Humans are dreamers. We have aspirations of greatness and know (with a bit of a leg up) we could help better the world. As technology changes how we work and play, we have more of an opportunity to explore what we could potentially do. The primary problem we encounter though is quite simple: We live in a capitalist society and need money to survive. Is there a solve?

Enter the universal basic income.

The idea of universal basic income (UBI) has been debated for an incredibly long time and is now starting to gain real traction. Governments in Canada and Finland are currently exploring its potential and top economists have stressed its positive effects. Much has been said about how it could reduce poverty, and previous test runs have shown that it has also improved health rates (both mental and physical), but there are other positive elements it would bring with it.

With a bit of extra cash flow, so many people with dreams of entrepreneurship could start the journey and make a real positive impact on the business world.

Many of the top entrepreneurs know this and are pushing UBI as the best way to feed innovation. Some are even testing the benefits themselves. Y Combinator (a U.S. startup incubator) is set to run an experiment to explore the impact of UBI. Should the results meet expectations, recipients will have the opportunity and ability to pursue their dreams and help discover a better world. Think about it: So many major problems could be solved when our great minds have more time and energy to explore them.

Once UBI does come into play FinTech will have a very important role. The large-scale dispersal of funds will require an automatic payment rollout and that recipients have access to financial services. Who better to meet the varying banking needs of society than FinTech? Its services will ensure that the greatest number of people will be able to access the benefits of the UBI system in a secure way.

I for one am excited by what a UBI future has in store for us. The extra capital will improve our economy and help bring forth new innovations that will lead us into the next stage of our evolution. Imagine how great that will be.