Difference between revisions of "Contribution Accounting System"
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[[Contributions]] are evaluated and a [[Benefit redistribution equation]] is used to turn them into benefits, including [[fluid equity]]. The production and the resulting benefits is attributed to its creators. | [[Contributions]] are evaluated and a [[Benefit redistribution equation]] is used to turn them into benefits, including [[fluid equity]]. The production and the resulting benefits is attributed to its creators. | ||
| − | The CAS is NOT a [http://en.wikipedia.org/wiki/Currency currency] system, it is not a system of exchange. It keeps track of how contributions amalgamate into something like [[products]], services, infrastructure, social goods, etc. It keeps a record of who is doing what ([[role]]), how well ([[reputation]]) and how much ([[value]]) in a particular [[ | + | The CAS is NOT a [http://en.wikipedia.org/wiki/Currency currency] system, it is not a system of exchange. It keeps track of how contributions amalgamate into something like [[products]], services, infrastructure, social goods, etc. It keeps a record of who is doing what ([[role]]), how well ([[reputation]]) and how much ([[value]]) in a particular [[venture]]. Its output is a normalized distribution benefits, including [[fluid equity]] for a particular [[venture]]. If goods and services are created to be exchanged on the market, the CAS helps redistribute the revenue. |
The CAS reappropriates labor, which is a major departure from capitalism. In capitalism, labor becomes a commodity. In a corporation for example, the worker exchanges his labor against wage. This transaction dispossesses the worker of the fruits of his own labor. In other words, the owner of capital owns the production of all workers. The CAS allows peers to turn their labor into [[fluid equity]] and thus to own the future revenue generated from the products they co-produce. | The CAS reappropriates labor, which is a major departure from capitalism. In capitalism, labor becomes a commodity. In a corporation for example, the worker exchanges his labor against wage. This transaction dispossesses the worker of the fruits of his own labor. In other words, the owner of capital owns the production of all workers. The CAS allows peers to turn their labor into [[fluid equity]] and thus to own the future revenue generated from the products they co-produce. | ||
| − | The CAS embodies tangible/extrinsic incentives. It allows redistribution of benefits to participants in | + | The CAS embodies tangible/extrinsic incentives. It allows redistribution of benefits to participants in ventures. Moreover, the CAS incentivizes collaboration by reducing the risk. If someone creates a venture and asks for collaboration but there is no documentation, no sharing of designs, or R&D processes, or of recipes (manufacturing script with bill of materials), other [[affiliates]] of the [[OVN]] might grow reluctant to participate, because the venture becomes too dependent on its initiator or main facilitator. If this affiliate leaves the OVN, no one can continue the work. Therefore, past investment is lost or eventual benefits are delayed. Proper documentation and logging into CAS reduces the risk for investment (in time, $, materials, and other), because it insures continuity of the venture in case the initiator or main facilitator leaves. |
==About value== | ==About value== | ||
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The [[contributions log]] system assists [[affiliates]] in recording/logging [[contributions]]. One expects rewards (revenues) after the value creation process, after efforts have been deployed. Fair redistribution of revenue, in proportion to everyone’s [[contribution]], which arrives at a time in the future, requires information on past [[contributions]], risk levels, etc.. It is very important to record enough information about involvement, participation, contributions, even before formalizing the revenue redistribution scheme. | The [[contributions log]] system assists [[affiliates]] in recording/logging [[contributions]]. One expects rewards (revenues) after the value creation process, after efforts have been deployed. Fair redistribution of revenue, in proportion to everyone’s [[contribution]], which arrives at a time in the future, requires information on past [[contributions]], risk levels, etc.. It is very important to record enough information about involvement, participation, contributions, even before formalizing the revenue redistribution scheme. | ||
| − | [[Contributions]] can be time (which is complemented by a description of activities/tasks performed), money (spent | + | [[Contributions]] can be time (which is complemented by a description of activities/tasks performed), money (spent in a particular [[venture]]), a virtual or physical space (for a given activity within a given [[venture]]), materials (including tools/instruments), access to [[resources]] or to the market (using social capital), etc. |
[[Contributions]] have quantities AND qualities associated with them. | [[Contributions]] have quantities AND qualities associated with them. | ||
