Angela Wright of Noble ICO on Crypto Clothesline Podcast
Speaker 1:0:07Please do
Speaker 3:0:38Turn on the heaters. I also had to go and hide in another room for our last interview because my next door neighbor's dog, they seem to have this integrator and they know just when to back furiously right next to my window. Very frustrating.
Speaker 2:0:54Have you learnt how to manipulate them in a way? Maybe you can before interviews, get some special dog food or something or a barn and just flick it over the fence.
Speaker 3:1:05Oh, look at the risk of getting in trouble with the IRS PCA one time. That was so, so noisy. Like every time we went to a front postbox they would just go completely crazy. My kids couldn't go into the yard without them going ballistic and they'd only just moved in so they were super protective of the space, but I ended up grabbing a bucket of water and throwing it on them. Then that was the only thing that stopped them. Isn't that naughty? I don't know. Do they walk them? What do they do? I don't know. I haven't seen them being out and about very much anyway. It's highly frustrating. I did think I had this kind of moment in the middle of an interview this morning where they were going completely crazy and I was shaking my fist at them in the air, like a negative fist pump kind of a thing and screaming at them in my head going hoping that through esp I could send it through to them and I went, oh my gosh, you know, I've heard of road rage, but this is like buck range grade. It was certainly tragic. I mean, you get lawnmower rage, you know, there's all sorts of different sounds that impose on your life.
Speaker 2:2:10Do you know what my least favorite sound is? Mom? Mom, mom, far out today. We interviewed Angela right from noble ICO. She works with a whole heap of ICO and she told us a little bit about a few of them today. Free market token detail, the duty of care and you know when she was talking she talked a little bit about storing your medical files on the blockchain and if you go anywhere you can allow anybody in the medical field to have access to your past medical documents. There was this event, and I don't want to mention any names, you know, a family member. I was just having a conversation with him and his eyes rolled back in his head. He started to shake like he was having a seizure and I was like, I don't know what's going on, and you know the ambulance eventually, and they're like, what's happened?
Speaker 2:3:01I'm like, I don't know. He just started to be nonresponsive and it actually turned out that he had had an iron infusion that had gone a bit wrong. He had a reaction and if I hadn't been able to tell the paramedic exactly what had happened, if they had a copy, if they knew what they were dealing with, if he had, for example, if you can imagine the blockchain and everyone has their own wallet address for their medical records and inside their wallet address, you know, it has certain things that you can tell the paramedics. You can imagine that he'd have his wallet address. We'd all have our will address for our medical records on us. Maybe, I don't know. And you could just scan his wallet address or something. This is it, and paramedic information is available for emergencies. I was just thinking that that would have been awesome information to have at that time.
Speaker 3:3:51Well, I have two boys and that it'll go bless the stepson and I found out due to issues that I had with my little girl when my whole family got screened and my two boys had blood tests, I found out that they with them to see me, it is a condition of the red blood cells where they are smaller, they're malformed and by consequence they carry less oxygen around the body, so in and of itself, it means that these little guys can get easily tired. They need high iron content in a bit of slack if they're just too tired to do things. It's just a reality. What I didn't know was that a thalassemia minor, so they fallacemia minors not meaning that they're under age or that they're looking for bitcoin. It means that they have in mind is if you get a fellow Samia minor, fallacemia minor, and they come together and create a child that makes a thalassemia major and the child would tell us even major doesn't have a particularly long life expectancy efficient information about my husband's or my partners own condition. This was a condition he'd passed on to my kids, but he just didn't think to tell me about. It might seem outrageous and absurd and frankly is, but that would have been something that we could have discussed because maybe I'm the fellowship minor as well and maybe we could have created children that had much more compromised life expectancy
Speaker 2:5:11and having access to just that knowledge. You know, I think there's a worry, but I think you know that anyone can have access to it, but if we get to choose, that's more than what we have right now.
Speaker 3:5:23Let's leave the way things are right now. Like you say, there's no control. You go into hospital and you say, okay, I'd like to have a look at my records was chances are they're not exactly going to say right through. You met him, you can go into privacy loads and insist, but then it could potentially turn into some sort of lawsuit before you actually get access to your information and then you take that across all these different service providers, health service providers, in this case she mentioned from natural paths to gps to specialists of various natures like dentists and what have you. It's mind boggling in how many different health car parks your is stored is parked and actually you don't necessarily get to have a look at any of it. Let's have a listen today. We're joined by Angela, right. Angela is the founder of mobile ICO, which works specifically with blockchain projects and ics in the crypto space and she's also the founder of make crypto easy.
