The subject line of this blog entry is the title of an article describing the commercial services of Joyent Manta Storage Service.
What is this. A revolutionary surprise service introducing a new paradigm? Cloud is nothing new and I would guess that doing computing on what is in the cloud is nothing new. Why download what is stored in the cloud to compute on your own hardware? The greatest thing since spreadsheet or just near the end of the spreadsheet development evolution where all data, now called big data is on one big store called the cloud and applications in the cloud process it to slice and dice in unlimited ways to structure it for unlimited information purposes.
Nothing new here? In Australia they would call it mutton dressed as lamb. More charitably called marketing hype built on the word "new". What is new as I see it is reaching and recognizing an end point of data aggregation and consolidation in the cloud. All data in one place. The NSA wet dream nirvana. Any and all apps in the cloud run against it to produce information. Information analyzed to produce knowledge.
The subject line focuses on the verb "Analytics" and in the article calls the new relationships "the holy trinity of compute, network and data unified into a single offering." That got my attention. Certainly it is. It is presented from the primary standpoint of the verb "Analytics" what it does or provides the capability to do on a grand scale but what is the most important in the Trinity relationship is the Subject the Analytics works on and what follows is the resulting Object which is data structure in some fashion that is useful information.
The big idea that strikes me here is that all data is in one place. Big Data. It does not move except to the extent it just sits there and grows. It never goes anywhere. Never needs to or by design wants to. It is locked in the cloud. Never really changes over time, merely is structured by relationship to its data element time which determines history.
This Big Data in the cloud is examined to do something with it external to the cloud. At some point what is processed within the cloud and comes to earth as rain, a structured wet thing resource output. Raw stuff data that produced it remains forever in the cloud. That is the Trinity.
That Trinity model is exactly the Trinity that I propose as the Monetary System Trinity.
All money is in the cloud. It never leaves the cloud. Money in the digital object form has granular element attributes of unit value of one each and a uniquely serialized identification. Money in either an aggregate of all money or a unique instance of the aggregate as a raw data cloud object never moves. It is networked in the cloud to who owns it. Owners are granular level data objects with attributes of unique account identifiers that always know how many unique units of money they directly relate to in aggregates of money as well as all unique instances in that aggregate.
Money never leaves the cloud. Information about money as a product of cloud processing that associates Money to Owner does leave the cloud to do something as it falls to earth as Transaction.
The Trinity Structure relationship of the Monetary System in the cloud is therefore: Money/Transaction Process/Structured Information. (Subject noun, Verb, Object noun) or expressed as the fundamental ruling relational concept of all things (where the implementing verb between the two nouns while being an action is really at the most fundamental level also a thing) = (Logic, Language, Structure)
Structure is where stuff in the cloud comes down to earth to do something.
What it does is Economics or the product of decision making to decide what to do with money as the universal tool of resource allocation decisions.
Money is a Big Data thing.
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