The ascent of a technology leader : Nick Ayton… Nick Ayton on the bitcoin generation: Insurance products designed to be sold through layers of distribution, salespeople and brokers. Then, my favorite parasites: the Independent Financial Advisor. How much profit margin is in a product designed to feed these layers, pay the commissions and allow misselling on mass? Insurance is one big ‘Ponzi Scheme’ as it is predicated on new money coming into the top to pay out at the bottom, if it pays out at all. Pensions are another example of a failed product, a scam. Then we have mortgages, another failed product that robs people and medical insurance designed to be sold and not claimed, aimed at the people with money.
An all around the world respected tech business leader, Nick works with executives to help them understand the pervasive nature of new technologies that include Quantum Computing, Artificial Intelligence, QuantumAI, Nano Materials, VR and Blockchain, as opportunities and threats for business operating model improvement, customers and the top line growth. Nick Ayton has worked more than 40 years in technology, improving businesses and deploying the newest tech for competitive advantage. He has the knack of making the complex feel familiar and gets to the issue quickly. He gets you thinking and helps you take action, to have the right plans in place for what is to come. His most recent project 21 million , will launch an ICO 12th June 2017. 21 million aims to make a crypto-funded blockchain indy tv series about the Bitcoin Revolution, an asset backed Token and a new Media and Film Production business on Ethereum. He advises a range of clients and sits on advisory boards of several Blockchain start ups supporting the founders.
“We were so fortunate to not only have Nick Ayton as Keynote on our Global Accelerator Program but also a speaker at our Global Investor Summit in London on 17th July 2019. Working with Nick is so inspirational I was indeed taken with his knowledge, experience and expertise, an outstanding speaker, both charming and entertaining” We support Family Offices, Investors and Funds to understand the underlying technology and supporting technology stack. Nick Ayton has published several White Papers discussing how Blockchain will disrupt Global Custody, Asset Management, Legal Services, Accounting & Audit, Banking and several other sectors. His book – how to design and implement Blockchain Operating Models will be available in the second half of 2017. Find additional info on Nick Ayton.
The latest company to begin accepting payment in crypto is American dealership Post Oak Motor Cars. The Rolls-Royce, Bentley and Bugatti dealership now accepts Bitcoin and Bitcoin Cash from clients. Owned by billionaire Tilman Fertitta, the company offers customers this facility around the world. Astonishingly, some people are even willing to accept cryptocurrency for property, an asset class that has historically considered a good store of wealth and investment. In this particular section, there is big divide between what you can buy with cryptocurrency, from a modest home to an entire tropical island.
Nick Ayton about crypto app tokes : What is new is that Blockchain is a structural shift in commerce and how it lets you design and organise the trading and exchange of value between two or more parties. And why 3000 of the world’s smartest people are working on customer and market propositions that are going to destroy your business, your career, and take you with it… The biggest tech companies – IBM, Microsoft, Cisco, Intel, Amazon – are betting the shop on Blockchain and completely re-engineering their business around both the technology and the Internet of Things, that uses Blockchain and Robotics that work so well together. In a sense they are of course right, but they are also very wrong. What Satoshi Nakamoto started in 2008 was a movement, more than a simple electronic peer 2 peer payment system. It was the beginning of something entirely new, a technology that when translated into business delivers an entirely different outcome for customers. The current systems based on Fractional Reserve Banking, a System of Record supporting Standard Cost and Value Based Accounting is and has always been structurally flawed. But this was all that there was at the time. It is today’s commerce that everyone accepts, endures, and struggles with because until now there was no replacement that worked better – until the Blockchain.