Blockchain, Innovators World, Opportunity, Overview, Uncategorized

Moral Innovator Perspectives on Blockchains

Blockchains represent the computer hardware and software behind the bitcoins application. It is one of the hottest topics in the technology world today. Knowing we may step into stereotypes, it is instructive to observe blockchains from a moral innovation perspective to observe how humanity is changing.

To define a blockchain in its most basic form, it is the ability to communicate (from sender to receiver) information that can be valued by the sender and the receiver which define an application (such as bitcoin as a currency). The communications process itself uses the cloud to connect multiple servers with data that can be interpreted from one server to the next using encryption. The combination of not knowing how many servers in what configuration in this process, along with the encryption technology among each pair of servers make this “blockchain” impossible to hack with what we know today.

In a school, the most sensitive information include the student health records (i.e. HIPAA compliance) and transcripts. A blockchain application in a school could be the school issuing “coins” to students to carry their transcript wherever they go, without having to request a transcript from the school, as long as the recipient of the transcript (e.g. a college) accepts the transcript protected by the blockchain.

Even though customized blockchains can work now, it can be very expensive – too expensive for applications like transcripts. To achieve economy of scale, blockchain applications require an infrastructure with standardized protocols and/or very large transactions like movements of currencies. It is similar but not exactly comparable to the Internet released by DARPA in the 20th century, waiting for HTML(language) and IP (communication protocol) to emerge.

From a Moral Innovator perspective, the values of over 90% of humanity come from Christians, Muslims, Indians and Chinese. Christians and Muslims follow monotheistic values where Christians drive innovations. Indians and Chinese follow community based moral values where Chinese drive trade. (Humans cannot live off morality alone because morality does not feed us.) Less than 10% of humanity lives outside these four communities, the largest of whom are the Japanese. As outliers, Japanese have demonstrated that they can sacrifice their culture such as shogunate in order to emulate the Christian innovations to the extreme. It was the Japanese that delivered the greatest intensity of massacre during the second world war – more intense than the holocaust – when over 300,000 mostly women and children were killed over a 50 day period in 1937. About 100,000 additional Chinese were victims of chemical warfare experiments, the most notorious the unit 731 battalion based in Harbin, China. What makes this worse is the fact that war criminals are still celebrated in the Yasukuni Shrine in Japan today.

Even though blockchains started in the 1990s, it was the Japanese that introduced the bitcoin application in 2008. Large companies like IBM and Google seek the very large transactions (such as payment for the millions of barrels of oil transacted everyday) or the elusive “Big Data.” Without any infrastructure, Christians especially associated with Silicon Valley propelled progress of this innovation after 2008. As a potential instrument of trade to support their One Belt One Road initiative, China is working very hard to suppress the volume of activities through Initial Coin Offerings (ICO) because the infrastructure simply does not exist. Germany is just now beginning to see ICOs and travelling to Silicon Valley to explore how blockchains can correlate to product qualify from standardized processes where the Germans excel. ICO valuation, as described by a Venture Capitalist, is “way out there.”

Without confidence on our innate morality, and without knowledge of a visible path to scalability, Moral Innovators need to focus on the value of the applications that come close to being accepted by coin buyers and sellers. As of April 2018, no compelling visible path exists for any ICO.

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Innovators World, Opportunity, Overview, Uncategorized

Moral Innovators perspective on where we are today, looking forward

Looking at humanity from the beginning of time, we know that humanity created morality about 2500 years ago when Socrates in Greece, Ashoka in India, and Confucius in China described the virtues to strive for in order to live peacefully together. Christians and Muslims have been influenced by Socrates. Ashoka remains influential in India today as his wheel is prominently displayed in the middle of the Indian flag. Confucian values still influence Chinese behaviors as Chairman Mao proclaimed: The laws written by students of Confucius from Qin Dynasty over 2,000 years ago remain in effect in the 20th century. Chinese President Xi Jinping continues with the development of harmonious societies based on “belts and roads” trade that modernize the Silk Road.

Two millennia later, Portugal approved Columbus’ voyage before Spain, but had no money to finance a voyage. Spanish King Ferdinand and Queen Isabella defeated the Muslims in the battle of Granada in 1491 which probably financed the Columbus voyage in 1492, before the Spanish-born Pope Alexander VI drafted the Treaty of Tordesillas in 1493 that claimed the entire world for Spain and Portugal, irrespective of the fact that millions of people live around the world.

