Creating anti-rival tokens for collaboration and sharing in ATARCA
2021-06-30
This episode focuses on the key concepts of ATARCA (Accounting Technologies for Anti-Rival Coordination and Allocation), a two-year research project that TX has embarked on earlier this year. The aim of ATARCA is to investigate in its two pilot experiments how blockchain technologies can be used to create new types of businesses based on the replicable nature of digital resources.
Head of Technology Jarno Marttila from TX and Dr. Esko Hakanen who is the Project Manager of ATARCA and a post-doctoral researcher at Aalto University talk about what the concept of anti-rival goods means, and how anti-rivalry could turn out to revolutionalise business especially with immaterial goods such as information within the next 20-30 years.
They also discuss the more complex question of if and how this concept can be taken even to traditional and asset intensive sectors such as manufacturing where the new roles of collaboration, connectivity, and sustainability require added interaction and agile experimentation across companies, something which can benefit from anti-rival tokenisation.
Watch the video podcast on Youtube, or listen on Apple Podcasts or Spotify.
In the TX Podcast series, we dive into web 3 technologies and data economies with guests from forward-thinking companies around the world. Tune in for talks about the next generation of internet technologies, blockchain, DeFi, cryptocurrencies, IoT, AI and machine learning.
Follow us on Twitter, Linkedin, Facebook, and Instagram, and subscribe to our newsletter via the form below.
ATARCA has received funding from the European Union’s Horizon 2020 research and innovation programme. Any dissemination of results here presented reflects only the consortium view.
Related posts
2021-02-18 News
TX joins European consortium to solve market failure of artificially scarce digital goods
An EU grant of €2.75m has been awarded to the consortium for the ATARCA project. A new economic category for abundant goods — anti-rival goods that increase in value when shared — forms the basis of research. ATARCA aims to create a new economic system in which digital goods are no longer traded with mediums of exchange, such as fiat money, but with mediums of sharing.
Drop us a message to discuss your project
We’ll get back to you as soon as possible.
Find out more
For information on how we can transform your sector or business, please get in touch using the contact details below.
Tracey pilot aims to offer micro-loans for SMEs and Micro Enterprises, powered by Binance Smart Chain
2021-03-09
Laura Tuppurainen
Head of Marketing at TX
Press release
The aim of the project led by TX – Tomorrow Explored is to improve financial inclusion in emerging markets through the development of the blockchain-enabled traceability and trade data app, Tracey. Collaborators in the project include WWF-Philippines, Union Bank of the Philippines, Easyfi and Streamr.
Globally, 1.7 billion people are without access to institutional finance according to the World Bank. These so-called “unbanked” individuals tend to be concentrated among poorer households, with about a quarter of unbanked adults living in the poorest 20% of households within their economy.
Tracey helps small scale fishers in emerging markets gain access to finance by sharing verified information on their seafood catch and trade. The trade data is used by lenders to ascertain creditworthiness and offer suitable micro-finance based on the eligibility of the borrower.
Low-cost and efficient access to capital can be an incentive for fishers to provide traders and processors with accurate data about their fish. Simultaneously, it can help address some of the traceability issues witnessed in the first mile of activity, while also providing improved catch data at landing to help inform fisheries management measures by local authorities.
Now, Tracey project is introducing the integration of Binance Smart Chain. Binance Smart Chain will be used as the blockchain infrastructure for the app and Easyfi decentralised lending protocol. The Tracey app will integrate with both Centralized Finance (UnionBank of the Philippines) and Decentralized Finance (Easyfi) lenders, enabling them to access the trading data captured by users of the app and offer micro-finance.
Expanding to crypto lending in the Tracey project removes the geographical barriers to scaling the product, which exist with traditional banking institutes. Binance crypto exchange is the largest in the world by trading volume and has a user count of 12 million users globally. Through this collaboration, the Tracey solution will be able to facilitate lending in 180+ countries.
Binance will participate in several rounds of pilots, the first of which is currently taking place in Mindoro, Philippines for the WWF-led Fisheries Improvement program. Post-pilot, the product has the potential to roll out to other small-scale operators in FIP sites (Fishery Improvement Projects) as well as AIPs (Aquaculture Improvement Projects) around the world, and later, to support other micro-SME markets.