Speaker 3:6:16Thank you so much, Angela, for coming on the show. Thank you so much for having me here. I'm crypto clothesline. I love listening to you guys, so I'm so thrilled to be here. Can you tell us a little bit about yourself and what you're doing at the moment, the projects you're working on? What's fascinating? Well, I am a wife and a mom of five. I'm lucky enough to live at Sunshine Beach Noosa here in usually sunny queensland or that it's absolutely bucketing down right now, but normally it lives up to. His name was sunshine beach and I've been in business for very, very, very long time. I particularly focused on humanity plus businesses which are positive for people, planet and profits for good specifically for profit businesses typically, but life's too short to be involved in anything which isn't true to your values. I think so. What I love about business is it has the huge impact on prosperity and prosperity is the only thing really which guarantees peace in our world.
Speaker 3:7:15So that's my driver and what I particularly love about crypto and the blockchain is it's like business magnified a thousand times, so things happen much faster in the crypto world and the blockchain, untangle and lattice and all of the permutations of pop chain are able to solve problems which couldn't previously be solved. Which is the really exciting thing. I'm sure. I really appreciate the reference you made to the business being a bridge to prosperity and prosperity being a positive thing because of prophet being a positive thing, because I think especially for women, sometimes we tend to have this focus on work, work, work, work, work, and almost a guilt associated. If we're successful, we actually make money, so a lot of the reading that I've done over the years indicates that women even tend to self sabotage so that they are successful, but they don't make. I think you're absolutely right, and part of this new growing karate and growing awareness is that people are now conscious that what actually matters is energy and money is a form of captured energy.
Speaker 3:8:18Okay, so if somebody gives you a dollar or a thousand dollars or a million dollars, doesn't matter. That has come from somewhere. Oh, well I'll just. I'll touch on that in the moment. But typically money is captured energy because somebody has created something, has expended energy to create that money. Right? They might have dug a ditch. They might have written the song, they might have baked a cake, whatever the heck it is. It's a form of captured energy and it's really important just like sunlight and the ocean and so on, so there's been a lot of confusion around this and I personally believe that it's been deliberate in large part because if we look at who used to own the gold, well who owns the gold makes the rules, right? So if you want to control people and keep them doing your bidding, then you instill a lot of fear, a lot of guilt and a lot of confusion and whether that's been done in the past through religion or through empires or whether it's being done now through advertising, which is largely fear based because that's what stimulates us to take action.
Speaker 3:9:20It's incredibly confusing, but only now are people becoming more conscious and understanding. Actually what enables a peaceful world is prosperity. When people have nothing to lose, we see it time and again. When you have nothing to lose, then desperate actions take place. You need a comfortable, large, fat wedge of middle class in order to keep people protecting and enabling people to be comfortable and not succumb to this desperation. And it's really worrying when you look at the increase divide between rich and poor because when that happens, we've seen it time and over history and over hundreds, if not thousands of years that that's when disaster strikes. It's really important that we have this prosperity in our world and, and you know, that's a good thing. You can do a lot of good if you have enough energy and if you have enough money. So I'm very pro profit but not by taking shortcuts, not by stealing or lying or cheating by doing things right.
Speaker 3:10:21And typically the more service one gives, the more rewards one gets. And nowadays with our amazing access online, whether it's through the block chain, through the Internet, through a whole combination, we have this for the first time ever, we have this amazing transparent accountability potential, which means that we can choose where we spend our money, we can choose how we influence the rest of the world. And that's exciting thing. So what are you doing at the moment? Well, what projects on the blockchain are you working with? So I'm involved in Crypto, in the blockchain on a few France. Most people actually know me through make crypto easy. So I run a program called make crypto easy, which is for people who want to have a deep understanding of what this is all about. If you think that the blockchain, you know, the very first block was mined, the very first bitcoin was created back in 2009, you know, it's not very long ago.
Speaker 3:11:20So in the nineties this mathematical innovation was discovered, you can say created or discovered, but you know, the knowledge was there all the time. No human has ever put it together until Sitoshi or he or she or they created the blockchain. So that was in the nineties. That's super recent. And so what I do is I help people understand what the implications of this and in particular, how you can get involved in is interesting that increasingly women are wanting to become involved because they want their family to be freer. Very often, yes, they want financial freedom for themselves, they want freedom for confusion, but more and more women are saying, I want to set my husband free. I want to have time with him, you know, while we've got time together or their partner. So most of the time it's with Crypto, easy. That's how most people know me, but I also run noble Aco and that came about because people contacted me and said, Angela, my friend needs help with his ICO or we're launching an ICO.
