We define Impact as: that which improves the lives of real people. CoGov is not designed just for collectives to govern themselves internally. It is designed to allow collectives to make agreements to co-govern each other within appropriate membranes which seek to obtain maximum improvement to real people’s lives. As flows are identified that affect real people’s lives, Impact Currencies can be created to form working relationships between Collectives that ensure a net positive impact.
Obvious negative impact are air and water pollution. A more subtle example is what is sometimes called an “externalized cost”. Costs get externalized when, in seeking the lowest monetary costs of production, a profit-centric business entity, perhaps inadvertently, takes something away from other people, cultures, or the planet. Examples of positive impact are the health and well-being of collective members, associates, customers, and vendors. Positive Impact could also be the reversal of other identified negative impacts.
An example of an Impact Currency in action might be when Collective A requires a type of labor from some of its members that leads to predictable health issues. A relationship could be formed with Collective B that specializes in a type of health service that seeks to prevent and heal those issues. Metrics could be agreed upon to form the basis of a currency that gets exchanged in a way that provides “free” health services to members of Collective A who agree to perform the problematic labor.
Assign to non-member, or other collective, ability to obfuscate, initiator of transaction can choose who can see the transaction