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Future Of Money Alternative Currenies Covering Free Resources. Open Source , P2P Software Project for Worldwide Distributed Work And Resource Exchange Network. Original Idea Of Money. Useful Work. Money/ Jobs. Actual Status Of Money. Useful Work to be done for people. Money/
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Future Of MoneyAlternativeCurreniesCoveringFreeResources OpenSource, P2P Software Project for WorldwideDistributedWork And Resource Exchange Network
Original Idea Of Money UsefulWork Money/ Jobs
Actual Status Of Money UsefulWorkto be done for people Money/ Jobs
UsefulWork – Money Outside Clean Energy BuildGreenHouses FreeFood for City PlantTrees PerformArts Help For Disabled TeachChildren Money/ Jobs Money Oriented Jobs Psychotherapy
FreePeople – UsefulWork- No Action?? Clean Energy BuildGreenHouses • Unemployed • Free time • Volunteers • Activist • Pensionists • Mothers at home • Free land • Free cars • Free tools • Free resources FreeFood for City PlantTrees PerformArts Help For Disabled TeachChildren „No Money!!“ Psychotherapy
OpenWork – FreePeople- EKO Currency Clean Energy BuildGreenHouses • Unemployed • Free time • Volunteers • Activist • Pensionists • Mothers at home • Free land • Free cars • Free tools • Free resources FreeFood for City EKO ProjectsEKOJobs PlantTrees PerformArts EKOCurrency Help For Disabled TeachChildren Psychotherapy
EKO Bank Mission Create free, worldwide electronic currency, which will be issued for exchange of spare work or resources, that are not evaluated by usual money.
World Of Money – IT Networks Authorization BANKS Russia Vienna EEA TRANSFERS Trust RATING Slovakia Rating Venezuela DEBTS Me Eurozone USA Argentina Microsoft
Money Are Just Information „How much resources I am contracted to provide„ If group of people has own information system of resources, contracts, and debts,they have their money!!
EKO Micro-BankingServers P2P BankWorld Family Business Friend Family City District My City Bank Trust Trust Trust BANKS Rating ME Authorization Rating County Eko - community Trust University IT Company Trust Rating Rating
Future Money And Economic Independent Network of Information Systems
Integration Of ExistingConcepts Renewable, Non-inflation Currency Theory BitCoin LETS Systems ResourceBasedEconomy P2P OpenSource Distributed System MMORPGGames
KeyFeatures Of EKO Bank Client Software • Free to download • Open source code with continuous public development • Distributed architecture – no „central servers“ • Global compatibility & P2P connectivity • Attractive and easy like online game
EKO Bank Client Covers: • Emisson and exspiration of money units • Currency covered by work and resources • Electronic signage and rating of emissions • Resource catalogue with market pricing • Transactions and their verification • Resources integration to useful products and projects • Distributed logging and authentification
DistributedEmission In EKO Bank Municipality, Company,Family, City, County, - are enabled to issuetheirown: • Municipalmoney • Corporate money • Community money • City money • County money - Butall of them as compatible, universal EKO Currency
UniversalEKO-CurrencyUnit 1 hour workof non-qualified adult man 1EKO = Limited emission, Limited accumulation Same value worldwide, now and in 100 years Every useful product or service contains some amount of work, which was invested for its production Difficulty of different works can be evaluated as multiple of basic 1 EKO work
EKO Currency Covering • Every issuer covers his EKO emission by REAL work and resources contracted in advance. • EKO can be issued in exchange for any unusedor abundant work or resources, which somebody else consider as useful. • EKO can evaluate all those useful mothers, children, invalids, pensionist and other „unemployable“ people in classsic economy.
