The Innovation BankTM is a novel business method that integrates and capitalizes knowledge assets. The Innovation Bank is an application of game theory, actuarial math and a simple native “proof-of-stake” blockchain. The system aims to unify the global engineering and scientific disciplines by incentivizing individual practitioners to form knowledge asset networks among each other by producing claims and validations related to observable and measurable events.
Revenue is generated through the liquidation of earned tokens on an external market to third parties seeking access to network metadata for business intelligence.
The resulting network is recorded to a distributed ledger that can be audited, but not corrupted. As the innovation Bank grows, more and more observations of the physical world will be vetted and linked in this “Truth Network”. The Innovation Bank will curate valuable business intelligence allowing society to prioritize, implement, and pay for sustainable infrastructure.
For more information please visit our new project page The Ingenesist Project