The Seratio EcoSphere

End of a Journey, Beginning of a New

 

Summary

At the end of Q3 2018 the not-for-profit foundation Centre for Citizenship, Enterprise and Governance (CCEG) will have completed the Seratio Ecosystem to MVP (minimum viable product) level ready to start implementation in Q4 trials with significant partners in cities, regions and countries around the world.  This has been a 7 year journey, started in May 2011, to create structures for good that allows us to travel through our lives guided by the beliefs we hold dear to our hearts. By establishing a digital currency of intangible value, we can use AI (Artificial Intelligence) Bots on our mobiles to navigate our interactions with organisations, products, projects, processes and even people based on their provenance and how aligned they are to our own values. Retailers will be able to incentivise and target to differing degrees whole communities that match most closely their corporate values. We will be able to exchange our token instruments of non-financial value with assets of financial value.

Now moving to engagement and integration within global markets across public, private, civil society and community sectors, the Seratio EcoSystem will be governed by its participants through a Distributed Autonomous Foundation (DAF) which itself will integrate with other DAO (organisations) structures representing the Non-Governmental Organisations (NGO’s) both small and big. We are an international community of over 120,000 with a vision which are ready to deliver, but the next phase is about market need, scalable adoption, and professional operational delivery to give us a world based on sustainable social impact. Our common goal is to form a world transacting on the optimisation of Total Value where both Financial and Non-Financial Value are of equal importance and driven by our individual and collective Values.

The Journey (2011-2018)

We started our journey in May 2011 and created digital impact measurement, the Social Earnings Ratio, which became the “fastest adopted social impact analysis metric in the world” (The Vatican, 2014). The S/E Ratio, a corollary to the financial P/E Ratio, digitises non-financial value, turns sentiment into financial value, and does it through Fast Data in under 10 seconds. Applied successfully to Social Value Act 2012, Modern Slavery Act 2015, EU Commissions, etc and a plethora of academic commissions, CCEG became the leading provider of SaaS platforms across many sectors, with its own journal Social Value & Intangibles Review.

In early 2016 we moved from just  the measurement of value to the movement of value, adding a transaction of value capability through blockchain. We now have a CCEG Blockchain UN Lab which conducted UK’s first Initial Coin Offering in October 2017 with UK Financial Conduct Authority (FCA) guidance,  an institutional blockchain consultancy and advisory service Rothbadi & Co,  a large IP DLT consortium CyberFutures, and a university educational value forum www.EfficiencyExchange.ac.uk.

Justas Structuras Creare (Creating Just Structures) #goodistrending

Our aim remains to enable open source structural change for good,  having researched 12 Whitepapers, a membership association for Blockchain Alliance for Good, and the world’s first peer reviewed academic journal Frontiers in Blockchain, jointly launched with a mainstream academic publisher.

Development Cycle

Seratio Ecosytem final image

The integrated components of the Seratio EcoSphere are described above with the following easy to read non-technical guides to understand the linkages:

Current Status

Seratio Ecosystem - circles

The system as a whole is 85% complete (green shaded above) at present moment with 100% expected by October 2018. Originally expected to complete by July 2018, the additions of the DAF and Exchanges has extended the timescales a further 2-3 months. Although the securities financial exchange (yellow shaded above) will take further still with Swiss FINMA approval required, the security asset exchange is not an immediate requirement for day one as many others exist which we can use.

Moving Forward with Partners

With the end of the visioning and development cycle, comes a new challenge as we move into pilots and trials of our MVP to test and improve the Seratio system. We have in place already one pilot with a UK brand Mencap which has been delayed now to December 2018 due to their financial constraints, several demo’s and launches in November 2018 in Amsterdam and June 2019 in Copenhagen with Informa Plc (FTSE 100), as well as city launches in Taizhou (August 2018), Yiwu (October 2018), and country launches in Wales (August 2018) and Moldova (November 2018); other partners are now in discussion.

The Seratio Ecosystem is aided by AI to assess the complex analytical data available and to transparently steer consumers becoming their online friend. Similarly for public sector institutions, private sector corporates, civil society NGO’s – and their leaders – to become their values driven guide

As with all the work at CCEG, the Seratio EcoSphere is open source, and part of our contribution towards the United Nation’s 17 Sustainable Development Goals.

