Open Value Accounting

Decentralized Monetary Protocol

A protocol grammar for tracking contributions to a peer production network across multiple registers (effort, resources, expertise, reputation), with contributions converted into equity shares of network output through community-defined valuation processes. Value accounting is optional rather than mandatory for participation. Prototype: Sensorica Open Value Network.

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Details

License Libre; multiple repositories under Sensorica and affiliated organizations.
Dev Status 🔨 WIP
Dev Status Detail WIP — Sensorica operational; broader OVN protocol standardization in development.
Owner Sensorica (open network); affiliated with P2P Foundation research community.
Country Canada (Sensorica origin) / global (network).
Start Year 2011
Stack Diverse implementations; NRP (Network Resource Planning) software; Valueflows-based applications.
Funding Volunteer; foundation grants; project-based revenue sharing.
Last Investigated Jul 1, 2026

Topology view

This tool in the centre and the things it is directly related to. Each line names the kind of relationship.

Topology view: Open Value AccountingThis tool in the centre and the things it is directly related to. Each line names the kind of relationship.Open ValueAccountingValueflows (Based on, Speaks protocol)Valueflows

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Use Case Domains

Platform Evolution & Sovereignty

Affordances

Transparent stewardship Consent-based governance

Decentralized Monetary Protocol Attributes

Origins Open hardware research; peer production theory; commons-based value capture; Valueflows ontology.
Data Formats Contribution logs; resource event records; agreement structures; Valueflows-aligned ontology data.
Terms Open network participation; contribution accounting governed by Sensorica social charter.
Funds Unknown — primarily volunteer-operated; specific funding figures not publicly consolidated.
Based On P2P theory (Bauwens); Valueflows ontology; commons-based peer production literature.
Permissions Open membership with community-defined contribution validation; transparency required.
Smart Contract No — primarily off-chain accounting; some blockchain integrations explored.
Development Tools NRP software; Valueflows-aligned tools; community-developed accounting applications.
Protocol Maturity / Standardization Academic / Research; Pazaitis/Kostakis/Bauwens MDPI paper is anchor reference.
Trust Framework Community social charter; peer review of contributions; transparent ledger; democratic weighting of value attributions.
Target Application Domain Open hardware development; commons-based peer production; cooperative coordination; contribution-based equity distribution.
Game-Acceptance Position Modify-Additive — coexists with conventional monetary systems and labor markets.
Accumulation Regime Capped — accumulation in equity-shares rather than spendable currency; redemption governed by network rules.
Coordination Mechanism Deliberative — peer review under social charter; community valuation of contributions.
Issuance Model Member-collective — network issues contribution credits and equity shares per agreed valuation.
Value-Signal Type Plural rational units (incommensurable); multiple contribution types weighted by democratic agreement.
Federation Pattern Peer-to-peer mesh — cross-network value transfer through Valueflows-aligned ontologies.
Substrate Independence Substrate-neutral; implementations vary across software platforms.

Relationships

How this tool connects to other tools and organizations, from relationships reviewed by the OpenHaven data steward. They describe how projects connect, not how good they are.

Based on
Speaks protocol