Bloom Network is happy to announce we are a finalist in Ledger’s 2nd Open Call, part of the Next Generation Internet Initiative.
Ledger is a #venturebuilder allocating up to €200k #equityfree to develop #humancentric solutions using #decentralized#technologies such as #blockchain #DLT #peertopeer #datagovernance #privacybydesign #citizendatagovernance.
LEDGER is a European project financed by the European Commission. They are looking for 32 Minimum Viable Products and Services, in order to achieve new models that preserve citizens’ digital sovereignty, where data is a common good owned by citizens and wealth created by data-driven platforms is equally distributed.
Based upon our last ten years of research and development, Bloom Network’s proposal for this program is to build open source peer-to-peer economic modules using smart organization tools to support the emerging market of regenerative enterprise.
Specific to this moment of collapse, Bloom is connected with groups working around the world on a) open source supply chains, b) regional food resilience, and c) mutual aid societies. All of these groups are using Google Sheets + Facebook, and none are connected to each other. We want to support them with distributed ledger tools and use this opportunity to switch to more data sovereign and open collaboration systems.
On a technical level, these are some of the modules we will create, using established P2P governance software including Aragon and Autark’s Open Enterprise suite:
- Local budgeting: the ability of local chapters to automatically receive a percentage of membership dues
- Participatory budgeting among members of the cooperative
- Cross-sector finance: bridging the funding gap to the grassroots sector which is inherently decentralized, by using decentralized project management software to empower efficient mobilization across organizational boundaries
These are some of the needs we’ve identified that we plan to address during the program:
- The ability to collaborate across different movements and industries, without the intermediation of centralized corporations, and with data sovereignty
- Greater visibility of regenerative initiatives, including peer-to-peer technologies, to the general public
- Restorative justice governance: improving the ability of historically marginalized groups to have power and voice in decisions about where funding is allocated and what programs are developed
The modules we create will be both technical using existing decentralized governance and project management software, and also social, documenting the social processes and leadership methods that Bloom Network has found effective over the past ten years across our 100+ local chapter networks.
Our goal is to set up and test digital infrastructure for an international distributed cooperative that can be used and adapted by other networks. Through the Ledger program, we would receive support in selecting existing P2P privacy-protecting technologies to utilize, as well as business support to actualize the research and development we’ve done in the emerging market of regenerative enterprise, to support equitable post-pandemic economies.