We made history last week as many FinTech & InsurTech & BigData events came together to create the Future Tech Congress, in Warsaw. I was honored to be the 1st Keynote and to elaborate on the personal data asset class, followed by a panel on investment trends. I can say this for sure, the 2nd Keynote and the Deputy Prime Minister of Poland and I agree wholly on at least one thing.
We truly believe that smaller more agile economies and their affiliate institutions (banks) have a unique opportunity to take quick advantage of the Digital Revolution in a way that the couldn't during the Industrial and Agricultural Revolutions.
Their ability to transform organizations that use FinTech (financial technology), InsurTech (insurance technology), and RegTech (regulation technology) to become facilitators of trust will radically spur their ability to harness the new value in economies. That value is unlocked by three kinds of data transactions that I like to call i2i (individual to institution :: institution to institutions :: individual to individual).Companies and governments looking to facilitate the needed trust that is required for more transactions of personal data economy will be the leaders of all future tech.