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Tokens are the fuel of the Decentralized economy and Token Economics, or Tokenomics is at the core.
There is a global transformation taking place, and a New Killer App is appearing. The New Killer App? – Web3 and Customer Experience (CX). This is going to be big! – Michael Noel
I am self-publishing Tokenomics is Not Economics – Digital CX here over the next few weeks. This is the result of years of effort, over 200k in expenses, countless challenges, and devastating losses.
But I would not change a thing.
Thank you to Ramona, without who’s a constant inspiration, none of this would have been possible. And thanks to my Mom, without whom, none of this would be possible. Thank you Gail (my sister) and Stephen Kroll for your hospitality over the last several months.
A great deal of Gratitude goes out to Aaron Babcock, for your support, and thank you Tri Fi Wireless for providing Wireless Mesh Networks.
Doctor Rocky Khan, thanks for all your help, could not have done it without you. Group tours are available for booking today through JV Partner Interline cruise connections.
And a very special thanks goes out to Willie Masters for supporting this project, even though you don’t think it’s going to happen for a long time.
Please be sure to follow me as I publish this book one chapter after another. If there is enough interest at the end of this exercise, maybe more will follow.
Preface
I was backstage in some city, whether it was Chicago, Denver, or LA, and it is hard to remember. I was in 2 or 3 cities a month back then, and speaking at multiple events every month. So I am not sure of the place, but it is 2017, or 2016.
I’m walking backstage and David Chaum is standing there. You see the first cryptocurrency was eCash, created by David Chaum’s company DigiCash in 1990. This is one reason why I love the Blockchain Space so much. This is like a little league player, getting the chance to talk with his favorite Major League Pitcher. I know he was probably enjoying his quiet time, and I should not have but I did. I introduced myself, and we started talking. And the next 20 minutes changed my life quite completely.
That is the first time I saw the pattern.
We talked a bit about what I was working on, and then he told me about how that was solved years ago. But by two groups that we unrelated. David supposed that a lot that he sees folks working on had been solved before, in multiple ways.
So 4 or 5 years later in 2022, coming out of the lockdowns, I am reviving some of my old assets, and I start talking to people about what they are working on and then start thinking about how that was solved years ago.
There is a pattern here.
The Blockchain Gangolf, mentions it in one of his many videos on the subject.
I started my day intending to record a video about Aptos, a blockchain launched publicly yesterday. From media reports, it appears to be positioning itself as a “Solana killer”, which itself is often labeled an “Ethereum killer”. Although I’ve downloaded Aptos, compiled and built it, So, instead I’ve decided to talk about whether there is a point in the launching of new blockchains at this stage of the game. My take is that Aptos is probably a victim of the “sunk costs fallacy”.
So much could be being done, and so much, is not getting done. We are waiting on this regulation, or waiting on that to clear legal, or raising capital, or, or, or, or, anything, but building things the general public can easily and safely use.
The technology to digitize industries is there. The gain in efficiencies, transparency, safety, and the environment are all there. But developers are stifled by the bureaucracy digital solves.
We regulate Development in the Blockchain Space, based on the theory, you can learn how to drive, in a parked car. And it has been that way for decades.
Blockchain Weekly Reboot Edition: This is a reposting of the first Blockchain Weekly taped in Phoenix Arizona in 2016. Today’s guest David Saxton had the original patent for RSA encryption of a financial transaction. As we discussed this patent has now gone dark. RSA Cryptographic Review for his company NetChecks from June 10th, 1995
But not to worry, Because tech follows an S curve, and we are about to hit the point on the s curve where things get interesting.
Disruptive technologies have never followed an incline, they follow an S-Curve.
And we are not ready for it.
In his book, The Singularity Is Near, Ray Kurzweil plots the price-performance (or processing power per dollar) of five paradigms in computing — electromechanical, relay, vacuum tube, discrete transistor, and (finally) integrated circuits.
Together, they follow a smooth exponential curve.
How?
Disruptive technologies have never followed an incline. They have always followed an S-Curve. Each new technology advances along an S-curve — an exponential beginning and a flattening out as the technology reaches its limits. But as one technology flattens, the next paradigm takes over. The result is a series of overlapping S-curves that combine in a broader exponential curve.
The S-curve shows the innovation from its slow early beginnings as the technology or process is developed, to an acceleration phase (a steeper line) as it matures and, finally, to its stabilization over time (the flattening curve), with corresponding increases in performance of the item or organization using it.
What comes next for DLT? The acceleration phase will peak in the next few years at 10 x 2016 levels. DLT has seen its first growth curve or the bottom of the S. We are approaching the acceleration phase of the S curve. But we’re handicapped. We are still trying to take the infrastructure we already have in place, and reuse it.
Noel’s Law of Decentralization, “The First thing a centralized organization will do, when confronted with a decentralized mechanism, is to try and centralized it. “ Michael Noel CBP
Paradigm shifts become necessary when the plausibility structure of the previous paradigm becomes so full of holes and patchwork “fixes” that a complete overhaul, which once looked utterly threatening, now appears as a lifeline.” – Richard Rohr on Kuhn’s “Paradigm Shift”
Payments, Voting, Healthcare, Real Estate, Investments, Capitalization of Innovation, and just about everything else have workflows based on the old paradigm.
And they have all failed.
Payments, as it is currently, is a failed institution. Globally, about 1.7 billion adults remain unbanked — without an account at a financial institution or through a mobile money provider.
It is estimated that 80% of these 1.7 billion unbanked adults have a cell phones. In 5 years the number of Unbanked Adults globally will be a fraction of 1.7 billion.
Voting has come to a point where it can be gamed. Anything, client-server-based can and will be gamed. DLT voting is easy to implement. Just give each wallet a voting token that they can use, or not use. The current voting system will not survive the transition.
Healthcare, HIPPA compliance has made a mockery of the United States. The United States still stands out from much of the developed world in state efforts to make medical care available to the public. Universal Healthcare is so difficult that only 32 of the 33 major developed nations have been able to pull it off.
DLT-based secured information can be securely shared by token holders. DLT Mutual Insurance Organizations are coming. They function one thousand times quicker and are 100 times less expensive.
The current healthcare system in the US profits from sickness, and DLT Mutual Insurance Organizations profit from wellness. In 10 years, the Healthcare system will have been disintermediated in some form and will compete with DLT Mutual Healthcare Insurance Organizations which will eventually take over.