“TX is engineering value from data to deliver solutions that help solve global challenges around poverty by improving the livelihoods and welfare of actors within the micro-SME markets of emerging countries,” explains TX Managing Director Ben Sheppard.
“We are excited by the innovative developments and the potential that this collaboration offers in solving challenges around first mile traceability of seafood. Industry members of the Global Dialogue on Seafood Traceability (GDST) recognise the challenge in obtaining first mile data from small scale fishers. We believe that by providing key incentives, the appropriate technology is now making this possible,” says Susan Roxas, Fisheries and Finance Lead of the WWF Coral Triangle Program.
For media enquiries, please contact Laura Tuppurainen +358 50 4080946 or laura@tx.company.
Related case study
We’re working with WWF and UnionBank of the Philippines to improve traceability and sustainable fishing
Through this collaboration, we’re developing a blockchain-enabled application, Tracey, that will incentivise fishers to record their catch data and earning capacity digitally.
More from TX
2020-02-18 News Laura Tuppurainen
TX joins European consortium to solve market failure of artificially scarce digital goods
A €2.75m EU grant has been awarded to the ATARCA project aiming to create a new economic system in which digital goods are traded with mediums of sharing.
Drop us a message to discuss your project
We’ll get back to you as soon as possible.
Find out more
For information on how we can transform your sector or business, please get in touch using the contact details below.
2021-06-09 Blog Rob Holmes
KRAKEN: Overcoming the challenge of privacy in data marketplaces with MPC
This new approach would open up access to widely dispersed and siloed health data for analysis, whilst ensuring that sensitive data is not exposed to any third party.
2021-05-26 Blog Markku Nousiainen
Making personal data accessible while strictly private – Design challenges in the KRAKEN project
Many data providers and consumers are first timers and need guidance as to why and how to share data, including more abstract topics about privacy and legality.
2021-05-19 Podcast
TX Podcast: How to build a leading DeFi brand – Avalanche, with Jay Kurahashi-Sofue of Ava Labs
Joining our podcast this time is Jay Kurahashi-Sofue, VP of Marketing at Ava Labs, the blockchain organisation building Avalanche.
2021-05-04 Podcast
TX Podcast: API3 and the DAO-governed model, with Sasa Milic
In this episode, we dive deeper into the topic of DAOs by talking to Sasa Milic of API3.
2021-04-27 Podcast
TX Podcast: Polkadot and DAOs, with Irina Karagyaur
Irina Karagyaur joins us to talk about Decentralized Autonomous Organisations (DAOs) and Polkadot, an open-source project founded by the Web3 Foundation.
2021-04-13 Podcast
TX Podcast: Decentralized derivatives, with Andrey Belyakov of Opium Protocol
Andrey Belyakov, founder and CEO of Opium Protocol joins us to talk about decentralized derivatives.
2021-03-31 Podcast
TX Podcast: NFTs with Matt Innes of Streamr
We dive into the hot topic of the moment, NFTs (Non Fungible Tokens), with Matt Innes, Chief Design Officer of the Streamr project.
2021-03-23 Podcast
TX Podcast: Seafood traceability in Peru, with Aimée Leslie of WWF
Aimée Leslie is part of the team working at WWF Peru to drive seafood traceability and sustainable fishing practices in Peruvian fisheries.
2021-03-18 Blog Aleksi Lindblad
Upgrading legacy systems iteratively – the process-driven approach
It may feel tempting to start from scratch and get rid of the legacy system completely. However, this approach often brings a new set of problems.
2021-03-09 News Laura Tuppurainen
Tracey pilot aims to offer micro-loans for SMEs and Micro Enterprises, powered by Binance Smart Chain
The Tracey app will enable micro-finance from both CeFi and DeFi lenders to help lift fisherfolk from poverty by using trade data to ascertain creditworthiness.
2021-03-03 Podcast
TX Podcast: Decentralized Finance with Julian Hosp of Cake Defi
We kick off the DeFi series of our podcast with Dr. Julian Hosp, cofounder and CEO of Cake Defi.
