Promiserver Thesis Proposal Draft
Promiserver provides online services and APIs to facilitate trustworthy, meaningful collaboration and commerce. It represents these relationships as informal contracts, referred to as promises. Promises are socially constructed, community enforced, and procedurally executed. The project aims to offer a sensible, lightweight promise network as an alternative to heavy and inefficient legal commitments, and to facilitate new models of collaborative business by reducing transaction costs and improving market fluidity. This work grows out of OPENSTUDIO’s open transaction microeconomy and p2p commissioning.
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December 15th, 2006 at 7:13 am
[...] Today I read my friend Brent’s thesis proposal draft “Promiserver“. He is rethinking the contract system in the context of networked collaboration and creative micro-economy. He has been building web services and APIs to facilitate a trustworthy promise system. As an alternative to written-once static contracts, he is proposing procedural dynamic contracts that emerge from the community. In his words, Brent says: “The project aims to offer a sensible, lightweight promise network as an alternative to heavy and inefficient legal commitments, and to facilitate new models of collaborative business by reducing transaction costs and improving market fluidity.” [...]