Saturday, January 3, 2015

A distributed inventory counter

Count anything.

It has a savings rate to store potential counts, and a lending rate to count current exchanges.  The two rates are automatically adjusted so that the flow in and out is a Weiner process up to a 12 sixth order polynomial. The counter fills and empties smart cards and distributed users can use the smart cards to record any set of related things.  For example, the Chicken Farmer Association can count chickens, game developers can use the counter for web games, use it among a group of stock market investors, bankers can use it to make accurate yield curves.  The counter can force savings rates above lending rates and accept a loss.

The distributed counter code can be imbedded in a web site, supporting multiple independent groups.  If things counted have a dollar value, then counting agents can exchange counts for dollars. Its free and easy.

Where is it?

I am not making it, but there are about a hundred mathematicians who can put this together, go find one or two.  Central banking is dead, Bitcoin is dead.  All of them replaced with the multifunctional counting web site.  Each group of users can establish their own encryption code. Unused counts can be deposited in the savings account, or users may borrow from the lending count.  Term lengths are adjusted by spectral allocation and the no-arbitrage position always matches implicit terms and rates.

If you are a start up and want the business, then you can find the appropriate mathematicians via search on the web.  Put their work on your blog or website.I will find your web site and make comments, sometimes helpful ones..

Its the next big thing, universal fiat counters all matching the no arbitrage position. If you are an investor, then go find the start up; you might even read a comment or two from me.

Or connect your distributed counter to an existing market, and set the coinage yourself.  Great for large banks dealing with public debt, or short sellers wanting the maximum Black-Scholes 'put' option.

Are you a search engine company? No problem, the system will count semantic connections and ensure minimum redundancy.
Billion Prices? Distributed counting replaces it.
Bitcoin? No need for miners, the no arb position is maintained.
Are you a Walmart? Great, the system optimizes inventory with minimum shortages and maximizes profits over products and stores.
Doing AI? No problem, the system can minimize redundant knowledge and maximize the Weiner order of knowledge allowing self advancing knowledge.

Its perfectly legal, Congress can even use it to collect taxes.

My work is free, done in honor of Oded Schramm, the great mathematician of our time.

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