INJAZAT research companies , and obviously , companies from the realm of startups .”
In terms of future partnerships , El Ansari states that both Injazat and InGenius Ventures are looking to diversify this portfolio of partner companies , perhaps by working more closely with different government departments , as well as tech companies .
Mission possible : pioneering with purpose and bridging the innovation gap between the corporation and start-up models At Injazat , InGenius Ventures ’ overarching mission is to build ventures with a significant impact on society , in terms of both businesses and individual citizens , in-line with the country ’ s leadership trajectory .
“ The goal is to improve many dimensions of our purpose , to have a purpose that is around people and businesses , around safety , peace and environment , too . I personally call them ‘ The Four Ps ’: People , Peace , Planet , and Progress ,” smiles El Ansari , summarising his goals – which are many and wide-ranging .
The core pillar of this , though , is the human element ; El Ansari feels that InGenius can generate untold societal benefits from really emphasising its purpose in the space between corporations and startups .
“ Venture building is a job by itself , because it comes at the intersection of two worlds : corporations and start-ups . We are not an innovation department in an established corporation , and we ' re not a startup living in an accelerator . Instead , InGenius Ventures makes the link between the two ,” he establishes .
As such , El Ansari is excited by the future of technological innovation , imagining the applications of AI in road safety and vehicle tracking , and how blockchain may end up impacting more than the financial world .
“ I think that the way we manage transactions will be deeply transformed by blockchain . The way the cinema industry works could also be completely changed by blockchain , with a cryptocurrency not only transforming the way we finance the next blockbuster , but also transforming the way cinema tickets and platforms like Netflix work ,” predicts El Ansari , his brain evidently ticking away with the burgeoning possibilities forming in his mind .
“ So the major disruptor for Netflix would be a blockchain that ' s distributing access to watch movies directly to people from productions . Which movies would have been financed through an ICO , and this is something that we ' re talking about – but the day it happens , the cinema industry will never look like before because its investment budgets will be multiplied and the way we consume it will change .” businesschief . com 53