Investments
Investments are a joke. Pumps and Dumps have no fundamental value and add nothing to the GDP. Speculation has gone awry, and speculation still controls the market.
In speculation 80% of the time someone loses, and 15% of the time someone wins.
80% of the time when someone loses it’s usually your mom’s 401k.
15% of the time someone wins, it’s someone who already has enough money.
All this activity adds nothing to the GDP.
We have done a horrible job of distributing wealth in this paradigm. 68 wealth hoarders at the top of the chain control more than half of all the wealth created in recent memory. STOs are coming, and the playing field will not be limited to a stock exchange. In this wider environment, the bonding curve facilitated speculation will not function.
Investment is intended to finance innovation. In this new environment that is exactly what investments will do. This has already started and will begin to pick up speed this year.
Capitalization of Innovation
Capitalization of Innovation is almost at a standstill. And the innovation that is being funded, is being funded to facelift the current workflows. We need to move a mountain, but instead of developing the tools necessary, we are fitting our 72 Volkswagen Bug with a truck bed.
This trend continues in almost every workflow. I could go on for days. Don’t believe me, just ask any of my friends, most of which are tired of listening to me.
Many industries are slow to adopt. Mostly because it requires a forklift of their current infrastructure. Yet many industries are already moving forward in the new paradigm.
Consider these facts:
Airbnb has become the largest hotel chain in the world (after launching in 2008), with more than 850,000 rooms, and without owning any hotels.
From 2012 to 2014, Uber consumed a whopping 65% of San Francisco’s taxi business.
Advances in artificial intelligence and robotics put 47% of U.S. employment (over 60 million jobs) at high risk of being replaced in the next decade.
10 million new autonomous vehicles per year will be entering U.S. highways by 2030.
Today’s sensors are 1 billion times better (1000x lighter, 1000x cheaper, and 1000x the resolution) than only 40 years ago. By 2030, 100 trillion sensors could be operational worldwide.
The cost of DNA sequencing dropped precipitously (from $1B to $5K) in only 15 years. By 2023 it could be $0.01.
In 2000, it took $5,000,000 to launch an Internet startup. Today the cost is less than $5,000.
With gains like this, it’s no wonder futurist Ray Kurzweil predicted that progress in this century could be of equal magnitude to all such progress over the last 200 centuries.
But what about the S-Curve? Remember where we started?
Yes, the S-Curve.
Technological change does not follow a linear progression. We tend to see change as slowly happening over time, and each year a few more people have adapted to a particularly new thing. That kind of change is represented by the straight black line on the drawing. However, most of the time change does not happen in a straight line progression but follows an s-curve like the red line on the chart
In the early years of some new product, service, or technology there are very few users. Just some early adopters, hobbyists, and risk-takers. Over time the number of users increases slowly until a critical tipping point is reached. At this time the new technology enters a period of rapid growth.
In a very short time, the number of users doubles then doubles again, then doubles again, and very soon the new technology, product, or service has become mainstream.
This s-curve is obvious with some technologies, like cell phones. Cell phones were first developed in 1974. For years the number of cell phone users grew slowly, then suddenly in the mid-90s (twenty years after it was invented) cell phones reached a tipping point and overnight it seemed everybody had cell phones. Now there are more cell phone lines than there are traditional wired landlines.
DLT acceleration phase is just starting but we are nowhere near ready for the 10x acceleration this phase promises. In the next few years, the DLT acceleration phase will peak at 10 times the velocity of the first phase which started in 2016. Yet today, we are fitting our 72 Volkswagen Bug with a hitch for a trailer with no idea that in just a few months, the wheels are going to fall off.
Those who conceive simple logical repeatable processes that are scalable and THEN plan, test, and implement now will succeed, those who don’t will fail.
This is how it has been and will be.
Organizational structure, the nature of work, and the limits of human performance are being rethought as leadership, management, and education are transformed to fit the new paradigm.
In this new paradigm, we are nearing the acceleration phase and it will provide 10x growth. This is the mountain we need to move to in the next 5 years. This 10x mountain we need to move is here already but the 72 Volkswagen Bug we are planning to use to move this mountain is nowhere near up to the task.
Digital Currencies are ushering in a new paradigm and Consensus is at its core. If you haven’t spent time learning what Consensus is, it is time to do so.
Unfettered Global transactions are the promise and Disintermediation is the tool.
The sooner we cumulatively begin to realize that we can not take traditional economic theory into the digital realm the better.
Change is coming and the future is decentralized.
I’m ready for it, are you?
Tokenomics it is not Economics – Chapter One
Introduction to the Digital Transformation, – Web3 and Customer Experience (CX) (Digital CX) –
For most, there is a brisk winter feel to the air in December 2022. And after the lockdown, we are out enjoying it. “We the People” are beginning to come back together, in theaters, ballparks, and amusement centers. For some, cautious optimism is beginning to edge out over the foreboding news in the media. We are joining a global community, coming out of a global hibernation, and slowly permitting ourselves, to enjoy some of the normal things we did before the lockdowns. We all, so desperately, hope things go back to normal. While knowing ultimately, it will not. Globally, simultaneously, as a species, we are realizing there is a new normal.
The new normal includes familiar things, that we are learning to appreciate all over again. We are beginning to venture out and visit the places we missed the most. There are new places, concerts, sports, weekends, family, the outdoors, fresh air, local events, and local cuisines.
And it also includes Restaurants with long lines, Items on the menu but not available. Stores that for no apparent reason are closed. Service providers that are overworked and less patent. Booking a room on the road with pets, or children is frustrating. Where can we eat? Road food at McD’s again? And why did Cracker Barrel take uncle Herschel’s breakfast off the menu?
Rental cars are in short supply, events are not organized, and you may need to make multiple reservations, on multiple platforms, and then keep track of which member rewards card this trip is on. For a mother of four, this is comparable to calculating the exact trajectory of a golf ball traveling from here to the moon. And if you need to change things, well that brings the trip pretty much to a halt. And all of that is acceptable. We just smile and pay more than we did, and get less than we did. For the most part, we are all just happy to be out of the house.
If the Customer Experiences (CXs) we are experiencing today, happened 3 years ago, there would be a video where I pick 3 items in a row, all of which are listed on the menu, but not available today. Then 500 nasty comments about how others have had similar experiences, and the restaurant would change or go out of business. But today, all of that is acceptable. We just smile and pay more than we did, and get less than we did. For the most part, we are all just happy to be out of the house.
