Jean Lievens: BitCoin Basics – Decentralized Autonomous Organizations (DAO), Distributed Anonymous Computing, Embedded Time-Stamped Contracts, and the Elimination of Bankers AND Lawyers?

Jean Lievens

Jean Lievens

Bitcoin’s blockchain could revolutionize more than just how we do business

Gordon Fletcher

, 01 Oct 2014

EXTRACTS

Cryptocurrencies are novel as they are only possible because of the ready availability of high-speed computing and networks. They are a challenge to today’s currencies because of their decentralised nature, taking them out of national governments’ control.     What has been given less attention is the mechanism that makes the bitcoin network possible, the blockchain.    . . .   The use of the blockchain means that each contract is distributed across the network with time triggers agreed and written into the contract.   …    The Ethereum White Paper outlining the concepts and aims of the project describes how using the blockchain can be used to form decentralised autonomous organisations (DAO).   …   Various controversial claims around Ethereum suggest it will remove the need for lawyers, or even the need for bankers.   …   In a similar way open innovation could become a more powerful mechanism by using the blockchain as an arbitrator that offers attribution of original ideas in the correct chronological order. The blockchain can also be applied to education, used to verify attendance and identity for exams held at remote locations.   …  Ethereum is just the first to exploit the blockchain in novel and creative ways. Others are already arriving, for example IBM’s Adept project takes the blockchain in an entirely different direction, putting it at the centre of a future internet of things. Here the blockchain is used to authenticate devices so they can communicate with each other, using the blockchain to store a record of devices that have done so.

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Oct 6

Jean Lievens: Open Content Business Models and Michel Bauwens on DeGrowth

Jean Lievens

Jean Lievens

Open Content and Public Broadcasting: Future Business Models – YouTube

Over 100 participants and industry leaders explore issues related to producing and distributing open access content across multiple public broadcasting platforms.The WGBH Educational Foundation, with support from the William and Flora Hewlett Foundation and the Corporation for Public Broadcasting, hosts a conference on Open Content and Public Broadcasting. Listen in as over 100 participants come together with industry leaders to explore issues related to producing and distributing open access content across multiple public broadcasting platforms.

Degrowth 2014 – Michel Bauwens on The Transition to a Sustainable Commons Society – YouTube

Degrowth will only be possible by changing the artificial scarcity-based design practices and engineering of the for-profit sector and by removing the incentive to externalize the true production costs in terms of matter and energy. A commons-oriented approach should combine global open design based in communities, local on-demand distributed manufacturing, and the use of renewable distributed energy. Along with changes in governance and ownership, it can contribute to a global phase transition.Vertalen

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Sep 8

Graphic: Embedded Intelligence — Adding Open Source Everything (Engineering Intelligence), True Cost Economics (Supply Intelligence) and Holistic Analytics (Demand Intelligence)

Enhanced Graphic:

Click on Image to Enlarge

Click on Image to Enlarge

Source: Robert David Steele

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Aug 15

Larry Chang: Values-Based Planetary Economy

digital units trimmed

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New Planetary Economy
A new, rational, self-regulating economic system is necessary to meet present and projected global realities. The current model creates artificial scarcity by strictly controlling the issue of currency, converting it into a tradable commodity itself. Money is further hoarded and manipulated in such a way as to create debt, inequity and poverty.
The silver lining to the current economic crisis is that people will be forced, perhaps for the first time, to examine their unconscious assumptions about this entrenched system and stretch their cognitive range to allow for a different approach.

Below the fold are the executive summary in full text, and a 22 page PDF with graphics.

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Jun 21

Michel Bauwens: Transitioning to a Commons-Based Society

Michel Bauwens

Michel Bauwens

Transitioning to a Commons-Based Society

Background on the FLOK Project

Michel Bauwens:

The National Plan of Ecuador recognizes and stresses that the global transformation towards knowledge-based societies and economies requires a new form for the creation and distribution of value in society. The National Plan’s central concept is the achievement of ‘Buen Vivir’ (Sumak Kawsay) or ‘good living'; but good living is impossible without the availability of ‘good knowledge’, i.e. ‘Buen Conocer’ (‘Sumak Yachay’). The third national plan for 2013-2017 explicitly calls for a open-commons based knowledge society[1].

President Correa himself exhorted young people to achieve and fight for this open knowledge society[2].

The FLOK Society is a joint research effort by the Coordinating Ministry of Knowledge and Human Talent, the SENESCYT (Secretaría Nacional de Educación Superior, Ciencia, Tecnología e Innovación) and the IAEN (Instituto de Altos Estudios del Estado) to develop transition and policy proposals to achieve such an open commons-based knowledge society.

FLOK refers to:

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May 19

Jean Lievens: Bitcoin vs. Litecoin vs. Peercoin vs. Ripple vs. Namecoin

Jean Lievens

Jean Lievens

Bitcoin vs. Litecoin vs. Peercoin vs. Ripple vs. Namecoin

While many are still being turned on to the perks of Bitcoin as a speculative asset, platform, and currency, there are other players in the game. Here is a brief look at how these cryptocurrencies stack up in terms of features. Also, if you’re interested in the rest of the top 10, be sure to check out Quarkcoin vs. Megacoin vs. Protoshares vs. Worldcoin vs. Feathercoin.

Read full article (pros and cons for each of the top five)

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May 13

Jean Lievens: Stacco Troncoso Shares Helene Finidori on FLOK Society and the Commons

Jean Lievens

Jean Lievens

Helene Finidori on FLOK Society and the Commons

Here’s an excellent summary, written by our good friend Helene Finidori from the Commons Abundance Network, on FLOK Society’s historical significance for the Commons and P2P movements. The article was originally published in STIR magazine and Helene has kindly given us permission to republish it here.


This column was published in STIR’s spring issue and is available to buy here

With the Free Libre Open Knowledge (FLOK) Society project, peer-to-peer commons-based economics have a good chance of being institutionalised in Ecuador, or in other words, of entering at a nation-state level through the front door. This would be a world first.

Click on Image to Enlarge

Click on Image to Enlarge

Ecuador may not be particularly advanced as far as urban P2P dynamics are concerned, but its indigenous and rural communities have a long history of sharing knowledge. And since the election of a progressive government in 2007, the country is politically ahead in its determination to continue developing an economy based on the creativity of its citizens and on the sustainable leverage of its internal resources.

The focus here is to transition away from cognitive capitalism where value is commonly extracted via technology transfers through intellectual property rights mostly held by large foreign companies, generating dependencies on the global north and increasing the internal social divide. The goal is to shift towards a ‘social knowledge economy’ where knowledge is freely accessible, produced and shared through co-operative and open processes, and where the resulting knowledge commons can be built upon to accelerate innovation and the distribution of wealth.

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May 5