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Can you effectively de-risk innovation? Delegates at the recent Opalesque Innovation Roundtable suggest that it is possible for academics, institutions, and regulators to come together and create a framework that allows new growth and governance.
Delegates noted that there is more opportunity than ever before to create new business models and use nascent technologies like smart contracts or blockchain to build trust and enable commerce, but doing that will require people to think outside of the box.
"Right now it's very difficult to have this discussion - it's almost like having the discussion in a vacuum - because the things that we need simply do not exist. They have to be built around the philosophy of what comes next," said Rik Willard, Founder & Managing Director of Agentic. "We have to actually rethink what we have been doing and what needs to happen moving forward."
University College of London is working on a framework to de-risk innovation and hopefully, generate buy-in from institutions and regulators. Delegate Denis de Montigny, Founder and CEO of FinSpark and research fellow at UCL is managing a student-led effort to research and develop new ways of using technology. In the program, students formulate ideas, do the initial research, and subsequent research classes carry the ideas forward. They are managed as though they are in a startup, but without the pressure of trying to reach profitability right way. If the research ultimately leads to ...................... To view our full article Click here
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