Buying a car has become an adversarial process, with the dealerships vs car buyers. At the same time, the current generation has more interest in transportation and less interest in actually owning a car much less servicing a car at a dealership. The Car Buying CX is manipulative, expensive, and full of friction. But today, all of that is acceptable. We just smile and pay more than we did, and get less than we did.
The Medical Industry is reeling from a mass exodus of talent. A sobering new survey released by Elsevier Health, called “Clinician of the Future,” reveals a prediction that up to 75% of healthcare workers will be leaving the healthcare profession by 2025. For those of you doing the math, that’s only three short years away.
- Both nurses and doctors are burned out.
- Both nurses and doctors are at risk of leaving the profession.
- The majority of healthcare workers don’t feel like they have a good work-life balance.
- Many healthcare workers responded that dealing with families can be very stressful.
All of the healthcare workers also pinpointed specific challenges that will only continue to grow in the coming years:
- An aging population with increasing healthcare needs
- Patients that are becoming more empowered
- The fast pace of healthcare technology
- A transition to home-based healthcare
The US spends more of its gross domestic product (GDP) on health care than other high-income countries yet ranks last in access to care, administrative efficiency, equity, and healthcare outcomes, according to an analysis by the nonprofit Commonwealth Fund.
ABSTRACT Issue: No two countries are alike when it comes to organizing and delivering health care for their people, creating an opportunity to learn about alternative approaches.
Goal: To compare the performance of health care systems of 11 high-income countries.
Methods: Analysis of 71 performance measures across five domains — access to care, care process, administrative efficiency, equity, and health care outcomes — drawn from Commonwealth Fund international surveys conducted in each country and administrative data from the Organization for Economic Co-operation and Development and the World Health Organization.
Key Findings:
The top-performing countries overall are Norway, the Netherlands, and Australia. The United States ranks last overall, despite spending far more of its gross domestic product on health care. The U.S. ranks last on access to care, administrative efficiency, equity, and healthcare outcomes, but second on measures of the care process.
Conclusion:
Four features distinguish top-performing countries from the United States:
1) they provide universal coverage and remove cost barriers;
2) they invest in primary care systems to ensure that high-value services are equitably available in all communities to all people;
3) they reduce administrative burdens that divert time, efforts, and spending from health improvement efforts; and
4) they invest in social services, especially for children and working-age adults
The rankings are based on surveys conducted in 2017, 2019, and 2020 of nationally representative samples of patients and primary care physicians in Australia, Canada, France, Germany, the Netherlands, New Zealand, Norway, Sweden, Switzerland, the UK, and the US. About 5,500 people were included in the US samples.
The healthcare CX is manipulative, expensive, and full of friction. But today, all of that is acceptable. We just smile and pay more than we did, and get less than we did.
Poor CX is the best that is available for just about every industry, globally.
There are very few bakeries left. There are almost no local stores left selling locally grown and baked goods. The Education system has replaced relevance with tenure. We can tell you where every single bitcoin fraction is with 100% accuracy, and we can trade millions of dollars worth of Bitcoin for ETH, and we can do it in a few minutes and for 10 bucks or so.
Compare this to the title insurance industry.
You can generally expect to pay anywhere from a few hundred to $2,000 for title insurance. Typically, your escrow or closing agent will order a title policy soon after your purchase agreement is signed. It usually takes about two weeks for the policy
Centralized workflows 1 or 2 thousand dollars cost and it takes 2 weeks
Decentralized workflows 10 bucks and a couple of minutes
One-third of the GDP is in banking, and fintech costs a fraction of that.
The 3 Trillion Dollar Grant writing research system has no one keeping track of negative results. New groups continue to research solutions that have been disproven before an estimated 60% of the time (almost 2 trillion dollars in waste). Buying a cell phone from one of the 3 major carriers is a joke. The distributorships fly the badge of the major carriers, but in reality, you are purchasing from a small locally run operation, with very little value added, 40 to 60% of your mobile bill goes to running those locally and poorly run shops that have little value added. In the mobile Store in Flagstaff, for instance, it’s okay to insult customers.
I could go on, there are hundreds of instances where CX is horrible and demand is increasing. Poor CX is the best that is available for just about every industry, globally. And today, all of that is acceptable. We just smile and pay more than we did, and get less than we did.
This is the honeymoon period, which will come to an end soon.
There is a strong and at this point almost unavoidable potential for a wave of dissatisfied customers globally, in just about every industrial sector.
In just a few months, globally, in just about every industrial sector customer loyalty will be up for grabs.
Customer experience is the challenge of the recovery.
Whether it’s more tailored products, greater digital parity with analog services, or faster turnaround, customer expectations of what great customer experience (CX) looks like have shifted significantly.
Lockdowns only accelerated these trends, leaving ecosystems in a game of catch-up. In this changing landscape, organizations that quickly prioritize CX can gain loyalty, build resilience, and future-proof businesses.
Web3 CX is all about Digitizing CX using Frictionless, peer-to-peer, workflows (blockchain).
Web3 CX is also device agnostic. And, if it is a global environment, it also means cross-language communications.
Easy frictionless access to goods and services, on any device, in any language, at any time that’s Web3 CX. We will go on to scope out several Web3 CX platforms later in this book.
The big question is, if Web3 is the new CX, then does Web3 solve the current poor CX paradigm? Surprisingly, across the board, Absolutely it does. But it does it in a whole new way. You don’t get Web3 services on a network made for my space. Web3 is decentralized. And it is Distributed as well.
Nodes on your network are distributed and use technology, like IPFS, and LDNS.
It all starts with a smart network.
Next, we will describe in detail, this smart network, as we introduce the WAMNET, a Wireless, Autonomous, distributed network, using alternative DNS, and persistent storage.
Smart Networks provide
- Persistent Lifetime DNS
- Named Data Network Structure
- KYC, AML, as a service (KYC,AML,AAS)
- In network, Legal, and Regulated peer-to-peer transactions
- immediate settlement both ways
- Arbitrage might be a condition of membership might not.
- Zero Marginal cost Services
- Brings Value to the platform
- Benefits Members
Be sure to follow or subscribe so I can let you know when I publish the next in the series.
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How can I help?
