A short history of account, accounting and accountability

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Vocabulary

  1. Receipt:
  2. Witnessing: the more witnesses, the more validity / truth
  3. Account:
  4. Data Symmetry:
  5. Book or Registrar (Key-Value-Pair)
  6. Peer to Peer: direct trade between people,
  7. Authority: Centrelised authority controlling the book
  8. Double Entry-Book-Keeping
  9. Institution: Witnessing machine to create data symmetry

Tribal Witnessing

Tribe being nomads

  • important
  • come together in their circle
    • Somebody dies
    • Somebody gets born
    • Somebody is a new couple which starts a family together
    • Conflict which needs resolution in the tribe

Witnessing each other in the circle - data-symmetry - similar recollection of memory.

Peer-2-Peer Witnessing, Data Symmetry (Shared Truth)

Institutionalized Witnessing

Book integrity, and control of the book.

Tribe Witnessing peer-two-peer but with Authority of church 'the book of the village'. The Church writes a book. Only priest writes the book. In this book there is truth. Like Bible book of the truth. Book church on holds a all matters:

  • Somebody dies
  • Somebody gets born
  • There is in important conflict
  • A new family is created (marriage)

Authority Witnessing Receipt + Book

Scaling Institutionalized Witnessing

Hand out receipts for the book. Cross-Church-Campatible Authorised witnissing. Creation of money receipts hard to forge and there scale.

Unforgable Receipts + Book Authority Witnessing

Double Entry Book Keeping

All organisations hold the 'book of the organisation' keep Data Symmetry for Accounts through double entry book keeping. Every invoice is a receipt. Institutions which hold 'the book of taxes' financial department.

Bank who keeps symmetry about the monetary supply and who holds the book of money.

More examples

  • Driver License authority: The book of the drivers licenses, and they issue receipts which are called drivers licenses.
  • Foreign ministry: The book of all forereigners in the country, and they issue receipts which are called visas.
  • A Bank: The book of all accounts, and they issue bank cards (account access) or central bank receipts called cash.
  • A university: The book of graduates and issues receipts called diploma.

Scalable Peer-2-Peer Accounting

Symmetry in Peer to Peer Accounting: Double Spending Problem

  • Bitcoin, Ethereum

Double-entry-bookkeeping with a transparent protocol and a transparent business structure which allows for permissionless peer to peer transactions. OR the network is the institution which holds the book of all accounts and issues receipts via blocks (electronical transaction records).

Next Step:

Scalable Peer-2-Peer Receipt Systems

  • Allow to come back to tribal witnessing (everybody can witness and choose so)
  • But now with counterfeit proof receipts which allows to scale this perspective in any context
  • Cross-Tribal Symmetry
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