The World is grasping for an “Easy Pill” to solve global systemic problems. It doesn’t get any easier than The Innovation Bank.
Our core belief is that Engineers and Scientists can resolve the sustainability challenges that face civilization on Earth. But STEMs must be able to organize, prioritize, and execute the necessary solutions outside of the silos that currently contain them. They must also be compensated for their work. If Bitcoin can print money from nothing, then STEMS can print money from something.
Money must represent human productivity – this is the domain of STEM Professions
It is estimated that 80% of economic growth can be attributed to technological change. This is largely the domain of the STEM professions. However, STEM professionals are separated from each other by every manner of institution that has little to do with the Natural Laws. Rather, STEMs are classified as “intangibles” on the global balance sheet. The Ingenesist Project converts these intangible assets into tangibles assets suitable for the storage, trade, and exchange of value. Instead of extracting this value from the person or the planet, we leave it where it is.
The purpose of a network is to find each other.
The Ingenesist Project celebrates over a decade of online presence representing more than 2 decades of research and the collaboration by more than 120 researchers, engineers, and scientists from some of the most important corporations and institutions in the world. Our goal is to unify global engineering and scientific communities.
The Simple Flaw:
The invention of the wheel, wedge, and lever came long before the invention of international trade agreements.
Technological change must always precede economic growth. We are going about the business of civilization as if economic growth somehow precedes technological change – we’ve gotten it backwards.TIP
Fortunately, this may be a simple thing to correct. The Ingenesist Project has introduces a simple “Correction Factor” that can reverse the flaw. There is no need to dismantle or replace much of what already works well.
The simple flaw must be corrected. A great deal of global systemic risk is emerging at the root of the World’s most pressing needs. The Innovation Bank uses blockchain technology, game theory, and actuarial math to measure the true economic contribution of engineers and scientists to the economy. The result is an asset class that is better suited to addressing global technological challenges.