Proximity: Recent Episodes

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Smart contracts have been on the market for some time now, however, it’s imperative that consumers learn the ins and outs of the products they are using in order to yield the most secure outcome. Particularly when handling cryptocurrency and financial programs, our knowledge is key in understanding how these systems work.

Joining us today is Ted Noh, Executive Vice President at Nexus Revolution, as well as Rikki Nicholls, Director at WGP and Executive Vice President at Capital Markets. We discuss the revolutionary technologies that are being produced at Nexus and the strides that engineers are making in relation to blockchain and cryptocurrency software.

In this episode, we also talk about the capabilities that scope brings to the table, the pros and cons of smart contracts, as well as the new AML Solution ‘Athena’ which is currently in its alpha stage. To learn more and gain some educational insights, tune in to Episode 3 of Proximity!

Some Questions I Ask:

• Could you give us some background on Nexus Revolution and Scope? (0:23)
• Where do you see the issues within smart contracts? (3:08)
• Can you give us any examples of what you have experienced whilst using smart contracts? (7:12)
• Where else could you see smart contracts being used outside of cryptocurrency? (9:46)
• How has scope reduced workload in terms of time? (13:34)
• Where do you think the benefits of AI in relation to scope will come from? (18:08)
• Why is an open web-based solution better than an API? (21:23)
• Have there been any low points on your journey developing scope? (24:56)

In This Episode You Will Learn:

• The unique capabilities behind Nexus products (5:05)
• Why these products are being developed (8:38)
• Why Nexus has chosen to produce this technology within the UK (12:03)
• How the culture and leadership at Nexus has influenced the direction of their products (15:04)
• Information the AML Solution ‘Athena’ & Where that product is heading (19:05)
• What string difference is and why it’s important (20:37)
• How ‘Athena’ distinguishes itself from other products on the market (23:08)

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The historical aspects of international affairs are a pivotal part in understanding how our approaches to business have changed. How we interact with international clients and business partners plays a key part in this evolution and helps us make more informed decisions when it comes to our own enterprises. Our role within political and cultural sectors is heavily influenced by the way in which we approach these relationships and there is a lot to learn from the global response towards world events.

In this episode, we discuss how the market has evolved to suit more modern business needs, the effects that Brexit has had from a professional standpoint, as well as the attitudes towards risk in politics and business, spanning across different age groups. We also take a deep dive into the historical implications of the world we live in now and how that has affected us politically.

To learn more, tune in to Episode 2 of Proximity for an informed business and political deep dive.

In This Episode You Will Learn:

• How the business industry has evolved over time (0:24)
• Marketing and advertising approaches both from ourselves and our clients (3:42)
• The effects of word of mouth marketing (4:24)
• How investing time in overseas initiatives has been beneficial (6:42)
• How uncertainty has influenced the decisions people are making in business & The effect of Brexit in a professional sense (12:02)
• How a new class of capitalism is developing (15:39)
• What capital and age in business profiles look like in the modern era (18:01)
• The attitude towards political risk across age groups (21:04)
• A recount of wars throughout history & How people’s opinions have changed towards it (24:16)
• The origin of sanctions within the world (28:22)
• How we have become desensitized to trauma and disaster globally (30:20)
• How the gap between the Atlantic and the US is widening (32:26)
• The connection between Brexit and the Trump administration (33:51)
• The international disconnect on the European viewpoint towards Brexit (37:38)
• Public opinion towards Britain and the US (41:26)

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In our globalised world, doing business across borders is easier than ever. With technology that allows us to send files across oceans at the speed of light and translation software that no longer makes language barriers an obstacle, there are no limits to intercontinental collaboration.

But what if we’re physically making the change ourselves by relocating a person or an organisational headquarters overseas?

Joining us on the podcast today is Jerry, who has recently transferred from North America to the EU, with the Netherlands as his home base. He has always been inspired by ideas that are new, small and emerging. This knack for up and coming technology inspired his entrepreneurial spirit, and he started his first company 15 years ago, which focused on web conferencing. That success taught him how to scale an organisation, and eventually led him across the pond to set his company headquarters up in the EU.

In this episode, we’ll discuss the differences between business in the US and the EU, and ideas for more modern approaches to growing a business in today’s startup culture. We’ll also talk about how different cultural norms around the idea of failure can sometimes hold aspiring entrepreneurs back from reaching their full potential.

Some Questions I Ask:

• What are the biggest differences you notice between the US and EU markets? (3:33)
• Are the pinch points in this transition more about navigating regulations or navigating culture? (6:30)
• How do you view the startup scene in the Netherlands? (9:23)
• Where do you see the strengths and weaknesses within the Dutch startup sector? (12:23)
• What advice would you give a Dutch entrepreneur? (40:21)

What You’ll Learn in this Episode:

• One major difference between starting a company in the US versus the EU (7:04)
• What Jerry loves about working in the Netherlands (8:10)
• How raising capital for a startup is on a different scale in the EU (13:50)
• How cultures differentiate between the concepts of equity and debt (18:03)
• Which aspect many startups fail to put enough effort into when trying to raise capital (19:42)
• What mature companies are focusing on outside of the “Venture Capital Vortex” (20:53)
• How the concept of failure is perceived differently in the US (28:41)
• Why scaling a business in the EU can be more of a challenge than doing the same in the US (33:58)

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