Insights on POC

The Principality of Cogito economy is a custom designed approach to personal and business financial services. Learn how to equip yourself through our Cogito Insights.


Economies are usually determined by geography and local currency. Transacting was traditionally through barter where someone growing apples would trade a few apples with someone else for eggs and another person for bread and so on.

As we have evolved, currency has developed. The preferred of these early on was gold. Then coins and notes, cheques, promissory notes and IOUs. Finally digital currency by way of Eftpos, Visa, Mastercard, AMEX, bank transfers, paypal and digital currencies. When considering the more global market we live in now though all of these involve currency exchange and government controls.

Communications developed and consumer demand to trade between countries grew. Transportation evolved and the ability to sell our goods further afield became appealing for a variety of reasons. USA positioned itself to be the powerhouse of currency convincing global governments and businesses that the US dollar should be the preferred currency for global transactions.

The impact of the move by many to transact in USD has meant local economies are impacted and to a large degree controlled by the USA. The state of the US economy and politics now has an unhealthy impact on peoples freedom to move and transact. Global governments have been happy to follow the US lead, but now a lot of people want to take back control of their financial freedom.

Because of this, Cogito is inviting you to join the global evolution of change. Start using the Cog (the currency of Cogito)  as part of your day to day earnings, spending and investing.


Digital Currency

Cog is a digital currency to be used for day to day buying and selling of goods and services and ultimately in investments. The Cog is tied in value to the euro so you know the value and stability of your digital currency all the time.

The main reasons we elected to tie to the euro are:

  1. As a currency used by several countries its economic risk is limited in comparison to any other currency which as a single political controller.
  2. The euro is becoming a preferred alternative for many businesses and governments as they attempt to remove themselves from the onerous controls of USA.
  3. It is accepted and understood globally and best positioned to be a true global currency.


The Cog is easy to use. Once you have registered you will also be able to invite friends and family to register. Businesses can also register and the benefits to them are the same as for you as an individual.

Transactions can be set up on your Cog bank app using your smart phone or your net account. So payments can happen phone to phone, phone Cog bank or Cog bank to Cog bank.

Transactions authenticate instantly by use of PIN and our ALDS technology.

Your transaction is conducted in your local value and Cog bank automatically converts to the Cog value in your account based on exchange rate for the day.


The System

Unlike virtual coins (crypto currency) which many people have become aware of, Cog is not a limited offer. Bank of Cogito issues the currency as required and based on Cogito government  very strict set of rules and procedures.

These strict rules mean that Cogito has the ability to help you and your business with a freer economy and smarter financing options.

Interest free credit facilities, settling debt using cog, opening up a new network of customers by offering goods and services for cog and restructuring your finances are examples of how Cogito can help you.

The Cogito economy works simply off a zero base account system. If someone in the economy is in credit by Cog 100, then others in the network will be in debit by a total of Cog 100. All Cog is backed by either debt assets or euro funds on deposit.



The main risk in the Cogito economy is that someone owes Cog and their business fails. In order for Cogito to ensure we maintain the integrity of the global economy Cogito has  several key systems in place.

Firstly before credit is offered Cogito carries out a set of checks, KYC and AML procedures, so we know who we are dealing with.

Secondly from every transaction conducted we take a percentage of the turnover tax charged and accumulate that in a debt reserve fund. This fund is audited and reports you are made available to citizens annually.


We can help with any of your questions. Principality of Cogito has a 24hr 7 day help desk chat. Connect with our assistant in the Cogito chat on every page.

You can also learn more through our FAQ