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
Money/
Work
Jobs
Actual Status Of Money
Useful Work
to be done for people
Money/
Jobs
Useful Work – Money Outside
Clean
Energy
Free Food
for City
Teach
Children
Build
Green
Houses
Plant
Trees
Perform
Arts
Help For
Disabled
Psychother
apy
Money
Money/
Oriented
Jobs
Jobs
Free People – Useful Work
- No Action??
•Unemployed
•Free time
•Volunteers
•Activist
•Pensionists
•Mothers at home
•Free land
„No
•Free cars
•Free tools
Money!!“
•Free resources
Clean
Energy
Free Food
for City
Teach
Children
Build
Green
Houses
Plant
Trees
Help For
Disabled
Psychothe
rapy
Perform
Arts
Open Work – Free People
- EKO Currency
•Unemployed
•Free time
•Volunteers
•Activist
•Pensionists
•Mothers at home
•Free land
•Free cars
•Free tools
•Free resources
Clean
Energy
Build
Green
Houses
EKO Projects
Jobs Perform
Free FoodEKO Plant
for City
Teach
Children
Trees
Help For
Disabled
Psychothe
rapy
Arts
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
Russia
Vienna
BANKS
TRANSFERS
EEA
Slova
kia
RATING
Venez
uela
Argent
ina
DEBTS
Me
USA
Eurozo
ne
Micro
soft
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-Banking Servers
Family
Business
Family
Frie
nd
City
District
My City
Bank
P2P BANKS
Bank
ME
World
County
Eko community
IT
Company
University
Future Money And
Economic
Independent
Network of
Information Systems
Integration Of Existing Concepts
BitCoin
Renewable,
Non-inflation
Currency Theory
LETS Systems
Resource
Based Economy
P2P
Open Source
Distributed System
MMORPG
Games
Key Features Of EKO Bank
Client Software
1.
Free to download
2.
Open source code with continuous public
development
3.
Distributed architecture – no „central
servers“
4.
Global compatibility & P2P connectivity
5.
Attractive and easy like online game
EKO Bank Client Covers:
1.
Emisson and exspiration of money units
2.
Currency covered by work and resources
3.
Electronic signage and rating of emissions
4.
Resource catalogue with market pricing
5.
Transactions and their verification
6.
Resources integration to useful products
and projects
7.
Distributed logging and authentification
Distributed Emission In EKO
Bank
Municipality, Company, Family, City, County,
- are enabled to issue their own:
1.
2.
3.
4.
5.
Municipal money
Corporate money
Community money
City money
County money
- But all of them as compatible, universal EKO
Currency
Universal EKO-Currency Unit
1 EKO
=
1 hour work
of non-qualified
adult man
1.
Limited emission, Limited accumulation
2.
Same value worldwide, now and in 100 years
3.
Every useful product or service contains some amount of
work, which was invested for its production
4.
Difficulty of different works can be evaluated as multiple
of basic 1 EKO work
EKO Currency Covering
1. Every issuer covers his EKO emission by
REAL work and resources contracted in
advance.
2. EKO can be issued in exchange for any
unused or abundant work or resources,
which somebody else consider as useful.
3. 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
Existing
EKO
issued
EKO Emission Covered by
Work
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
EKO Bank „My City“
Database of Work/Resources
English teaching 100h month
Accounting 500h
year
Driving
100h
year
Account Balance
In EKO-Economy
John
„John, I will work
for you!!“
EKO
Liabilities
0
EKO
Assets
+
EKO
Debt
-100 EKO
EKO
Currency
+100 EKO
-100 EKO
25h x 4EKO
+100 EKO
0,00 EKO
0
„Peter, work
for me!“
-100 EKO
0,00 EKO
+100 EKO
50h x 2EKO
Peter
EKO Exspiration – based on
contracted period
Participant 3
„English
teaching“
Participant 1
„Driving“
100 EKO
Valid 1 month
= contracted to provide the teaching during 1 month
1000 EKO
Valid 1 Year
= contracted to provide driving during 1 year
Participant 2
„Accounting“
5000 EKO
Valid 25 years =
credit for 25Y covered by work contract
= contracted to provide this service by end of life
EKO Bank Creation
1. Download „EKO-Bank“ software - free
2. Install and customize:
–
–
–
–
–
Your identity, credentials of your micro-bank
Your resources, your internal fees
Refine your work categories
Create your catalogue of work and resources
EKO emission limits and verification
My EKO
Bank
P2P
mikrobanks
World
3. Invite friends (client SW) and issue EKO for them
4. Publish your mikro bank and emissions to world –
P2P
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
Friends
Me
My EKO
Bank
Partners
Nonproductive
members –
EKO for free!!
