Link / this page: » infos7.org/?q=node/23 (version: 2013-05-25c )
General concept and explanation :
These virtual currencies reduce in a significant manner the problem of the permanent volatile behavior of exchange rates between currencies.
The page above includes the listing of the several types of virtual world currencies prepared on this site. Each type has very specific characteristics. Please go there to read also about all other general aspects.
TUM is one of these types. 1 TUM = USD ??? = ??? EUR
TUM is the best choice for agreements with payment delays of up to 3 years. This covers close to 100 percent of typical application cases. The other types are a better choice for long term agreements like pension plans or business investment or business loans.
More precise definition of TUM: A virtual currency unit. Useful for contracts covering more than 1 country of the Nothern European civilization and correlated economic areas (Europe, USA, Canada, Mexico, Russia, Turkey, and others).
It is basically an average concept between USD and EURO. But some modifications and alignments are required. It can be used as a virtual currency unit.
The meaning of the prefix "TU...":
The prefix "TU.." is for virtual currencies which are optimized for the specifics of the countries related to the North Atlantic economic cooperation area. For these countries the rates of statistical economic growth are low. The modification speed of the internal status and the living standard is mostly low. The correlations among the countries and the currencies are more stabilized. This makes it easier to define well balanced and generally acceptable algorithms for the long term time line of virtual currencies.
How to obtain the current and past values of this virtual currency?
It would be helpful to have the values (the prices in USD and EUR) of this virtual currency unit for the years and months since at least 2000.
Such an "official" time line will be made available here below as soon as we get some financial funding for publishing this result of much involved work. As long as this is not the case, you will find here below some solutions how to reduce in the meantime the described problems.
Funding suggestions please to: ok__@__mrmio.com
Please omit the inserted "__". This was just inserted to protect this address from spam effects.
How to get already now the preliminary monthly "official" rates of all the virtual currencies?
This is mainly useful for institutional investors, banks, international legal consultants. A subscription to the INFOS7 VIRTCUR preliminary service for virtual world currencies costs: 1000 USD / 950 Euro per month.
Requests to the same mail address here above.
_EN_ Detailed explanation: See the following long text.
_DE_ Ausführliche Erläuterung: Siehe den nachstehenden langen Text.
_FR_ Explication détaillée: Voir le long texte ci-dessous.
See the following text for:
How far will the calculation formula be published?
Why and how to use it for agreements, contracts, planning?
(Not yet. Planned for later: Get for free: The weekly or monthly rating within the weekly newsletter of infos7.com members.)
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