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=The InfoValet Project -- Overview=
 +
 
==Challenge: How to sustain values, purposes of journalism?==
 
==Challenge: How to sustain values, purposes of journalism?==
 
*Mass markets splintering  
 
*Mass markets splintering  
 
*Search advertising effective competitor
 
*Search advertising effective competitor
*Classifieds done better on the web  
+
*Classifieds have done better on the web  
*What sustains journalism in that environment  
+
*What sustains journalism in that environment?
  
 
==News as a service not a product==
 
==News as a service not a product==
*Helping user find access to info from anywhere  
+
*Helping user find access on [http://www.pokerenfrancais.eu/ poker en ligne] to info from anywhere  
 
*Creating a conversation, community ... network  
 
*Creating a conversation, community ... network  
 
*Not just about the story; smaller, larger remix  
 
*Not just about the story; smaller, larger remix  
 
*The news social network  
 
*The news social network  
 
*New concept: The "InfoValet" -- trusted advisor/broker  
 
*New concept: The "InfoValet" -- trusted advisor/broker  
*But how to be rewarded  
+
*But how to be rewarded?
  
 
==Making the market for digital information -- HOW?==
 
==Making the market for digital information -- HOW?==
*Consumer user establishes account with InfoValet  
+
*Consumer/user establishes account with InfoValet  
 
*Shares as much demographic, preference info as desired
 
*Shares as much demographic, preference info as desired
*This information shared among multiple participating sites
+
*This information may be released by the user to multiple participating sites
 
*Records of activity logged, aggregated to InfoValet, purged
 
*Records of activity logged, aggregated to InfoValet, purged
*Establishes "shared-value network" for commerce, service  
+
*Establishes "shared-value network" for commerce, service
+
 
 
==Making the market for digital information -- ADVERTISING==
 
==Making the market for digital information -- ADVERTISING==
 
*Rewards for activities, viewing ads, sponsored material  
 
*Rewards for activities, viewing ads, sponsored material  
 
**Example: The Ford Explorer PDF download  
 
**Example: The Ford Explorer PDF download  
 
**Advertising network based on interest not inference  
 
**Advertising network based on interest not inference  
**Higher CPMs for the news industry
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**Higher CPMs for the news [http://www.essaywriters.net online jobs]industry
 
**Consistent with Federal Trade Commission privacy guidlines  
 
**Consistent with Federal Trade Commission privacy guidlines  
 
    
 
    
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*Access to "deep web," premium, personalized content  
 
*Access to "deep web," premium, personalized content  
 
*Freedom of choice in picking InfoValets (unlike PayPal, etc.)  
 
*Freedom of choice in picking InfoValets (unlike PayPal, etc.)  
 +
 +
==Benefits to other parties==
 +
*CONTENT PRODUCERS -- Free market for digital info
 +
**Newspapers / magazines
 +
**Music, video, entertainment
 +
**Speciality publishers
 +
*'USER OWNERS' -- Share yet maintain ownership of user base
 +
**Newspapers/magazines
 +
**Google, Yahoo, PayPal, Amazon
 +
**Banks, affinity groups
 +
**Other namespace companies (travel, sports, retail)
  
 
==Adoption strategy: Journalism Trust Association==
 
==Adoption strategy: Journalism Trust Association==
 +
*Started with Dec. 3-5 "Blueprint" to frame issues
 
*Non-stock, non-profit JTA guides early years  
 
*Non-stock, non-profit JTA guides early years  
 
*Non-competitive ownership, trusted control
 
*Non-competitive ownership, trusted control
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*Convenes industry around specific system  
 
*Convenes industry around specific system  
 
*Makes/enforces rules for use of InfoValet logo/service
 
*Makes/enforces rules for use of InfoValet logo/service
 +
*Integrates, contracts with advertising, tech, financial-service pieces
 +
*Any profits dividended to JTA and other stakeholders
 +
**Possibly transaction fees, license fees
 +
 +
==How financed?==
 +
*RJI inclubated through Densmore 2008-2009 fellowship
 +
*JTA will give note to RJI/Mizzou, convertible to stock in IVSC
 +
*Plan for self-funding of IVSC
 +
*Among startup funding options for IVSC:
 +
**Foundations (if formed as L3C), as program-related investment
 +
**Strategic investors (who may be licensed/contract partners)
 +
**Debt financing
 +
**Equity stakeholders (nonvoting?)
 +
 +
==Meeting goal==
 +
*New business for news organizations
 +
*New ecosystem for news aggregation, customization, sharing
 +
*Connects news with social network
 +
*<i>Possibility</i> of dividends to JTA to support journalism
 +
* [http://www.resumedocket.com/professional-level.html resume writing]
 +
 +
*Critical Internet framework guided by journalists
 +
 +
==How will it work?==
 +
 +
*InfoValet specifies a "pluggable framework" that allows multiple players to fulfill different roles and compete for business.
 +
*APIs enable different applications to share data according to the framework specification.
 +
*The architecture of the ecosystem is distributed as much as possible (instead of being centralized).
 +
*Security is enhanced by decrypting user information only on the user's most-trusted service provider or the user's machine/device.
 +
*The user can then control the release of his information to other services, depending on the degree to which he trusts those services.