In other words, morality evolved independently for 2,000 years and we are talking through each other across cultures because the definition of right and wrong has evolved inconsistently around the world. Christians and Muslim interpret morality through religions that are in absolute contradiction with each other. Non-Christians go to hell, and Non-Muslims go to hell. The end result is everyone on earth is condemned to hell since no one can believe in Islam and Christianity at the same time. Among Muslims and Christians, nearly half the world’s population in India and China has no say in their destiny.

Britain became prominent as pirates who stole treasures from ships returning from the Americas. They turned greedy after the Spanish Armada was defeated in 1588 and created the British East India Company (BEIC) 1600 to steal treasures from around the world. BEIC survived longer than its similarly corrupt cousin Dutch East India Company partly because the British government granted BEIC monopoly power in opium trade, before the entire world stole what they can in China through opium (e.g. 70,000 tons of silver) within 80 years. USA broke away from Britain 250 years ago. For 200 years (with exceptions like Jeffersonian democracy), USA gave voting power to Caucasian adult males with property ownership, supported by the Supreme Court Chief Justice’s 1823 decision that took land from Native Americans and gave it to European “discoverers.” USA tried hard to reach moral high ground as a global leader which has been completely annihilated by Donald Trump who stole the Presidency.

A century ago, Rudolph Steiner started anthroposophy that respects, but does not follow religions. Anthroposophy incorporates Indian karma and re-incarnation, but not yet the Chinese Confucian philosophies. Anthroposophy integrates mental, physical and spiritual development of children and emulates an egalitarian society. It is the largest secondary school system not affiliated with any religion. By incorporating Chinese morality, it can be nurtured into a global benchmark for educating responsible adults and moral innovators.

Those who ignore history are likely to repeat it. Donald Trump is not only ignoring history, he is blaming history to support his fake reality TV show at the White House. His main goals includes $1 billion income for himself by eliminating the Estate Tax for the rich. Hopefully he will remain an anomaly in future US history.

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Innovators World, Opportunity, Uncategorized

Moral Innovators’ perspectives on making America great again

On this Thanksgiving Day 2017, USA is a divided country focused on history of sexual harassment by civil servants and Hollywood stars in the last 50 years. While it is fantastic that we are addressing an important issue, we are distracted from the theme of making America great again.

With less than 5% of the global population, USA once commanded as high as 34% of global GDP, or about one out of every three dollars of economic activity in the world was American as recently as 50 years ago. We may still have the #1 or #2 economy in the world today, but our share of global GDP has declined to less than 18% on PPP basis. Making America great again means reversing the trend of declining share of USA in global GDP. The current tax package that eliminates the estate taxes will give Donald Trump another $1 billion to his family which definitely will not help reverse the decline in US share of global GDP.

What will make America great again? We need to understand the world around us, and work hard to add value through moral innovations. This is a lot more difficult than just focusing on innovations without regards to morality which history has shown to be unsustainable (including the current tax package which is innovative but without morality). To illustrate, let’s focus on blockchain technologies that deliver privacy, not speculation on currencies (like bitcoin) which George Soros has proven 20 years ago that could cause havoc in the crisis that impacted Asia and soon followed by the internet bubble burst.

How do we know if we are making efforts to understand the world around us? A metric is to know how many Americans hold US passports to travel overseas. Holding a passport does not guarantee that we travel overseas, and this metric is skewed by about 44 million out of 326 million total Americans who were not US citizens at birth. Nonetheless, it is instructive to look at the trend of passport holders under our last four Presidents: HWBush, Clinton, WBush, and Obama. Under both the HWBush and Clinton administrations, the number of US passport holders more than doubled. This trend has declined to less than 100% under WBush and less than 50% under the Obama administration. In all, only 40% of all Americans hold US passports today. The 40% figure is even lower if we take into consideration that the 44 million American immigrants have a higher likelihood of holding passports.

This may be an important factor why USA is divided today: One third of us travel with passports (and know our declining global position), one third of us are passionate and unwavering Trump supporters, the final one third determines who will be elected in the next election.

Remember, Donald Trump was NOT a four year Ivy League graduate and he was not a top student. He was a third year transfer student into The Wharton School. When he graduated from University of Pennsylvania, he was not on the Deans List which was made up of the top 15% of his class the year he graduated. Please don’t let a fake Ivy League graduate who was not among the top 15% of his class fool you by making the White House a reality TV show. Get to know your neighbors and friends who have worldly experience and thrive by knowing your place in the world. Let’s do the right things and make this world a better place.

