Weconet Data Common

The Weconet Data Common enables organizations to become more productive, ensure privacy and balance the power between humans and their tools (eg companies). With a data common organizations can work smarter together without the burden of organization walls and markets high transaction costs. The most important principle for the Weconet Data Common is: build up new organizations with organization fundamentals and the smallest building blocks in mind. The two smallest building blocks are: humans and tools.

If we want to improve our productivity, privacy and power balance we’ll need to organize our work and society with new principles. A human connected to a tool (for example me and my laptop), is already organizing capability and therefore an organization. Organizations that work smart together can connect and disconnect with other organizations. Humans and tool work smart together in communities when they are connected to a shared information and transaction network that is connected to a general data utility and works with blockchain technology. Weconet Data Common is based on profile -> connect  -> collaborate principles. A data common uses principles such as openness, sharing, crowdsourcing, crowdfunding, and direct communication without agents.

The basic principle of a shared information network is thinking without organization walls and non transparent markets. Customers have their own portal, to search and book products, while suppliers only need to maintain data in one place. Through the network, transactions can be processed from supply to demand and all community partners can use the same transaction network where applications or apps transform (transaction) data into information.

Weconet builds a ‘new’ internet with reliable, meaningful and secured data. Information is produced and shared through a data connector and ‘data socket’, connected to a general data utility. A kind of power grid for basic attributes such as date of birth, address, price and supplier.

The general data utility contains data that are used by multiple domains and needs to be maintained in one place. Access to basic data, is provided via a data socket (if you have the appropriate privileges). This process is as simple as access to electricity. Through an application (for example a portal), data can be easily converted into information, like a television converts power into images, a keyboard converts power into all kinds of sounds and a blender converts power into movements. It would be weird if we all would have. different power sockets for television, keyboard and blender in our homes.

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