Speaker 3:12:17We want to have a clear strategy clear program with that. So that's how noble ICO came about and I called it noble ICO because I believe that crypto and blockchain and posted blockchain is all about mobility. It's about this incredible potential for human endeavor. That as I said for the first time, we can solve all these previously unsolvable problems and we can enable this transparency, this accountability so that you don't have to, for example, inadvertently subscribed to a cell phone service and mobile phone network which is directly funding the arms trade. And that's just one tiny example. But that's the reality. To have the biggest service providers are actually owned by one of the biggest arms trade dealers in the world. Well, who knew and I actually subscribed to that service inadvertently for years when I was traveling overseas, but I don't know because I don't particularly choose for my money to go there.
Speaker 3:13:18That's just blown my mind. Yeah. I'll tell you who it is. It's Vodafone and Safari. Com. So so far we come across Africa, Vodafone across most of the world. If you trace back the ownership of who that is, you go right through tails. You go right to the adults who own a number of weapons and arms trade companies, including in Australia. They bought a lot of companies around the world. Well, there's two things there aren't there? One is who knew and people want to do that. That's fine if you choose to that. I'm not making any judgment. I'm only saying what works for me. I don't personally want to do that. And the second thing is, who in their right mind would think it would be sensible to provide a control of some massive communications networks to affirm, which also is highly instrumental in. Well, that's very troubling.
Speaker 3:14:09I mean it's enlightening and anything enlightening. It's fabulous, but it's very troubling. Yes. But please don't get to travel because otherwise I think that's why so many people don't take action. Even small actions like deciding where to spend your money, which has a huge impact. For years ago I used to teach a program called Kim free kids and it was all about releasing information to consumers about how much chemical and toxic product was used inside of shampoos, conditioners, all the things that we either our children in. And so the whole message at the end of that was we'll just take tiny actions to just change one product. You swap out one product. So I get that. I totally get that. And now we see a movement where most people in my community, a completely stepping away from those products that has made an impact and it's taken time. But you know like a stone in the pond with the ripples touching the far banks.
Speaker 3:14:58I agree. What projects in the crypto space are you working with as noble? ICO. Oh, thank you for asking. There's some really interesting projects that I'm involved in, so if I can just touch on some of them that would be really good. Right here on the sunshine coast. I'm involved in three. Actually two are sort of prevention a bit too early to talk about it. So I'm going to ask if I can come back as soon as we're public on the other two because they're super exciting. But the one that I can talk about right now is the d health network. So this is about decentralizing global health with Ai, with the blockchain, with robotics. It's about connecting health consumers, providers, researchers, institutional investors and action projects. It's such an interesting project because they were actually over a hundred health oriented ICO and coins or tokens right now, but what sets us apart are a few things including it's actually owned by the community and so rather than being just another privately owned entity with many of the others, it's just like a newer style of a closed database that they had earlier and they've incorporated the blockchain and they've said that having an ICO, but actually there's not a huge amount different with the health network is owned by the community.
Speaker 3:16:19So if you take parts and you can take part for like a dollar to buy a dht think is other seventy seven cents or a dollar depending on if you're talking Australian or USD, but just for that you can actually take part and then taking part now are really two sides to the health network. It's quite a radical project. On the one side, a sort of customer facing side if you like. As health consumers ourselves, we can upload all of our health records. So I don't know about you, but I've got health records for my dentist from my gp or my western doctor from my traditional Chinese medicine doctor as well, and then I've had x rays, cat scans and Mris and I've had five babies, so it's various bits of health information there. And then I've also got inflammation perhaps with a nutritionist or a naturopath or whatever.
Speaker 3:17:05So for the first time you can actually upload all of your data, which means that your medical professional has access in real time to that. But why does that matter? Well, I'll give you, just give you a tiny, tiny example. Your dental health records directly portray your likelihood for having stroke, heart attack, or type two diabetes just from your dental health records. And yet your doctor very rarely has access to your dental health records, which is crazy, isn't it? Absolutely crazy. So just for that very simple example, it shows how easy it is to improve the ability for your own doctor to be able to accurately see what your health is doing. The other side of that is if you're traveling, say you were overseas on holiday or whatever and you need to see a doctor and you could see a brand new doctor who could have access to all of your records and slash or your own doctor could talk to you through the wonders of telemedicine through video partners that we've got and so that suddenly puts the consumer back in control because typically you don't own your health records.
