Smart Commons

Public investment in common infrastructure results in private profit through land value uplift – a problem which underpins our current model of urban development, fuelling land speculation and creating unequal and unsustainable neighbourhoods. We need to redesign our land economy in a way that starts by recognising public goods create private wealth.

In collaboration with EIT Climate-KIC and Center for Spatial Technologies, Dark Matter Labs are developing a platform that brings together smart contracts, property value data and distributed ledgers to more fairly distribute this public value, by creating a mechanism to invest in building more sustainable communities.