About i-WAT

i-WAT is a system of complementary currencies. It is cooperative, distributed and autonomous; there is no central bank or coordinator. Anyone can spontaneously start trades in i-WAT if they just install the software.

Using i-WAT, you can easily establish barter relationships by drawing new i-WAT tickets, which look like an electronic version of bills of exchange, or using existing tickets you have obtained from others. i-WAT complements human relationships, which tend to be overlooked in the economy as a form of thrifty management of money, by building the network of confidence. i-WAT is "a new medium to connect human beings".

The features include:

i-WAT is a digitized version of the WAT core, the basic part of the WAT-system, so that it can be used on the computer networks such as the Internet.
Just like the "classic" WAT-system, you can derive new currencies that fit the objectives and needs of a community by defining extended parts.
i-WAT is a free software. It is freely usable, modifiable and distributable as stated by GNU GPL ¹.

About the WAT-System

The WAT-system is a system of complementary currencies designed by Mr. Eiichi Morino, the founder of Gesell Research Society Japan. In the WAT-system, individuals can draw WAT-tickets, which resemble bills of exchange, and circulate goods or services provided by others.

For detail, read descriptions on the WAT core.

¹	GNU GPL (GNU General Public License) states that the released software must stay in the public domain.