Speaker 3:18:09You know, if you go to a hospital, they're not going to show you all of your health records. If you see your doctor, he or she's not going to, and the other side of that is for a typical doctor's surgery here in Australia, it might cost them somewhere between a quarter of million dollars and a half million dollars a year to manage health records, which is huge amount of money that could otherwise be put to better use by uploading to the blockchain, by you managing your health records on owning them. Virtually all of those costs are removed so that money can be put to better use this. As my mum always said, you can't spend it twice, you know, if it's being used for something nutritionist or a naturopath or whatever. So for the first time you can actually upload all of your data, which means that your medical professional has access in real time to that.
Speaker 3:18:54But why does that matter? Well, I'll give you. Just give you a tiny, tiny example. Your dental health records directly portray your likelihood for having stroke, heart attack, or type two diabetes just from your dental health records, and yet your doctor very rarely has access to your dental health records, which is crazy, isn't it? Absolutely crazy. So just for that very simple example, it shows how easy it is to improve the ability for your doctor to be able to accurately see what your health is doing. The other side of that is if you're traveling, say you're overseas on holiday or whatever and you need see a doctor, you could see a brand new doctor who could have access to all of your records and slash or your own doctor could talk to you through the wonders of telemedicine and through video partners that we've got and so that suddenly puts the consumer back in control because typically you don't own your health records.
Speaker 3:19:50You know if you go to a hospital, they're not going to show you all of your health records. If you see your doctor, he or she is not going to, and the other side of that is for a typical doctor surgery here in Australia, it might cost them somewhere between a quarter of million dollars and a half million dollars a year to manage health records, which is huge amount of money that could otherwise be put to better use by uploading to the blockchain, by you managing your health records and owning them. Virtually all of those costs are removed so that money can be put to better use this. As my mum always said, you can't spend it twice, you know, if it's being used to something they can't be used for a better good. So that's one side of the health network and as part of that as well, it's quite funny because the sicker you are, the more valuable your health records are going to be because you could actually agree if you chose to, you could agree to make your health records available to researchers.
Speaker 3:20:46You can that through smart contracts, through the blockchain, super simply and actually get paid for people having access to your health data. It could still be anonymous so they wouldn't know it was Angela writes health data for example, but it might know that it was belonging to somebody with my ethnicity, with my age, with my exercise regime, with my eating habits or whatever and how many kids I've had, et Cetera, et cetera. So suddenly researchers have got access to a huge pool of very reputable data because the great thing about block chain, if anybody's listening and doesn't quite understand, maybe somebody is new to this. We blockchain chain is really like a triple ledger. So we've always had double entry bookkeeping, we've had that literally for thousands of years, even when we were counting money and in seashells or whatever. So money in money out. But the trouble with that is people can rub it out and race it and fix the numbers.
Speaker 3:21:38And that's essentially what caused the last GFC, right? It was bankers fixing the numbers, fudging the books with the blockchain. You've got this triple ledger, which means it's immutable and you literally can't wrap it out. You could almost imagine it like a piece of perspex being put over your account book. So you literally couldn't change the numbers underneath and if you wanted to you could write something new on it, you could add more data. But the old data is always there. So that's a great thing about the blockchain. So we all know maybe not everybody does, but there's huge overwhelming body of evidence to show that pharmaceutical trials, just as one example, are often cherry picked. And this is actually allowed by law. You can basically run a number of trials until you get some results that you want and then only show those. And yet with the blockchain, with this immutability, suddenly you've got a lot more access to the reality of data and again, it comes back to the consumer having that knowledge.
Speaker 3:22:33Whereas in the past we were at maybe treated like mushrooms kept in, I really, really, really, really want this to go ahead. But the pharmaceutical companies are huge. They have massive impact on, you know, all the drugs that come and everything that comes out is d health network sort of working with that reality. It's a really good question and a really interesting point. So another organization that I'm a little bit involved with is a part. Just as a very simple example. Some pharmaceutical drugs are great, you know, they really are. If you need some innovative science, you need access to that. You're going to say thank you very much. My Grandmother, who was born in Nineteen, oh two, she lived to be over a hundred. She would refer to antibiotics, is biotics who emerged. She'd always talk about biotics. And for grammar, it was a miracle because grandma's favorite brother, one of my great uncles died because he got soaking wet in a rainstorm when he went out to get the carer's endeavor and on the farm and he turns into a fever and he died.
