Initiative
Seratio

Seratio ... a summary of the initiative s of 161019

Burgess COMMENTARY

Peter Burgess

Phronesis I INTRO: SERATIO BLOCK (2 min 20 sec)

https://youtu.be/ApgNCzcTNCU

Phronesis II DEEP DIVE: DIGITAL GOOD – DIGITAL GRATITUDE – DIGITAL PROVENANCE (12.5 min) Prezi http://ow.ly/A34u303S4wa Video https://youtu.be/kTiUeHAvBFc

It is the aim to make significant structural change through this innovation.

There are currently 3 main Proof of Concept pilots for Q4 2016.

a) REWARDING CHARITY/NGO: The unsung heros that volunteer in our society bring real value to all of us. We are launching a regional pilot in the UK targeting the 7 million carers in the UK (1:10 of the population) with the retail solution shown in Phronesis II. Initial target are carers that work within learning difficulties with our regional coordinating partner in mid England being www.heartofenglandmencap.org.uk

b) ISLAMIC CURRENCY: Currencies based on beliefs are strong contenders for cryptocurrencies based on positive values. Muslims have a highly developed economically active network (eg. cross-border remittance) and believe in trading with integrated values based on trust within the community. We have formed a 50/50 JV with Hijaz University lead by Sheykh Siddiqi5 to develop a 2017 solution targeting initially 500 million Muslims (UK, Indonesia, Pakistan, Saudi Arabia) including a blended anti-radicalisation agenda Check out: https://en.wikipedia.org/wiki/Faiz-ul-Aqtab_Siddiqi

c) HYPERLEDGER: More a goal than present reality, we are working to have the Seratio block admitted into the Hyperledger (www.hyperledger.com) as a build standard for non-financial value blockchains.

Check out: https://en.wikipedia.org/wiki/Faiz-ul-Aqtab_Siddiqi

a) ARCHITECTURE (2016-17): Following PoC trials in 2016, establish the Seratio BaaS system to enable a multitude of applications that may use non-financial value.

b) UNICORNS (2017-18): Roll out several high profile, volume, applications that scales the technology in retail, religion, Hyperledger standards and game changer sector of Artificial Intelligence and Bot markets; this 2 min video presentation outlines our ambitions #mydigitalconscience https://youtu.be/tdjyoxfuhHs

c) OFFLINE>ONLINE (2018-19): We consider the Seratio blockchain to be a key enabler for the transformation of offline markets currently transacting on intangible sentiment where digitisation has not yet been adopted - to online opportunities thereby more than doubling the IoV market size. Examples we are currently working on several pilots include Ethical Leadership (commissioned by www.missionperformance.com) and Health & Wellbeing (commissioned by www.moveitorloseit.co.uk).

d) CAPACITY DEVELOPMENT (2019-20): Sustainability, Happiness Index, etc are amongst the 1500 (listed http://ow.ly/CbFUa) non-financial impact metrics used globally. Whilst they articulate other non-asset class values, they are unable to transact them – something increasingly required to underpin legislation (eg. http://ow.ly/JNxqv). Our early focus will be migrating our own Fast Data prodigy metrics to blockchain - such as Freedom (www.modernslavery.uk), Social Impact (www.publicvalue.online), Personal Value (www.serat.io), several European Union projects (www.socialvalue.eu), MOOC educational certification (www.seratio.org), etc. We will JV with other partners who are active and have momentum in their own online industries eg. dating, social media, recruitment, anti-money laundering, etc.

e) ADOPTION (2020-21): Finally, with a 5 year global adoption strategy, we intend to deliver our Phronesis World built on a Distributed Ledger of Non-Financial Value to allow existing digital ‘whales’ to interact with our values.

The Centre for Citizenship, Enterprise and Governance (CCEG, www.cceg.org.uk) has been studying value movement and developing tools for its effective measurement since 2011. Below we have summarised some of the relevant parts to IoV Blockchain.

Financial tangible value of a transaction is the amount of digital value (eg. crypto coins) sent from one involved party to another, whereas non-financial intangible value represents intangible value of involved parties at the time of transaction. Total Value of every transaction is the sum of its financial (tangible) and non-financial (intangible) values. All objects / entities / individuals have their own financial and non-financial values and therefore analogical transaction reasoning can be applied and extended onto any tangible and / or intangible subject

Social Earnings Ratio (S/E) is an intangibles assessment metric that helps articulate non-financial (intangible) value in a single number. S/E was created at CCEG as the corollary to the Price Earnings Ratio (P/ E), the universally accepted financial value index. The S/E metric is constantly evolving. It was S/E used to calculate non-financial value of a business enterprise, but today the metric is mature enough to be deployed to monitor and articulate non-financial value of a country, region, family, SME, and even a network. S/E used to measure social impact of an individual is known as Personal Value (P/V).

