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The role of software and online
services in Time Banking
Turning gratitude to an asset in
community building 




Iikka Lovio
Iikka.lovio@gmail.com 
16.6.2011HIIT
Master’s thesis
HOAS Time Bank
SOFTWARES
         CES


                                Community

                                Weaver






                Time
online


CES             
www.ces.org.za
• South African non-profit
company
• Designed for local exchange
schemes, where currency usually
reflects the national currency
• International network
• Fastest increasing groups are
Finnish Time Banks
• Free for users
lick and
On ec
    ar  ei n! 
you
Thesis: members were seeking
geographically tight network. Software:
first page encourages to global reciprocity.
Time Online
                              • Designed for time
                              banks
Community weaver
             • Only broker has
• Designed for time banks 
   access to software 
• Time Banks US is using
     • Time Banking UK is
                              using
Stadin Aikapankki online
STUDY PERIOD: 3/2010 – 3/2011
    • Ethnography
                     November 2010
    • Two international professional   Active user
    interviews
                        interviews
    • Transaction data analysis 




                      May 2010 
                      Stadin
                      Aikapankki
November 2010: over 600
exchange offers and growing membership

800
700
600
500
400
300
200
100
  0
November 2010: 20 % of members
 had done at least one exchange. 


                                                       Have
done
two
way

                                                       exchanges


                                                       Have
done
one

                                                       exchange


                                                       Passive






0,00
%
 20,00
%
 40,00
%
 60,00
%
 80,00
%
100,00
%

November 2010: 20 % of members
 had done at least one exchange. 

                      WHO
                      &
                      WHY?
                                                       Have
done
two
way

                                                       exchanges


                                                       Have
done
one

                                                       exchange


                                                       Passive






0,00
%
 20,00
%
 40,00
%
 60,00
%
 80,00
%
100,00
%

The age of support
membership?
re m ade
                   anges we    time
              exch        here
  ost o f the   urho od w shed
M
      e nei ghbo lly establi
in th as origina
 ba nk w
    15 active members 
    did over 55 % of all exchanges
    in the first year
Hypothesis down: open access to
personal user information is the main
key to trust building?
Hypothesis down: open access to
personal user information is the main
key to trust building?
Active members were not
interested in account balances of
other users.
nd
                                     nt balances a
               er memb   ers accou         w how to
  nowing ot
             h                         kno
K                         t rust. You
         bui lds certain           n ot burglar
                                                s.
address            tha t they are                 makes
rea ch them a
                nd
                              ion   is, what
          t quest
 I mportan sting?
 them  intere




                                                 HOAS Time Bank
In the economy of regard it is the person
that interests us, not the product or
service. – David Halpern 2010
In the economy of regard it is the person
that interests us, not the product or
service. – David Halpern 2010 

  ”Her fiancé was a
  drummer. Just like
  mine.” (STAP
  member)
"Friends make gifts, gifts make
friends” -Sahlins
 ”I get these service       ”The best thing is that you
 requests and offers        meet new people, people
 mostly from the people I   you wouldn’t otherwise
 already know.” (STAP       interact with.” (STAP
 member) 
                  member)
g.
                                               e beginnin
                                   m inus in th ith
               are afra id to go                 w
                                        xchange r friends
             s                        e
  1. Member        e more  likely to       w ho thei
  2. Me mbers ar              it h people
                 kn ow, or w
   peo ple they            .
                c ted with
   ha ve intera




                                   Photo: Time Bank workshop in Vantaa 




Solution: define club meetings as an important work for the
time bank and reward attending with time credits.
Time Dollars & Gratitude 
Time dollars oils generalized reciprocity



    ”We got rid of this negative             ”If we had done it with out
    side of reciprocity – do I               time bank I would have
    owe you or do you owe                    been worrying for many
    me.” (STAP member) 
                     weeks if should do some
                                             favour in return. And for the
                                             worst, that feeling would
                                             only keep growing in
                                             time.” (STAP member)
Software is secondary, but important matter in time
banking. Software is only a tool. Working with proper
tools is efficient and more fun.
Software is secondary, but important matter in time
banking. Software is only a tool. Working with proper
tools is efficient and more fun. 




 HOAS Time Bank online
Software is secondary, but important matter in time
banking. Software is only a tool. Working with proper
tools is efficient and more fun. 




 HOAS Time Bank
 software
Software is secondary, but important matter in time
banking. Software is only a tool. Working with proper
tools is efficient and more fun. 