Speaker 3:23:39That wouldn't happen today. So we have to be grateful. I'm not one of these rampant sort of Nazi health zealots who think that everything scientific is bad, far from it. I believe in integrated health and taking the best of western and eastern and all modalities, but really looking at what's grounded in fact. And the great thing about this new era that we're entering into is that the consumer has access to far more facts. The other organization that was going to mention to you is they're taking pharmaceuticals and enabling people to have access to buying specific pharmaceuticals that they need from a variety of locations instead of being subject to the restrictions. There are sort of restrictive trade that can sometimes jack up the price of Pharma drugs. So for example, if you look at the US, it's very well known that US citizens pay through the nose, pay very much over the top for their pharmaceutical drugs.
Speaker 3:24:39You can buy the same thing far more cheaply across the border in Canada for example, and certainly more cheaply in Europe for example, and you would think in today's interconnected world that's wrong, that needs addressing. So this other organization which is still free public mentioned, so perhaps I'll talk to you about them again in the future. They're enabling people to buy through their own doctor from a variety of different sources so they can compare a little bit like Amazon for Pharma if you like. That's one side of it. And it's been restrictive trade practices switch. Certain presidents are talking about reintroducing trade tariffs. Okay? And it's completely contrary to having this open and decentralized world where citizens are free to travel and free to choose to buy what they want. So the problem with the pharmaceutical industry that you were talking about is a big problem because there's the old saying, isn't there power corrupts and absolute power corrupts absolutely.
Speaker 3:25:36And when you allow a very wealthy industry to directly influence government, I think it's called a lobbying in the polite sense, but actually it's more like bribery really and directing for own profits. When you allow industries to do that, then it becomes very dangerous for the consumer and in fact I would love it if you might want to share a link to one of my books, which is a supplements because one of our separate businesses is very high quality, genuine supplements, genuine ingredients at the right dose. It's quite rare and supplement industry. So we sell these health supplements and I did a lot of research in the early days and I wrote a book about it and as part of my research I'd discovered something which is not widely taught. I never learned it in my history books at school, but it's absolutely factual that during the Second World War who actually owned the concentration camps in Nazi Germany was pharmaceutical companies, Rg Farben.
Speaker 3:26:40Farben was disbanded as an organization during the Nuremberg trials post second world war. They're executives were tried for crimes against humanity. It was largely at big drug experimentation. That's what they were. The concerning thing is it was, as I said, disbanded. It was split into a number of smaller companies. Each became 20 times bigger than nine to five and after this, but the really concerning thing is that those companies were headed by convicted Nazis for the first 13 years of their existence itself, the Second World War, so you can't tell me that those particular organizations are perhaps humanity, plus a lot of these very disturbing issues which can make some of these sorts of throw in the towel and say it's all too hard. I don't want to know, but the beautiful thing now that we have for this transparent accountability and this ability to fact check, so it's not just.
Speaker 3:27:31It's so far beyond the Internet. Now the Internet's a wonderful thing, but there is no doubt there's a lot of junk on it and it's very easy for people with money to manipulate the facts that can be found right. It's really relatively easy to get things on page one or two or three or dominate the searches or whatever. Just like the newspaper game. Right? It's very easy. If you have a newspaper owner who has a particular political point of view, for example or particular advertisers, it's were easy to slumped or weight the facts, quote unquote, that are presented, whether it's in the media, offline or the media online on the Internet. The difference, the difference that we have now with this distributed ledger technology, whether it's blockchain or tangle or chain or whatever is this facts can be changed. That's the beautiful thing.
Speaker 2:28:19Even though the blockchain, it's moving fast, but it's still baby steps. So there's tiny little bits of technology, tiny little ideas that are moving forward. One step at a time. Some of them are going to go through, some of them aren't, but we're still making progress and it's all in the same direction. A remedy to the current big Pharma or the media or you know, people not having access to their own documents. So in slowly whether it's centralized or decentralized, it still feels like it's all going in a different direction. So I do have complete faith. I do worry about the people who were leading it, putting themselves on the front line against pharmaceuticals. Do you know what I mean? Because they're not known to be nice sort of guys. Girls think that's it's a
Speaker 3:29:02point. However, there's that famous doctors expression isn't that exposed to diagnose and when you're shining these lights, these like search lights onto practice now and people are becoming more aware and particularly aware of options because what I think stifles people from taking action is to think, crikey, I didn't know that, but now I do. I really wish I didn't know it because the alternative seem too hard. So I'll just bury my head in the sand or distract myself or tv or too much wine, or is that sort thing? Or whatever it is. You can say, oh, okay, so here's one option, but here's another and here's another one. Here's another, and which actually fits best with me, which fits best with how I want to live and what my beliefs are. So again, I think it's about looking at all of the available data and then doing what you believe is right for you.
