Massachusetts Institute of Technology
Sign in | Create Account

The Emergence of a Digital Money Ecosystem - Irving Wladawsky-Berger, PhD Visiting Lecturer, MIT Engineering Systems Division and MIT Sloan School of Management

About the Presentation

We are in the early stages of a very important transformation—the transition to a digital money ecosystem. This transformation is likely to be among the most exciting, important, and challenging initiatives the world will undertake in the coming decades.

The transformation involves more than the transformation of money (cash, checks, credit and debit cards, etc.) from physical to digital objects that we will carry in our smart mobile devices. It encompasses the whole money ecosystem, including the global payment infrastructures, the management of personal identities and personal financial data, the global financial flows among institutions and between institutions and individuals, the government regulatory regimes, and more.

This webinar will present an overview of this digital money transformation and the technical and societal forces that are driving it. We will also discuss some of the potential major consequences to business, the economy, and society in general.

For more information on this topic, please see Dr. Wladawsky-Berger's blog entry.

About the Speaker

Dr. Irving Wladawsky-Berger worked at IBM for 37 years, where his primary focus was on innovation and technical strategy. He then joined Citi as Strategic Advisor working on innovation and technology initiatives including the transition to mobile digital money and payments. He is Visiting Lecturer at MIT’s Sloan School of Management and Engineering Systems Division, Adjunct Professor in the Innovation and Entrepreneurship Group at the Imperial College Business School, and Senior Fellow at the Levin Institute of the State University of New York.

About the Series

The MIT System Design and Management Program Systems Thinking Webinar Series features research conducted by SDM faculty, alumni, students, and industry partners. The series is designed to disseminate information on how to employ systems thinking to address engineering, management, and socio-political components of complex challenges.

Comments (0)

It looks like no one has posted a comment yet. You can be the first!

You need to log in, in order to post comments. If you don’t have an account yet, sign up now!

MIT SDM Systems Thinking Webinar Series

MIT SDM Systems Thinking Webinar Series

Category: Education | Updated 5 days ago

Created
May 07, 2012 14:23
Category
License
All Rights Reserved (What is this?)
Additional Files


Viewed
2766 times

More from MIT SDM Systems Thinking Webinar Series

A Systems View of Enabling Enterprise Change — Mark Moran, SDM '09 Manager of Portfolio Management and Marketing Operations, Enterprise Advanced Marketing Group, John Deere

A Systems View of Enabling Enterpri...

Added over 2 years ago | 01:00:00 | 5095 views

Hacking Medicine and the Rx It Offers for Innovation in All Industries

Hacking Medicine and the Rx It Offe...

Added 1 month ago | 01:00:05 | 215 views

System Architecture for Corporate Innovation: How to Run a Successful Initiative and Deliver Tangible Results

System Architecture for Corporate I...

Added 14 days ago | 00:50:56 | 1117 views

Lean Thinking in an Academic Medical Center — The Beat Goes On - Dr. John E. Billi, Professor of Internal Medicine and Medical Education, University of Michigan Medical School and Associate Vice President, Medical Affairs, University of Michigan

Lean Thinking in an Academic Medica...

Added over 1 year ago | 01:05:42 | 991 views

Using System Dynamics to Support Startups, Stimulate the Economy, and Create More Jobs

Using System Dynamics to Support St...

Added 8 months ago | 00:57:59 | 1859 views

Transforming the Industrial State: The Ultimate Complex System Challenge — Nicholas A. Ashford, PhD, JD Professor of Technology and Policy, MIT Director, MIT Technology and Law Program

Transforming the Industrial State: ...

Added almost 3 years ago | 01:00:00 | 6185 views