The FinTech Promise
June 23, 2016
Serving the unbanked or underbanked at the bottom and middle of the economic pyramid is now not only technologically feasible but also economically viable and critical through FinTech.
David LEE Kuo Chuen, “The FinTech Promise”
After the 2008 financial crisis, global economy has been sluggish and growth has not returned to the pre-crisis level. Policy response has been to restore stability rather than to reform. By increasing market liquidity via successive quantitative easing, the intention was to increase bank lending to productive enterprises, followed by an increase in output, income and employment. Instead, excessive liquidity has encouraged speculative activities, leading to bubbles in tradable asset classes, and distorting the allocation of resources. The results were low productivity growth and greater income inequality, with increased wealth at the top of the wealth pyramid and lower income at the bottom half. A larger proportion of the population is worse off with lower overall consumption for the economy.
The full article can be accessed [here].
9 月 24 日，在由万向区块链实验室主办的第八届区块链全球峰会——积“土”成山隐私计算与数据治理主题论坛上，新加坡新跃社科大学教授李国权在主题演讲时表示，区块链能够帮助公司提供更准确、更可靠和易于获得标准化的碳排放数据。同时，通过智能合约可以更好地计算、跟踪、报告整个价值链中碳足迹的减少情况。区块链去中心化的账本机制，可实现高效交易，优化工作流程，简化多方流程，提高问责制的同时最大限度地减少纠纷，并通过 Tokenization 开辟新市场。对于碳市场，区块链可以通过分解大宗碳信用金融工具而彻底改变行业，使个人能够通过目前封闭的强制性市场参与到无碳的未来。全世界数百万人渴望创造一个对生态负责的未来，而区块链可以让每个人都参与到碳中和未来的目标。
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