Project ValueModels

Toward a Semantic Web of valuation to automate cooperative value chains with Blockchains

About the Project

The ValueModels project which is part of the TCP-IP + Blockchain cooperative platform (also submitted as a "manifestation d'intérêt") aims to create a new technical and methodological framework to help detect value(s) and valuation practices and thence bridge the gap between knowledge engineering and the Semantic Web on the one hand and Blockchains on the other. This is done by developing a new approach to modelization in terms of valuation rather than domains so as to foster collaboration among actors who share a compatible approach to valuation by allowing them to implement new cooperative "value chains". ValueModels consortium believes ontology engineering on the Semantic Web has mainly fostered interoperability among datasets rather true cooperation among actors and institutions. To address this shortcoming, it is necessary to model values and valuation practices rather than domains. Value chains among actor who hold compatible value models may then be automated with Blockchains in order to support fruitful cooperation and foster the advent of a sustainable economy which promotes recognition of the diversity of valuation practices and maximizes the production of positive externalities.