Julius is the Resident Entrepreneur at Massachusetts institute of Technology’s Media Lab in Cambridge, Massachusetts. Julius is a native of Nigeria. His mission at the Media Lab is the commercialization of Technology Innovation most especially to continuously shape and leverage existing and future technologies at MIT to empower people in developing nations. Julius’ goal is to empower developing nations to invent new opportunities for themselves and their societies in a networked “always-on/always connected” information economy, with an entrepreneurial spirit.
Most recently, Julius initiated the “Unleashing the Wealth of Nations” project at MIT that leverages emerging technologies to empower people to understand the value of their assets in a new way that complements their traditional understandings. This concept will help countries to mobilize and register their assets as part of the “Global Financial Nervous System” that will provide financial inclusiveness to the BoP citizens through representation in the global digital marketplace. It will lift them above poverty and change their lifestyle from a daily survival mode to that of wealth acquisition and wealth growth to enhance the local and national GDP and a contribution to global prosperity.
Prior to his residency at the MIT Media Lab, Julius was Global Director of Emerging Technologies for PepsiCo Inc , he was responsible for global technology innovation and liaison with global best in class Research & Development institutions to the benefit of PepsiCo most especially in the areas of product and market competitiveness.
Prior to joining PepsiCo, Julius was the Senior Vice President of Wells Fargo Bank’s Emerging Technologies and Wireless Business Technologies. There, Julius led the development and deployment of the first Mobile Financial Services platform in the US, which revolutionized secure wireless transactions within the Financial Services Industry. At Wells Fargo, Julius’ functions included: Emerging Technologies Tracking and Incubation; Business Process Re-Engineering, Strategic planning and Ubiquitous computing among others. Julius worked in various business functions of the Bank including Finance, Systems, Retail and Commercial Banking and Audit and Regulatory Services of the bank. He was also involved in various industry groups including the Mobile Finance Steering Committee of the Financial Services Technology Consortium and Bank Information Services (BITS) Financial Services Roundtable of the United States Financial Industry. Julius started his career at Ernst & Young in Client Services he later was a Paris based expatriate manager of Pan American World Airways. Julius was a member of the working team of the UN’s ICT to eliminate poverty and an advisory Board member for both Verizon Wireless and Cingular Wireless (now AT&T Wireless). Julius holds an MBA degree from Ohio University; he also holds multiple intellectual properties including a joint invention with MIT Media Lab on “Interactive Vending Machine” United States Patent Pending Application # 12/637,029 and “Virtual Private Message Broker” (United States Patent 20040220882).