Neighbo
rs
Micro Bank Relation To World
Vital data:
• Rating (external)
• Trust (internal)
• EKO Emission Summary
Children
Friends
Me
– By exspiry groups
• Participants overview
• Balance sheets
P2P
Banks
World
My EKO Bank
Nonproductive
members –
EKO for free!!
Partners
Neighbo
urs
EKO Currency Anti-inflation and
Anti-cummulation Effect
EKO
Amount
1 Year Contract
5 Years Contract
End Of Life
Shortest Contracts
Time of validity
Longest Contracts
„My Coding“ – Initial Emission I.
„I offer 100 hours of my coding
for 10 EKO/hour!“
Full
Price
Total 1000 EKO issued
100% Requested
Emission Price
+200 EKO issued
+100 EKO issued
Second Business
30% of contract
First Business
10% of contract
Basic
Price = 1,0
100 EKO issued
Nobody wants it
For The 1st Time
the offered price
needs to be verified
by EKO market,
starting with 1,0
Realised Demand
100% Sold
„My Coding“ - Emission II.
New Full
Price
15E/h
„I offer MORE 100 hours of my
Coding for 15 EKO/hour!“
+250 EKO
Verified
Price = 10
1000 EKO issued
+250 EKO
100% Requested
price
per emission
First Business
50% of contract
Price Could Be Increased, if
anybody buys it
New demand expected
Realised Demand
100% Sold
No Business – Price Decrease
„I offer MORE 100 hours of my
coding for 15 EKO/hour!“
No Business
100% of contract not fulfilled
Verified
Price = 15 1500 EKO issued
Price Should Decrease, if nobody
wants the service and EKO were
issued
Nobody wants it
No Realised Demand
Price
decrease
50% 7,50E/h
-1500 EKO Debt
Nobody wants it
Partial Service Delivery
„I offer MORE 100 hours of my
singing for 15 EKO/hour!“
Basic
Price = 15 1500 EKO issued
15 EKO/h
50% of contract
provided
Price Can Be Decresed to 1,0 or
less??
New demand expected
Realised Demand
Price
decrease
75% 10E/h
750 EKO Debt
50%
Provided Only
Different Work Prices
Non qualified
manually working default
Cardio-surgeon
1h = 1 EKO
1h = 10 EKO
Mentally or
phsysically disabled,
children
1h = 0,5 EKO
Mother with child
16 h/day
1h = 1,5 EKO?
Market Defines Final Price
BEST Cardio-surgeon
Demand for 150h
Medium
Cardio-surgeon
Demand 20h
BAD Kardiochirurg
Demand 5h
1h default
= 18 EKO
1h default
= 10,1 EKO
1h default
= 8,5 EKO
Resources Pricing Based On
Work Invested
1000 mandyas!
Car
1000 EKO
valid 1 month
Accounting
Software
1000 mandays!
5000 EKO!
Valid 1 year
1000 mandays!
10 Ha of land
1000 EKO!
Valid 1 year
My EKO Bank
Resource Databse
Car
Accounting
Land
1000h
1000h
1000h
month
year
year
Additional Costs In
Standard Currency
Driver With Car
100h/month
+0,25 EUR/km
Needs to pay gasoline with EURO
EKO Tax – Version 1 – Currency Fee
My Micro Bank
Resources Database
100h/month!
Car Driver
English
Accounting
Car Driver
1000h
500h
100h
month
year
year
90 EKO
valid 1 month
10 EKO
Valid 1 month
1000h/year!
English Teacher
900 EKO
Valid 1 Year
Resources for:
- Projects
- Non productive
mebers
-Loans
100 EKO
Valid 1 Year
EKO Tax – Version 2 – Resource Fee
My Micro Bank
Resources Database
100h/month!
