Whitepaper

http://decibellive.weebly.com/whitepaper.htHO

Inspiration
​Imagine a world wherequiet existence is the norm. A world where your right to aquiet existence is virtually guaranteed by instant financial disincentives to those whose behaviour exceeds acceptable social parameters. These parameters vary by time of day, day of week or location and are self-regulating.

Financial disincentives are levied instantly by smart contracts to those who partake in behaviour ‘outside the norm’ and then automatically redistributed to impacted parties as payments for loss of quiet existencebased on a proximity algorithm.

Decibel.LIVE, a DAO (Decentralised Autonomous Organisation) using blockchain technology acts as a bridge between parties to develop and monitor systems and behaviour.  

Using the smart contract functionality of Ethereum, Decibel.LIVE will receive signals from geographically disperse noise monitoring equipment and interpret this data in real-time. and process financial transactions between interested parties. 

Example 1
A practical example of how the system could work is for the developer of an upmarket apartment complex that wants to provide prospective buyers with an assurance the apartment complex will provide aquiet existence.

The apartment developer builds the complex with sound monitors in each apartment. These sound monitors are internet of things (IOT) enabled and send continuous live decibel readings back to the blockchain. These sound readings are compared back to predetermined parameters, and if deemed excessive by the tolerance algorithm, the smart contract is activated which charges the apartment owners account. An equal and opposite amount (less a small royalty % paid to Decibel.LIVE) is then credited to the accounts of other apartment owners based on a sliding scale proximity algorithm. Thus, although thequiet existence of nearby apartment owners is negatively impacted by the actions of the offending apartment owner, they are compensated for their loss of quiet existencebased on the formula below:

                                         (Delta – R) x Proximity Factor (P)

​Payments are made in “dB’s” – a new ethereum digital currency (dB is the symbol for decibels). Each apartment owner is required to hold a minimum of x units of dB currency at any one time. If they have been levied with a fee they will be required to top up their account at the current ETH/dB rate.

Example 2
Acme Company wants to build a manufacturing plant near the edge of a major city. The local public authority (i.e. a Council) sets noise parameters in consultation with Acme Company and writes these parameters into a formal consent application. The  consent application refers to a Decibel.LIVE smart contract where these parameters are written into the contract code. Acme Company agrees to deposit a certain proportion of ether (or dB’s) which are held in escrow. The Council sets up remote noise monitoring equipment in accordance with the terms of the consent application.

The noise monitoring equipment sends data back to the blockchain every 15 minutes. This data is analysed by the smart contract and if found to be outside the tolerance for the time of day/week a financial penalty is imposed on the Acme Company and a proportion of funds held in escrow are automatically sent to the Council or direct to impacted nearby residents based on a proximity factor.    .

How it works

  1. Noise monitoring equipment is installed and/or mobile noise monitoring services are enabled (in the future this could involve drones or other autonomous vehicles that can be deployed to situations where there are noise complaints).
  2. Equipment is IoT (Internet of Things) enabled sending live continuous data to the ethereum platform. Data can be set to be sent to the blockchain at time intervals varying from every few seconds to minutes or even hours.
  3. Smart contracts on the ethereum platform interpret the data and if necessary instigate a charge to the offending party “offending party” to the contract and passes reimbursement payments to the other parties to the contract “impacted parties”.
  4. The currency being dB’s running on the ethereum platform are linked to ether (ETH/dB)

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Other Applications

  • Hotels wanting to provide guests with an assurance that they will have a peaceful stay “A quiet stay or they pay”
  • Councils/Local Authorities to provide real-time, continuous noise control on local businesses i.e. a nearby wind farm or manufacturing plant.
  • Event/Concert organizers required to enter into smart contracts that if/when noise levels exceed predetermined contract parameters, payment is parsed to local authorities and/or nearby residents.
  • Traffic agencies could use decibel monitoring linked to licence plate cameras to automatically detect and ticket noisy vehicles and provide compensation direct to neighboring households almost instantly as the vehicle drives past.
  • Law enforcement agencies could receive instantaneous alerts if extremely loud Db readings are detected (thus pinpointing potential problems i.e. earthquakes, gunshots or a bomb blast the instant it happens saving valuable seconds or minutes in response times).

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