Ep. 93 - What I learned from Interviewing Power Ledger (POWR)
CRYPTO 101
Bryce Paul & Brendan Viehman
4.3 • 841 Ratings
🗓️ 16 March 2018
⏱️ 19 minutes
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Summary
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| 0:00.0 | Hi everyone. Just a reminder that this show is not legal advice, trading advice, financial advice, or personal advice. |
| 0:07.0 | Enjoy the show and thank you very much. |
| 0:09.0 | Just a quick warning, this is an opinion piece, so if you're traveling in the car with your kids, maybe you want to wait to listen to this. |
| 0:16.0 | There might be a bad word or two. This show is sponsored by the Vera Foundation. |
| 0:20.0 | When you visit your doctor or hospital, the total administrative expense of getting paid |
| 0:24.2 | for the services they provide is $60 billion a year. |
| 0:29.1 | In the industry, this is called the claims process. |
| 0:31.6 | This expense is due to insurers and physicians not trusting each other, keeping duplicate records |
| 0:35.7 | and systems, and providing no transparency |
| 0:38.0 | in the process. This is exactly the type of problem blockchains are created to solve, |
| 0:42.3 | problems that include trust, transparency, and the need for authoritative records. The VIRES Foundation |
| 0:47.8 | is a U.S.-based nonprofit with a team consisting of nearly 200 years of experience in all aspects |
| 0:53.2 | of the claim process. |
| 0:54.6 | The VIRIS blockchain is fully functional and currently testing sophisticated smart contracts |
| 0:58.3 | to solve this problem. |
| 0:59.9 | The VIRES Foundation's pre-sail begins March 19th with a 20% bonus. |
| 1:04.1 | Full crowd sale begins April 2nd. |
| 1:06.8 | Visit VIRSFoundation.com for more's V-E-R-I-S-Foundation.com, for more information and register in the presale. |
| 1:14.0 | Now, back to the show. |
| 1:16.6 | Tell me what to do. |
| 1:20.7 | Show me how to feel. |
| 1:24.9 | Under your control. |
... |
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