 REA is now recognised by The Open Group (OG) within the TOGAF® standard (an industry standard enterprise framework), as one of the modelling tools which is useful for modelling business processes.Sensorica, the world's first open value network OVN specialized in open innovation and peer production of hardware, uses the REA model as a basis for its network resource planning and contribution/value accounting system (NRP-VAS).The NRP-VAS was created by Bob Haugen and Lynn Foster in collaboration with the SENSORICA OVN.