Speaker 3:30:05And while there is undoubtedly a huge amount of interference, shall we say, to put it politely from certain vested interests that is becoming less easy for them because now we have so much data readily available to us. So if we're talking about data, you know, let's talk also about artificial intelligence and robotics and the Internet of things and it's a jolly good job that we do have the blockchain and post blockchain available to us because suddenly we're going to have this plethora of data from the Internet of things, whether it's from your air conditioner or your self driving car, which is, you know, literally just around the corner and a few years away or any of these aspects, your social media or whatever it is. There's so much data that's available and so much activity in this Iot, this internet of things arena that we're going to need to be able to manage this data and we're going to need to manage it in a way that's immutable.
Speaker 3:31:01It can't be fudged after the fact. So I think yes, those concerns would definitely been true in the past. But now people have more knowledge for sure and so are less accepting of this manipulation. If you look back in history, it was very interesting what the British did to the Chinese going back a few hundred years. We imported a lot of heroin, opium into China and use that as a way of getting access to trade and making lots of money so that you had a lot of opium dens in China. It was brought in by the British and I'm ashamed to say, and that's a fact of life. Even check your history. It's fact of life and that's happened in a number of areas throughout history and what we have now in the states is something that's causing a lot of uproar, which is the opioid problem where you have a huge quantities of people addicted to legal opioids, so they'd been given opioids which have been pushed by the pharmaceutical industry.
Speaker 3:31:57I'm not saying that all opioids are bad. They're not. If you have surgery and your stipend for something, you're probably going to want some opioids to be quite honest and you'll be very grateful for them. However, when opioids are dished out like candy, and I've had firsthand examples of this for medical and nonmedical friends in the US, they've been given out so glibly because it's a very large, lucrative industry that almost seems like a replica of what's happened before and yet people know about this now and it's a curious thing that before the western world went into Afghanistan and there wasn't so much opium coming out of the poppy fields and the Taliban are terrible. Don't get me started on that. Absolutely terrible, but they did destroy a lot of poppy actually. Whereas now you've got more heroin coming out of Afghanistan than ever before.
Speaker 3:32:46Ever before. Something like 90 percent of the world's supply comes out of Afghanistan and yet it's covered in groups. So it's a very curious thing. None of these are very strange thing and yet people are becoming more and more aware of what's possible and what isn't and the influences and the ramifications. And so we have these different choices. You know, awareness and exposing to diagnose and shining the light of knowledge and the investigation when there are also potential options for people to choose. That's exciting thing. I think I have two questions, but one of them was, for example, the health and all of our information on the block chain or whatever work is chosen. If that backdate it, is there some sort of mandatory arrangement where LGP, natropathic, Hira, whoever goes back and puts that inflammation on or is that from this point in time forward, you can't sort of backdate, so it can only be as from today's date or whenever today is, but you can put in your prior medical data knowing that somebody's insurance policy is often very much or should we say marginalized or affected by somebody past history.
Speaker 3:33:55So for example, your mother dies of cancer and the insurance company get to hear about it. Then guess what? Your premium is already opened the roof, the likelihood of you dying or something similar or something similar. So how would that be for the consumer having the data so liberally available. So first of all, you decide who gets access to what because if it's your data, you've got that ability. Whereas with most other options, you don't own that data. So it's not up to you. However, I'm not suggesting anybody lives their insurance company. However, at the moment when you fill in a form, and I had to update mine just the other day, they ask you all those questions anyway, don't they? You are asked, you know, is there diabetes in your family or I conveyed it to whatever the hell it is. It's a way of making it real I suppose.
Speaker 3:34:42So you already asked that info and it could work in your favor. Couldn't yet because just like I think women can often get cheaper car insurance for example, or certain segments of society can get cheaper insurance because they're proven to be a level of risk in the same sort of way. If you look after your health, if you avoid dramatically processed foods and do all the things that we know can increase our telomere length and can increase our longevity and our health and so on, then surely you'd want to have the ability for reduced insurance premiums or even you might choose to self insure because if you as a consumer have access to data, you might either choose to self insure, which if you can afford to do it, it's going to work out cheaper in the long run for the vast majority of people because insurance companies make a profit, right, and they make a profit even after spending lots of money on fancy buildings and glossy effort.
Speaker 3:35:35So it's all coming out of your insurance premiums, isn't it? Or you might choose to look at a specialist insurance company who say, give us your data and we want to insure people who do x or y or zed. In fact, you can already do that, but sometimes the data is skewed. So I think it comes back to trying to put the individual in control. I was just gonna say I experienced a certain weariness with the notion that anyone practitioner can have access to a whole lot of information. Well that seen as a positive thing. Having all my data in one place, I would be very keen to know that I have control over what it was released. For example, if my daughter is having a difficult time and she is referred to a psychologist, I'm very wary that psychologists can make very easy labels which then stick with a child through their entire health record and schooling.
