Five fundamental elements of a new economy

Peanuts. Small, often informal contribution to the economy, which can now be mobilized and made productive.

Smart object. A physical object which is connected to superstructure of other smart devices, exchanging data and coordinating behaviour to create a new level of value to users.

Participant. Not just a producer of goods and services. Not just a consumer of them, either. A participant is a co-creator, who collaborates with others to create a solution.

Instance. A solution coordinated and configured to fit the needs of a specific person in a particular context.

Platform. Platforms coordinate available resources into solutions. Platforms match suppliers and users. Platforms enable interaction and collaboration in the superstructure.