Latest revision as of 08:41, 29 June 2011

The InfoValet Project -- Overview

Challenge: How to sustain values, purposes of journalism?

  • Mass markets splintering
  • Search advertising effective competitor
  • Classifieds have done better on the web
  • What sustains journalism in that environment?

News as a service not a product

  • Helping user find access on poker en ligne to info from anywhere
  • Creating a conversation, community ... network
  • Not just about the story; smaller, larger remix
  • The news social network
  • New concept: The "InfoValet" -- trusted advisor/broker
  • But how to be rewarded?

Making the market for digital information -- HOW?

  • Consumer/user establishes account with InfoValet
  • Shares as much demographic, preference info as desired
  • This information may be released by the user to multiple participating sites
  • Records of activity logged, aggregated to InfoValet, purged
  • Establishes "shared-value network" for commerce, service

Making the market for digital information -- ADVERTISING

  • Rewards for activities, viewing ads, sponsored material
    • Example: The Ford Explorer PDF download
    • Advertising network based on interest not inference
    • Higher CPMs for the news online jobsindustry
    • Consistent with Federal Trade Commission privacy guidlines

Making the market for digital information -- NEWS/CONTENT

  • Shared-user network for news-oriented social interaction
  • Subscription access to multiple websites (cable model)
    • Access by time, or bundle
    • Economic purchasing on a per-item basis (music, video, text)
  • Enables "public radio model" too (Kachingle, others)

Benefits to consumers/users

  • One account, one ID, one password, (one bill or reward)
  • Personalized service over a network of sites
  • Demographic privacy portable, trusted (no more crumbs everywhere)
  • Rewards for sharing info (like the supermarket card)
  • Access to "deep web," premium, personalized content
  • Freedom of choice in picking InfoValets (unlike PayPal, etc.)

Benefits to other parties

  • CONTENT PRODUCERS -- Free market for digital info
    • Newspapers / magazines
    • Music, video, entertainment
    • Speciality publishers
  • 'USER OWNERS' -- Share yet maintain ownership of user base
    • Newspapers/magazines
    • Google, Yahoo, PayPal, Amazon
    • Banks, affinity groups
    • Other namespace companies (travel, sports, retail)

Adoption strategy: Journalism Trust Association

  • Started with Dec. 3-5 "Blueprint" to frame issues
  • Non-stock, non-profit JTA guides early years
  • Non-competitive ownership, trusted control
  • "Founding members" advise early decisions
  • Broadly representative board gradually enlarged
  • Controlling owner of InfoValet Service Corp.

InfoValet Service Corp. -- Convenor, integrator

  • For profit LLC or L3C / controlled by JTA
  • Convenes industry around specific system
  • Makes/enforces rules for use of InfoValet logo/service
  • Integrates, contracts with advertising, tech, financial-service pieces
  • Any profits dividended to JTA and other stakeholders
    • Possibly transaction fees, license fees

How financed?

  • RJI inclubated through Densmore 2008-2009 fellowship
  • JTA will give note to RJI/Mizzou, convertible to stock in IVSC
  • Plan for self-funding of IVSC
  • Among startup funding options for IVSC:
    • Foundations (if formed as L3C), as program-related investment
    • Strategic investors (who may be licensed/contract partners)
    • Debt financing
    • Equity stakeholders (nonvoting?)

Meeting goal

  • New business for news organizations
  • New ecosystem for news aggregation, customization, sharing
  • Connects news with social network
  • Possibility of dividends to JTA to support journalism
  • resume writing
  • Critical Internet framework guided by journalists

How will it work?

  • InfoValet specifies a "pluggable framework" that allows multiple players to fulfill different roles and compete for business.
  • APIs enable different applications to share data according to the framework specification.
  • The architecture of the ecosystem is distributed as much as possible (instead of being centralized).
  • Security is enhanced by decrypting user information only on the user's most-trusted service provider or the user's machine/device.
  • The user can then control the release of his information to other services, depending on the degree to which he trusts those services.