Applying Internet Engineering Task Force's (@ietf) idea to financing Internet infrastructure in rural areas - a thread.
There is no shortage of capital in the world, but there is a shortage of bankable contracts.
I spent the last 3 years designing a bankable contract that can make fiber deployments feasible in rural areas. This was achieved through an "old school" process of travel, meeting domain experts and documentation of feedback.
medium.com/netequity-netw…
Working Groups at the IETF use a concept of "rough consensus" to propose new ideas to be implemented. This process of creating standards has helped the Internet grow at an incredible speed. en.wikipedia.org/wiki/Rough_con….
While the Layers 2 and above (OSI Reference) seem to be working quite well, the physical layer (Layer 1) seems constrained by financing.
I believe there is an opportunity for Accounting, Finance and Law professionals to band together and establish "rough consensus" on what type of contract will be bankable in a given locality. Call it, locally relevant bankable contracts. blogs.worldbank.org/ppps/preparing…
I tried figuring out how to submit this idea to IETF, but their website was quite cumbersome so I'm using Twitter and for now have made a group in Linkedin. Please join if this is of interest to you. Thank you.
linkedin.com/groups/1390742…
To understand the relationship between people, services, infrastructure and capital. Please refer to this image I call the NetEquity Stack.
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.