage and Detention Service Providers
  • Environmental Services
  • Legalization and Notary Services
  • Anti-Counterfeiting and Brand Protection Services

1. Governance:

• The consortium will be overseen by an Executive Council elected from among its members.
• Specialized committees will address key areas such as technology, legal compliance, finance, and outreach.

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Article 4: Roles and Responsibilities

1. Members:

• Actively participate in consortium initiatives and meetings.
• Implement Bitcoin-friendly policies within their operations.
• Share knowledge and best practices with other members.

1. GBC:

• Provide support and resources to members.
• Facilitate communication and collaboration across the network.
• Advocate for favorable regulatory environments globally.

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Article 5: Implementation Strategy

1. Phase 1 – Recruitment:

• Identify and approach potential members in each country.
• Establish partnerships with existing bitcoin and legacy organizations.

1. Phase 2 – Integration:

• Develop a unified technological platform utilizing the Bitcoin network.
• Provide training and resources for seamless adoption.

1. Phase 3 – Expansion:

• Launch pilot projects to demonstrate the efficacy of Bitcoin in supply chain operations.
• Scale successful models across the consortium.

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Article 6: Collaboration with External Entities

1. Governments:

• Engage in dialogue to promote understanding and supportive legislation for Bitcoin usage.

1. International Organizations:

• Partner with entities like the World Trade Organization (WTO) to align objectives.

1. Communities:

• Foster relationships with local communities to encourage grassroots support.

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Article 7: Compliance and Ethics

1. Regulatory Adherence:

• Members must comply with all relevant local and international laws.

1. Ethical Standards:

• Uphold principles of transparency, accountability, and integrity.

1. Dispute Resolution:

• Establish arbitration mechanisms for resolving intra-consortium conflicts.

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Article 8: Monitoring and Evaluation

1. Performance Metrics:

• Regular assessments to measure progress against objectives.

1. Reporting:

• Annual reports detailing achievements, challenges, and financial statements.

1. Continuous Improvement:

• Adapt strategies based on feedback and changing global dynamics.

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Article 9: Amendment Procedures

• Amendments to this decree can be proposed by any member and require a two-thirds majority vote for adoption.

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Conclusion:

Through this decree, the Global Bitcoin Council commits to pioneering a new era of international trade. By uniting diverse supply chain players under a common, bitcoin-friendly framework, we aim to create a more equitable, efficient, and technologically advanced global commerce system.

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Authorized by:

Chairperson
Global Bitcoin Council

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Note: Entities interested in joining the consortium are invited to contact the GBC Secretariat at secretary@globalbitcoincoincil.org