 HOAS Time Bank offline
 Before there were any software or facebook group, there was 10
 bottles of wine and 20 students
Software is secondary, but important matter in time
banking. Software is only a tool. Working with proper
tools is efficient and more fun. 




You can deliver housing. It takes a family to make
it a home.

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The role of software and online services in Time Banking by Iikka Lovio

  • 1. The role of software and online services in Time Banking Turning gratitude to an asset in community building Iikka Lovio Iikka.lovio@gmail.com 16.6.2011HIIT
  • 4. SOFTWARES CES Community
 Weaver

 Time
online


  • 5. CES www.ces.org.za • South African non-profit company • Designed for local exchange schemes, where currency usually reflects the national currency • International network • Fastest increasing groups are Finnish Time Banks • Free for users
  • 6. lick and On ec ar ei n! you
  • 7. Thesis: members were seeking geographically tight network. Software: first page encourages to global reciprocity.
  • 8. Time Online • Designed for time banks Community weaver • Only broker has • Designed for time banks access to software • Time Banks US is using • Time Banking UK is using
  • 10. STUDY PERIOD: 3/2010 – 3/2011 • Ethnography November 2010 • Two international professional Active user interviews interviews • Transaction data analysis May 2010 Stadin Aikapankki
  • 11. November 2010: over 600 exchange offers and growing membership 800 700 600 500 400 300 200 100 0
  • 12. November 2010: 20 % of members had done at least one exchange. Have
done
two
way
 exchanges

 Have
done
one
 exchange

 Passive

 0,00
%
 20,00
%
 40,00
%
 60,00
%
 80,00
%
100,00
%

  • 13. November 2010: 20 % of members had done at least one exchange. WHO & WHY? Have
done
two
way
 exchanges

 Have
done
one
 exchange

 Passive

 0,00
%
 20,00
%
 40,00
%
 60,00
%
 80,00
%
100,00
%

  • 14. The age of support membership?
  • 15. re m ade anges we time exch here ost o f the urho od w shed M e nei ghbo lly establi in th as origina ba nk w 15 active members did over 55 % of all exchanges in the first year
  • 16. Hypothesis down: open access to personal user information is the main key to trust building?
  • 17. Hypothesis down: open access to personal user information is the main key to trust building?
  • 18. Active members were not interested in account balances of other users.
  • 19. nd nt balances a er memb ers accou w how to nowing ot h kno K t rust. You bui lds certain n ot burglar s. address tha t they are makes rea ch them a nd ion is, what t quest I mportan sting? them intere HOAS Time Bank
  • 20. In the economy of regard it is the person that interests us, not the product or service. – David Halpern 2010
  • 21. In the economy of regard it is the person that interests us, not the product or service. – David Halpern 2010 ”Her fiancé was a drummer. Just like mine.” (STAP member)
  • 22. "Friends make gifts, gifts make friends” -Sahlins ”I get these service ”The best thing is that you requests and offers meet new people, people mostly from the people I you wouldn’t otherwise already know.” (STAP interact with.” (STAP member) member)
  • 23. g. e beginnin m inus in th ith are afra id to go w xchange r friends s e 1. Member e more likely to w ho thei 2. Me mbers ar it h people kn ow, or w peo ple they . c ted with ha ve intera Photo: Time Bank workshop in Vantaa Solution: define club meetings as an important work for the time bank and reward attending with time credits.
  • 24. Time Dollars & Gratitude Time dollars oils generalized reciprocity ”We got rid of this negative ”If we had done it with out side of reciprocity – do I time bank I would have owe you or do you owe been worrying for many me.” (STAP member) weeks if should do some favour in return. And for the worst, that feeling would only keep growing in time.” (STAP member)
  • 25. Software is secondary, but important matter in time banking. Software is only a tool. Working with proper tools is efficient and more fun.
  • 26. Software is secondary, but important matter in time banking. Software is only a tool. Working with proper tools is efficient and more fun. HOAS Time Bank online
  • 27. Software is secondary, but important matter in time banking. Software is only a tool. Working with proper tools is efficient and more fun. HOAS Time Bank software
  • 28. Software is secondary, but important matter in time banking. Software is only a tool. Working with proper tools is efficient and more fun. HOAS Time Bank offline Before there were any software or facebook group, there was 10 bottles of wine and 20 students
  • 29. Software is secondary, but important matter in time banking. Software is only a tool. Working with proper tools is efficient and more fun. You can deliver housing. It takes a family to make it a home.