Sensorica is an

open value network Open or OPEN may refer to: Music * Open (band), Australian pop/rock band * The Open (band), English indie rock band * ''Open'' (Blues Image album), 1969 * ''Open'' (Gotthard album), 1999 * ''Open'' (Cowboy Junkies album), 2001 * ''Open'' (YF ...

(OVN), established in 2011 in

Montreal Montreal ( ; officially Montréal, ) is the List of the largest municipalities in Canada by population, second-most populous city in Canada and List of towns in Quebec, most populous city in the Provinces and territories of Canada, Canadian ...

, Canada, for

open source hardware Open-source hardware (OSH) consists of physical artifacts of technology designed and offered by the open-design movement. Both free and open-source software (FOSS) and open-source hardware are created by this open-source culture movement and a ...

development. It is a pilot project for commons-based peer production applied to hardware, designed to operate at large scale. It was established in Montreal, Quebec, Canada, in February 2011. Sensorica uses the

Resources, Events, Agents Resources, events, agents (REA) is a model of how an accounting system can be re-engineered for the computer age. REA was originally proposed in 1982 by William E. McCarthy as a generalized accounting model, and contained the concepts of resources, ...

accounting model as a basis of its network resource planning and contribution / value accounting system (NRP-VAS). The NRP is an Enterprise Resource Planning (ERP) type of software based on the REA model to support the complexity of operations in an OVN. It collects, stores, and interprets data from all the different types of activities in the network and connects them to specific resources, events, and agents to keep track of the contributed value on resource level. In NRP, everything is connected together. Economic agents are associated with other agents and participate in events of various types, such as processes, exchanges, or transfers. Events change the state of resources by using, citing, consuming, creating, or transferring them. A certain resource may be an output from one event and then an input to another one. Those events are then again connected with a resource flow.

References

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External links

A New Economy
documentary
DOSSIER MODÈLES D'AFFAIRES INNOVANTS - Sensorica : Nouveau modèle d’affaires ou mode passagère?
Open-source hardware Organizations based in Montreal