Idea - Financial intermediation technology will change our economy
Financial intermediation technology will change our economy
Originated by Dan Ariely
Behavioral economist, MIT Media Lab contributor and best-selling author Dan Ariely says that Web technologies like remote cameras can enable individuals to bypass traditional financial systems and engage directly in transactions like mortgages and business loans. Assuming we can created a mechanism to establish trust and legal guarantees he sees the potential for the rapid emergence of a new type of economy.
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