Cyberfinance: Liberating the Financial Markets

The Capco Institute Journal of Financial Transformation, Forthcoming

12 Pages Posted: 12 Jun 2015 Last revised: 5 Jul 2015

See all articles by Kim Wales

Kim Wales

Wales Capital; CrowdBureau

Date Written: June 11, 2015


A new economic revolution liberating financial markets? Seeks to answer some of the questions driving the existential crisis embroiling finance: What is currency? What is value? What is a business? What is a bank, even?

This article discusses how regulatory reform, transformative technologies, and a new investor class are catalyzing a new economic revolution. Humankind's collective knowledge is increasingly more accessible and we all have the ability to connect across the planet. Democratization of the capital markets with financial and investment products such as securities based crowdfunding, peer-to-peer lending (P2P), Bitcoin and more, in parallel with technological advances on the Internet, social media and the smartphone have all changed the way we do things. This new revolution will enable more people to access financial services in less traditional ways, especially in the unbanked world with its huge potential for growth and social well being. These new financial opportunities will be discussed and examined, and we will stress how they can allow people to bypass current barriers in the global economy. We conclude by arguing that all these developments, energized by the effort of innovators and entrepreneurs, have the potential to radically transform the world in which we live, while promoting the core values of industrialized societies including democracy, capital formation and equality.

Keywords: Economic Education, Economics, Global Outlook, Globalism, World Economy, Crowdfunding, Peer-to-Peer Lending, P2P, crowd finance, securities based crowdfunding, alternative finance, cryptocurrency, cyberfinance, bitcoin, capital formation, general economics

JEL Classification: A10, A11, A12, A13, A14, A19, A20, A21, A22, A23, A29, G01, G02, G10, G11, G12, G13, G14, G15, G18

Suggested Citation

Wales, Kim, Cyberfinance: Liberating the Financial Markets (June 11, 2015). The Capco Institute Journal of Financial Transformation, Forthcoming, Available at SSRN:

Kim Wales (Contact Author)

Wales Capital ( email )

42 West 24 Street
New York, NY Manhattan 10018
United States


CrowdBureau ( email )

42 West 24 Street
New York, NY 10018
United States


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