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CommonWellth
CommonWellth is a groundbreaking FinTech platform that empowers local communities by transforming resources into monetary assets, driving fiscal responsibility, and creating transparent, data-driven value through innovative governance and investment in natural and human capital.
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Viability Lab's CommonWellth will be a Financial Technology (FinTech) launch that provides transformational funding and digital platform for local governance and finance; utilizing transparent new social organizational systems which leverage existing community resources and institutions; while enabling the monetization of highly-valued community assets to return true fiscal responsibility and consensus decision-making to local communities, with validated transparent data results driving new value creation.
CommonWellth is the supercharged new evolution of Viability Labs' Payment for Ecosystem Services (PES) methodologies, SupplyChange and StakeHolder, designed to leverage and integrate the plethora of new valuation systems which account for Natural Capital and Human Capital valuations. Together, the attributes of ecological systems, resources, actors, governance systems and context condition social and social-ecological interactions, captured by CommonWellth.
CommonWellth Market Activations incentivize local actions and investments into locally valued Natural Capital and SocioEconomic Assets. An investment may shape desired environmental changes, yet also create intended and unintended social and economic outcomes. Resulting validated data on these impacts and outcomes is accumulated as Asset Value, which CommonWellth monetizes to incentivize and fund on-going Asset Reinvestment.