15. 15
Decoupling Operation, Control & Profit
Driver Passenger
open source,
developed by
contributors
controlled & profited by
voting token holders
Autonomous
Transportation
Protocol
16. 16
And soon not even drivers …
Autonomous
Transportation
Protocol
Autonomous Car Passenger
open source,
developed by
contributors
controlled & profited by
voting token holders
17. 17
Letting go of the control is the hardest but crucial bit
to reimagine new business model
19. 19
Yet Financial Access & Innovation remain
prohibitively expensive
We have 3 billion people connected online and
$4 smartphone available.
20. 20
Half of the world unbanked
2.5 billion with no access to savings,
interest, remittance, loan or investment.
And the remaining half …
vastly overpay for access or permission
to innovate
Latin America:
65%
2000 2005 2011
$5,000$500,000
$5,000,000
despite general technology cost dropped 100x
since 2000 …
East Asia &
Southeast Asia
59%
Central Asia &
Eastern Europe
49%
Middle East
67%
Sub-Saharan Africa
80%
High
borrowing
interest
Expensive
Banking
relationship
Outdated
Bank API
…
Cost of a technology startup
21. 21
Why can’t finance be a public infrastructure,
just like transportation or water?
22. 22
A parallel autonomous financial system
Decentralized
applications /
smart contracts
Ethereum
world
computer
autonomous
finance protocol
developed by string,
partners and contributors
controlled by
community
23. 23
TRADTIONAL FINANCE
D-BT
D-AAPL
LONDON:
BT
NASDAQ:
Apple
AUTONOMOUS FINANCE
D-EURO
D-GOLD
Synthetic asset tokens
Tokens whose values reliably “mirror”
those assets around world
Global financial programming layer
Enable low cost creation consumer finance,
business and risk management d-apps
Build
consumer
finance Dapp
Lock the price
of fertilizer
Create a
trading bot
Financial
programming
the easy way..
27. 27
A Freedom 251 smartphone, priced at 251 rupees (less than $4)
3
New form of organizations and funding
paradigm
Crypto bonds DAO BondsDAO Equity
28. 28
Venture capital highly centralized and not
much IPOs for the public
source: a16z
Under US Securities Act, startups can only solicit and take investments from
accredited investors ($1m+ net worth).
That excludes 97% of Americans from startup investing.