Open Value Accounting

Decentralized Monetary Protocol

A protocol grammar for tracking contributions to a peer production network across multiple registers (effort, resources, expertise, reputation), with contributions converted into equity shares of network output through community-defined valuation processes. Value accounting is optional rather than mandatory for participation. Prototype: Sensorica Open Value Network.

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Details

License Libre; multiple repositories under Sensorica and affiliated organizations.
Dev Status 🔨 WIP
Dev Status Detail WIP — Sensorica operational; broader OVN protocol standardization in development.
Owner Sensorica (open network); affiliated with P2P Foundation research community.
Country Canada (Sensorica origin) / global (network).
Start Year 2011
Stack Diverse implementations; NRP (Network Resource Planning) software; Valueflows-based applications.
Funding Volunteer; foundation grants; project-based revenue sharing.
Last Investigated Jul 1, 2026

Use Case Domains

Platform Evolution & Sovereignty

Decentralized Monetary Protocol Attributes

Origins Open hardware research; peer production theory; commons-based value capture; Valueflows ontology.
Data Formats Contribution logs; resource event records; agreement structures; Valueflows-aligned ontology data.
Terms Open network participation; contribution accounting governed by Sensorica social charter.
Funds Unknown — primarily volunteer-operated; specific funding figures not publicly consolidated.
Based On P2P theory (Bauwens); Valueflows ontology; commons-based peer production literature.
Permissions Open membership with community-defined contribution validation; transparency required.
Smart Contract No — primarily off-chain accounting; some blockchain integrations explored.
Development Tools NRP software; Valueflows-aligned tools; community-developed accounting applications.
Protocol Maturity / Standardization Academic / Research; Pazaitis/Kostakis/Bauwens MDPI paper is anchor reference.
Trust Framework Community social charter; peer review of contributions; transparent ledger; democratic weighting of value attributions.
Target Application Domain Open hardware development; commons-based peer production; cooperative coordination; contribution-based equity distribution.
Game-Acceptance Position Modify-Additive — coexists with conventional monetary systems and labor markets.
Accumulation Regime Capped — accumulation in equity-shares rather than spendable currency; redemption governed by network rules.
Coordination Mechanism Deliberative — peer review under social charter; community valuation of contributions.
Issuance Model Member-collective — network issues contribution credits and equity shares per agreed valuation.
Value-Signal Type Plural rational units (incommensurable); multiple contribution types weighted by democratic agreement.
Federation Pattern Peer-to-peer mesh — cross-network value transfer through Valueflows-aligned ontologies.
Substrate Independence Substrate-neutral; implementations vary across software platforms.