Car Driver
English
1000h
Accounting 500h
Car driving m 100h
month
year
year
100 EKO
valid 1 month
1000h/year!
English Teacher
1000 EKO
Valid 1 Year
10 hours
100 hours
Valid 1 month
Valid 1 year
Resources for:
- Projects
- Non productive mebers
-Loans
EKO Tax – Version 1 + 2 – Resource
And Currency Fees
My Micro Bank
Resources Database
100h/month!
Car Driver
English
1000h
Accounting 500h
Car driving m 100h
month
year
year
90 EKO
valid 1 month
1000h/year!
English Teacher
900 EKO
Valid 1 Year
10 hours
100 hours
Valid 1 month
Valid 1 year
10 EKO
Resources for:
- Projects
- Non productive mebers
-Loans
100 EKO
Donated And Charged EKO
Resources For „EKO – Projects“
Green Gardens
In Cities
World
Humanitarian
Activities
Free Eco-housing
Alternative
Energies
Solutions
- all those useful activites you can
imagine you want to participate!
EKO Loans Usage
Family
Business
Family
Frie
nd
City
District
Free
Resources
My City
Bank
P2P Bank
EKO
Project
World
Ecological
community
IT
Company
University
Small Enterprises
– Micro Projects:
Electrician + Mechanical Engeneer + Energy Specialist
EKO Wind generators
Printer specialist + Graphic Designer + Sociologist
EKO Advertisement
Farmer + Hunter + Cook
EKO Restaurant
- All for EKO Currency!
EKO Projects - Syndicated
Resources – Active Search
Independent
„Off The Grid“
Housing
Work
Material
World Piece
Activities
Politics
Nuclear
Weapons
Disarmment
Tasks/Workers
Tasks/
Workers
Resources/
Modules
Resources/Module
s
Combined EKO Work And
Resources – Active Search
Product 1:
„Free Housing“
10 x
Product 2:
„World Peace“
Offerings in DB
Work
Material
89,4%
75,2%
„Looking For Activist“ Active
demand, new, creative synthetic
jobs
Social And Psychological
Benefits For Society
Renewed experience of mutual
beneficiency of human in economy
Seriosuly increased self-esteam and
usefulness perceptions
Participation on public good and values
Increasing responsibility for future
development
EKO Portal
Family
Business
Family
Frie
nd
City
District
My City
Bank
P2P Bank
ME
EKO-Portal
Tracker
Indexer
Support
World
County
Eko community
IT
Company
University
EKO/BitCoin Comparision
Eko Bank
BitCoin
Coverage
100% Coverage
by real work
and resources
CPU Time Spent
– no human-useful output
Emission
Signage
Each emission signed,
trusted/ revoked
All Coins
Are Unidentified Units
Currency
Generation
Exponencial - based on
newcomers resources
Slow generation,
independent from users
Limits based on actual real
coverage
Limited to 21 Mil.
Social
Reliability
Trust from Inside
Rating from Outside
Anonymous,
Hard Coded Rules
Spreading
Social networks invitations
IT-freaks, just as rarity
Total Amount
Limitation
EKO-Portal
Tracker
Indexer
Support
Exponencial Grow
„John, do you
„Peter, do you
have free time
have free time
or resources for
or resources for
trade?“
trade?“
„I have free time“
+100 EKO
+100 EKO
+100 EKO
+100 EKO
+100 EKO
„I will code 100h“
+100 EKO
John
My School
+100 EKO
Bank
+100 EKO
My City Bank
+100 EKO
+100 EKO
+100 EKO
+100 EKO
Peter
+100 EKO
+100 EKO
+100 EKO
+100 EKO
+100 EKO
+100 EKO
Next Steps in EKO Bank Project
1. Project Charter- define vital definitions
and ideas
2. Definition – concept analysis,
prototyping, design
- releases
- web
3. Implementation – open a Open Source
Project
Poznámky
• Web+ WIKI
– Dano – mission/ciele, vizia
– Zdroje = linky
– Principy
Robo: 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
Francis Ayley
Fourth Corner
Exchange
HUB Culture
We merge online and physical places.
http://www.hubculture.com/
Bitcoin
open source implementation of P2P currency
http://www.bitcoin.org
http://www.blisty.cz/art/53127.html