FinTech - Lecture 14 : FinTech Ideathon

These slides were used in the lecture 14 of FinTech - Financial Innovation and the Internet 2020 Fall at the Graduate School of Business and Finance, Waseda University, on January 15, 2021.

Transcript

1. QIPUP
   CZ
   0MJWFS
   ) FinTech — Financial Innovation and the Internet 2020 Fall Lecture 14 : FinTech Ideathon Kenji Saito Professor, Graduate School of Business and Finance, Waseda University Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.1/19
2. This class is recorded Camera ON is recommended, but not required You do need to speak often (we are going to have a lot of dialogue) We will use breakout rooms a lot, but those won’t be recorded unless you do it yourselves (need to be allowed) Keep your Zoom client updated! We might use latest features The recordings could be used for research on online learning Transcribed for use and anonymized Will let you know when the necessity arises Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.2/19
3. The lecture slides can be found at : https://speakerdeck.com/ks91 Recording and chat text will be posted at Moodle and Discord Trial automatic transcription of the lecturer’s part will be posted at Discord Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.3/19
4. Schedule Lecture 1 9/25 Overview of FinTech (1) • Lecture 2 10/2 Overview of FinTech (2) • Lecture 3 10/9 Internet Technology and Governance (1) • Lecture 4 10/16 Internet Technology and Governance (2) • Lecture 5 10/23 The World of Apps (1) • Lecture 6 10/30 The World of Apps (2) • Lecture 7 11/13 Blockchain (1) • Lecture 8 11/20 Blockchain (2) • Lecture 9 11/27 Smart Contracts (1) • Lecture 10 12/4 Smart Contracts (2) • Lecture 11 12/11 Other Ledger Technology and Applications (1) • Lecture 12 12/18 Other Ledger Technology and Applications (2) • Lecture 13 1/8 Cyber-Physical Society and Future of Finance • Lecture 14 1/15 FinTech Ideathon • Lecture 15 1/22 Presentations and Conclusions Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.4/19
5. Last Week, We Did . . . Assignment Review Self-driving cars and FinTech Cyber-Physical Society and Future of Finance Discussion Changes in Economy and Labor Assignment International aviation business and FinTech This can be the theme for the ideathon and presentations But if you have other specific ideas, please pursue them! Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.5/19
6. Today’s Topic Assignment Review Ideathon Assignment Presentation material (just 1 page) Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.6/19
7. Assignment Review Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.7/19
8. Assignment 7. “International Aviation Business” Summarize an idea for applying FinTech to the international aviation business This includes anything that appears at international airports and beyond Examples : passports, visas, airline tickets, immigration, customs, airplanes, money exchange, duty-free shops, etc. Use of blockchain (or better versions of them) is recommended because of the need to handle legal or any rightful records across countries Or, if you have a specific idea for another application, summarize that instead Deadline and how to submit January 12, 2021 at 17:59 JST From Moodle (mandatory) Optionally, you can also post to #assignments channel at Discord So that your classmates can read your report, refer to it, and comment on it Just plain text, and be concise, please Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.8/19
9. Trends and Measures Trends . . . of your reports Measures . . . how to improve the class 12 out of 16 students submitted (always better late than never) Your ideas : flight delay compensation / tickets, security checks, and boarding / DID (Decentralized Identifiers) and digital passport / losing a passport / post-crash handling / duty-free shopping / loyalty points / money exchange / leftover change / baggage management Pretty good! Today, we will take your ideas as seeds and develop them from there Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.9/19
10. Let’s talk about applied FinTech or something like that At the World Café-like environment But not much vocalization and with more freedom of movement Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.10/19
11. What We’re Going To Do Is Brainstorming The goal is to come up with a lot of ideas Especially at the beginning, don’t be afraid of divergence Write freely Take everything positively What do you want to hear (receive), and what do you want to say (contribute)? In the first place, what did you expect from this class? Let’s think for a moment Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.11/19
12. Preparation Enter miro through the link displayed in the chat window We will be doing 3 rounds of creating a huge mind map Each round has a question You can answer as many times as you want by creating nodes in the map Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.12/19
13. Round 1 (20min.) Present a lot of challenges of the current international aviation business Write them down as you think Question for this round : What’s troubling you or other people (what’s the pain) about the international aviation business? International aviation business = international airports and everything that happens beyond them At the end of the round, please choose a topic (problem) or two (or three) that you would like to continue working on Hopefully it’s a problem that can be solved with FinTech Focus on question / Proactively talk about your thoughts / Talk short and simple / Listen to others / Connect ideas / Write or draw more and more Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.13/19
14. Round 2 (20min.) This round is to obtain core idea Write them down as you think Question for this round : First, let’s take a look at the topic(s) you chose How do you solve the problem using FinTech? Focus on question / Proactively talk about your thoughts / Talk short and simple / Listen to others / Connect ideas / Write or draw more and more Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.14/19
15. Round 3 (20min.) This round is to try to summarize “our FinTech application” Question for this round : Again, what is the core idea for the application How can people get involved in that application? How do you motivate and organize people? MOI (Motivation, Organization, Idea) model for making social changes by G.M. Weinberg Focus on question / Proactively talk about your thoughts / Talk short and simple / Listen to others / Connect ideas / Write or draw more and more Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.15/19
16. Summary Write your “take-out” in the mind map (3min.) Please write “take-out” as a marker Whether it’s what you get, or it’s homework for yourselves There is an assignment based on ideas from today Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.16/19
17. Assignment Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.17/19
18. Assignment 8. “Ideathon LT” Next week, we will do “Ideathon Lightning Talks" Based on what we talked about in this “FinTech Ideathon”, please prepare a presentation material (1 page PDF file; no cover) to present ideas for applying FinTech to international aviation business There will be 1min. presentation time for each More time will be spent on discussion Deadline and how to submit January 21, 2021 at 17:59 JST From Moodle (mandatory) Optionally, you can also post to #assignments channel at Discord So that your classmates can read your report, refer to it, and comment on it Just one page PDF file, please Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.18/19
19. See You Next Week! Lecture 14 : FinTech Ideathon — FinTech — Financial Innovation and the Internet 2020 Fall — 2021-01-15 – p.19/19