Finer Measurement, Growth, Vertical Integration, and Fintechs Peter - - PowerPoint PPT Presentation
Finer Measurement, Growth, Vertical Integration, and Fintechs Peter - - PowerPoint PPT Presentation
Finer Measurement, Growth, Vertical Integration, and Fintechs Peter E. Gunther Global Economic Analysis : Nigeria-Canada Investment Summit Abuja November, 2018 Fintechs Financial Technology Companies Global accelerators of economic
Fintechs – Financial Technology Companies
- Global accelerators of economic growth
- Vertical integrators, and
- Improved efficiencies and timing in financial
market
Fundamental Premises
Throughout the industrial/services revolution, increasingly finer measurement has facilitated technology-based economic growth & vertical integration Fintech market functions are historical extensions of supply- chain financing (SCF) complemented by:
- Novel products
- Advanced connexity slashes transmission & storage costs
- Enhanced analysis and productivity growth
Evolution of SCF Instruments
Initially grow out of vertically integrated staples Historically, SCF shared board members and banks Accelerated to extended supply chain ties of IP development and services in:
- Communications
- Financial
- Computer
- Management and
- Recruitment
With same bank or without much bank participation, SCF innovators share IP Spurred by connexity among an increasingly better educated global population
Freedom to establish SCF is a necessary but insufficient condition to ensure their presence to boost development
Bio-Medical Applications
- Double helix
- Mapping of human & other genomes
- Genetically tailored medical practices
- Slowing or Redressing neurological deterioration
Results in “Big Data” storage, analytical and transmission needs. E.g. a single image of a brain requires 1 gigawatt of storage per patient so a sample of 100 patients monthly over a year is 1.2 megawatts of storage before even starting to analyze data
SCF participation in clouds is unknown albeit foundations financed by them are active in improving health using modern medical approaches globally.