Constructing the digital money of the future with LODE Pay COO, Nick Prouten #100
“If you don’t have a digital strategy yet, it’s time to start thinking about it because what we’re witnessing in the cryptocurrency market is the biggest wealth generation event of our lifetime.” For anyone struggling to get to grips with cryptocurrency and how it all works, this episode is for you! Nick Prouten is a veteran of the tech sector and COO of LODE, a blockchain-powered gold and silver money system that is reinventing money as we know it. An expert in driving project growth, Nick uses his unique leadership style and vision to cultivate seamless paths to create value and transcend goals. A firm believer that diversity is strength, he has worked in a wide array of industries, ranging from cybersecurity, gaming, real estate, entertainment and blockchain.So, what is blockchain? Nick explains: “Blockchain is a virtual handshake that uses consensus algorithm (a series of computers that reach the same agreement, rather than have an intermediary like two banks) to validate that value is being transferred from one individual to another. eliminating the need for a financial institution or visa institution to validate the transfer of funds.”We discuss the different types of cryptocurrencies blockchain technology enables, how they work and if they are a worthwhile investment. We also talk about: The millions of funds lost to forgotten passwordsWhat is Bitcoin? The pros and cons of the cryptocurrencyPutting silver and gold back to work in day-to-day commerce The challenge of cryptocurrency as a practical spending toolYou can connect with Nick on Twitter @NicholasProuten and find out more about LODE by following @lodepaymedia on Instagram and Twitter or visiting lode.one.About The Nicole Bremner Podcast:Nicole Bremner is an investor, speaker, writer, and podcaster. After a successful decade building a multi-million property portfolio in London, Nicole was forced by a number of external obstacles to stop, take stock and figure out what really matters in life.Following a period of healing and reflection, she discovered that what doesn’t kill you makes you stronger and, so very often, setback is followed by real success. On The Nicole Bremner Podcast, she speaks to others who have triumphed in the face of adversity and explores the lessons they have learned along the way.To find out who’s coming up next on The Nicole Bremner Podcast, follow Nicole on Instagram @nsbremner and facebook or subscribe to her YouTube channel. You can also support the show here.Disclaimer:The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.Support the showDisclaimer: The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.