A citizen presentation to think about the new social & economic models for our societies enabled by the new technology.

1. The potential impact
of new tech for
economic & social
organization in the
21th century
For a new macroeconomic and social
organization
May 2018
Yann Le Floch

2. Neo Economy | 1
A potential new way for economy
The emergence of new digital technologies gives the possibility to redefine the key social models, capitalism,
socialism & communism

3. Neo Economy | 2
Parameter Economy in few words
Smart Money
Smart Payment
cv
n The smart money is a money of which intrinsic value can be modified
depending on some additional parameters.
n A smart Money can be managed centrally or distributed via smart
contract
n The parameters that can modify the value of the money can be
economic, social, environmental, others…
n A smart payment is a conditioned payment by external parameters.
n The value of the coin is such a payment is not modified (different from
smart money), but the payment can be conditioned by some physical
parameters (Internet of Things), social, environmental ones
n Smart Payment can be applied both to classical static money or
smart money
nIn One word, in a smart economy, your coins will be such as economic
POKEMONs, living coins

4. Neo Economy | 3
n The 21th century economic market is
mainly based on the bid/offer rule, the
cheaper you buy, the higher you sell, that
you could be considered as the invisible
hand of Adam Smith
n The invisible hand of Adam Smith could
be dual with the invisible hand of
democracy, via smart money and
democratic parameter economy
n The power of democracy is today
challenged deeply by the power of
money
n The emergence of smart money
technology, enabling parameter
economy, could reintroduce some
democratic parameters in economy.
A potential socialism economy
One of the definition of socialism is the balance power between freedom of money and
freedom of democracy
Democracy Money
For a regulation market, monetized, and balancing the dual greed market, to create a socialist economy

5. Neo Economy | 4
An enhanced democracy, guarantor of a fair smart economy
n The traditional western assemblies were built more than 2
centuries ago, when communication and transportation
tools were slow & inefficient. The need to have a physical
representative in an assembly to represent one part of a
geographical population was a natural way considering the
accessible technology.
Traditional Assembly E-Crowd Assembly
n Today, thanks to digital & blockchain technologies, each
citizens could be a political, by given his/her direct opinion
via e-democracy tool.
n In France, considering the 21th century technology, the
assembly could be a 50 million representatives digital
assembly. The traditional physical assembly is no more
relevant.

6. Neo Economy | 5
The hand of the regulation market
n Monetization of qualitative or
quantitative democratic parameters
(Environmental, social, corporate)
n A trip advisor applying to each “trip” in
economy
n Democracy back in the economic
game
The democratic hand of the
regulation market
n A virtuous hand, which enables via
individual action & financial interests to
create value for society.
n … But seems to need a strength to
balance its power, especially on
environmental point of view, and probably
also on social point of view.
The greedy hand of the classical
economic market
A Yin Yang Economic market

7. Neo Economy | 6
Potential Direct Impact Use cases of Smart Money & Parameter Economy
n Potentiality for money tracking to avoid fiscal
evasion & optimization
n Extraterritoriality principle of Money – Colored
coins applied principle
Tax
n Money liquidity creation & reference interest
rate including environmental & social
parameters
n Macroeconomic models could create not only
synthetic wealth via production of goods &
services but also environmental & social
value
Central Bank
n Accounting economic value chain analysis
with smart allocation of produced value
(Application: agriculture, international retail)
Accounting
n Monetized satisfaction for big companies,
small companies (?)Retail
n Parameters securities with markets value
definition extended to clients, users, citizens
beyond the classical shareholders
speculative democracy
n Environmental & social value integrated in
price definition beyond broad bid/offer
approach
Financial
Market
n Parameter investing with environmental &
social parameters monetized in yield or
nominal
Investing
n Parameter financing with environmental &
social parameters monetized in interest or
nominal
Financing
Banks
State Finance
Illustrative