The Social Earnings Ratio® is freely available under Creative Commons 4.0 International, Attribution-NonCommercial-NoDerivatives. Various SaaS platform builds using S/E Ratio® are operated by Seratio® at www.seratio.com. Calculation times are generally 10-60 seconds. We have chosen a couple of samples to illustrate its application to Blockchain. www.seratio.com

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EnvironmentalRatio 𝐸𝑛𝑣𝑖𝑟𝑜𝑛𝑚𝑒𝑛𝑡𝑎𝑙𝑅𝑎𝑡𝑖𝑜 represents environmentally consciousness of the entity / individual

AlignmentRatio 𝐴𝑙𝑖𝑔𝑛𝑚𝑒𝑛𝑡𝑅𝑎𝑡𝑖𝑜 shows how aligned people are to the analysed entity / individual;

CarbonReduction 𝐶𝑎𝑟𝑏𝑜𝑛𝑅𝑒𝑑𝑢𝑐𝑡𝑖𝑜𝑛 – amount of tCO2 reduced by the analysed entity in the observed year;

NonTradedCO2 𝑁𝑜𝑛𝑇𝑟𝑎𝑑𝑒𝑑𝑡𝐶𝑂2 – price of the non-traded tCO2

MoneyLeveraged𝑀𝑜𝑛𝑒𝑦𝐿𝑒𝑣𝑒𝑟𝑎𝑔𝑒𝑑 – money leveraged by the entity for the social purposes

ReportedCSR 𝑅𝑒𝑝𝑜𝑟𝑡𝑒𝑑𝐶𝑆𝑅 – claimed CSR spendings

PeopleSupported 𝑃𝑒𝑜𝑝𝑙𝑒𝑆𝑢𝑝𝑝𝑜𝑟𝑡𝑒𝑑 – number of people supported per social project

Capita;ization 𝐶𝑎𝑝𝑖𝑡𝑎𝑙𝑖𝑠𝑎𝑡𝑖𝑜𝑛 – capitalisation of the entity

Shares 𝑆ℎ𝑎𝑟𝑒𝑠 – number of shares

PositiveSentiments 𝑃𝑜𝑠𝑡𝑖𝑣𝑒𝑆𝑒𝑛𝑡𝑖𝑚𝑒𝑛𝑡𝑠 – number of positive mentions

TotalSentiments 𝑇𝑜𝑡𝑎𝑙𝑆𝑒𝑛𝑡𝑖𝑚𝑒𝑛𝑡𝑠 – number of total mentions

DegreesofSeparation 𝐷𝑒𝑔𝑟𝑒𝑒 𝑜𝑓𝑆𝑒𝑝𝑎𝑟𝑎𝑡𝑖𝑜𝑛 – correlation of network cohesion

MoneyRaised 𝑀𝑜𝑛𝑒𝑦𝑅𝑎𝑖𝑠𝑒𝑑 – money individual helped raise for social causes in the observed year

Donations 𝐷𝑜𝑛𝑎𝑡𝑖𝑜𝑛𝑠 – money donated by the individual in the observed year

PeopleInfluenced 𝑃𝑒𝑜𝑝𝑙𝑒𝐼𝑛𝑓𝑙𝑢𝑒𝑛𝑐𝑒𝑑 – number of people positively influenced by the individual

FinancialWorth 𝐹𝑖𝑛𝑎𝑐𝑖𝑎𝑙𝑊𝑜𝑟𝑡ℎ - financial worth of the individual

FamilyMembers 𝐹𝑎𝑚𝑖𝑙𝑦𝑀𝑒𝑚𝑏𝑒𝑟𝑠 – number of people in the immediate family

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The Holy Grail of social innovation industry is to hard code positive values with rewarding outcomes. Without it, we have two separate non-intertwining sectors. The latter, an all powerful financially driven asset world that generally governs strategic decisions, laws, and money. Frankly, all the key elements of life synonymous with higher and central authority – the antithesis of the blockchain philosophy. It has stuck because its correlation of FIAT money to benchmark success is very transparent.