– Michael Noel
eschew obfuscation, espouse elucidation
Frist published 12/7/2022
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Chapter Two Tokenomics is not Economics the WAMNET
In Chapter One we established a few things, such as,
- In just a few months, globally, in just about every sector customer loyalty will be up for grabs
- Customer experience is the challenge of the recovery
- W3 CX solves a few things, and those things start with the network
- But not the network we have today It all starts with a smart network
Next, we will describe in detail, this smart network, as we introduce the WAMNET, a Wireless, Autonomous, Massive Network, using alternative persistent DNS, and persistent storage. WAMNET’s are created by miners who collect economic rent on this platform. This is not the same network you use to access MySpace.
This is more of a platform, and platforms provide value, members access this value using utility tokens, and they access this value in a peer-to-peer environment becoming known as W3.
Members access value that is native to the platform, and sometimes, available at zero marginal cost. For instance, Digital CX Platform As A Service, Imputed KYC, AML, or Proof of Identity (POI), rural infrastructure for digital freelancing (GPD for recovery), Gain company assets through Federal Grants, Infrastructure for renewable energy, autonomous transportation, and Global, peer-to-peer commerce.
Whew! Catch my breath here, that was a mouth full! But First some definitions
Customer Centricity in the Platform Revolution | Sangeet Paul Choudary
In his 2016 keynote, he discusses the shift from asset-centric business models to consumer-centric platform business models. From Pipes to Platforms.
Named Data Networking (NDN) – Named Data Networking is a Future Internet Architecture research project supported by the National Science Foundation, which has received over $13.5M in funding from NSF from 2010-2016.
UCLA Professor and Jonathan B. Postel Chair in Computer Science Lixia Zhang leads the project along with Internet Hall of Fame inductee and UCLA adjunct professor Van Jacobson.
Van Jacobson is an American computer scientist, renowned for his work on TCP/IP network performance and scaling. He is one of the primary contributors to the TCP/IP protocol stack—the technological foundation of today’s Internet. Wikipedia
The NDN project is developing a new fundamental architecture for the global Internet that leverages thirty years of empirical evidence of what has worked (and what has not). It aims to provide a practically deployable set of protocols replacing TCP/IP that increases network trustworthiness and security, addresses the growing bandwidth requirements of modern content, and simplifies the creation of sophisticated distributed applications.
Workshop on Named Data Networking (NDN) at NIST, 2016
The Inter Planetary File System – IPFS, https://ipfs.tech/ – IPFS powers the creation of diversely resilient networks that enable persistent availability — with or without internet backbone connectivity. This means better connectivity for the developing world, during natural disasters, or just when you’re on flaky coffee shop wi-fi.
IPFS is a DNS replacement that finds information by its contents, not its location this is called content addressing (Kinda like Named Data Networking, but still different). With IPFS, you don’t just download files to network storage, IPFS also helps distribute them. When your friend a few blocks away needs the same Wikipedia page, they might be as likely to get it from you as they would from your neighbor or anyone else using IPFS (Napster except much more disruptive to more industries).
LDNS, https://www.nlnetlabs.nl/projects/ldns/about/LDNS is a DNS library that facilitates DNS tool programming. Translations in LDNS can come from any database. Even a distributed ledger database (Blockchain). If you use a permanent, distributed ledger database to record your DNS, you have persistent Lifetime DNS, when the payment is made to record it, then that’s it, no payments for a lifetime. Domain Registrars like Go Daddy, have become so 1990s.
And you can use multiple storage mediums to store a single document, which can only be assembled through your LDNS instance which may only be in a single node. Security is built into the platform. Node communications are all encrypted and Quantum Resistant.
Mesh Network A mesh network is a local area network topology in which the infrastructure nodes (i.e. bridges, switches, and other infrastructure devices) connect directly, dynamically, and non-hierarchically to as many other nodes as possible and cooperate to efficiently route data to and from clients.
This lack of dependency on one node allows for every node to participate in the relay of information. Mesh networks dynamically self-organize and self-configure, which can reduce installation overhead. The ability to self-configure enables the dynamic distribution of workloads, particularly in the event a few nodes should fail. This in turn contributes to fault tolerance and reduced maintenance costs.
Zero-knowledge proof – In cryptography, a zero-knowledge proof or zero-knowledge protocol is a method by which one party (the prover) can prove to another party (the verifier) that a given statement is true while the prover avoids conveying any additional information apart from the fact that the statement is indeed true. The essence of zero-knowledge proofs is that it is trivial to prove that one possesses knowledge of certain information by simply revealing it; the challenge is to prove such possession without revealing the information itself or any additional information.
Content Delivery Network (CDN) – A content delivery network (CDN) refers to a geographically distributed group of servers that work together to provide fast delivery of Internet content.
A CDN allows for the quick transfer of assets needed for loading Internet content including HTML pages, javascript files, stylesheets, images, and videos. The popularity of CDN services continues to grow, and today the majority of web traffic is served through CDNs, including traffic from major sites like Facebook, Netflix, and Amazon.
A properly configured CDN may also help protect websites against some common malicious attacks, such as Distributed Denial of Service (DDOS) attacks.
LTE-4, Mobile Data, LTE-5, In telecommunications, Long-Term Evolution is a standard for wireless broadband communication for mobile devices and data terminals, based on the GSM/EDGE and UMTS/HSPA technologies. It increases the capacity and speed using a different radio interface together with core network improvements. The LTE data structure remains consistent Globally. We leverage the Catagory 18 LTE modem’s LTE data access capabilities. The modem is available on the Jungle website. They are carrier specific, and if your carrier goes down, your down. There are carrier fallback options that deliver 3 or 4 carrier options, which if one goes down, moves to the next (automatic failover). These options are currently providing fiber speeds (1 gig or better) for 50 cents a gig. Miners sell that bandwidth for 1 dollar a gig (50% margins).
One Tri Carrier option is TriFiWireless.com. For $279.00 plus shipping, you can buy the LTE 4 to Wi-Fi modems. You need 2 to start a Platform. The Tri-Fi units also have SDN. In most cases where cellular reception is very good, these devices provide over 1 gig of mobile data connectivity speeds. Just Plug them in and you are good to go. Sometimes we might need to augment the signal with an antenna. Most often we can estimate requirements using Google Earth.
