SENSORICA is an open, decentralized, and self-organizing value network. It is a commons-based peer-production network, focused on designing sensing and sensemaking technology.
There are two tracks of innovation within SENSORICA: sensing technology and the open value network model. The first is about integrating open source into ethical and open products. In other words, we design and manufacture open products (sensor devices and applications) to be exchanged on the market (see products). The second is about designing and implementing the open value network (OVN) model, a new organizational and business model.
As an organization, SENSORICA is
- designed to facilitate large-scale co-creation and exchange of value
- .....facilitates large-scale coordination and collaboration
- .....secures transactions among affiliates and reduces transaction costs
- .....facilitates resource management
- .....allows multi-dimensional value accounting and fair redistribution of revenue
- open: easy access to participation
- horizontal: non-hierarchical governance, autonomy of affiliates, structure shaped by value-based relations rather than power-based relations
- decentralized: bottom up allocation of resources, no central planning, no collective budget
- emergent and adaptive structure, constantly changing with respect to internal and environmental conditions
- SENSORICA is an ecosystem built on a value network.
SENSORICA is partially a market-based economy and partially a gift economy. For the first part, we find solutions to problems and exchange these solutions (products) on the market for revenue. For the second part, individuals and organizations are allowed to initiate projects that are mostly passion-driven, without expecting any extrinsic reward (financial compensation or other). SENSORICA offers the right balance between passion and duty, between freedom and constraint. SENSORICA is for benefit, NOT for profit (it is not a profit maximizing organization).