| − | The [[contribution log system]] is organized to map formal [[ | + | The [[contribution log system]] is organized to map formal [[ventures]] that have a direct [[path to market]], i.e. resulting in [[products]]/services that will be exchanged on the market and generate revenues. Revenue and acknowledgement are extrinsic [[incentives]]. The value system also contains other categories/[[projects]]/[[ventures]] which don't have a traced path to a particular market. These are exploratory [[projects]]/[[ventures]] or passion-driven [[projects]]/[[ventures]] (see section on [[Integrating a gift economy within a value network]]). |
Read about [http://valuenetwork.referata.com/wiki/Contributions_log#SENSORICA.27s_first_prototype_of_contribution_log_system SENSORICA's first contribution log system]. | Read about [http://valuenetwork.referata.com/wiki/Contributions_log#SENSORICA.27s_first_prototype_of_contribution_log_system SENSORICA's first contribution log system]. | ||
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See the [[Project]] page. | See the [[Project]] page. | ||
| − | == | + | ==Venture== |
| − | See the [[ | + | See the [[Venture]] page. |
| + | |||
| + | ==Transfers between ventures== | ||
| + | See the [[Transfers between ventures]] page | ||
==CAS simulator== | ==CAS simulator== | ||
| − | Allows value network affiliates to plan their contributions. This engine uses history to predict [[fluid equity]] once the | + | Allows value network affiliates to plan their contributions. This engine uses history to predict [[fluid equity]] once the venture reaches maturity and generates revenue. Affiliates can use it to decide how to allocate their resources across different [[ventures]] and [[projects]], in order to optimize their investments, to mitigate their risk, etc. |
| − | The CAS simulator also intervenes in the [[Project and task management]] system. For every available task it estimates the [[fluid equity]] once the | + | The CAS simulator also intervenes in the [[Project and task management]] system. For every available task it estimates the [[fluid equity]] once the [[venture]] reaches maturity and generates revenue. This acts as a direct incentive for affiliates to take the task, knowing the impact is will have on their future revenue, and the risk associated with it (see [https://groups.google.com/d/topic/sensorica-infrastructure/fmuDhXIh1po/discussion discussion]). |
=Install a CAS= | =Install a CAS= | ||
Latest revision as of 02:23, 20 October 2021
!!! NOTE: MERGE THIS PAGE WITH NRP-CAS !!!
Published on April 29, 2011, edited by Tibi, Kurt, Ishan, Ian, Francois, and Steve. See original doc, last modified on Oct 14, 2012 before content was moved here.
Work on the value system is hosted on github. We are using REA (for Resources, Events and Agents) designed by Bill McCarthy of Michigan State University (See more on Bill McCarthy’s website). See a prototype HERE.
See Screenshots of the new Value Accounting System of SENSORICA
See latest demo video March 2014.
See all pages in the category Value_Accounting_System_(VAS)
More on NRP-CAS
Theory
The contribution accounting system (CAS) is an IT tool for commons-based peer production or peer production. At the network level, it describes transformation and flow of resources. At the product level, it describes amalgamation of resources and contributions into something.
Contributions are evaluated and a Benefit redistribution equation is used to turn them into benefits, including fluid equity. The production and the resulting benefits is attributed to its creators.
The CAS is NOT a currency system, it is not a system of exchange. It keeps track of how contributions amalgamate into something like products, services, infrastructure, social goods, etc. It keeps a record of who is doing what (role), how well (reputation) and how much (value) in a particular venture. Its output is a normalized distribution benefits, including fluid equity for a particular venture. If goods and services are created to be exchanged on the market, the CAS helps redistribute the revenue.
The CAS reappropriates labor, which is a major departure from capitalism. In capitalism, labor becomes a commodity. In a corporation for example, the worker exchanges his labor against wage. This transaction dispossesses the worker of the fruits of his own labor. In other words, the owner of capital owns the production of all workers. The CAS allows peers to turn their labor into fluid equity and thus to own the future revenue generated from the products they co-produce.
The CAS embodies tangible/extrinsic incentives. It allows redistribution of benefits to participants in ventures. Moreover, the CAS incentivizes collaboration by reducing the risk. If someone creates a venture and asks for collaboration but there is no documentation, no sharing of designs, or R&D processes, or of recipes (manufacturing script with bill of materials), other affiliates of the OVN might grow reluctant to participate, because the venture becomes too dependent on its initiator or main facilitator. If this affiliate leaves the OVN, no one can continue the work. Therefore, past investment is lost or eventual benefits are delayed. Proper documentation and logging into CAS reduces the risk for investment (in time, $, materials, and other), because it insures continuity of the venture in case the initiator or main facilitator leaves.
About value
See more on Value
Interpretations of the CAS
The interpretation of the actual version of the CAS is not settled yet.