An intelligent eSIM platform goes beyond the initial SIM activation. Its primarily used to manage a device and customize variables that greatly enhance an IoT device operator’s control of a subscriber over the long term. The key difference between a standard eSIM platform and an intelligent eSIM platform starts with the concept of “control”. That is the ability for device operators to determine how and where they get connected for the duration of a device’s lifespan.
Access more networks (i.e. AT&T, T-Mobile, and Verizon in the US)
Access more network types (i.e. 3G, 4G, 5G, NB-IoT, CAT-M)
Access more device types (i.e. devices that take a standard SIM or embedded SIM)
Seamlessly deploy devices in more countries around the world
Control devices over the long term with enhanced feature sets
Distributed computing security “Can it be secure?”
In the distributed environment, when the system is connected to a network, and the operating system firewall is active, it will take care of all the authentication and access control requests. There are several traditional cryptographic approaches that implement authentication and access control. The encryption algorithms such as Rijndael, RSA, A3, and A5 are used for providing data secrecy. Some of the key distribution techniques such as Diffie Hellman key exchange for symmetric key and random key generation (LCG) technique is used in red-black tree traversal which provides the security of the digital contents.
You can use pFsence for routing, there is a community version that is open-source and free. Secure networks start here.™ With thousands of enterprises using pfSense® software, it is rapidly becoming the world’s most trusted open-source network security solution. Get Started Now
ChatGPT: Optimizing Language Models for Dialogue – We’ve trained a model called ChatGPT which interacts in a conversational way. The dialogue format makes it possible for ChatGPT to answer followup questions, admit its m istakes, challenge incorrect premises, and reject inappropriate requests. ChatGPT is a sibling model to InstructGPT, which is trained to follow an instruction in a prompt and provide a detailed response.
Customer Experience (CX) The 3 main components of customer experience.
- Discovery. How companies contact customers and how they make that contact relevant and meaningful
- Engagement. How customers initially interact with the company or company products.
- Delivery. How the company handles fulfillment.
The technology supporting human interaction must be seamless and unobtrusive across platforms. By knowing when and where to automate touchpoints and balancing digital with human elements, service & experience leaders can facilitate frictionless digital experiences for their customers.
World-class CX cannot be achieved without an extensive, modernized process for collecting, analyzing & utilizing data (feedback loop). From executing Voice of the Customer programs to leveraging AI & Data Analytics, holistic data-driven strategies will hold the key to the success (spoiler alert, the feedback loop).
Alright, now finally Chapter two the WAMNET –
Web3 is decentralized. And it is Distributed as well. Nodes on your network are distributed and use technology, like IPFS, and LDNS.
Nodes are local, and owned by the miners. The miners provide W3 services to the platform, and collect economic rents when members use the platform
What services you are asking?
We can start with,
Persistent Lifetime DNS – Multiple ways to do this –
Network Security – This is a Distributed Network –
Know your customer, Anti Money Laundering, Proof of Identity as a Service –
Nodes can connect to verify the single instance of an identity network-wide, which provides proof of identity (POI).
With POI comes imputed KYC and AML. KYC, AML, as a service (KYC,AML,AAS) –
In network, Legal, Regulated peer-to-peer trading of Securities, Automobiles, Homes, Digital Assets, NFT, Payroll, Payments, and anything that can be digitized (NFT, Digital Twin)
Peer to Peer, Member to Member. – services provided at near Zero Marginal cost to the platform –
Transportation in network provided by Autonomous Transportation tracked on the network (Lease a Tesla) – Basically Zero Marginal Cost Transportation.
Access to shelter and food, immediate settlement both ways, and at Zero Marginal cost to the platform.
Spoiler alert – When you apply this to Medical Campuses things change immediately.
We will cover this later in the book.
Network – Wireless AdHock Massive Network (WAMNET)
Digital Assets Embedded in Nodes (Distributed)
Nodes are AdHock and member-created and curated
Node provides data at 1 dollar a gig to members (50% margin)
Equipment – Off-shelf Long-Term Evolution (LTE) modem
MIMO 4×4 antenna
pFsense community edition Gateway
SAN devices
IPFS Nodes
LDNS Nodes
Nodes can be interconnected via encrypted node-to-node connections.
Node operators become the miners in this paradigm. They charge 1 dollar a gig for access to the network data, which includes a tunnel to the outside internet. Assets served in the node, or brought into the node are published and served (often at zero marginal cost) for 1.00 per gig, add Hoch, across the platform, and outside mobile data is provided, for 1.00 a gig in a network, similar to maybe Hologram, iota, Google Cloud IoT Core, and others.
Since this is an AdHock network, nodes connected directly to one another can exchange digital assets, outside of the traditional HTTP protocol and network, and therefore an alternative DNS could be employed here. The DNS could be persistent, and the DNS database could be persistent.
If a network has a purpose and a place, you can add value to your network. Add value to your network and it becomes a platform or a “network of networks”.
Platform=Network of Networks
Successful Platforms= Network of Networks with a Place and a Purpose
In this way, members find value in the platform, and other platform participants, provide that value member-to-member or peer-to-peer.
Platforms are probably multiple networks providing hyper-relevant value to their membership.
Platforms solve relevant social issues and supply social proof at near-zero marginal cost. Along with Persistent Lifetime DNS, Network Security, KYC, AML, as a service (KYC, AML, AAS), In network, Legal, and Regulated peer-to-peer transactions, immediate settlement both ways – Arbatrage might be a condition of membership might not. And platforms scale without any investment from the platform. W3 platforms benefit from a positive feedback loop which amplifies these ecosystems further. At Zero Marginal cost to the platform, which Brings Value to Membership.
This was described in 2019 when wireless communication technologies were enabling pervasive connectivity between objects.
Internet of Things (IoT) Lab, Department of Engineering and Architecture, University of Parma, Parco Area delle Scienze 181/A, 43124 Parma, Italy
- Author Future Internet 2019, 11(4), 99; https://doi.org/10.3390/fi11040099
These communication systems, involved in the so-called “network of networks” Internet of Things (IoT), will eventually allow humans to interact with billions of devices, including sensors, actuators, services, and other connected objects, in an Internet-like way, with a forecast of more than 40 billion connected (with short-range radio communication technologies) “things” by 2022 [1] (and more than 125 billion by 2030 [2]), and more than 2.7 billion Low Power Wide Area Network (LPWAN) connections by 2029 [3].