EKO –100% Covered by Usefulness Contracted Work And Resources ExistingEKOissued 100% Coverage
EKO Emission Covered by Work EKO Bank „My City“Database of Work/Resources English teaching 100h month Accounting 500h year Driving 100h year Participant 1 „Driving“ 100h/1 month! 100 EKO Valid 1 month Participant 2 „Accounting“ 500h/1 year! 500 EKO Valid 1 year Participant 3 „English teacher“ 1000h/1 year! 1000 EKO Valid 1 year
AccountBalanceIn EKO-Economy John -100 EKO „John, I willworkfor you!!“ 25h x 4EKO EKOLiabilities - +100 EKO EKO Debt 0,00 EKO -100 EKO 0 0 EKO Currency EKO Assets -100 EKO +100 EKO 0,00 EKO + +100 EKO „Peter, work for me!“ 50h x 2EKO Peter
EKO Exspiration – based on contracted period Valid 1 month 100 EKO Participant 3 „English teaching“ = contracted to provide the teaching during 1 month Participant 1 „Driving“ Valid 1 Year 1000 EKO = contracted to provide driving during 1 year Participant 2 „Accounting“ Valid 25 years = credit for 25Y covered by work contract 5000 EKO = contracted to provide this service by end of life
EKO Bank Creation Rating My EKO Bank • Download „EKO-Bank“ software - free • Install and customize: • Your identity, credentials of yourmicro-bank • Yourresources, yourinternalfees • Refineyourworkcategories • Createyourcatalogue of work and resources • EKO emissionlimits and verification • Invitefriends (client SW) and issue EKO for them • Publishyour mikro bank and emissions to world – P2P Trust P2P mikro-banks World
Micro Bank Trust Concept Children • Micro Bank = Trustworthy Community • Demanding mutual reliablity, • Mutual trust • Knowing each other • Common responsibility • Personal relations • Solidarity for non productive members My EKO Bank Me Friends Non-productive members – EKO for free!! Partners Neighbors
Micro Bank Relation To World Children Vital data: • Rating (external) • Trust (internal) • EKO Emission Summary • By exspiry groups • Participants overview • Balance sheets My EKO Bank Me Friends Trust Non-productivemembers – EKO for free!! Rating P2P BanksWorld Authorization Partners Neighbours
EKO Currency Anti-inflation and Anti-cummulationEffect EKOAmount 1 Year Contract 5 YearsContract End Of Life ShortestContracts LongestContracts Time of validity
„My Coding“ – InitialEmission I. For The 1st Timethe offered price needsto be verified by EKO market, startingwith 1,0 „I offer 100 hours of my codingfor 10 EKO/hour!“ FullPrice Total1000 EKO issued 100% RequestedEmission Price +200 EKO issued +100 EKO issued Second Business30% of contract First Business10% of contract BasicPrice = 1,0 100 EKO issued 100% Sold Nobody wants it Realised Demand
„My Coding“ - Emission II. Price CouldBeIncreased, ifanybodybuysit „I offer MORE 100 hours of my Codingfor 15EKO/hour!“ New FullPrice15E/h +250 EKO 100% Requestedprice per emission +250 EKO First Business50% of contract 1000 EKO issued VerifiedPrice = 10 New demand expected 100% Sold Realised Demand
No Business – Price Decrease Price ShouldDecrease, ifnobodywants the service and EKO wereissued „I offer MORE 100 hours of my codingfor 15EKO/hour!“ No Business100% of contract not fulfilled VerifiedPrice = 15 Price decrease50% - 7,50E/h 1500 EKO issued -1500 EKO Debt Nobody wants it Nobody wants it No Realised Demand
Partial Service Delivery Price CanBeDecresed to 1,0 or less?? „I offer MORE 100 hours of my singing for 15EKO/hour!“ Price decrease75% - 10E/h 15 EKO/h BasicPrice = 15 1500 EKO issued 50% of contractprovided 750 EKO Debt New demand expected 50% Provided Only Realised Demand
DifferentWorkPrices Non qualifiedmanuallyworking - default 1h = 1 EKO Cardio-surgeon 1h = 10 EKO Mentally or phsysicallydisabled, children 1h = 0,5 EKO Motherwithchild 16 h/day 1h = 1,5 EKO?
Market Defines Final Price BAD Kardiochirurg Demand 5h 1h default = 8,5 EKO Medium Cardio-surgeon Demand 20h 1h default = 10,1 EKO BEST Cardio-surgeon Demand for 150h 1h default = 18 EKO
ResourcesPricingBased On WorkInvested My EKO BankResourceDatabse Car 1000h month Accounting 1000h year Land 1000h year Car 1000 mandyas! 1000 EKO valid 1 month Accounting Software 1000 mandays! 5000 EKO! Valid 1 year 10 Ha of land 1000 mandays! 1000 EKO! Valid 1 year
AdditionalCosts In Standard Currency DriverWithCar 100h/month +0,25 EUR/km Needs to pay gasoline with EURO
EKO Tax – Version 1 – Currency Fee My Micro BankResourcesDatabase English 1000h month Accounting 500h year CarDriver 100h year CarDriver 100h/month! 90 EKO valid 1 month • Resources for: • Projects • Non productivemebers • Loans 10 EKO Valid 1 month EnglishTeacher 1000h/year! 900 EKO Valid 1 Year 100 EKO Valid 1 Year
EKO Tax – Version 2 – ResourceFee My Micro BankResourcesDatabase English 1000h month Accounting 500h year Cardriving m 100h year CarDriver 100h/month! 100 EKO valid 1 month • Resources for: • Projects • Non productivemebers • Loans 10hours 100hours Valid 1 year Valid 1 month EnglishTeacher 1000h/year! 1000 EKO Valid 1 Year
EKO Tax – Version 1 + 2 – Resource And Currency Fees My Micro BankResourcesDatabase English 1000h month Accounting 500h year Cardriving m 100h year CarDriver 100h/month! 90 EKO valid 1 month • Resources for: • Projects • Non productivemebers • Loans 10hours 100hours Valid 1 year Valid 1 month 10 EKO EnglishTeacher 1000h/year! 900 EKO Valid 1 Year 100 EKO
Donated And Charged EKO Resources For „EKO – Projects“ GreenGardens In Cities World HumanitarianActivities FreeEco-housing AlternativeEnergiesSolutions • allthoseusefulactivites you canimagineyouwant to participate!