CAS and potential of value
{Contact Tibi for more, proposed in a discussion about Social capital}
One can argue that nothing logged in NRP-CAS has valuable a priori. A prototype that someone physically assembles today and is logged in NRP-CAS and linked to different types of contributions (time, $, etc,) can end up never being used by the community, never cited, entirely forgotten. One way to see it is that something is valuable if it finds its way into other things. But nothing has a priori valuable, no matter how tangible or real it is. We can legitimately use an interpretation according to which NRP-CAS is only about potentials. Nothing has been marketed as valuable in the OVN's NRP-CAS until now. It only contains logged contributions connection. According to this new interpretation of the NRP-CAS we can say that things that are already linked together, these things that are used/consumed/cited in other things, are valuable or are in the process of becoming valuable. In other words, value in the system becomes actualized when resources (created through contributions) are linked together, value is actualized by the edges of the network of resources. But to quantify further (it's always a relative quantity set in comparison with other things) we need another process, and a part of that is subjective.
General layout of the value accounting system
OVN-OS
As developed by Bob and Lynn, in collaboration with Tibi, Francois and other SENSORICA affiliates.
OVN-OS stands for Open Value Network Operating System.
Other ways to refer to it are: Open Value Network infrastructure (OVNi), Network Resource Planning (NRP), of simply Value Accounting System (CAS).
- Bob's - OVN-OS architecture layout for an open value network node
- Bob's - OVN-OS internetworking protocol, for network to network interaction
Contributions log
The contributions log system assists affiliates in recording/logging contributions. One expects rewards (revenues) after the value creation process, after efforts have been deployed. Fair redistribution of revenue, in proportion to everyone’s contribution, which arrives at a time in the future, requires information on past contributions, risk levels, etc.. It is very important to record enough information about involvement, participation, contributions, even before formalizing the revenue redistribution scheme.
Contributions can be time (which is complemented by a description of activities/tasks performed), money (spent in a particular venture), a virtual or physical space (for a given activity within a given venture), materials (including tools/instruments), access to resources or to the market (using social capital), etc.
Contributions have quantities AND qualities associated with them.
The contribution log system is organized to map formal ventures that have a direct path to market, i.e. resulting in products/services that will be exchanged on the market and generate revenues. Revenue and acknowledgement are extrinsic incentives. The value system also contains other categories/projects/ventures which don't have a traced path to a particular market. These are exploratory projects/ventures or passion-driven projects/ventures (see section on Integrating a gift economy within a value network).
Read about SENSORICA's first contribution log system.
See the second version, the actual prototype in testing. This prototype will evolve very rapidly this year.
Evaluation of contributions
How different types of contributions are evaluated. This system has an objective part, which relies on some metrics, and a subjective part, which relies on negotiation. See more on The evaluation system
Back office catalog
Assigns value to deterministic, recurrent back office tasks. See the Back office catalog page.
(for continuous contributions)
Amalgamation of value
Describes how different types of contributions are amalgamated into a single deliverable. The output is the fluid equity piechart.
The Value Equation
Describes how evaluated contributions are turned into fluid equity. See the The Value Equation page.
Solidarity mechanisms
Pay dead ends or mistakes, bring in the main value stream other contributions.
Solidarity mechanisms are part of the open-value network to ensure two unique aspects: compassion and distribution of risk. Compassion is an important part of human-collaboration and therefore, the network provides insurance mechanism for its members based on the members’ reputation. In addition to compassion, solidarity mechanisms are used to partially reward for unavoidable failures in order to create higher levels of trust and knowledge base within the network; these failures include: process inadequacy, task challenge, process complexity, uncertainty, hypothesis testing, and exploratory testing.[52] The network governance determines the decisions on the implementation of solidarity mechanisms.
Project
See the Project page.
Venture
See the Venture page.
Transfers between ventures
See the Transfers between ventures page
CAS simulator
Allows value network affiliates to plan their contributions. This engine uses history to predict fluid equity once the venture reaches maturity and generates revenue. Affiliates can use it to decide how to allocate their resources across different ventures and projects, in order to optimize their investments, to mitigate their risk, etc.
The CAS simulator also intervenes in the Project and task management system. For every available task it estimates the fluid equity once the venture reaches maturity and generates revenue. This acts as a direct incentive for affiliates to take the task, knowing the impact is will have on their future revenue, and the risk associated with it (see discussion).
Install a CAS
Open NRP-CAS github
Open Lynn's guide to install the NRP-CAS
Network of networks
See the Network of Networks page.
Praxis
See SENSORICA's Google-based value accounting system
See SENSORICA's new value accounting system
External links
P2P_Accounting on p2p foundation
Discussions
- August 2014 - Salary in value networks
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