• youtube
  • twitter
  • google plus icon
  • facebook
  • logo linkedin
  • The 2017 Global Award for Entrepreneurship Research goes to Hernando de Soto

    The 2017 Global Award for Entrepreneurship Research goes to Hernando de Soto

    The Global Award for Entrepreneurship Research is the most prominent international award in entrepreneurship research with a price sum of EUR 100,000. De Soto’s analyses have had tremendous influence on policy throughout the world and were a main source of inspiration for the World Bank’s Doing Business program. Read More
  • 2017 Award Winner

    2017 Award Winner

    Hernando de Soto Peru  Institute for Liberty and Democracy For developing a new understanding of the institutions that underpin the informal economy as well as the role of property rights and entrepreneurship in converting the informal economy into the formal sector.   Read More
  • 1
  • 2


De Soto, an advisor to 20 nations on economic policy and president of the Institute of Liberty and Democracy, basically lays out the fundamental reason capitalism works, where it works and why it has never rooted in "the other" countries that are home to 4 billion people. He offers recommendations about how to unlock the potential of those people. 



With Michael Casey, a Wall Street Journal reporter and co-author of the book "The Age of Cryptocurrency," I was awakened to the idea that de Soto's ideas could be implemented in a very low friction, easy scalable form on the block chain, which is the underlying technology behind bitcoin.

So I decided to do something about it with George Kikvadze, the vice chairman of BitFury. So, we organized a summit in May of this year with Sir Richard Branson and de Soto on Branson's island to come up with ways to make it happen. It was MAGICAL to be with people who have the potential to effect so much positive change in this world going forward and to work with them hand-in-hand, leveraging my background in technology, to synthesize practical and implementable solutions. 


To read the complete article, please visit CNBC

Contact Us
P.O. Box 18-1420  
(511) 222-5566