Nick Ayton or the growth of a technology entrepreneur… A worldwide acknowledged tech business leader, Nick works with boards 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 on the crypto generation: Bitcoin is part of a tech wave that I call all at once, and where the Bitcoin blockchain is one of several technologies that by themselves will have a profound impact: Deep learning, Virtual Reality, Quantum Computing, Augmented Reality, Artificial Intelligence, Robotics and therefore the magnitude of change we can expect will dwarf anything we have seen so far. I have some idea of the impact of these technologies but all at once in a decentralization model is the most interesting and the most scary, for some. Think: elitism, the establishment, the upper class, royalty – these are intertwined through history with politics that set the rules, make laws and decide how they want the people to behave. These constructs are all centralized, like managing a business where hierarchy within a capitalist system allows the resources and wealth to be owned by a handful and dictates the dissemination of power that flows from top to bottom of any organization. That is until you build a decentralized or autonomous (DAO) business where rules, consensus, and decisions are handled differently. Where responsibility and benefits are shared and behavior is set by consensus.
Nick Ayton has worked more than 40 years in technology, trasforming businesses and implementing 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. 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.
Blockchain doesn’t discriminate, treating all industries the same. But it is more destructive to some sectors more than others. Any sector that acts as a ‘middleman’ will be first to be disintermediated, a horrible expression I know, lets say ‘destroyed’ then. Any layer in any industry where the core services is checking, validating, settling and matching will be gone! I get great access to entrepreneurs building Blockchains for all industries – from new banking platforms, new forms of payment and remittance, for removing the friction in Insurance brokerage, dealing with the complexities of reinsurance, in music putting artists in control of payments and royalties, in government for land registry and voting, the disbursement of payments and Identity, capital markets for settlement and reconciliation, in healthcare for medical records and linking to devices, in legal services removing the need for lawyers and and and… See a few more details at Nick Ayton.
“Nick is one of the few people that can explain the complex so I can immediately grasp its importance.” Design & Build Propositions: We help Founders create and develop their propositions to disrupt industries and markets. 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.
NickAyton about crypto app tokes : We have certainly come a long way since the infamous Bitcoin pizza incident, where Laszlo Hanyecz ordered two pizzas from Papa John’s for 10,000 BTC back in 2010. It goes to show how much progress has been made in eight years — especially when you take a look at how much you’d pay for those same two pizzas with Bitcoin today. Given the gradual rise in value of Bitcoin over the years, early adopters who got their hands on substantial sums of the cryptocurrency found themselves with an incredible amount of wealth in the last two years.