2021-02-18 News Laura Tuppurainen
TX joins European consortium to solve market failure of artificially scarce digital goods
A €2.75m EU grant has been awarded to the ATARCA project aiming to create a new economic system in which digital goods are traded with mediums of sharing.
2021-02-16 Podcast
TX Podcast: Driving transparency in the dairy value chain, Tomi Sirén of Arla
With increasing demand for transparency on farm animal welfare, Arla has developed two technology products to drive transparency in the dairy value chain.
2021-02-15 Blog Jarmo Suoranta
Drink as much coffee as you like – rethinking subscription-based services
Today, many of the most successful services are subscription-based. What makes a successful subscription service?
Recap of 2020 in the KRAKEN project
The EU-funded KRAKEN project aims to facilitate the sharing of personal data in healthcare and education by ensuring the preservation of privacy. Rob Holmes gives an overview of the year 2020 in the project.
Creating IT that enables online business strategies
Jarmo Suoranta shares the recipe for a modern automated subscription based service.
2020-11-24 Podcast
TX Podcast: Data marketplaces in manufacturing, with Fastems
In this episode, we discuss how the use of real-time data is changing manufacturing, and the data economies that are emerging in this industry with Tomi Kankainen of Fastems.
2020-11-10 Podcast
TX Podcast: Harnessing data to transform operations with Arcadis Gen
Michael Rose, Chief Strategy Officer of Arcadis Gen join us to talk about their data-driven products that are helping organisations transform their operations.
2020-11-04 Podcast
TX Podcast: Developing a marketplace for health and education data with Atos
In this episode, we learn more about Atos, the multinational IT company working as our partner in the EU H2020 funded KRAKEN project.
Is your ecommerce solution standing in the way of scaling your business?
When your business is becoming digital, a webshop is not simply an isolated component – it must be integrated with your business as a whole.
2020-10-27 Podcast
TX Podcast: Collective machine learning models with Fetch.ai
Humayun Sheikh, CEO of Cambridge-based artificial intelligence lab Fetch.ai, joins us to talk about why collective machine learning models are necessary for accelerating innovation.
2020-10-12 Podcast
TX Podcast: The world’s first Data Union, Swash
We talk to Swash and Streamr – two companies on a mission to create a better, more dignified internet where people are in control of their data.
2020-10-05 Podcast
TX Podcast: The innovative county using drones for medicine delivery, Llewelyn Morgan of Oxfordshire
In this episode, we discuss the innovation projects of Oxfordshire County Council and how counties can benefit from Web 3 technologies and real-time data to create better infrastructure and services for citizens.
2020-09-23 Podcast
TX Podcast: The future of Vehicle Data, Peter Busch of Bosch
In this episode, we discuss where the automotive industry is heading in terms of data sharing and the challenges and opportunities around vehicle generated data with Peter Busch of Bosch.
2020-09-22 Blog Jarmo Suoranta
Cornerstones of business models in the new normal
It’s time to ensure that businesses meet the requirements of the new normal.
2020-09-15 Podcast
TX Podcast: Effect.ai unlocking the value of data with AI & human talent combined
Chris Dawe, CEO and Co-Founder Effect.ai, joins us to discuss how Artificial Intelligence and a global workforce can unlock the value of data for organisations.
2020-09-08 Podcast
TX Podcast: Creating value from data in the Telco industry with Charlotte Patrick
In this episode we dive into data monetisation and the commercial opportunities created by data in the telco industry with independent analyst Charlotte Patrick.
2020-08-31 Podcast
TX Podcast: Continental and the Web 3 technologies shaping the automotive industry
It is estimated that by 2025, 90% of produced vehicles will have embedded connectivity solutions. We invited Stefan Schneider and Konrad Hilarius of Continental AG to talk about the future of the automotive industry, where the growing amount of vehicle data is unlocking opportunities for data monetisation.
2020-08-24 Blog Ben Sheppard
Blockchain won’t solve your traceability issues if you’re not capturing accurate data – how we Assess the problem space
With the hype of blockchain over the last few years, numerous companies are now offering blockchain-enabled traceability solutions. But the fundamental problem that must be solved before data is entered onto the chain is its accuracy and correctness.
2020-08-20 Blog Jarmo Suoranta
Building the Postmodern ERP
ERP systems have been the heart of companies since the rise of the digital era. Like the human heart, the ERP should be active at all times, pushing freshly oxidised blood throughout the body and keeping the machine running smoothly.
2020-07-20 Podcast
TX Podcast: Whim App
In this instalment of the TX Podcast, we talk to Krista Huhtala-Jenks, Head of Ecosystem & Sustainability at the world’s first Mobility-as-a-Service operator MaaS Global and VP of the MaaS Alliance. MaaS Global is the company behind the Whim app, which is already live in a number of cities and regions across Europe.
2020-06-23 Podcast
TX Podcast: MPTC and the potential of data for Mobility-as-a-Service (MaaS)
On this episode, we have Raymund Patrick Ramos, Technology Officer at Metro Pacific Tollways Corporation, the largest toll road operator in the Philippines and one of the largest in Asia. MPTC is one of the forward thinking tollroad operators beginning their data journey to unlock value from data and create improved services for their customers.
2020-06-02 Podcast
TX Podcast: UnionBank of the Philippines
We’re talking with Ramon Duarte, Head of Platform and Transactions of UnionBank of the Philippines about how innovative technologies in the financial sector are helping to bank those that are unbanked. We discuss UnionBank’s exciting initiatives involving blockchain and data monetisation.
2020-05-05 Podcast
TX Podcast: Decentralised data transportation – Streamr Network
Streamr is one of the companies pioneering in decentralised data systems. In this episode, we’re talking to Henri Pihkala, CEO of Streamr about the benefits of decentralised vs traditional data systems, data crowd-sourcing and crowdselling, and how Streamr is creating a fertile ground for new business models around data monetisation and fairer value chains in the data context.
2020-04-22 Podcast
TX Podcast: Data economies within Health and Pharmaceuticals industries
In our podcast, we’re interviewing Davide Zaccagnini MD at Lynkeus about the importance of big data and data economies within the Pharmaceuticals and HealthCare industry. We also discuss progress on the KRAKEN H2020 project.
2020-04-06 Podcast
TX Podcast: Crowdsourcing and monetising data (Data Unions)
We invited the Head Of Growth from the Streamr project, Shiv Malik to talk about crowdsourcing and monetising data from millions of individuals in a legally compliant manner. Streamr project refers to this process as a Data Union. Subscribe to this podcast to hear all about the importance of data unions.
2020-03-31 Podcast
TX Podcast: A design-centric approach to engineering data economies
In this podcast, we discuss our new collaboration with Sangre Oy, a Finnish design company that will be working with TX on Engineering Data Economies.
2020-03-19 Blog Martin Moravek
Unlocking vehicle data and creating value for both the vehicle manufacturer and driver
Giving drivers greater control over their car’s data to decide whether to share it with 3rd parties in return for a share of the revenues generated from its sale could help vehicle manufacturers overcome their existing challenges to monetize vehicle data.
2020-03-05 Podcast
TX Podcast: Traceability of Seafood
Ben Sheppard (Managing Director) and Jarno Marttila (Head of Technology) discussing traceability of seafood and their project referred to as “Tracey”, being delivered in partnership with WWF and UnionBank of the Philippines.
2020-02-26 Blog Rob Holmes
Engineering Solutions for the Future Data Economy in Healthcare
The growth of the medical Internet of Things (IoT) market and the accelerating drive for truly personalised health has led to a boom in the development and consumption of wearable devices that are produced to measure attributes such as personal heart rate, steps walked, blood pressure and other useful data of citizens.
Subscribe to our newsletter
Receive our latest updates to your inbox. We’ll handle your data according to our privacy policy.
Get in touch
For information on how we can transform your sector or business, please get in touch using the contact details below. To submit a job application, please visit our Careers page. We don’t accept applications via email.
Street address:
Kaisaniemenkatu 4 A (7th floor)
00100 Helsinki, Finland
