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CRYPTO 101

Ep. 93 - What I learned from Interviewing Power Ledger (POWR)

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 16 March 2018

⏱️ 19 minutes

🧾️ Download transcript

Summary

*** this is not financial or legal advice*** Matthew Aaron shares his opinion on the word FUD and the responsibility we have to ask questions and challenge companies we invest in. Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved Music: Control by High Rule https://soundcloud.com/highrule Creative Commons — Attribution 3.0 Unported — CC BY 3.0 http://creativecommons.org/licenses/b... Music promoted by Audio Library https://youtu.be/T3RHZpSYKCI [email protected] http://www.highrule.com/ https://open.spotify.com/artist/2sLBu... https://www.instagram.com/highrle/ https://www.youtube.com/user/HIGHRLE https://twitter.com/HIGHRLE https://www.facebook.com/HIGHRLE Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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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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