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diversity, Introduction, Opportunity, Overview, Uncategorized

Moral Innovator proposal for changing the world – one child at a time

We are clearly seeing increasing violence both domestically within the USA and worldwide these days. While the call for peace and calm can help get these incidents out of the immediate news headlines, we need a sustainable morally innovative solution that can take several generations if adults elect to work together, or several centuries if we collectively focus on educating our children.

Today, about one third of humanity follows the Christian faith.  This trend started over 500 years ago when the corrupt Spanish Pope Alexander VI declared that Spain and Portugal owned the world outside Europe in the Tordesillas Treaty.  The first ones to contest this declaration were other European Christians who innovatively created the corrupt State-sponsored Dutch East India Company and the even more corrupt British East India Company to gather resources needed to industrialize the world.  We know, for example, it was the British government who gave monopoly power to the British East India Company that produced opium in India and sold the illicit drugs into China (and almost bankrupted the Chinese economy).  The immoral Japanese military also helped take over 70,000 tons of silver out of China through illegal distribution of opium.

Another 20% of humanity today follows the Muslim faith, and Islam is the world’s fastest growing faith.  Since the first OPEC price increase in 1973, our newly industrialized world developed an insatiable appetite for fossil fuel, and an average US$2 trillion dollars per year have been transferred to Muslims each year.  Each time we fill up our car with fuel, or turn on the air conditioner anywhere in the world, we contribute to the demand for fossil fuel and eventually maintain or sustain the status quo that transfers wealth to the Muslims.  Another impact is global climate change which is a by-product of our industrialization and exasperates the fact that we are 20,000 years into the 100,000 year Milankovitch cycle of global warming today.

On a global scale, our most severe conflict has been driven by the Christians’ and Muslims’ efforts to convert all humans.  Unless we create a way that allow humans to believe in both Christianity and Islam, there is no way humanity can have peace when two significant faiths strive to convert the entire humanity into one faith.  Within this framework, the declaration of independence by Israel in 1948 was like introducing a spark in a fuel tank.  While the role (and population) of Israel has been similar to Hong Kong for the British Protestant Christians during the opium war, USA has added plenty of oxygen to the spark in a fuel tank when President George W. Bush decided to invade Iraq that spread the conflict between Christians and Muslims like forest fires.

Now is not the time to double down on our faith without reason.  We need to let our children thrive with knowledge of their places in the world in order to make the right decisions and make the world better.  Let us not baptize our infant children nor declare heaven belongs exclusively to any one faith,  claimed by both Christians and Muslims.  There is an alternative sustainable path to peace.

What is that alternative path?  We start with a very difficult challenge to understand and morally develop the age-appropriate motivations of our children.  In order to invoke the motivation hierarchy introduced by Abraham Maslow last century in a measurable way, let us try to map humanity into Maslow’s hierarchical layers of needs measured by wealth of humans.  We know that money cannot buy happiness, so these numbers should be modified by non-financial parameters:

  1. Two billion (~30%) humans on earth living below poverty. The number one focus for these two billion humans is to secure food for survival.  This is Maslow’s physiological layer.
  2. Five billion (~70%) humans seek safety through employment, police/fire protection, access to health care, investments, among other things. This is Maslow’s safety layer.
  3. Twelve million (~0.1%) millionaires living on earth seek friendship and family, among other things. This is Maslow’s love/belonging layer.
  4. 2,000 billionaires seek respect, confidence and achievements, among other things. This is Maslow’s esteem layer.  Donald Trump wants the US Presidency to try to excel in this layer.
  5. Essentially no one is free of prejudice and take actions based on facts, possibly except the Gates Foundation supported by Warren Buffet. This is Maslow’s self-actualization layer.

These layers cut across all humanity (including Christians and Muslims) and exist everywhere on earth, including the USA, the largest economy on earth.  Trying to separate African Americans and Caucasian Americans will not work.  It is not a matter of “Black Lives Matter Too” versus “All Lives Matter.”  We need hope and opportunities that differ among humans living in different layers of Maslow’s hierarchy.

No line can be drawn for humans living in different layers of Maslow’s hierarchy.  However, we can provide opportunities for our children living in different layers of Maslow’s hierarchy to seek their aspirations through education.  As long as our children learn the universally accepted Golden Rule (do unto others what you want others to do unto you) and believe there is hope to achieve their aspirations, we gain trust to respect our second amendment rights to bear arms, while reducing violence between police and citizens.  By adding moral innovations to the education curriculum, indiscriminate shootings in school will decline when our children and adults have the Golden Rule in mind.

