Frequently Asked Questions

Denarii Network is software infrastructure for closed community-credit ledgers. It enables communities, cooperatives, and member networks to operate a mutual-credit accounting system — a way of tracking obligations and exchanges between approved participants.

It is a software tool, not a financial product. Denarii Network does not hold money, issue currency, or provide any financial service. The credits recorded on the platform are internal accounting entries valid only within a specific, closed community.

No. Community credits are not money, currency, or legal tender of any kind. They are internal ledger entries — a record of mutual obligation between members of a closed community.

Credits are valid only within the community network in which they were created. They cannot be transferred to another network, converted to fiat currency (such as euros or dollars), or used to purchase goods or services outside the community. They have no monetary value outside the network.

No. Denarii Network is not a bank, credit institution, payment institution, or e-money issuer. It does not accept deposits, hold client funds, process payments, or provide any regulated financial service.

The platform is software that communities use to administer their own internal credit arrangements. No fiat currency is involved at any point — not on entry, not in transit, and not on exit.

No. Denarii Network is not a cryptocurrency, stablecoin, digital asset, or blockchain-based system. There is no token, no wallet, no cryptographic ledger, and no on-chain settlement of any kind.

Credits are stored in a traditional relational database (PostgreSQL) operated by the network's designated operator. There is no decentralisation, no mining, and no third-party custodianship.

Every Denarii Network operates as a closed system. Prospective members must apply and be individually approved by the network operator. There is no open or anonymous registration.

The network operator reviews each application, confirms the applicant meets the community's eligibility criteria, and formally approves or declines membership. Upon approval, the member is assigned a credit limit and gains access to the network's ledger.

The network operator is an individual or organisation that deploys and administers a Denarii community instance. The operator is responsible for the governance of the network: setting membership rules, managing credit limits, approving applications, monitoring the health of the ledger, and resolving disputes.

Operators are not financial service providers by virtue of using Denarii software. They are community administrators. However, operators are solely responsible for ensuring that their use of the platform complies with applicable laws and regulations in their jurisdiction.

A mutual-credit ledger is an accounting system in which credits are created through trade rather than issuance. Members begin with a balance of zero. When one member provides a good or service to another, the ledger records a credit transfer: the provider's balance increases, and the recipient's balance decreases by an equal amount.

This means the sum of all balances in the network always equals zero — for every positive balance, there is an equal and opposite negative balance elsewhere. No value is created or destroyed; obligations are simply recorded.

No. Credits do not earn interest, yield, or any form of return. There is no staking, no lending mechanism, and no appreciation claim of any kind. A credit balance is not an investment.

Credits represent obligations within a community — nothing more. A positive balance reflects credits received from other members; a negative balance reflects credits extended to others. Both are records of exchange, not financial assets.

Denarii Network is designed to operate outside the scope of regulated financial services, provided it is used within its intended purpose. Specifically:

It does not issue e-money (no fiat storage or redemption), does not fall under the Markets in Crypto-Assets Regulation (MiCA) (no crypto-assets or tokens), and does not provide payment services under PSD2 (no processing of fiat funds).

However, Denarii Network does not provide legal advice. Operators are responsible for conducting their own assessment of applicable regulations in their jurisdiction and consulting legal counsel where appropriate.

Each community network operates its own isolated database instance. Member data and transaction records are held within that instance and are not shared with other networks or third parties.

All transaction records are immutable — entries cannot be deleted or altered after they are recorded. This is by design, to ensure the integrity of the community's audit trail. Operators may generate exports of transaction records for compliance and reconciliation purposes.

Denarii Network is provisioned by application. To request a network for your community, use the Request a Network form.

Once your application is reviewed and approved, you will receive credentials and a link to your dedicated network instance. From there, you will complete a brief onboarding process to configure your network's rules, set default credit limits, and invite your first members.

There is no self-serve sign-up. Every network is reviewed individually to ensure it is an appropriate use of the platform.