EKO LoansUsage P2P BankWorld FreeResources Family Business Friend Family City District My City Bank EKO Project Ecological community University IT Company
SmallEnterprises– Micro Projects: Electrician + MechanicalEngeneer + Energy Specialist EKO Windgenerators Printer specialist + GraphicDesigner + Sociologist EKO Advertisement Farmer + Hunter + Cook EKO Restaurant • All for EKO Currency!
EKO Projects - SyndicatedResources – ActiveSearch Independent „Off The Grid“ Housing World PieceActivities Politics NuclearWeaponsDisarmment Work Material Tasks/Workers Tasks/Workers Resources/ Modules Resources/Modules
Combined EKO Work And Resources – ActiveSearch Product 1: „FreeHousing“ 10 x Product 2: „World Peace“ Offerings in DB Work 89,4% „Looking For Activist“ Activedemand, new, creativesyntheticjobs Material 75,2%
Social And Psychological Benefits For Society Renewedexperience of mutualbeneficiencyofhuman in economy Seriosulyincreasedself-esteam and usefulnessperceptions Participation on publicgood and values Increasingresponsibility for futuredevelopment
EKO Portal P2P BankWorld Family Business Friend Family City District My City Bank Trust Trust Trust Rating ME EKO-Portal TrackerIndexerSupport Authorization Rating County Eko - community Trust University IT Company Trust Rating Rating
EKO/BitCoinComparision Eko Bank BitCoin Coverage 100% Coverageby realworkand resources CPU Time Spent– no human-usefuloutput EmissionSignage Eachemissionsigned, trusted/ revoked AllCoins Are UnidentifiedUnits Currency Generation Exponencial - based on newcomersresources Slowgeneration, independentfromusers TotalAmountLimitation Limitsbased on actualrealcoverage Limited to 21 Mil. Social Reliability Trust fromInsideRating fromOutside Anonymous, HardCodedRules Spreading Social networksinvitations IT-freaks, just as rarity
ExponencialGrow EKO-Portal TrackerIndexerSupport „John, do you havefreetime or resources for trade?“ „Peter, do you havefreetime or resources for trade?“ „Yes, cool!“ SW „I willrun my college EKO bank!“ „I havefreetime“ +100 EKO +100 EKO +100 EKO +100 EKO +100 EKO +100 EKO My City Bank „I willcode 100h“ „Heyguys, I willpay you for yourfreetime!“ +100 EKO +100 EKO +100 EKO +100 EKO +100 EKO +100 EKO My School Bank +100 EKO +100 EKO +100 EKO +100 EKO John „Yes, cool!“ „Friends, wannaearn for yourfreeresources? Joinour EKO bank! +100 EKO Peter +100 EKO
NextSteps in EKO Bank Project 1. Project Charter- definevitaldefinitions and ideas 2. Definition– conceptanalysis, prototyping, design- releases- web 3. Implementation – open a OpenSource Project
Poznámky • Web+ WIKI • Dano – mission/ciele, vizia • Zdroje = linky • PrincipyRobo: Mission „Vytvorit informacny system na podporu slobodnej ekonomiky“ • Nabor • Dano - release planning • Prototyp – P2P? Web applikacia
Web Server Hosting • Server Eko Banky • Klient /Web • Hra na alternativnu ekonomiku
Links River HOURS HUB Culture We merge online and physical places. http://www.hubculture.com/ Francis Ayley Fourth Corner Exchange Bitcoinopen source implementation of P2P currencyhttp://www.bitcoin.org http://www.blisty.cz/art/53127.html