This is a very exciting project! Connecting agriculture and finance in this new way is cutting edge and you are really breaking ground with this. My one caution for you is that in emphasizing the rejuvenation of the carbon cycle, you are marginalizing the rejuvenation of the hydrological cycle and the nitrogen cycle. While you may believe that some dimensions of water and soil problems will be solved indirectly by giving primary attention to the carbon cycle, as noted in the paper I would ask to consider that all three cycles are of equal and interrelated importance and all deserve balanced attention if we are to create an economy based on the carrying capacity of the planet.
Read their whitepaper draft. Additionally, here is Regen.network’s website and the following text, written by Gregory Landua is reposted from their Medium account:
Implicate Intersections: The Global Weirding
The Emerging Crisis of Trust
Gregory Landua: Centralized failures of management of resources resulting in cascading ecosystem failures, increases in surveillance of citizens by unaccountable agencies as well as corporate actors, behavior and social manipulationthrough media and social media, and engineered mistrust intersect to form a general crisis of trust. Even trust in neighbors is undermined as polarized views and media is used to divide and conquer. This all forms into the necessity of revisiting trust as a fundamental layer for social interactions and the basis of our social contract. Regen.network is built to grow the capacity to focus on common interests and empower all stakeholders to hold those resources in trust as stewards of both outcomes and verification of those outcomes, providing a remedy to the generalized malaise of rightful distrust of centralized, opaque and degenerative governmental, economic and social structures.
The rise of AI, big data and machine learning is already having huge impacts on society. Many of the impacts are visible in the earlier mentioned crisis of trust and incomplete machine learning algorithms are used to manipulate behavior of citizens as consumers. The larger debate about the safety of AI ranges from Elon Musk’s alarmist stance and public statements that AI should be governed and humans augmented, to enthusiasts who are blindly investing billions of dollars and significant human resources to feed the growth of “artificial” intelligence. Whether or not machine intelligence is truly artificial is not the focus on this conversation, however it warrants further discussion. AI is an important emerging disruption to our reality and, as such, warrants significant design consideration in any Information Technology project. Regen.network aims to grow the capacity of machine learning and attend deeply to the subtle nuances and complexities of ecological dynamics, health and regeneration, and to create a space for a deep human-machine partnership with the biosphere. This dynamic partnership is essential for all three elements of the whole to thrive.
The rapid acidification of oceans, increasing rates of soil loss, accelerating loss of biodiversity, warming climate, environmental toxicity, and global scale degeneration of living systems is all emerging faster on a wider scale than humans have had the capacity to deal with. Humans are notoriously bad with exponential foresight and decision making. Apparently calculus is not our strength, and most of us, especially in governance decisions, have very short aims focused into the sharp point of survival instincts gone awry in the form of greed, optimization of financial liquidity at the expense of eco-social health. This collapse is passing our ability to attend to and respond to with centralized and glacial scientific structures. The structure of academic peer review is broken and mostly used to maintain positions of status instead of increase the capacity of the learning community to understand complex systems. The perverse economic and bureaucratic incentives of centralized power must be removed as obstacles and the ability of business, community, and individual initiative must be unleashed to find creative solutions to regenerate ecosystems around the world. Regen.network will start with terrestrial agriculture and expand to other lands, mariculture and ocean management as quickly as the creative genius of communities around the world can be unleashed to solve for peer-to-peer monitoring and verification and baseline calibration solutions for ecosystems.
Money Eats the World
Whether the destructive power of hyper liquidity in financial markets ripping away the foundation of living capital and turning it into financial instruments, or the massive energy weight of running proof of work consensus to avoid coercive centralized currency issuance, it is plain to see that money is literally eating the world. While we believe that the transparent costs of a proof of work cryptocurrency is far preferable to trust we all have in the continue ability of the US military to control the worlds metro-resources that makes the dollar the global currency, Bitcoin’s designed decentralized inefficiency is still world eating. It is less bad, but not good enough, and needless to say it is certainly not regenerative. The imperative to generate a decentralized currency system based on regenerative utility, that is a real use that increases the health of ecosystem through use is essential to a healthy functioning economy, and the maturity of the cryptocurrency and blockchain community which threatens to teeter into a war between crypto kitties and hyper liquid financialization instead of fulfilling the philosophical promised and potential of what the distributed ledger and decentralized economy can bring.
The Distributed Economy
Distributed ledger technology, sharing economy (both real and pseudo-sharing economy), micro transaction networks, token economics, and the new decentralization and distribution of technology and fungibility of decentralized cryptographic network tokens that represent various forms of assets unlock the potential for a new economy optimized for cooperation, evolution of diversified niche economic roles, and massive participation in a non-coercive mutualistic network economy. This emergence is not a minute too soon. Massive experimentation is now underway and many DApps and platforms are being born. Regen.network is designed to be a network and platform that serves to accelerate decentralized innovation to reconnect human economy with living systems and the imperatives for biological and ecological health. This is accomplished by providing the framework for the exchange of verified ecological data as the basic currency for a new regenerative, bioregionally-sourced, global decentralized economy.
The growing movement to leverage the potential of soil to sequester carbon including governmental and business initiatives globally, also has deep strategic and ethical imperatives. As noted in the previously published Levels of Regenerative Agriculture white paper (Soloviev, Landua 2016), Regenerative Agriculture goes far beyond simply soil carbon sequestration. Soil Carbon Sequestration represents a regenerative outcome, but all levels of the value stream from soil to the human consumer of a product and back to the soil are part of the regenerative imperative that is now growing into a movement. Individuals and businesses are increasingly motivated to explore how to participate in a co-creative and regenerative economy where human needs are met in style while ecosystem health is increased and the capacity of the system itself and all members of the system to evolve more robust vitality and viability is grown.