Speaker 3:36:27I think you're absolutely absolutely right and that's why people really want to be aware of what their options are because the last thing you want is to have either faulty information about you or freely available information about you. When we've all seen the facebook issues, haven't we were. All of that data has been shattered and there been instances too numerous to count really about what happens when people can't control their own data. And right now the vast majority of health data isn't owned by the consumer, and yet it is your information and you should be able to do what you like with it. You should be able to restrict that access to whoever you say, either nobody or people that you personally authorized or if you wanted to, to allow the Amnon nymity of your data to be available to researchers if you want to, but certainly not to have data that you can't control to be publicly available.
Speaker 3:37:29You're absolutely right. I think that's really important for a brilliant example of blockchain technology in action. Oh my goodness. There are so many fabulous examples you have given us Angela. Yes. So there's lots of talk about. I'm sorry to take up so much time at the other. Is One more. Can I just talk about one more right here in Queensland? Yeah, sure. So free market token is seeking to address and is addressing actually because again, it's alive. While it's not an idea, it's alive one. So free market token enables the easy on ramp and off ramp to ecommerce. So if you want to buy or sell something, instead of using gumtree or Ebay or Amazon with their very high fees and their restrictions and so on, you can actually use crypto store that's powered by free market token. So free market token exists to enable peer to peer crypto marketplaces.
Speaker 3:38:22So what that means is peer to peer is like, like Ebay, right? You put something on Ebay and I buy it or I put something on Amazon and you buy it or Gumtree, but the problem with that is at the moment they're only accepting fits as in Australian if we are in Australia or some of instances in the US us day or whatever. And very often you might want to choose to buy and sell in different currencies. For example, say my cousin in Great Britain wanted to buy something in great British pounds, but it was listed in Australian dollars at that person would pay through the nose because the merchant payment gateways take visa or mastercard or pay pal, charge a lot of money to do that paper was just instigated a charge of more than the next or $5 each time. Foreign exchange payments in addition to the forex foreign exchange sort of translation from say Australian dollars to USD or two great British pounds or whatever, so you pay over the odds because of that.
Speaker 3:39:18That was a great thing with a crypto store, which is powered by this free market token. When she's in Icu, you can gauge a free market token to io to find out more is this enables you to buy or sell in different currencies and in different cryptocurrencies. So there's been other attempts at other ecommerce on the blockchain, but the vast majority of them will only accept one currency. Whereas with a crypto store will accept up to 40 different cryptocurrencies that you can buy or sell in. And of course if you do that across borders, you know, two different countries, there is no foreign exchange fee and also there's no fees that Amazon charges, which is a huge amount of Amazon charges, a lot to sell his ea as well. Charges Future Service even garmentory does. And you're also not paying the difference if it's in different currencies.
Speaker 3:40:07So he crypto store and she can visit from free markets. Open.io enables you to buy and sell in. So it's a really good example. They're currently in their first phase of a crypto store. They've got a second, our version two coming out within the next five weeks, which is looking absolutely fabulous. But right now he crypto stories live. It's working. You can get listed in just a few minutes and if you've got more than about 20 items, the boys will list it for you. This is three boys on the Gold Coast. They've got a long history in software, in tech, in much into carrots and they're very, very switched on.
Speaker 2:40:45They are amazing. So we've got the free market token and we've got d health, we've got duty of care. And what stage are these apps? Can we contribute? Can we support them?
Speaker 3:40:55Yes, you can. Yes you can. The presale is is open right now for free market token. There's another 28 days, just over 28 days to go for free market token. So definitely I'm taking a look at that with the health network. We're running the ICO until October, so you've got a little while for there, but I would strongly recommend people have a good look at this. This is not financial advice. I'm not a financial advisor. These always do your own research and I dyar
Speaker 2:41:22well thank you so much Angela for coming on. It's been an absolute pleasure. Your brain must be gigantic. Things
Speaker 3:41:29like, no, not stop. I just surround myself with very clever people. Thank you so much for such a wealth of information. You're very welcome. But likewise. Thank you both for all of that you do and you share a lot of knowledge yourself and you have some other great guests on your podcast, so I've really been pleased to know you through that. Thank you. Oh my gosh. So much information. So informative. And I love the way that Angela is so eloquent in the way that she can express ideas. She's a mother of five, she's clearly had a lot of life experience, but she just sounds so.
