The Nexus of Purpose and Profit is where we’ll find the solution to our sustainability crisis. And the solution will come with a shift in how we think of and rationalize for-profit enterprises as purely business, and impact-driven for-benefit enterprises as purely charitable. This shift is what is going to catapult us into the “5th industrial revolution,” according to the person credited with the coinage of the term 5IR.
According to Pratik Gauri, the CEO, and co-founder of the first layer 1 sustainable blockchain, making sustainable development, and growth will take an entire paradigm shift from thinking of things with a “for-profit” mindset and redirecting all our efforts towards a “for-benefit” mindset.
This will include finding a technological solution, via blockchain, by building a green blockchain, and incorporating it in the entirety of human development from education, to e-governance, to how we perceive and develop a personal identity, and of course how we live in what is increasingly an urban setting (like Smart cities, and sustainable growth in urban centers).
Pratik Gauri, takes us through the evolution of blockchain technology, to its current state, its benefits and challenges, and how he proposes to build a green blockchain solution in line with the UN’s Sustainable Development Goals (SDGs) by the year 2030. Pratik Gauri is a serial Indian social entrepreneur, investor, public speaker and writer widely known as the Creator of the 5th Industrial Revolution. He has been championing the UN Sustainable Development Goals and helping transition the world from a for-profit economy to a for-benefit economy for more than a decade.
As the Founder & CEO of 5ire.org ( pronounced FIRE ), Pratik is responsible for the day to day operations of the firm and its strategic efforts.
As a young visionary leader, Pratik believes that the service of humanity and social good can work hand-in-hand with business and is on a mission to prove the thesis of 5IR ( 5th Industrial Revolution ) – “You can make more money if you do good to the world.”
Pratik has founded 8 companies prior to founding 5ire, which is a blockchain ecosystem that brings forward Sustainability, Technology & Innovation to build the 5th industrial revolution. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx