Technology

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Pursuing the elusive micropayment

In 1989, Brewster Kahle introduced his Wide Area Information Server Concepts. In many ways the web is now being used in ways that Brewster was suggesting for WAIS. Included in his suggestions were issues of how people would get paid for the content they put online.

Today, people are still working on different ways to get paid online. You can download music online complete with digital rights management for a buck from various sites, if you sign up ahead of time. You can subscribe to various newspapers online. Yet the problem of micropayments still hasn’t really be solved.

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Virtual foreign exchange trading

(Originally posted at Toomre Capital Markets.)

Every day, around $2 trillion of currencies are traded, dollars, yen, euros, as spot trades, as well as various types of derivatives, including forwards, forex swaps and options. This sort of volume makes the $200,000 traded daily on the Second Life spot exchange seem particularly small. However, with Second Life’s economy at least tripling annually, it may well be a market worth exploring in detail.

There are various things needed for an efficient market. First and foremost, you need good market data. Second Life provides some good economic data on a daily basis, but is it possible to get this data on a real time basis? Could we set up a market data feed?

At TCM, we look at how to pull together emerging innovations in the financial services industry by thinking outside of the box. Read more to find out what we’ve done so far with Second Life and how it could be used with other emerging tools.

Statewide wireless

Over on MyLeftNutmg, MattW points out Rep. Tom Drew’s proposed bill, Proposed Bill No. 6502, AN ACT CONCERNING WIRELESS INTERNET ACCESS.

That the general statutes be amended to establish a working group to make recommendations for creating incentives to expand or maximize wireless Internet access in the state.

On initial reading, this sounds like a great idea. Statewide WiFi. As I commented on MyLeftNutmeg:

As a starting point, every public building ought to have WiFi. Schools, libraries, town halls, court houses, police stations, etc. Some already do, and many others can without much work.

Getting WiFi at parks and Community Technology Centers probably brings even more bang for the buck, but is harder get through.

Yet the devil is always in the details. Who will be in the working group? What will happen to the recommendations? What sort of incentives are being considered? Will the group be made up of industry executives pushing for proposals for large corporate giveaways to get the corporations to make $30/month WiFi access more ubiquitous? Will the group be made up of technogeeks pushing for some wonderful but arcane and unusable solution? Will the recommendations end up being one more set of recommendations that get added to a library somewhere and not acted upon? We shall see.

How will this “maximize economic and other development” in our State? Will it be done in such a way that helps alleviate the digital divide, or will it compound the digital divide with policies that make it useful only to people that already have WiFi enabled laptops and the knowledge of how to use them.

I hope that we get a lot of people working together to make sure that this bill does bring about greater Internet access for a wide spectrum of citizens.

A big day

(Cross-posted at Greater Democracy)

Yesterday was a big day for the future of Democratic Politics. Yes, we all know about the importance of the first woman Speaker of the House. I hope many of us were touched by her reaching out to a new generation and inviting children up to the speaker’s chair to touch the gavel. So, instead of talking about that, I want to talk about a different aspect of it being a big day.

Representative George Miller stopped by in Second Life at Capitol Hill in Second Life. For more information about the space, check out Rocketboom’s Wiki entry about the space.

You can read about it on the New York Times’ blog and Beth Kanter’s blog. I recorded various parts of the event using Fraps. Unfortunately, the format that Fraps saves is a bit strange and I haven’t had a chance to edit my two gigs of clips. I did put a couple of them up on blip.tv if anyone wants to grab some raw footage. Also, drop me a note if you want some of my other raw footage.

During the event, we watched the opening of Congress on a C-Span feed streaming in and talked about a lot of different things. Folks from Sun Microsystems and Clearink were there. They had helped a lot with the building of Capitol Hill in Second Space and had some interesting things to talk about.

In particular, they mentioned Edutopia, a project of the George Lucas Educational Foundation. It looks like Edutopia is project that should be looked at more closely.

One of the interesting features of Capitol Hill in Second Life was that the roof was transparent. There were various jokes about promoting transparency in Washington, and Rep. Miller talked a bit about transparency. I asked a question about the Punch Clock Campaign and Read the Bill. He spoke generally about his support of such efforts, and I hope that people stay on top of this.

Also, during a hiatus, I had a great discussion with Katt Kongo. Katt is the editor of The Metaverse Messenger. She claims it is the largest newspaper in SecondLife, with a circulation of around twenty thousand. I was struck by it being a PDF, as opposed to some sort of blog feed with RSS etc. She claimed that she got better advertising rates that way and that M2, as it is known, is self supporting and she is actually managing to earn her living reporting on Second Life.

We talked about what role Capitol Hill in Second Life could pay, and I spoke about how I hoped that it would encourage people not traditionally involved with politics and governance to become more connected with the political process.

Other reporters there included Adam Reuters who runs Reuters bureau in Second Life, as well as a reporter for GQ, who was wearing a tux that did not live up to his GQ billing. There were various discussions about how hard it is to find good men’s clothes in Second Life.

So, while Nancy Pelosi was making history in real life Capitol Hill, Rep. George Miller and a bunch of reporters and Second Life enthusiasts made there own little bit of history. Will Second Life become a tool that will help make our government more transparent.

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Opening of Congress in Second Life



Opening of Congress in Second Life, originally uploaded by Aldon.

I'm sitting in Second Life taking pictures and videos of the opening of congress as it is viewed from Second Life.

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