In this context, connected things are generally defined as Smart Objects (SOs) and, thanks to the IoT, dynamically integrated into several scenarios, such as smart industries, smart cities, smart agriculture, smart health, etc. Each application area has specific requirements to be taken into account, thus having implications for the communication technologies to be considered and, possibly, adopted. In particular, IoT-related wireless technologies developed in recent years are extremely heterogeneous in terms of protocols, performance, reliability, latency, cost-effectiveness, and coverage.
For instance, some of them are designed for short-range radio communications (e.g., Bluetooth and ZigBee), others are more suitable to cover wide areas with very small bandwidth (e.g., Sub-GHz), while others are designed for middle-range communications and high transmission rate (e.g., IEEE 802.11). Moreover, IoT network topologies are generally star- or tree-based, with data collected by groups of sensors and sent to a central collector or border router, to guarantee centralized processing.
The emerging and constantly evolving IoT applications require more complex network topologies, without a predefined hierarchy but can dynamically adapt themselves to changing conditions. For this reason, there is a strong academic and industrial interest in the development of hardware and protocols able to support Wireless Mesh Networks (WMNs).
In mesh topologies, network nodes are directly and dynamically connected in a non-hierarchical way, thus allowing many-to-many communications (among nodes cooperating) to efficiently route data from a generic source to a generic destination.
In fact, in a WMN each node composing the network can operate both as a host and as a router, relaying packets sent by other nodes when the destination is not in the visibility range of the source. Moreover, mesh networks do not require infrastructure, since they dynamically self-organize and configure themselves, with consequent relevant advantages, in terms of (i) deployment, installation, and maintenance’s overhead and cost reduction; (ii) dynamic workload distribution; (iii) better reaction to node failures; and (iv) easy network topology modification.
The organization of a WMN is generally handled through the definition of a routing policy shared among all nodes, aiming at discovering and determining the best routes, based on different metrics (e.g., throughput, link quality, hops number, etc.) measured on data streams. Therefore, streams of data in WMNs cross all nodes connecting the source and the destination.
Mesh topologies are thus the most attractive alternative to traditional centralized or tree-based network topologies, where nodes are directly linked to a small subset of other nodes and the links between these infrastructure neighbors are hierarchically organized. While star- and tree-oriented topologies are very well established, highly standardized, and vendor-neutral, in the case of mesh networks the research community and vendors have not yet all agreed on common standards, with the interoperability among devices from different vendors seldom assured. Moreover, comprehensive surveys on available options in the field of mesh networks for IoT are lacking in the literature.
That said, I have been building out these mesh networks for a few decades now, for instance in 2005 we built a mesh network connecting all of the golf courses in sun city Arizona to the main server in the main office. This was a 10-square-mile Mesh topography supporting e-commerce in 2005. We had done several others, with projects going back to the 90″s.
And remember,
Platform=Network of Networks
Successful Platforms= Network of Networks with a Place and a Purpose
If a network has a purpose and a place, you can add value to your network. Add value to your network and it becomes a platform. Adding value generally happens when a workflow, is matched to a network.
I will use the use cases mentioned earlier in this document to illustrate this process. Next, up, Use Cases – First Use Case – Chapter 3 Use Cases – EchoTours.Travel
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– Michael Noel
eschew obfuscation, espouse elucidation
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Tokenomics is not Economics Chapter Three First Use Case EcoTours.Travel
In Chapter Two, we established a few things, such as,
- Smart Networks have things that have a lot of letters in them
- Platform=Network of Networks
- Successful Platforms= Network of Networks with a Place and a Purpose
- If a network has a purpose and a place, you can add value to your network.
- Add value to your network and it becomes a platform.
- Adding value generally happens when a workflow (use case), is matched to a network.
Chapter 3 Use Case One – EchoTours.Travel – Customer experience is the challenge of the recovery in Travel and Tourism.
Company Name Echo Tours and Travel
Website URL https://EcoTours.Travel
Location of Team United States
Entrepreneur (Founder) Name Michael Noel
Founder Linkedin URL https://linkedin.com/in/MichaelNoel
Founder Email Address mike@bizbuildermike.com
Is your Company using Emerging Technology
Extended Reality (XR) – Augmented Reality (AR) – Virtual Reality (VR) – Fintech – Internet of Things (IoT) –
Company Short Description
EchoTours.Travel Providing Rural areas with a Virtual Tourism Platform. Local artists, local restaurant owners, local tour guides, hunting guides, and other local service providers fulfill guest requirements in App, paid in real-time, all networked on an IoT backbone.
Customer experience is the challenge of the recovery in Travel and Tourism.
Whether it’s more tailored products, greater digital parity with analog services, or faster turnaround, customer expectations have changed.
Describe the Problem that you are solving
Millions of Tourism Livelihoods Lost
Billions of Trees Burned
The Digital Divide
Rural Bandwidth Provisioning, Last Mile
US GDP Growth
Describe the Solution
Our clients are rural organizations with talented Artisans most of which are not experts in digital marketing. We are and we share our expertise in our Platform. We provide automated bookings, waivers, and scheduling all from within the Eco Tours App (Indexic.net White Label on EcoTours.Travel)
– All-inclusive Hyper Local Eco Tours using outdoor areas in the off-peak. Promoting local talents, local guides, restaurant operators, and local cuisine, prepared locally, maybe in Hatch County NM, or off Route 66.
What Challenges are you facing?
The business model needs to attract Miners, who build out the network and collect economic rents. This is the Digital Platform Model, and I am finding this model differs greatly in how it is started and financed. Marketing is different as well, since this is a Platform, with a Network, you need to market at the edge. This is where you can provide services immediately and at near zero marginal cost. The platform facilitates peer to peer transactions in a legal environment, Improved Digital Customer Experiences.
Stage of Product Development Soft Launch
How much capital has been raised/invested (in USD) $200,000
Anything else? – Whether it’s more tailored products, greater digital parity with analog services, or faster turnaround, customer expectations of what great customer experience (CX) looks like have shifted significantly.
EchoTours.Travel Providing Rural areas with a Virtual Tourism Platform. Local artists, local restaurant owners, local tour guides, hunting guides, and other local service providers fulfill guest requirements in App, paid in real-time, all networked on an IoT backbone.