8. Neo Economy | 7
The Neo Capitalism – The freedom of Money
Bid/Offer rules to
define value &
liquidity
Freedom to create
your own crypto-
currency for any
people, group,
corporate, state
The code is law – No
Fair authority to
regulate in case of
mistakes
Right to forget for
datas not obvious
Proof of work
and proof of
stake are based
on power and
money
concentration
Very volatile reserves
of value
Blockchain technologies enable the emergence of a free “liberalism”, in which the initial
philosophy is modified to create a uninhibited capitalism

9. Neo Economy | 8
A potential Neo Communism – Democratic Collectivism ?
Historical Communism
nA potential key problem in
this human experience was
at first the human centralized
and dictatorial governance
21th Century Communism
nCould we imagine an e-
democracy in a communist
economy, parametered by a
centralized or decentralised
economy based on smart
payments and smart money.
Don’t know.
Note: Slide just here to question us

10. Neo Economy | 9
Potential New Corporate Organization (Capitalistic & Governance)
Property
Governance
Unions
Net revenue
sharing
Heads
nomination
Securities
nThanks to the new technologies,
potential way to redesign the key
legal capitalism definition created
more than 2 centuries ago
nInteresting book to read to deepen
the topic “Changer ou Disparaitre”
by Jean Peyrelevade, Former
French Banking CEO

11. Neo Economy | 10
New central Bank organization for a smart economy
n Central Bank very traditional way to manage macro
economy:
n Reference interest rates
n Liquidity Creation & management (mainly banks
liquidity, state bonds, financial markets securities),
n Central Bank could manage economy via upgraded approach
(helicopter money, sectorial incentive, coloured coins with tailor made
functionalities applying to different parameters, geography, sectorial,
macro/micro, others…)
n 3rd millennium central banks

12. Neo Economy | 11
New banking offers development
n !"#$% = ∫()
)
*"
n With Xi financial, economic,
environmental, social, democratic,
others parameters
n Parameter economy can modified
the associated economic exchange
in nominal & yield
n Economic growth extended above
goods & services production
n Potentiality to inverse some
polarities to create “decay” growth
on environmental, social, regulatory
parameters
Parameter Investing
n +,-#.#/- = ∫()
)
*"
n With Xi financial, economic,
environmental, social, democratic,
others parameters
n Parameter economy can modified
the associated economic exchange
in nominal & Interest
n Economic growth extended above
goods & services production
n Potentiality to inverse some
polarities to create “decay” growth
on environmental, social, regulatory
parameters
Parameter Financing
n Encoded payment system
n Conditioned Payment correlated
with smart money application
n Extended economic parameters
potentiality
n Technical security enabled by
Distributed Ledger Technology
n Distributed or Centralized approach
Smart Payment
n Smart Money applications which
could integrate parameter economy
definition
n Core tool to build parameter
investing, financing, payment
n A relative approach of Money
n Technical security enabled by
Distributed Ledger Technology
n Distributed or Centralized approach
Smart Money
Such an approach could create a lot of value, but could also be dangerous if not well managed for users –
Democratic system must be very healthy to use such a parameter banking economy

13. Neo Economy | 12
New democratic organization & Governance – A pillar for smart economy
“Social
Impact”
+-
-
+
“Hierarchical
Impact”
Government
Difficult
challenge
Ministry
Big Corporates
Unions
Small Corporates
City Hall
Town Hall
NGOLander
High priority
High priority
High priority
Difficult
challengeTest & Try
Test & TryTest & Try
Low priority
The safe technological potentiality (Blockchain) to create new e-crowd governance in most of the organization
Draft

14. Neo Economy | 13
Pros & cons
Pros Cons
nTextnText
nGreed is good
nChange can be
dangerous for instable
balances
nNo governance to put
ahead such ambitious
projects
nMake the planet great
again
nNeed for change for
humanity to enter in 3rd
millennium
nIf we don’t react, we will
confront a big Wall, not
for a Street but for a
planet…

