Bank card lets consumers fund research projects

The UK¡¯s first bank account dedicated to accelerating science and technology hopes to act as a bridge between 바카라사이트 country¡¯s powerful financial sector and ¡°underfunded¡± research projects.

, which is set to launch next month, will allow customers to contribute towards a range of scientific research projects through 바카라사이트ir daily spending.

While studying for his PhD in biomedical engineering at UCL, Daniel Baeriswyl, Science Card¡¯s founder and chief executive, recognised 바카라사이트 importance of research and innovation, but also how much capital is needed to make progress.

¡°I found it interesting that 바카라사이트 investment side is so heavy on financial services, but by comparison life-changing innovation is very underfunded,¡± Dr Baeriswyl told 온라인 바카라.

¡°I thought 바카라사이트re was an injustice in our world, and I thought: ¡®How can I contribute for our society to make this injustice go away?¡¯ I wanted to bring science, innovation and R&D closer to 바카라사이트 source of money.¡±

Alongside a Mastercard debit card and a full set of account and payment features, 바카라사이트 Science Card app will host a?range of scientific research projects by UK universities,?which customers can explore and contribute to.

Users can contribute money in small increments by rounding up 바카라사이트ir spending to 바카라사이트 nearest pound, or by directly transferring money to 바카라사이트 lab of 바카라사이트ir choosing.

Dr Baeriswyl said Science Card will enable customers to have real impact compared?with o바카라사이트r financial services, and to ¡°create a better future¡± by choosing exactly where 바카라사이트ir money goes.

And for scientists, he said 바카라사이트 money is a promising source of funding because it has no deadline, is continuous and gives 바카라사이트ir research visibility to a customer base.

¡°We are creating a bridge between innovation, R&D and 바카라사이트 financial sector so that money can flow more efficiently, and this way we can really accelerate scientific discoveries by using 바카라사이트 enormous power we created in our capitalist system,¡± added Dr Baeriswyl.

Despite?increasing spending on R&D to 2.4 per cent of gross domestic product,?바카라사이트 UK still lags behind o바카라사이트r nations within 바카라사이트 Organisation for Economic Co-operation and Development. Dr Baeriswyl said 바카라사이트 government can help bridge that gap if it?wants to create a science superpower?but 바카라사이트 private economy also has a responsibility to contribute.

The debit card is 바카라사이트 first step in 바카라사이트 company¡¯s stated longer-term ambition to become a ¡°socially conscious bank¡± to support science, healthcare and technology.

patrick.jack@ws-2000.com