Blog | CB Investment Management

Crowdsourcing: Combining Human and Financial Capital More Productively

Patrick Byrne has developed a company information system that crowd sources intelligence from everyone in the company to produce much better management. There are several steps to what he calls a block chain system which shifts away from centrally planned systems towards peer to peer systems which he believes combines financial and human capital in a much more healthy and productive way.  The crypto currency revolution is an extension of this thinking which could be very disruptive to many of today’s institutions.
He explains the internal mechanics of wall street, and in particular settlement, and how the market has been transformed for the worse by massive unproductive volumes and market manipulation “which has become a regular feature of our markets”.
Too much to summarize but a multitude of remarkable ideas from a philosophy Ph.D, who is also a very successful business entrepreneur, with a new and very successful business process and even a feasible plan to begin to replace Wall Street. This system has almost been built and he intends to implement it.

 

 

Best Practice is a matter of your Best Interest.


Education and a Commitment to Informed Consent is an Obligation.

Chris Belchamber is an IRMAA Certified Planner

Medicare’s IRMAA impacts every retirement plan. Learning how to mitigate it is available via IRMAA Certified Planners designation.

Sign up to receive the best practice community insights directly into your inbox

2 thoughts on “Crowdsourcing: Combining Human and Financial Capital More Productively”

Leave a Comment

Your email address will not be published. Required fields are marked *

Related Posts

Sign up to receive the best practice community insights directly into your inbox