February 2024

Summary:

February 13, 2024

The bookkeeping and accounts of Open Treasury are now accessible to eligible users through the Open Treasury website, in compliance with the Open Access Charter. Eligible members include those appointed on any Fiscal Host's Steward Groups, the Fiscal Host's Board, independent auditors appointed by any Fiscal Host, and public agencies for warrant/order/case review related to the network. Additionally, each Fiscal Host must adhere to global statutes governing commerce activities with OC AI to ensure compliance with Open Treasury protocols. The system is deployed with jurisdiction-specific fiscal localization as detailed by the Muellners Foundation. Integration with other OC subnets can be achieved using the Open Access Charter, allowing autonomous registration of transactions and value transfers without human intervention.

February 14, 2024

The convention discusses implementing a peer-to-peer node mechanism in accounting within Open Treasury, emphasizing the need for practical demonstrations and user-friendly solutions. It highlights limitations of existing software like Odoo and proposes a simpler, decentralized approach to accounting through a peer-to-peer node mechanism. Additionally, it explores the potential use of token frameworks for intra-community value exchange policies and provides an example of an Open Treasury policy. The conclusion suggests deploying these policies through the proposed mechanisms to offer more flexibility and compliance with local accounting legislations within fiscal hosts on the network.