Nov 9, 2020
Tech on the Rise from A.I. to Blockchain
- BRT S01 EP 40 11-08-2020
Things We Learned This Week
- AI w/ Naru of Aptus AI
- AI - artificial intelligence is used daily by the world in - search, big data, speech recognition, V/R, security, robotics, etc.
- AI helping in healthcare, assist Doctors
- Blockchain & Crypto w/ John Denza of ErisX
- Blockchain is a cryptography database
- Bitcoin is a store of value that operates on the blockchain network
Guests: Naru, CEO / Founder of Inventives (formerly Aptus AI)
https://www.linkedin.com/company/inventivesai
https://www.linkedin.com/in/naru95/
Building a better future by driving technological innovation...
A.I. (Artificial Intelligence) in major business arenas from Medicine, Bio-Tech, to Defense and more, plus what A.I. means in the bigger picture.
Notes:
Understanding AI on the practical level for the layman
AI in the future – 2021, and 5 years from now
What fields (ie – health) are making biggest advancements in AI
What jobs may be displaced now, and in next 5 – 10 years
AI in software, particularly fraud detection if you can discuss
How algorithms in AI determine what to look for
Discuss the research on robotics and Aptus suite of products – w/ AI - https://aptusai.com/services/portfolio
Bio:
Inventives / Aptus AI is a software solutions and artificial intelligence development and consulting firm. They provide aerospace, mechanical, and software engineering services to companies around the world. The Team is strong, and well-rounded consisting of engineers, developers, and physicists that focus on solving problems at the root. They help take ideas or concepts and build prototypes and deployments in very short periods of time with tight budgets while maintaining the best quality and client satisfaction. The main fields of expertise are RPA, Web App Development, Solutions Architecture, Artificial Intelligence, Computer Vision, and Simulation Systems.
Naru has a 2nd company he founded - Stax.ai is the world's first intelligent Business Administrative Operations (BAO) platform. Stax.ai uses the power of Artificial Intelligence to automatically sort, route, index, and backup your incoming emails, attachments, faxes, scans, etc.
Guest: John Denza, Chief Commercial Officer w/ ErisX
https://www.erisx.com/about/investors/
https://www.linkedin.com/in/john-r-denza/
Talking Blockchain, what is it, and how it impacts the finance industry Bitcoin, and other Crypto currencies vs traditional banking and money.
- JD Intro and Background
- What is Blockchain
- Distributed Ledger Technology (DLT)
- Excel Spreadsheet example
- What is Crypto Currency
- Bitcoin vs Ethereum
- Store of Value vs Smart Contract
- Asset Types, Spot, Futures, Options
- Improved Compliance - Audit Trail
- Prevent Nefarious Activities
- China releasing a token
- Banking
- Eliminating friction
- JPM Coin
- 3rd World - Adaption
- Mass Adoption
- Stability of the Asset vs Tesla
- Intuitional participation, FDAS
- Alternative Asset, 2-3% of portfolio
- Gold comparison
John Denza has 15+ years as a successful Exchange and Financial Technology Sales Professional with a strong desire to leverage these skills in the Cryptocurrency space. He has a passion to build new Disruptive Markets while fostering relationships with Clients and Hedge Funds. Avid researcher of Cryptocurrency market structure, long term enthusiast and investor across multiple venues. He is focused on applying his Exchange and Electronic Trading experience to the Cryptocurrency Trading community.
ErisX:
With in-depth experience in delivering and operating a fully regulated market place at Eris Exchange, ErisX has ventured into the digital asset space with a broad offering of both spot and futures contracts on one platform. ErisX integrates digital asset products and modern technology into reliable, compliant and robust capital markets workflows.
Starting with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC), the ErisX solution provides trading, deposits and withdrawals on a stable, proven capital markets technology infrastructure.
ErisX will also operate a Derivatives Clearing Organization (DCO) offering clearing and settlement services for a variety of exchange-traded digital asset contracts. Leveraging this infrastructure, the ErisX spot markets will also benefit from voluntary regulated oversight by the CFTC, as well as pending Money Service Business (MSB) licenses and Bitilcenses. The ErisX offering ensures that global businesses as well as individual investors can efficiently manage risk in both the listed and spot digital asset markets. With a regulated, liquid and attainable offering, ErisX is improving the digital asset space for institutional and individual traders alike.
More Notes:
What are the applications of Blockchain in the business world –
Ie – banking, payments, data
How crypto is listed – ie exchange, futures, commodity (example of an alternative investment like Gold)
Bitcoin vs other types of crypto – Etherium, & exchanges like Coinbase
Future of Blockchain, and specifically crypto and Bitcoin
Discuss Examples of how blockchain and crypto currency helps third world and developing countries
Bank Fees for international exchanges vs Blockchain banking
Funds investing in blockchain, and crypto currency
What is real volatility of crypto / blockchain vs stocks and options ?
Explain how Blockchain has distributed ledger and better compliance
Dangers of bad PR, Silk Road or other nefarious stories
Crypto – OTC vs. listed, Market Makers, futures, volatility – less volatile.
* FX spot price_ Bitcoin USD pair
Commodity – Futures Exchange – DCO derivatives
NOT SEC
Alternative investment – like gold, bitcoin
* Bitcoin can be currency – 8 decimal places – all digital
SWIFT – charges 1% + on international fees/transactions
* Blockchain – can follow and track (distributed ledger) dlt – giant excel book
Silk Read – nefarious issues, drug trade (dark web)
Tech Topic: https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science
Crypto / Blockchain:
https://brt-show.libsyn.com/category/Crypto-Bitcoin-Blockchain
Naru Shows on BRT -
https://brt-show.libsyn.com/size/5/?search=naru
Best of Tech - https://brt-show.libsyn.com/size/5/?search=best+of+tech
Thanks for Listening.
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