Vinay is well known in the blockchain space, having coordinated Ethereum’s 2015 release as a project manager on strategy and communications, as the strategic architect of Consensys, and the designer of Dubai’s National Blockchain strategy.  He is also Blockchain Fellow for Digital Catapult, a UK government funded initiative to increase the amount of innovation in the country.

In this particular talk, he has a slide that asks, “What if we let people who know about things invest in those things?.”  The context is in reimagining investor accreditation to permit people knowledgeable in a certain field (synthetic biology, AI, VR/AR) to invest in those projects.

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“How do you build the necessary legal, commercial, technical infrastructure to use the blockchain to finance extremely risky, very large scale infrastructure engineering projects, which the world desperately needs, because that’s how you solve your global transportation system, its how you decarbonize the economy, it’s how you expand into space.” — Vinay Gupta

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Our work at rLoop is answering a similar and complimentary question, what if we let people who know about things work on those things? Our experience has shown there are individuals with specialised knowledge who want to partake in the development of innovative technologies.  For a large number of such similarly minded individuals, the opportunity to participate does not exist (currently).  Opportunities for such projects are increasingly geographically localised (think Waterloo in Canada, or Silicon Valley in the United States). People need to finance their life and support their families, forcing them to take uninspiring work that doesn’t take full advantage of their skills or passion, and the private sector clings to antiquated notions of personal motivation, squandering the potential of the individual and the organisation.

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But there is a better way.  More and better tools to facilitate global collaboration are coming online every day.  At rLoop, we were able to mobilise a large and globally distributed community of passionate individuals around reimagining transportation with the Hyperloop.  Over a two year period we were able to create award winning designs as a virtual and decentralised team and then manifest physically to produce functioning and award winning hardware.  By employing cutting edge technology and manufacturing techniques, we now have two iterations of an advanced and complex Hyperloop prototype pod that we’re aware of, only two such prototypes exist in the world.

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Today we’re solidifying the process and organisation to create a decentralised network to facilitate the collaboration and coordination of passionate and interested individuals in developing innovative engineering projects.  By leveraging blockchain and distributed ledger technology, we can create a system that is inclusive, globally distributed and driven by the community.  We can tap into this global talent and resource pool, offering individuals an outlet for their creativity, passion and skills, with a transcendent purpose to realise exponential societal, cultural and economic advancements through technological innovation.  By the people, for the people.

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It’s a future we are actively working to create.  If you are interested, want to help realise this future, or want to learn how to support, I invite you to visit our website and sign up for our newsletter: rloop.org