A Penny for Your Thoughts

A Penny for Your Thoughts

I’m looking for some feedback please.?In the article Ecosystem 2.0: Climbing to the next level McKinsey talks about the future of ecosystems. This is projected to be a $70 trillion dollar a year economy by 2030 (from this McKinsey article: A design-led approach to embracing an ecosystem strategy )?

I’m keen to understand what other thought leaders have to say on how to design a solution that is:

  • Decentralized i.e. it works for any organization in any vertical.
  • Can support tens of millions of users and an unlimited number of collaborative ecosystem partners all in real time.

Does it require solving the 7 Laws of Identity ? - The problem statement - The Internet was built without a way to know who and what you are connecting to.

  • Are they even needed??
  • Can existing solutions like the SOLID project from Inrupt solve this challenge?
  • What's the business model? How does it generate profitable revenue growth?
  • How do Personal Information Management Systems play a role in this?
  • Are web standards important - can you use existing protocols i.e. http/html?

Thanks in advance.


Dr. Michael Becker Irene Ng StJohn "Singe" Deakins Georgia Meyer


Valto Loikkanen

Global Entrepreneur || Personal AI Twins, Talking Products AI and Digital Ecosystems || Learn more? - Chat with my AI twin: ValtoAI.com

3 个月

Architecture for this solution is actually quite simple. It’s like your own PC but in the cloud. “Personal Cloud Computer (or rather computing)” with human centric OS (where personal data & shema is at OS level). In this scenario the service apps “come to user” (run inside each individuals own PCC) instead of users data shared to service side. It’s all based on existing mature and scalable tech. Unlike mobiles or PCs your personal cloud computer is always on, always online, can have any number of apps running and connected with other services or PCCs at any given time. Your own PC and mobile can communicate with it privately. All this forms your own private ecosystem. Any solution that require you to share your data outside of your private cloud computer to be able to use the app or service falls second at privacy level.

Peter Cranstone

CEO@3PMobile l Reimagining Digital Engagement l Low-cost Growth Engine for Web-based Businesses l Harnessing the Power of Digital Ecosystems through Consumer Choice.

3 个月

I'm starting to see a clear pattern emerge. Everybody is working with the existing toolset. This is resulting in lots of 'me-too' products. For example, the Dataswyft Platform and the Inrupt Solid Platform are very close to doing the same thing. StJohn "Singe" Deakins company Data Sapien stands apart with a different approach an SDK for the organization's app, but with similar outcomes. There are digital wallets (PIMS) everywhere and lots of ideas about business models but with no firm commitment behind any of them. Funding for the big ideas is $30M and up, because that's what it takes when you add the word platform after your idea. But still nobody has solved the seventh law of identity which I would argue is the most critical. Jamie Smith talks wisely about customer empowerment which can only happen when you actually have a one-on-one relationship with each customer in real time but offers no technical ideas on how it can be achieved at scale. And as the Bard says - herein lies the challenge - scale down to just a single individual, then scale up to billions of individuals all in real time. No existing solution has solved that challenge. Why not? Because you need to invent a new user interface.

You could write an entire book, transform society, and scale a major business when concisely answering these questions. Q: Are the laws of identity needed? A: Yes. Q: Can existing solutions work? A: Yes. Q: What is the business model? A: It depends. The context of the question is a bit broad. Q: What's the role of PIMS? A: Central ot the entire store. Q: Are web standards important? A: Yes, they are crucial to enable interoperability and to support the 7th law of consistent experience and expectations.

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