Changes should be visible when we add the Moral Innovations framework into our education curriculum, including the Golden Rule.  Please encourage our children to do the right things as they thrive with knowledge of their places in the world.

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diversity, Opportunity, Overview

Focus on Opportunity when we mention diversity

Our business school professors and investment advisors teach us to diversify stocks in a portfolio to reduce risks.  The justification is higher profit for risked adjusted diverse portfolios.  How do we apply this concept to social sciences?

As a nation of immigrants, USA has a diverse population from South America, Asia, Africa and Europe with different moral values and faith within each ethnic community.  Over 150 years ago, the unspoken goal of Lincoln’s Emancipation Proclamation was to provide more opportunities for slaves.  Looking globally over time, the unwritten problem of India’s caste system has been the concrete barrier among the castes where anyone born within a caste like “soldiers” can never be anything else but soldiers of different ranks.  The fatal problem of communism has been the complete annihilation of economic incentives where no one wanted to hard work (and therefore evolved into Socialism where limited private economic ownership is allowed).  Today, we are still fighting for equal opportunity, with the underlying belief that our diversity delivers greater value than other countries around the world.

Within the USA today, we are divided by our emotions around “black lives matter” versus “all lives matter.”  We have bigger issues with our constitutionally protected right to bear arms and our ability to identify (mentally ill) terrorists to draw lines that cannot be drawn (and if drawn, cannot be enforced by law enforcement agencies).

Remove our emotions, and we find ourselves trapped heading in the wrong direction.  We are increasing our spending trillions of dollar every year increasing security at airports, police regional conflicts around the world, and build bigger law enforcement agencies.  For the next 4-8 years, our commander-in-chief is a choice between:  1) a follower of eugenics like Hitler who, as an offspring of immigrants himself, wants to build walls to exclude immigrants; and 2) an extremely careless career politician with a cheating husband.  How can we sustain our global leadership status with these choices?

To take advantage of our greater value of diversity, we need to know possible paths, or at least hope, to provide opportunities.  We cannot deny white males opportunities which the court has guided us in cases such as the Bakke reverse discrimination case in 1979, or deny Caucasians to become mayor of Washington DC where a majority of the population is African Americans.  Let us acknowledge Native American rights have been violated for centuries and help them address the alcohol addiction problem with jobs.  We have gone beyond our borders when we celebrate Columbus Day when Columbus never landed in the USA, or remember the Jewish Holocaust in a DC Museum when the holocaust did not happen in the USA.  It is time to address issues that did happen within the USA.  If we want to fight for fair trade or universal human rights across the globe, we should first have fair treatment of Americans within our borders.  Our law enforcement agencies cannot be effective without the support of the people within the communities they serve.  Our teachers cannot be effective if they do not teach our children 80% or more of the Native American population was annihilated within 200 years of the arrival of the Caucasians.  We should know that the population of Africa remained flat for 250 years between 1600 and 1850 when the population of the rest of the world more than doubled because millions of healthy male Africans were captured and sold into slavery around the world.  USA would not have industrialized without slaves because the cotton gin revolution required slave laborers to succeed.  Russia succeeded in industrialization when Stalin forced famine upon Ukraine and other parts of their economy.  China learned to focus on the power of the market economy to avoid a repeat of trying true Communism through their Cultural Revolution.  India is finding out democracy is the worst form of government, except there are none better.

Our children can learn and establish their own moral values, and our value of diversity will re-emerge.  This is not a political game.  We learn from each other, and the result will be fewer emotional outbursts that involve guns and deaths.  Ultimately, when we deliver opportunities for everyone to do what they want within our moral innovation framework, we will have harmonious societies.  Where do we find these communities?  Look at our schools:  There has been harmony at the graduate school level where American and foreign students have studied together for many decades.  Within the last decade, foreign students have increased significantly at the undergraduate level and within the last 5 years, at the high school level.  When we promote global education instead of concepts like “axis of evil,” we have opportunities to achieve harmony.  Don’t expect that building walls at the Mexican border or sending more military advisors into Afghanistan or Iraq will solve problems.  Global education is one of many sustainable action steps to reverse our current course of self-destruction.  Education that delivers opportunities for comfortable living/lifestyles is blind to bias and rewards hard work.  By expanding education at various levels,  we can also deliver hope to homeless veterans and poverty stricken victims who are more likely to be converted by extremists and candidates for suicide bombers.

Think “opportunities” when we talk about diversity which, by itself, cannot deliver harmony. 

 

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