The beginning:
In 2012, 50 of the world’s leading experts in law, regulation, economics, technology, user experience, communications, governance, and banking convened to tackle a pivotal question:
“What does it take to actually deliver all the promises, visions, and hype that proponents of cryptocurrency have championed for years?”
This question exposed the failures of blockchain-based cryptocurrencies to provide stability, trust, and accessibility. It also sparked a movement toward creating a financial future rooted in intrinsic value, ethical governance, and consumer empowerment.
Forming the development team:
By 2020, Pegisai Global and Pegisai USA were established to begin developing Asset-Integrated Digital Money (AIDM)—a groundbreaking mechanism designed to unlock up to $4 quadrillion in value from underutilized and incapacitated global asset pools. These neglected assets, such as idle natural resources, dormant intellectual property, and unused industrial capacity, had been ignored by traditional financial systems. AIDM would bring these assets into productive use, breaking the dominance of too-big-to-fail banks, central banks, and hedge funds. It also aimed to eliminate dangerous financial instruments like credit default swaps, which posed systemic risks to the global economy.
The journey accelerated in April 2022 when Pegisai issued warnings about intellectual property theft in cryptocurrencies, emphasizing the need for strong IP enforcement to protect consumers and financial innovation. Later that month, Pegisai cautioned against Central Bank Digital Currencies (CBDCs), warning of their risks to monetary stability. These events underscored the importance of ethical innovation. By August of 2022, the Alkaimi ecosystem had emerged.
The Alkaimi Ecosystem: from theory to functionality.
In May of 2023, the ecosystem achieved a major milestone with the licensing of DSEV, solidifying compliance and establishing operational momentum by granting DSEV the global right and duty to enforce Pegisai’s intellectual property rights globally. This allowed Alkaimi’s designers to focus on functionality and improve products without concerns about the unlawful conduct of competitors.
In late May of 2023, Alkaimi’s design team engaged in strength testing of the various products, technologies, and operating systems required to operate this emerging global economic powerhouse. By mid-June of 2023, Alkaimi designers announced they had “successfully completed the first testing phase for the Alkaimi network. In collaboration with its first four independent, licensed decentralized clearinghouses (later named licensed providers), Pegisai has achieved a significant milestone in bringing Alkaimi, a groundbreaking transaction network and payment system, closer to global public availability.”
The June 2023 announcement also foreshadowed the work that the first four licensed providers would begin operating a decentralized network responsible for creating, auditing, and validating DTAs. This licensed provider framework formed the Nexus of Value, ensuring trust, stability, and scalability. Independent providers operated competitively and served consumers (Vault account holders) and issuers (corporations, projects, and asset holders). This structure expanded global trade, increased issuer diversity beyond the 171 global currencies, and drove economic inclusion.
At the heart of the Alkaimi ecosystem is the Vault application, which, upon deployment, provides consumers with access to the Alkaimi network’s Nexus of Value. This decentralized Vault matrix redistributes value by embedding encrypted drawing rights, empowering Alkaimi users to participate in income-generating operations.
Through their individual Vaults, consumers can manage assets, make payments globally, and benefit from the success of DTAs, which were fully insured, income-producing monetary items usable anywhere credit cards, cash, or ATMs were accepted.
Viewing a historic achievement:
The Alkaimi Ecosystem has already transformed global finance by accomplishing what cryptocurrencies could not. In the third quarter of 2024, Alkaimi providers proved that Pooled DTAs served as a world reserve currency surrogate, facilitating stable global trade.
This proof-of-concept operation reached a historic milestone by restoring intrinsic value to the financial order. It shifted economic power from monopolistic entities to consumers, decentralizing wealth and fostering equity. The system proved its viability for large-scale trade operations supporting economic expansion, productive ventures, and corporate growth.
Looking forward into 2025.
As Alkaimi deploys globally, due to consumers, issuers, and the Alkaimi ecosystem begins to reinstate intrinsic value into the global economic system, governments are incentivized to adopt ethical practices. These practices include reducing the national debt, responsibly managing infrastructure, avoiding fiat overproduction, and discouraging war and economic manipulation.
Due to consumer engagement through Alkaimi, corporations will prioritize consumers delivering superior products and services. Corporations, through building better products and meeting consumers demands, will view customers as stakeholders in corporate success through DTA ownership, profiting directly from growth and creating a mutually beneficial ecosystem.
This causes corporations to shift away from being compelled by the manipulative forces of fund managers and investment houses. This shift occurs due to the direct influence engaged consumers have not only on the company’s bottom line, but also on the more valuable pools of capital consumers represent through the distributed Alkaimi ecosystem.
The Future is pre-ordained
January 3, 2009, marked the beginning of blockchain technology and the cryptocurrency industry. On this date, the mysterious creator (or creators) known as Satoshi Nakamoto mined the first block of Bitcoin’s blockchain, the Genesis Block. This event spurred what many believed would be a revolution in money and payments. They have been proven wrong.
Fifteen years later, these promises remain unfulfilled. Despite the nearly 13,000 active cryptocurrencies, including Bitcoin, Tether, Ether, and AUSD, none have achieved the fundamental trust required to function as an absolute payment mechanism—a global standard defined by the Bank for International Settlements (BIS). This stark reality highlights the limitations of cryptocurrency’s speculative, volatile, and often experimental nature.
In contrast, the Asset-Integrated Digital Money (AIDM) became the first digital mechanism to meet the BIS's absolute payment criteria, accomplishing this milestone in the second quarter of 2022. Recognizing the growing need for a stable and trustworthy financial alternative, the Alkaimi design team deliberately chose January 3, 2024, to begin public engagement in the Alkaimi universe. This date, symbolic of blockchain’s origins, marks the moment the world’s first Second Generation Digital (SGD) mechanisms become publicly announced and soon will be made available as Alkaimi’s licensed providers produce a sufficient inventory of DTAs to meet expected consumer demand.
Alkaimi’s mission is clear: to provide a real alternative to speculative cryptocurrencies and help consumers avoid financial losses caused by dead-end technologies.
In 2025, the Alkaimi Ecosystem will rise as a beacon of economic stability and empowerment. Unlike speculative cryptocurrencies, Alkaimi offers consumers the chance to participate in a financial revolution grounded in intrinsic value, trust, and collaboration.
How to engage with a licensed provider:
Through Alkaimi, consumers will access a freer, more balanced financial system from which they can directly benefit and contribute to global economic growth. To engage with licensed providers, sign up on the Alkaimi.com website to gain early access to the Alkaimi ecosystem.
The future demands a financial foundation that promotes growth and stability, not empty promises and perverse speculation disguised as innovation.
Second Generation Digital (SGD) mechanisms have arrived, and their name is Alkaimi.