The climb 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 internationally well respected technology business leader, Nick works with executives to help them understand the complex 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 4 decades in tech fields, trasforming businesses and implementing the latest 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. Nick Ayton is currently writing a book entitled “Blockchain Design and Implementation Strategies” due to be published in 2017. Nick has published a range of White Papers and articles and is London’s correspondent for CoinTelegraph. Some of his articles include: Myths about Blockchain, 50 Shades of Blockchain, Ignoring Blockchain is Corporate Suicide, Blockchain Returns Trust, Blockchain will Change Asset Management as we know it. White Papers include Global Custody Asset Management, Insurance Claims and Marine Insurance on the Blockchain.
“Nick has a way of getting through to audiences by scaring them a little, then making them laugh. A thought leader and futurist I very much enjoy listening to him” Chainstarter Ventures has a broad International contact base of Investors, Funds, UHNW and Families where we match project opportunities with capital. 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. Read even more details on Nick Ayton.
But it gets better. You have to take part in the community, and peer reviews using machine learning that select from the community, which ensure fair play and the integrity of the ecosystem is maintained. This is how an App Token has to work: you have to earn it, do something and make your contribution. Earning tokens delivers community, strength in numbers and a support infrastructure to create a movement, a shift that anchors new behaviours.
Nick Ayton on crypto app tokes : It all happens very quickly… We remember Blockbuster but forget what really happened. A bricks and mortar business selling (renting) video cassettes and later DVDs was replaced by online consumption of video content (streamlining) as the Web became more efficient, faster, and as bandwidth increased as technology advanced time and again. It was technological advancement. And now Netflix is 30% of all Internet traffic. The sight of the Nokia CEO with his head in his hands where he said ‘but we did nothing wrong’ was astounding. Yet he single handedly failed to see a storm coming and Nokia went from market leader to gone in just a few years, as they failed to see the smart phone revolution being cooked up by Mr Jobs over at Apple. Shareholder value never recovered and investors lost billions. All because management failed to have a plan for what was coming – that was then and Blockchain is now not only coming, it is already here…