If you wish to be a partner please feel free to contact us at blockchain.lab@cceg.org.uk

CHINESE

 

Seratio Blockchain: Moving Towards All-in-One Blockchain Environment

Blockchain seems to be ubiquitous nowadays. The space is burgeoning with DIY blockchain (or more generally DLT) development platforms, while there are times as many of the blockchain based applications. However, having a closer look, these blockchain development platforms and eco-systems are focused mainly on the financial digital assets and starting your own ledgers (permissioned or not… up to you!) Majority of the current blockchain platforms do not offer anything more complex than e-wallet, new cryptocurrency development tools and sometimes an exchange. How does Seratio Blockchain offering stand out and why we call it an all-in-one blockchain environment?

Before delving into the technical overview, Seratio Blockchain Environment goes beyond an ordinary blockchain platform by introducing additional social non-financial values based services and including AI into the system. With one of the largest blockchain research and development teams in the world CCEG & Seratio are trailblazers who work towards creating not merely technically unique but most importantly community beneficial solutions.

It started from just a blockchain platform in 2017… Since then, Seratio development team has introduced a few new components into the system. Although our plans have grown, the goal is the same: we are looking to enable beneficiaries to keep track of the value and impact they make and let them profit from it.

Bird’s-eye View
Seratio Blockchain Environment consists from the following main parts:
– Seratio Platform (incl. platform embedded services)
– Add-on Services
– Decentralised Exchange
– Decentralised Autonomous Foundation (DAF)

Blockchain Environment (1)

Multicurrency E-Wallet
Seratio Wallet is an interface multicurrency wallet. As of May 2018, platform users can store and transfer platform native tokens such as SER, SER Altcoins and Microshares, as well as other ERC20 tokens (ETH, ETC). The work is going on introducing BTC and other Altcoins (Q4 2018).

Another unique feature that Seratio development team is pioneering is a new token standard – ERC995. The standard will allow tracking token origin – so called Association Flags. It is introduced to give token holders the opportunity to check which financial tokens (whether SER & Altcoins) gave ‘birth’ to their Microshares (non-financial tokens), and therefore check what values are stored & carried. From technical point of view, the standard is ERC20 and ERC827 token standards based, and ushers improved token transfer functionality. ERC995 Token Standard has been already introduced to the community and is scheduled to go live in summer 2018.

Soft Value Tracker
One of the most important and unique features of the Seratio Platform are the S/E certificates. Certificates allow transaction of the non-financial attributes (labels), more precisely they show how much social non-financial value an entity creates against its financial value. Although S/E certificates are optional they are essential to benefit from all the services (embedded & add-on) provided by the Seratio platform. S/E Certificates are currently available for the platform users in the alpha mode.

Add-on Services
There is a number of add-on services that are connected to the Seratio Platform and its APIs. The services include:
– Provenance Engine – software to track financial and non-financial origins;
– Seratio AI Wallet – AI bot injected ‘hot’ cryptocurrency wallet;
– Retailer’s Portal – blockchain-based service that allows crypto transition without interfering with the existing Retail Management Software;
– Rewarding Body Portal – blockchain-based service that provides entities with ready-to-use token development and management (S/E based) tools.

The services can be accessed through the Seratio Platform account as well as independently. All 4 services are currently under development and each have a dedicated development sub-team.  Retailer’s Portal & Rewarding Body Portal are close to completion and will go live simultaneously with the mobile version of the Seratio Platform (summer 2018).

More details on the platform & add-on services can be found in Seratio Whitepapers.

Decentralised Exchange

ClassicDelta is a decentralised crypto-to-crypto converter and trade homeplace for the Microshares (non-financial tokens). The exchange is aimed to support functionality of Seratio Platform services, particularly SER & SER Altcoins token holders. ClassicDelta brings together both Ethereum and Ethereum Classic blockchains whilst other crypto exchanges operate mainly and exclusively on only one blockchain.  ClassicDelta is now under active development and is scheduled to start operating in Q3 2018.

Decentralised Autonomous Foundation (DAF)
DAF is a hybrid concept introduced by the CCEG. DAF is an extension of DAO and represents a decentralised wisdom-of-crowds community engaging tool.  DAF is currently at its early stages of design and development.

CCEG has introduced its DAF model in the latest Seratio Whitepaper.