Start Deck ——————————————–
EchoTours.Travel Providing Rural areas with a Virtual Tourism Platform. Local artists, local restaurant owners, local tour guides, hunting guides, and other local service providers fulfill guest requirements in App, paid in real-time, all networked on an IoT backbone.
Whether it’s more tailored products, greater digital parity with analog services, or faster turnaround, customer expectations of what great customer experience (CX) looks like have shifted significantly.
Lockdowns only accelerated these trends, leaving the travel ecosystem in a game of catch-up. In this changing landscape, travel companies that prioritize CX can gain loyalty, build resilience, and future-proof their businesses.
The Eco Tours and Travel Platform, the Art of Responsible Adventuring.
The first Eco Tours and Travel campus is in Lake Isabella California, the agreements we have in place are for events, and kitchen services, facilitated by local individuals and small businesses.
We have fresh baked goods requirements on this campus with 10 to 15k in recurring monthly revenue, and a concession, transporting guests from the parking lot at McNally’s 4,800 feet in elevation to the Sherman Pass at 9,150 feet. At the Summit, guests are treated to a catered lunch and curated trails. 16 guests a day, at 70.00 a head which adds another 20k a month in recurring revenue for the campus.
The addition of a small local transportation company would be necessary to complete this campus. This transportation company would also service Eco Tours and Travel Guest, in the app, with transportation services, as well as deliver baked goods daily to local restaurants. Regularly scheduled bakery delivery, Eco Tours and Travel in APP transportation calls, and guest excursions to the Sherman Pass are 20k to 30k a month to the transportation company.
All are facilitated by small businesses with local ownership and equity.
Eco-Tours and Travel marks up the local package by 10% and that becomes the client acquisition costs for the local event vendors.
Those local vendors coordinate fulfillment using the scheduling, waiver, and tour scheduling applications, in-app. Local guest services providers are prepaid for tour services. If you are a vendor constantly providing a very low bid for services, and you have complaints, AI, will curve that vendor’s services, in real-time.
Eco-Tours and Travel is a marketing company that collects 10% in real-time. The platform fee is 9% and is provided by a 3rd party under a white-label agreement, Eco Tours and Travel adds a 1% management fee. Local businesses receive 80% in direct in-app payments for the balance, in real-time (no banks).
3 Day event – 250 per person 3 guests booked in Eco Tours and Travel Reservations.
Eco-Tours and Travel Marketing – 25 dollars a person (10% of 250) pp per day
Eco-Tours and Travel Platform – 25 dollars a person (10% of 250) pp per day
For transportation for that guest, we pre-pay 30 a day for each guest. The transportation company agrees to provide transportation for three guests for one day in the app for 90 dollars.
Transportation experiences in the app with social sharing. Other local vendors can also bid for that business as well so that the price is flexible. This becomes hyper-local freelancing.
For this example, we pay local, bonded, insured, transportation providers, 30 per guest for transportation, some will use more, and some will use less. Projections are for 20 to 40 guests a day, Monday, Tuesday, Wednesday, and Thursday. So we have a budget of say 30 guests for 3 days is 90 transportation days a week. Contracted at $30.00 a day, or 3k to 8k per week for transportation, available, pre-paid, in-app, for local providers per campus.
3 Guests would stay in a Weldon KOA Kabin at 80 dollars an evening so 25 dollars a head. We contract for home-cooked meals for 60 dollars a day per person meals, from a local kitchen that has unused assets.
50 + 30 + 25 + 60 is 160 dollars the balance of 90 dollars a day goes to an event such as the Sherman Pass Lunch hiking trip, or horseback riding on the ponderosa. This is 250 a day, over 200 of which, per day, per guest, has gone directly into the local economy and provides the base experience.
3 Guests would stay in a McNalley’s cabin at $145 an evening. So 49 dollars a head. 50 + 30 + 49 + 60 is 190 for the base and 90 dollars for an experience would be 295 dollars a day and so forth.
More bespoke Journey and Bucket List Tours could be several thousand dollars a day.
This becomes an Immediately Profitable Campus that can be easily replicated almost anywhere.
An additional example would be gold panning and hiking events, starting from McNally’s just a few miles from the Sequoia National Forest in the Southern Sierra Nevada near the Sequoia national park. Here guests will find hiking trails that are Globally well known, including Walker Pass on the Pacific Crest Trail and the Rincon trail which happens to also be nearby.
There are over 17 catered wilderness adventures, visiting over 11 different wilderness locations. These adventures are safe and food and sleeping quarters are provided.
Tours range in length between 2 days and 28 days.
On this campus, there is a Steakhouse and a bar within walking distance from your camp. Mc Nally’s Home of the 40 Oz Porterhouse, Friendly Staff, and is within walking distance from your campsite.
Shuttle to the Sherman Pass leaves twice daily. The Sherman Pass is at 9,150 feet in an old-growth forest. Fishing Guided trips are available.
Horseback riding at the Ponderosa in the Sequoia forest is available.
Gold Panning tours are available. Hiking tours to points of interest, like ghost towns, hot springs, or the Rincon Trail are Available.
Self-hosted Geo Location tours are always free! (And on the network-, 1.00 per gig).
Eco-Tours and Travel Guests would be staying at McNally’s Monday, Tuesday, and Wednesday. Currently, occupancy rates during this timeframe are below 20% and are fully staffed on those days.
Events at the Kernville campus include evenings at McNally’s, and the Weldon KOA, transportation provided by a yet-to-be-contracted local, insured, small business. The food is provided by a local, insured, small business in this case a startup based in Lake Isabella California.
In this way, events are facilitated by local small businesses that coordinate Guest Services via the Eco Tours and Travel Platform. Guests could reserve a Gold Panning event on the Kern hosted by a local Gold Panning Guide, Horseback riding at the ponderosa lodge in the Sequoias, or hike the Rincon Trail.
Eco-Tours and Travel is working with 8 billion trees.
8 Billion Trees is a carbon offset company that runs large-scale planting operations in the Amazon Rainforest. 8 billion trees have agreements with major hotel chains to provide unused inventory in many other places for just 40 dollars a night. These same rooms often go for $250+ a night.
We offer reforesting tours for $185.00 a day, including that lodging, transportation, and food. Eco-Tours and Travel guests enjoy the local culture and cuisine while working in tandem with 8 billion tree workgroups planting trees in some of the world’s most beautiful places.