Financial Value = ƒ ( 1 / Values )

That is true, however, only for cost (what something is worth), not what we are willing to pay for it (value). We need a hard link between non-financial metrics (values, beliefs, sentiments, feelings) and financial outcomes to provide an irrefutable glidepath to change. The Seratio Blockchain provides this. Value is not just asset class but within everyday asset prices there is the inherent non-financial value – eg. a car price reflects our ‘desire’ and emotional response to it. Greater transparency of the non-financial benefits that transaction brings to us results in greater (total block) asset value; for many instances this just means we can charge more for the same transaction as it conveys more of the values we are aligned to. At last our values can be equated to ‘good’ asset value, greater market size, greater total value. For the first time we can evidence empirically the relationship between doing ‘good’ and ‘value’, and accurately forecast the consequences of our decisions .

A further USP of our work is the introduction of an objective, repeatable and efficient Proof-of-Value for soft, intangible, non-financial transactions in Blockchain. This sits alongside existing Proof-of-Work, Proof-of-Stake, Proof-of-Activity and Proof-of-Existence for tangible hard data. For PoV data mining is the harvesting of sentiment in a distributed consortium ledger.

Background

Note information on the open source Social Earnings Ratio® (Creative Commons, 2011) may be found at the not-for-profit Think Tank, Centre for Citizenship, Enterprise and Governance ( www.cceg.org.uk ) which focuses on Movement of Value.

CCEG has received over 100 commissions, shown at www.socialearningsratio.com and operates 10+ SaaS platforms through the trading arm Seratio Limited ( www.seratio.com ).

CCEG has over 50,000 members including 6,900 heads of CSR of the world’s largest companies and 2000 politicians.

Members receive the journal Social Value & Intangibles Review

https://issuu.com/seratio .

CCEG has founded the IoV Blockchain Alliance for Good (Bisgit.IoV) at www.bisgit.org

Seratio Personal Value (narrative)

https://youtu.be/DfWUA9fflZQ

Centre for Citizenship, Enterprise and Governance Centre for Citizenship, Enterprise and Governance Subscribed32 Add to Share More 598 views 23 0 Published on Sep 28, 2015 Personal Value is a Social Earnings Ratio (S/E) prodigy metric developed by the Centre for Citizenship, Enterprise and Governance (www.cceg.org.uk) to measure a citizen's contribution to society, family and others. It is available at www.seratio.com SHOW MORE COMMENTS Peter Burgess Add a public comment...

The Phronesis II: Feel Good World

https://youtu.be/kTiUeHAvBFc

Centre for Citizenship, Enterprise and Governance Centre for Citizenship, Enterprise and Governance Subscribed32 Add to Share More 156 views 1 1 Published on Sep 3, 2016

ABOUT CENTRE FOR CITIZENSHIP, ENTERPRISE AND GOVERNANCE The Centre for Citizenship, Enterprise and Governance (CCEG www.cceg.org.uk), is the leading open source international Think Tank on the Movement of Value. With over 50,000 members, including 6000 of the largest companies in the world and 2000 politicians, CCEG has over 100 commissions at www.socialearningsratio.com and over 10 SaaS platforms at Seratio (www.seratio.com). ABOUT BLOCKCHAIN ALLIANCE FOR GOOD Internet-of-Value Blockchain Initiative for Socially Good Integrated Transactions (Bisgit.Iov) can be found at www.bisgit.org. [music by longzijun] SHOW MORE COMMENTS • 1 Phronesis (Ancient Greek: φρόνησις, phronēsis) is a Greek word for a type of wisdom or intelligence. It is more specifically a type of wisdom relevant to practical things, requiring an ability to discern how or why to act virtuously and encourage practical virtue, excellence of character, in others

Phronesis III: extended edition

https://youtu.be/DAG36h68wlg

Centre for Citizenship, Enterprise and Governance Centre for Citizenship, Enterprise and Governance Subscribed32 Add to Share More 22 views 0 0 Published on Oct 12, 2016 Extended version of https://youtu.be/tdjyoxfuhHs AI/Bots and #MyDigitalConscience Author: Tigris Ta'eed (Chief Disruption Officer, Seratio) Tracks: Askorbyk Acid and DirtyThumper Category People & Blogs License Standard YouTube License SHOW LESS COMMENTS