2008 – 2012 had seen a stubborn recession, shattering personal wealth and global confidence in the largest banks. The Occupy Wall Street Protests in New York and London pressed for reforms to the banking system, by legislative, regulatory and judicial means. By March 2012, Silicon Valley had been pursuing its agenda of revolutionizing the banking […]
Much has been written about what led up to the 2008 Collapse of the global banking, funds management and insurance systems.
Too little – comparatively – has been proposed as new designs for
- safely creating money (banking),
- investing it meaningfully in the real economy (funds management) and
- mitigating against undesired outcomes (insurance).
Urban Logic has researched new designs and tools to leverage the digital age of finance to achieve sustainable outcomes.