My experience with people I've met through this network is that they are very out of touch with the financial world.
I am currently working on a variety of things related to tools for community currency development. I am looking at available systems, both closed and open source as well as helping to design systems myself. I am currently involved with a group that is looking to develop a Drupal based CC trading system. I am personally involved in designing an API to give PHP web developers access to Cyclos data. Some other technologies have been alluded to, but the Juno specification comes first. If you run Cyclos and you are looking to expand your web UI, you may want to get involved with Juno at this point.
My personal background is mainly in Computer Science (BS CS). I have years of working experience in Java, Python, Perl, RDBMS, J2EE, PHP, and much more. I also have a lot of relevant knowledge of mathematics. I've done development work for major e-commerce and finance companies on Wall St. and elsewhere. I'd like to be able to bring this experience to the CC table. I personally think that there is a lot of underestimating the efforts required for CC implementations (that are valuable), and I'm spending a lot of effort sorting the serious folks from the others.
If you are a community currency implementer feel free to contact me if you have any questions about what your options are as far as software tools go. I am personally enthusiastic about the concept of CCs and I am willing to work with people who are serious, committed, and knowledgeable about this area. High levels of investment capital are a plus, but
not a requirement.
My article has recently been featured in
DGC Magazine. You can read it on my blog at
joshuazeidner.com.
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I just realised I responded on my own wall, so you probably didn't see this below, which is better on your wall than mine anyway.
At 7:53pm on April 29th, 2008, Michael Linton said…
Apparently not useful enough. OK - a bit more clarification.
In response to your comment - "between banks" is not what we have in mind, Cyclos or otherwise. Nor "between currencies" for that matter.
Cyclos, in its present form, isn't open money. To offer open money it would have to enable general users to declare / use cc without admin intervention. That's not presently in their system or their plans as far as I know.
So it seems a strange base to build on. That's up to you of course, but I can't see any good reason to go that way. Why not go with open money?
-jmz
So, does the information make distinctions that are useful to you?
What I am doing is make the people in the network aware of it. Thanks for the link for financial knowledge.
Fer
There is a piece on open money with all the links to the work.
You are right about me I am out of the financial world. There is one bad and one good part of it. The good one is that I have no preconditioning on how things should work. The bad one. Ignorance. :-) ...what kind of financial knowledge you believe is must essential to expand the understanding and potential of community currencies?
Also, there is an offering of Les Squires on helping anyone with pictures.
I've been using the term "vector currency" for much longer, and found some time ago that at least one other was using the term in the same way. To put it loosely, I tend to think of "parallel currencies" at those which can be used to complement "legal tender" but not necessarily in a simultaneous transaction. In contrast, I think of a "vector currency" as carrying a number of variables (or "channels") in a simultaneous transactions (some or all of which might be zero). Most components of such a vector currency will be "scalar currencies" (i.e. a single value) such as a Dollar, and Hour or a kWh (but there is not reason why they might also be vectors). The terms "vector" is not always used consistently, and I'm taking liberties with it in any case.
Components of a vector currency might (for example) include (within a single transaction) a set of numbers (or possibly other information) to convey
- a number of person-hours (for work carried out)
- a weighting factor for that (if time is not valued equally)
- a record of energy consumed
- a record of carbon emission quotas consumed (to be subtracted from an allocation)
- an abstract measure of environmental impact (to be subtracted from an allocation)
- a measure of distance separating two participants in a transaction
- a weighting function of that separation modifying one or more other values in the vector
- a vector comprising values identifying various environmental and social impacts impacts of a transaction
- a vector comprising functions mapping combinations of other components onto weighting functions
- parameters to rationing, limiting and equalizing functions
- lots of things I haven't imagined
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