Transparency is the new regulation. A free market is best served by the open flow of information available to all as opposed to burdening the market with government regulations. Wired recently
published an article bringing this into sharp focus with
XBRL for the Financial Services Industry. Open source software and
cloud computing are lowering the barrier of entries for companies and individuals. Who may now quickly create solutions that would have been prohibitively expensive previously.
Dave Troy presented his experience launching the
Twitter Vote Report at
eComm last week, a solution for tracking voter experiences for the November 2008 Presidential elections. Twitter Vote Report is a great example of activism translating into action. From inception to execution the project took weeks and performed brilliantly. The presentation may be seen
here.
Adhearsion played its part in the project providing the backend for the call-in reporting integrated to the
Rails application. This effort highlights the ability to develop voice enabled
Long Tail applications that leverage voice on the web in new ways. I hope to see more such projects where Adhearsion adds a new dimension to further the cause of transparency in government and the markets.
The source code behind Twitter Vote Report is available on Github
here.