Why We Developed TAGDit

The democratic process is one of the strongest held paradigms in Canada. Changing and improving this structure more than modestly, has a high likelihood of failure in light of this “branding”.

TRANSPARENCY

The only way our team believes that there will be any political consideration given to the adjustment of the democratic process, is to prove the validity of the modified organization structure in a closed system experimental test. TAGDit is envisioned to be this: a test case for an enhanced democracy.

The concept for a team internet search engine has its origins in concerns about lack of transparency in the way contracts are awarded at Canadian Crown Corporations. This led us to wonder if there was a better, more transparent way to operate an organization, one that tapped into the collective intelligence of the members enableing this to contribute to decisions. That’s when we came across Proxy Voting: the ability for one person to transfer their vote to another trusted person. In pursuing the idea of proxy voting to create more transparency in how tax dollars are spent, we evolved TAGDit, a team internet search engine.

“ …untendered, closed-door deals arranged by the Canadian government for any company can’t help but create the very environment in which bribery, corruption, and conspiracy to defraud taxpayers and ratepayers thrives.”

Patricia Adams, Executive Director of Probe International

“CCC does not publicly disclose the results of its due diligence processes.”

Canadian Commercial Corporation, A Canadian Crown Corporation, in response to Patricia Adams, Executive Director of Probe International

“A third of a trillion dollars. That, is the estimate of the value of assets under the stewardship of Canada’s federal and provincial Crown agencies.”

Ken Stewart, member of Canadian Comprehensive Auditing Foundation, Accountability and Audit Program Advisory Group

Since 1975, global market value has undergone a seismic shift from Quantitative to Qualitative assets

Source: Ocean Tomo, LLC, 2015

THE VALUE OF INTANGIBLES

The economic value of intangibles in the US economy was recently estimated to be between $800 billion and $1 trillion. The Canadian and American federal governments recognise intangibles such as brand, computerised information, intellectual property and economic competencies as non-financial assets.

While being recognized as important parts of the economy, due to their qualitative nature, intangibles are notoriously difficult to quantify. TAGDit however enables one to do this by harvesting & harnessing a company’s intangible knowledge in a shareable database that holds the organisations bank of intelligence.

Research shows that a good reputation is worth real money – in fact, some studies indicate that a good reputation could replace a line of credit at the bank. Like few other CEOs, Warren Buffett understands this and he has stated repeatedly that he will happily pay a premium for reputation.