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Open-bank.org for a self governed AI network

In an open world, democratisation of ‘creations of mind’ is leading to a sustainable world.

On its newsroom, the Muellners Foundation announced recently that the Open Bank Portal is out of beta and released for public use.

Open-bank.org is a digital public service and brings open finance using ”self governed”, technology based ‘Association’ access to Planet Earth’s resources.

Internet users can visit the web-based service, manage service requests on the Open Constitution network, and secure their financial data residency.

a. Natural persons can set up E Residency keys and access the network’s fractional ownership rights to activate resources on the web.

b. Organizations and Financial Institutions can self-organise and activate resources using their e-Tenancy keys.

c. Startups can avail network resources by activating Startup Tenancy.

d. The Open-Bank.org also makes network and network’s Artificial Intelligence accessible to Public Agencies and Data Privacy Lawmakers, International Financial Co-operation Organisations for both warrant and non warrant cases.

Open-Bank.org uses open-source technologies to enforce Payment Services Directives and regulations on financial data residency, data privacy, and member ID governance. The platform is equipped with Role Based Resource Access. 

You can read more about Open-bank on the portal’s Knowledge Base here.

Future versions are slated to upgrade and simplify the network ownership contracts(Open Constitution license) for E Residents and E Tenants. Project Roadmap has been made available on the network.

The platform relies on open-source distribution Finscale. The web service interface is built on another open-source platform – WordPress, that powers most of the Internet websites. The network is powered with third-party cloud resources, tools and open-source projects to set up embedded finance for Association members. 

Muellners Foundation maintains Open Constitution AI network, and the community uses the Open Bank portal to self-govern resources and social finance. 


Please read the original Press Release here.

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Startup Tenancy on the AI network

This article describes the Startup Tenancy on the Open Constitution network.

Startups and entrepreneurship are promoted on the network.

Citizens who have activated their E Residency can use network resources to build, deploy and scale their start-up product ideas or new projects.

What type of benefits can the startups or projects avail by registering for Startup Tenancy?

For example, citizens can unlock access to third-party computing and network resources for building and deploying user applications.

Consumer-driven startup product ideas can deploy use cases on the network’s beneficiary registry to test and scale their models.

Startup teams can also access the patent-free repositories or the source codes on the network.

The Self-organising global community means Startups registered as tenants on the Open Constitution network access international infrastructure.

Startup teams deploy their use cases to a global network, and the network facilitates and supports project incubation.

The Startup teams also access mentor resources through the Foundation’s open-source accelerator.

Startup projects which graduate from the Open Source Exchange are assisted with regulatory frameworks and Intellectual Property leasing to deploy commercial models.

Who can register a Startup tenancy?

Anybody can register a startup project on the Open Constitution network for the Startup tenancy. They do so by simply becoming a citizen of the AI network first and activating their E Residency lease.

Any project registered goes through a project lifecycle. The startup projects which graduate from the Open Source Accelerator are supported by reducing to practice in open source their product offerings.

The citizens of the network who have founded a startup simply register their Startup as a Tenant on the network.

Startup ideas and project ideas focus on socially sustainable engineering ideas, ideas which restore ecological balance and create more diversity and inclusion.

What does the network ask the startups in return for the tenancy?

Open Constitution requires a startup project to reduce the practice of any Intellectual property created on the AI network to open source, licensed using the Open Constitution license.

Simply put, Startups need to open source their Intellectual Property.

For the graduate startups from the Open Source Exchange, their services are deployed on the digital public services network of the Open Constitution. Startup projects which graduate from the Open Source Exchange are assisted with regulatory frameworks and Intellectual Property leasing to deploy commercial models.

How do then these startups make money if they open-source their IP?

Open-sourcing the intellectual property generated as part of the Startup tenancy on the Open Constitution network does not mean that the startup does not charge or deploy its services in a commercial model.

More details are described on this Program site. Open Source Exchange

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Citizenship

Welcome to the Open Bank Portal on the Open Constitution network. Citizens use this Self-Service to manage and activate Open Constitution Charters.

The Citizenship on the OC network unlocks E Residency and data residency, which citizens can activate and manage here.

All types of network resources for different types of members can be activated on this Open Bank.org Portal.

Citizens also use this self-service to manage their data residency, Account Profile, and Trust keys to access the Open Constitution network.

In theory, the Open-Bank.org Portal unlocks tokenised access to 7.8 billion+ while embedding social, and financial services and Planet Earth’s resource provisioning to the AI network’s E Residents and Tenants.