15. Neo Economy | 14
Pros & cons – Some Opinions about Smart Money Economy
n March 2013
n Jacques Attali
n “Crazy enough
ideas to be
deepened”
n Nov. 2017
n Alain Bauer - Great
Freemason Master
n “It's a real subject
but like the atom
it can save and it
can kill”
n May 2017
n Noam Chomsky
(MIT Professor)
n “Inspires
Thought”
n Nov. 2016
n Julien Bayou
(Ecologist politician)
n “Clear the future”
n Feb. 2015
n Frederic Lordon (Far
Left Economist)
n “… the shortest way
to intellectual
barbarism…”
Depending on your psychology, sociology, own experience, smart economy can appear as a good thing/k or a bad thing/k
Source: Direct feedback in live or via messages (email, linkedin, …)

16. Neo Economy | 15
When the rose will bloom again…
Mars & Jupiter, what is what, which is obvious in a cartoon is less in a real world
Tryptical
Illustrative
approach
Note: Slide just here to question our philosophical targets

17. Neo Economy | 16
Appendix

18. Neo Economy | 17
From smart money to parameter economy – The classical functions of money
2015

19. Neo Economy | 18
From smart money to parameter economy – Smart Money/Dynamic Money
2015

20. Neo Economy | 19
Gartner & the parameter economy
Nov. 2017 -
Barcelona

21. Neo Economy | 20
Gartner & the parameter economy
Nov. 2017 -
Barcelona

22. Neo Economy | 21
Gartner & the parameter economy
Nov. 2017 -
Barcelona

23. Neo Economy | 22
New banking products development
FinancialMarkets-Investing
Financingactivities
Assets Services (Back Office Business)
Asset
Managers
Intermediaries
&Corporates
AssetOwners
Alternative
Investors
G10 rates
Credit
FX & LM
Equities
CD
PS & Fin
Primary Mkts
Corporate Cov.
Financing solutions
Corporate Finance
Energy &
Commodities
Transaction Banking
Country Mgt
Strategy & Products
Potential Impact
of Blockchain & DLT
in a Banking Environment
BusinessFunction
Platform Ecosystem
“As Is” Product Digitalization
n Product blockchainized digitalization in coordination
with clients & intermediaries
n Extended smart contact application
New Investment Products
n Parameter Investments (especially with entropic
CSR prameters) based on blockchainized structure
(e.g. Cryptocurrency Funds)
New Financing Products
n Parameter Financing (especillay with entropic CSR
parameters) based on blockchainized structure
New Custody Products
n New dedicated parameter products to adapt to
parameter products in investment & financing
Tokenization & Smart tokenization
n Tokanization client products and associated
digitalized structure
n Smart Tokenization correlated to parameter/smart
economy
Legal
n Smart Contract and
automatization
Finance
n Accounting and Audit
DLT database
Compliance
n Regulation impact
n Enhanced data
control
n KYC
HR
n KYE (Upgraded
Refog)
n Horizontal DLT
governance
Risk
n Real time risk
assesment
n Granular risk ass. via
parameter economy
Asset Liability Mgt
n Real Time Payment
n Real Time
consolidation
n Real Time risk view
ITO (Enabler)
n Automation of trade, post trade & clients platform
via DLT in collaboration with others peers &
providers
n Smart contracts and collaboration being at the
center this new ecosystem
Potential
New
Business

24. Neo Economy | 23
Use full links & source to go ahead
n https://www.linkedin.com/pulse/could-blockchain-disrupt-capitalism-yann-le-floch/
n https://www.linkedin.com/pulse/blockchain-vers-un-nouveau-modèle-économique-et-social-
yann-le-floch/
n https://www.linkedin.com/pulse/neo-economy-capitalism-socialism-communism-yann-le-
floch-2/
n https://www.linkedin.com/pulse/grandma-grandpa-what-dollar-yann-le-floch/
n https://www.linkedin.com/pulse/biggest-ico-ever-yann-le-floch/
n https://www.linkedin.com/pulse/freedom-business-yann-le-floch/
n https://moneybydesign.io