Reforestation Tours are all-inclusive and start at just 185.00 a day.
These are some of the currently available locations for 3-7 night Reforestation Group Tours.
These group tours are available for booking today through JV Partner Interline cruise connections.
Cancun, Mexico, Bali, Indonesia, Athens, Greece, Denver, CO, Orlando, FL, Las Vegas, NV, Myrtle Beach, SC, Daytona Beach, FL, Palm Springs, CA, New York City, NY, Nashville, TN, Fort Lauderdale, FL, Virginia Beach, VA, Yosemite, CA, Boston, MA, Miami, FL, Hawaii, HI, San Diego, CA, Atlantic City, NJ, San Antonio, TX, New Orleans, LA, Puerto Vallarta, Mexico, Mazatlán, Mexico, Budapest, Hungary, Buenos Aires, Argentina, Rio de Janeiro, Brazil, Montreal, Canada, Niagara Falls, Canada, Fiji, Paris, France, Berlin, Germany, Dublin, Ireland, Jerusalem, Israel, Venice, Italy, Rome, Italy, Kyoto, Japan, Seoul, South Korea, Kuala Lumpur, Malaysia, Amsterdam, Netherlands, Auckland, New Zealand, Boracay, Philippines, Singapore, Cape Town, South Africa, Tenerife, Spain, Barcelona, Spain, Stockholm, Sweden, Koh Samui, Thailand, Phuket, Thailand, Bangkok, Thailand, Dubai, United Arab Emirates, London, United Kingdom.
Problems solved with this Platform First Approach?
- Millions of Tourism Livelihoods Lost
- Billions of Trees Burned
- The Digital Divide
- Rural Bandwidth Provisioning, Last Mile
- US GDP Growth
Target market
- US visitors spent $233 Billion in 2019
- 640 million a day
- 330 million were employed
- Tourism accounts for 1 in 4 new jobs
- US GDP Growth
Virtual Tourism Platform
Sales channels
EcoTours.Travel, EcoTours.Directory and ReeBootEcoTours.com are our main digital funnels. We syndicate tours, content, and reviews offered by local tour organizations on multiple Online travel Portals, like Air BNB, Booking.com, and a hundred others
Marketing activities
Our clients are rural organizations with talented Artisans most of which are not experts in digital marketing. We are and we share our expertise in our Platform. We provide automated bookings, waivers, and scheduling all from within the Eco Tours App (Indexic.net White Label on EcoTours.Travel)
On the Eco Tours Dot Travel Platform, we first provide the opportunity to the miners, who set up the network. Next, we set up a white label indexic, which provides reservations, liability waivers, and scheduling for fulfillment. This automates the workload for Reservations, liability waivers, and scheduling for fulfillment.
Marketing drives traffic which converts to cash and a schedule for independent service providers in the network, peer to peer, member to member. The cost is 9% of the booking (Indexic.net White Label).
Eco-Tours and Travel marketing cost is 10% (Client acquisition cost to local providers who in return are paid in advance for goods and services (No Banks)).
Inclusion, Diversity & Social Impact
Travel & Tourism has always been a sector for the people, by the people; relying on the wonders of this world to thrive. It is a sector that meaningfully changes the lives of the people and communities it touches. It not only creates jobs; but reduces poverty and inequality and enriches communities both economically and socially.
In 2019, 330 million people were employed by the sector, with Travel & Tourism accounting for 1 in 4 new jobs created in the last five years.
Unlike many other sectors, Travel & Tourism is highly inclusive, employing and offering opportunities to people from all walks of life, including minorities, youth, and women, who account for 54% of the sector’s employment.
The sector also fuels entrepreneurship, with 80% of our sector being SMEs. The Travel & Tourism sector has a unique ability to further protect and engage vulnerable groups and communities while fostering innovation and preserving ecosystems; ultimately having a tremendous social impact.
In light of the devastating impact of lockdowns on the sector, there is an urgent need to come together to recover the hundreds of millions of jobs lost, and livelihoods impacted and continue supporting the millions benefiting from the sector by rebuilding together in an even more sustainable and responsible way.
While the sector was on hold, world citizens have been re-invigorated to tackle social and environmental sustainability, providing a unique opportunity to build on this newfound momentum to accelerate meaningful changes in Travel & Tourism that will make a lasting difference for future generations and the planet.
The Eco Tours and Travel Platform is promoted, on hundreds of travel platforms like Air BnB, Expedia, and Tentrr, as well as sponsoring, The Eco Tourist who reports at http://ecotours.travel along with the eco-tours. directory.
Eco-Tours and Travel takes deposits for reservations and handles both digital and fiat-based payments. The Eco Tours and Travel platform also handles liability release forms, and insurance as well as communication of guest dietary, and other special needs. Deposits in advance for Guest Services are paid to local guest service providers immediately, with a right of offset in the event of termination under a contractual, recurring service agreement. All of these activities are supported in the platform. The platform facilitates peer-to-peer, frictionless transactions.
“Platform businesses scale in a manner that is very different from traditional business models, Platform businesses scale without commensurate effort and costs involved from the business itself.”
Sangeet Paul Choudary
And the platform scales with little effort thanks to the positive feedback loop. Guests are connected, even in the wilderness, (digital nomad). Pastries and sweet bread are best served freshly baked that morning which provides transportation to the platform at near zero marginal cost thanks to the bakery delivery requests (trunk of the Tesla). Scheduled trips to a major event like the Sherman Pass provide additional transportation opportunities to the platform at near zero marginal cost.
Self-guided tours are available. Here data blobs are hosted remotely that describe a particular mountain range nearby. Provide information describing hiking trails in the area. Information about what kind of tree that is, information on where to be picked up, and so much more, all for the data cost of 1.00 a gig.
Next, up, in Chapter 4 Tokenomics is not Economics moving from pipes to platforms.
Be sure to follow or subscribe so I can let you know when I publish the next in the series.
Be sure to follow or subscribe so I can let you know when I publish the next in the series.
Social Media – Please Connect at –
linkedin.com/in/MichaelNoel –
https://BizBuilderMike.com –
youtube.com/@BlockchainWeekly –
https://Twitter.com/BizBuilderMike –
https://www.patreon.com/BizBuilderMike
How can I help?
eschew obfuscation, espouse elucidation
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Continue to Chapter Four Chapter 4 Tokenomics is not Economics moving from pipes to platforms.