tag:blogger.com,1999:blog-2726.post-5183541392284765482007-11-01T22:07:00.000-07:002007-11-01T22:07:00.000-07:002007-11-01T22:07:00.000-07:00I invented a design for automatic money, to make new business models feasible, including selling digital content at low prices. The key innovation is letting online financial accounts <B>reproduce</B> (creating children accounts, grandchildren, and family trees), and <B>inherit</B> services and other options that successive owners can change -- allowing accounts to <B>evolve</B> through grassroots, practical use. Accounts can be born as packages of financial and other services, including automatic transactions that happen with no human attention.<BR/><BR/>For example, smart URLs (accounts) will allow anyone to sponsor online content, by purchasing prepaid downloads in bulk. Sponsors can add their own recognition, advertising, political, or other messages, and target these messages through social networks instead of through search. End users will just click to download free -- instantly paying the artists. The URLs will sell sponsorships in each user's choice among many different languages. And they can propagate indefinitely in social networks, accumulating paid sponsorships as long as they can find public interest.<BR/><BR/>I published details of this design rights-free for open-source or commercial development, at www.smart-accounts.org -- and would appreciate any thoughts or suggestions on the project.John S Jameshttp://www.blogger.com/profile/00687027750541840902noreply@blogger.com