NYC Assembly ’22: Monetizing on Velocity Network
James Owens, CEO and President, Cisive; Payment and Rewards Committee Chair, Velocity Network Foundation.
Our blog offers news and insights to help you keep ahead of the curve on self-sovereign career identity and Velocity Network.
James Owens, CEO and President, Cisive; Payment and Rewards Committee Chair, Velocity Network Foundation.
On July 15, our CEO Dror Gurevich joined Open Assembly’s Center for the Transformation of Work Meet-Up to talk about the Velocity Network.
The internet of today is a widespread information infrastructure that permeates every facet of our lives. Its history is complex and involves technological, organizational, and community aspects. Its influence reaches beyond just technical fields of digital communications. Throughout society, we use online tools in everyday life—for electronic commerce, to acquire information, and to build community.
Utility tokens can be used to define the new rules of the market, and with mechanism design – a field in economics and game theory that takes an engineering approach to designing economic mechanisms or incentives – we can design certain rules to create the desired behavior of different stakeholders toward desired objectives.