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	<title>Really Engaging Accounting &#187; xbrl</title>
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		<title>Glasshouse injects 3D representation of data into a virtual world</title>
		<link>http://www.mydebitcredit.com/2009/03/15/glasshouse-injects-3d-representation-of-data-into-a-virtual-world/</link>
		<comments>http://www.mydebitcredit.com/2009/03/15/glasshouse-injects-3d-representation-of-data-into-a-virtual-world/#comments</comments>
		<pubDate>Sun, 15 Mar 2009 15:01:51 +0000</pubDate>
		<dc:creator>shornik</dc:creator>
				<category><![CDATA[accounting]]></category>
		<category><![CDATA[second life]]></category>
		<category><![CDATA[xbrl]]></category>

		<guid isPermaLink="false">http://www.mydebitcredit.com/2009/03/15/glasshouse-injects-3d-representation-of-data-into-a-virtual-world/</guid>
		<description><![CDATA[Cybertech News ran a post reporting on the company GreenPhosphour which is working on bringing 3D data into virtual worlds.  They are currently using the tool for drug discovery and development. &#8220;Green Phosphor’s product is called Glasshouse, and it is a gateway which can take a database query or a spreadsheet and place a 3D representation [...]]]></description>
			<content:encoded><![CDATA[<p>Cybertech News ran a post reporting on the company <a href="javascript:void(0);/*1237128967076*/">GreenPhosphour</a> which is working on bringing 3D data into virtual worlds.  They are currently using the tool for drug discovery and development.</p>
<blockquote><p>&#8220;Green Phosphor’s product is called <strong>Glasshouse</strong>, and it is a gateway which can take a database query or a spreadsheet and place a 3D representation of it into a virtual world. Users can see data, and drill into it; re-sort it; explore it interactively &#8211; all from within a virtual world.&#8221;</p></blockquote>
<p>But as reported in the post the capabilities of data visualization are many:</p>
<blockquote><p>&#8220;First off I believe that visualization of money in/money out could have turned authorities on to the fishy accounting <strong>Enron</strong> was up to, and caught them earlier. Perhaps better visualization would have revealed <strong>Madoff</strong>’s ponzi scheme as well. It’s a matter of seeing the big picture; money must come from somewhere and be tied to intrinsic value at some point. My third example is similar, but rather than money in/money out it is about energy in/energy out. I believe proper visualization of the process for producing ethanol fuel, including energy cost of fertilizer, would reveal the uselessness of subsidizing cornbased ethanol as an alternative to fossil fuels.&#8221;</p></blockquote>
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<p>Now imagine being able to walk through, and interact with financial reporting data, via XBRL brought into virtual worlds like Second Life &#8211; the possibilities seem endless. <a href="http://www.greenphosphor.com/?location=Beta" target="_blank">Glasshouse is now in public beta</a>, I plan on trying it out soon and will certainly report back with visuals of XBRL data when that happens.</p>
<p><a href="http://www.cybertechnews.org/?p=1168"><br />
</a></p>
<p><a href="http://www.cybertechnews.org/?p=1168">http://www.cybertechnews.org/?p=1168</a></p>
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