Speaker 2:42:05She's only in the blockchain space and is involved with ics. She's literally surrounded by juice all day. I'm extremely jealous. She talked about the blockchain, how, you know, it's, you can store your documents and it's making all these changes at the same time. I don't think anyone's considering the changes that we're going to see in legislation. So now we've got the freedom of Information Act and this just sort of dawned on me while she was talking and the freedom of Information Act. It only applies to document. All of our information is in document forms at the moment. So basically with the freedom of Information Act, do you go out and you ride a form and you say to the hospital, I want access to my documents and they have to give it to you based on the freedom of Information Act soon. And um, this is where I'm sort of, I'm like, what's going to happen?
Speaker 2:42:50Because we want access to our information or to someone else's, you know, our daughters, our sons information, but when it's on a blockchain and you need to access keel, loved ones information, how is that going to work and how is that going to impact on legislation? Are they just going to rewrite all these laws because there's so much legislation that applies to our archaic system. Blockchain's gonna totally revolutionized so many industries and there's so much legislation around these industries. I'm just like, I don't think anyone is thinking about the politics and the legislation. It's going to cost billions of dollars to rewrite that stuff. What about that conversation we had a few months ago with Bonnie, you where she talks about the right to be forgotten. What if you want to actually have the right to have some of your medical information or raised or. I know you kind of raise things from the blockchain, but what about the right to be forgotten?
Speaker 2:43:46Once your information is up there, can you then have the legal right to have a different block that comes up and says, right, we want to amend this previous block and change the information that's up there and what about human error in uploading all of this stuff in the first place, given that it's immutable and that it can't be tampered with once it's up? Yeah, exactly. I think obviously it'll develop to a point where it's, you know, streamline and everything runs me, but until then there's going to be hiccups. There's going to be things that don't run smoothly. If, for example, you know, I might go to the hospital and they actually have implemented blockchain technology, this hospital, so you go there and they created a new account for you and the person on the other side of that crazy screen that you can't climb through an attack. The lady over there, they have all these degrees at the hospital. It's crazy. And so imagine if this lady, the administration person types in your wallet address or you know, she allocates a block for you and then leaves it and accidentally allocates it to the next person. There's your medical records with somebody else's name attached. Human error isn't being taken into account with this permanency.
Speaker 3:45:01Oh, there was such scope for human error and I don't think there's one of us on the planet that could claim not to have made a mistake, especially a typing mistake.
Speaker 2:45:10Absolutely. And that's why why that was created. And then spellcheck,
Speaker 3:45:15if you can't have white out on the blockchain medalling, you just can't.
Speaker 2:45:19Is there a base for mistakes? I don't think so.
Speaker 3:45:22Food for thought until next week. We're a bit. Some of this week we should be having a bit of a laugh.
Speaker 2:45:27I'll think of a joke. We had an interview with Michael O'connell a couple of weeks ago. Here's a comedian and he's. He's a bitcoin comedian, and I decided that I would go see one of his shows, which I did and I bought him a beer and I had a conversation with them. One of the things that he does is he juggles any shows which I actually thought was going to be really lame. I have a problem with being awkward and in conversations, particularly when it's the first time I've physically met somebody and I'm looking at them in their face and when I was that man conversation and he was saying, yeah, I've been juggling for awhile, and then my partner said, yeah, a friend of mine, he juggles two, but he juggles beer bottles and he works behind a bar and I said, and he gets way more sex. It was just like, there was just this uncomfortable silence. It was like, I don't know why I said it, but I was just thinking, oh, guy behind a bar. Right? Oh, that's hot. You know, like, and I just vomited out stupidity in front of one of our previous guests and it was,
Speaker 3:46:27oh my gosh, that's so funny. Funny, terrible. But Michael is such a sweet guy, but I'm sure he's probably gonna to use that as a line in one of his comedy is like, I just see him up on the stage. Greg. I was talking to a woman in the bar the other day because he's really good at taking the mickey out of him today. Well, she said to me that the bartender juggling via buddles is going to be getting more sex than me juggling. I don't know how she worked that one out. I mean, you were kind of inferring that he wasn't getting any awkward. Michael, we love you anyway to next week. All right. Thanks for making me laugh. Oh, you're welcome. See you next week.
Speaker 3:47:04Hi. You've called the vet and David Rose had crypto close than maybe message after the.
Speaker 5:47:12I hear you saying something along the lines of, you know, when you transfer money, daddy's your vision of money like that beat coins staff or the, the digital crypto currency stuff that, you know, there's very little banking fees. