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It should be noted that the OVN work will input directly into international ISO standards development, namely, ISO/IEC 15944-15 "Information technology - Business Operational View - Part 15: Ope Value Networks(OVN): Integrated perspective on Open-edi, eBusiness, blockchain and distributed transactions". The lead international ISO Project Editor : [http://broad.msu.edu/facultystaff/mccarthy/ Prof. William McCarthy], with Jake Knoppers as one of two Co-Project Editors. The international ISO standards committee responsible here is ISO/IEC JTC1/SC32/WG1 (where JTC1 = Joint ISO, IEC = Technical Committee on Information technology, SC = Data Management & Interchange, WG1 = eBusiness)
 
It should be noted that the OVN work will input directly into international ISO standards development, namely, ISO/IEC 15944-15 "Information technology - Business Operational View - Part 15: Ope Value Networks(OVN): Integrated perspective on Open-edi, eBusiness, blockchain and distributed transactions". The lead international ISO Project Editor : [http://broad.msu.edu/facultystaff/mccarthy/ Prof. William McCarthy], with Jake Knoppers as one of two Co-Project Editors. The international ISO standards committee responsible here is ISO/IEC JTC1/SC32/WG1 (where JTC1 = Joint ISO, IEC = Technical Committee on Information technology, SC = Data Management & Interchange, WG1 = eBusiness)
  
=Definition through quotations=
 
 
"''... blockchain technology and distributed ledger technology in general can facilitate the establishment and management of open value networks and value networks in general.''" [1]
 
 
 
"''It is thanks to a platform on the internet that individual workers, motivated by the values of the peer to peer (P2P) or participative economy are involved in creating together innova-tions  on  distributed  projects.  In  the  context  of  participatory  economics,  this  network illustrates new forms of cooperation, ways of managing collaborations based on the model of P2P, based on a partnership of shared values system.''" [2]
 
 
 
OVNs are ''open'', they are also called [[permissionless]], i.e. access to participation is unrestricted, which means that anyone can become part of them without the need to go through a hiring process or to sign an employment contract.. The term ''network'' refers to a set relations between autonomous agents, which define their respective roles, including duties or responsibilities and rewards. Agents are called ''affiliates'' in the OVN model.
 
 
 
These organizations attract attention and resources to sustain themselves through gamification, i.e a set of incentives that are formally and directly linked to contributions and performance.
 
 
"''Our thesis is that in order to reward all the participants in p2p [peer to peer] economic activity, and thus to incentivize contributions and make participation sustainable for everyone, we need to do contribution accounting: record everyone's contribution, evaluate these contributions, and calculate every participant's fair share. This method for redistribution of benefits must be established at the beginning of the economic process, in a transparent way. It constitutes a contract among participants, and it allows them to estimate their rewards in relation with their efforts. We call this the contribution accounting system.''"[3]
 
 
 
The OVN model has been applied to open source scientific hardware development [4].
 
 
"''Open  value  networks,  or  OVNs,  are  voluntary,  consensus-driven systems for measuring and valuing the in kind/ energy and financial contributions  even  the  smallest  ones  (to  make  them  visible)  of  each  of  its  participants.  Such systems are a growing trend among digital communities, according to a 2016 P2P Value study, which found that 86 percent of the 300 digital communities it studied use open value accounting systems.19 An “open value  network”  –  a  term  first  introduced  by Verna  Allee  –  describes  “the connections between companies and the channels through which intangibles move  between  them.”    An  open  value  network  is  more  distributed  than  conventional value chains, and not necessarily hierarchical.''"[5]<br>
 
 
"''The organizational model of Sensorica has been identified as an ‘Open Value Network’ (OVN). An OVN has been developed as a generic organizational and business model apt to enhance and support CBPP. It is highly adaptive, fully de-centralized and governed through distributed decision-making processes and resource  allocation.  Inspired  by  the  practices  exemplified  by  free  and  open-source projects, it supports open participation, with low barriers of entry and is designed to empower permissionless individual action through open knowl-edge and transparent processes.''" [6]<br>
 
 
"''An OVN is a generic organizational and business model, apt to enhance and support commons-based peer production. It can take various forms and can be adapted according to each context (Siddiqui & Brastaviceanu, 2013). OVNs allow individuals and organizations to create common value in an open  environment,  while  keeping  account  of  the  different  contributions  in  a  common  ledger system.  All  assets  are  commonly  held  by  the  network  and  the  co-created  value  is  distributed equitably within and beyond the network.''"[7]
 
 
''References''
 
* [1] [https://ieeexplore.ieee.org/abstract/document/8910187 Blockchain Value Networks; 2019 IEEE Social Implications of Technology (SIT) and Information Management (SITIM)]
 
* [2] [https://www.frontiersin.org/articles/10.3389/fbloc.2019.00029/full? Reimagining New Socio-Technical Economics Through the Application of Distributed Ledger Technologies]
 
* [3] [https://r-libre.teluq.ca/1705/1/AJIBM_FINAL.pdf From Open Innovation to Crowd Sourcing: A New Configuration of Collaborative Work? Diane-Gabrielle Tremblay, Amina Yagoubi, American Journal of Industrial and Business Management, 2017, 7, 223-244]
 
* [4][https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3331281 Democratising Design in Scientific Innovation: Application of an Open Value Network to Open Source Hardware Design; Cumulus Working Papers 33/16: Cumulus Hong Kong 2016 – Open Design for E-very-thing, pp. 333-339.]
 
* [5] [https://www.boell.de/en/2017/03/07/re-imagining-value-insights-care-economy-commons-cyberspace-and-nature Re-imagining Value: Insights from the Care Economy, Commons, Cyberspace and Nature]
 
* [6] [https://library.oapen.org/handle/20.500.12657/25288 Peer to Peer: The Commons Manifesto]
 
* [7] [http://www.confrontations.org/wp-content/uploads/2016/12/1.Value-in-the-Commons-Economy_M.-Bauwens.pdf Value in the commons economy: Developments in open and contributory value accounting]
 
  
 
=Important sections=
 
=Important sections=

Revision as of 08:37, 8 April 2022

NEW: REVISION EFFORT

ATTENTION: We are going through another systematic revision cycle of the OVN model. See more on OVN 3.0 page..

Definition

Open Value Network (OVN) refers to a new organizational framework designed to support commons-based peer production. This organization is by nature and from birth transnational (i.e. operating beyond the influence of states).

It is the network that is open, in the sense of permisisonless or unrestricted access to participation (to processes).

OVNs rely on technology (digital infrastructures) to support their operations. They have no (or very few) formal mechanisms of power to allow centralization of control over their infrastructure that enables the activities of the network, although it is evident that they exhibit informal power structures. Examples are Bitcoin, Ethereum, Sensorica, etc.

More on What is an open value network?

Background

The model was first proposed, developed and implemented by Sensorica affiliates to support material commons-based peer production (the production of material things by open networks). Sensorica was created in February 2011 - see the 2013 TEDx video presentation by Tibi.

Initially, the model evolved from the Discovery Network model proposed by Tibi between 2008 and 2010. Between 2011 and 2012, the model was developed in collaboration by Tibi, Steve, Kurt, Bayle and others, and drew from the work of Verna Allee, Yochai Benkler, Michel Bauwens, Clay Shirky, and others. After the summer of 2012, the network resource planning and contribution accounting system (NRP-CAS) was influenced by Bob Haugen who has been working in this area since 1995.

From May 2013 to May 2014, Yasir worked on a framework for open value network in collaboration with other Sensorica affiliates. The OVN model was extended to network of networks, in the context of the Open Alliance initiative also lead by Sensorica, an attempt to federate open organizations in Montreal. In 2016 the NOICE/Verdun project built on the Open Alliance initiative, as a second attempt to bring the OVN model at a larger scale. The concept of 4th Sector was also introduced during 2016.

See more on OVN history.

Other organizations have adopted a model similar to Sensorica

It should be noted that the OVN work will input directly into international ISO standards development, namely, ISO/IEC 15944-15 "Information technology - Business Operational View - Part 15: Ope Value Networks(OVN): Integrated perspective on Open-edi, eBusiness, blockchain and distributed transactions". The lead international ISO Project Editor : Prof. William McCarthy, with Jake Knoppers as one of two Co-Project Editors. The international ISO standards committee responsible here is ISO/IEC JTC1/SC32/WG1 (where JTC1 = Joint ISO, IEC = Technical Committee on Information technology, SC = Data Management & Interchange, WG1 = eBusiness)


Important sections

Examples of open value networks

Go to OVN.space

Types of open value networks

Initiate an open value network

Current issues the OVN model and proposed solutions

Interesting links

Interesting papers

Important categories



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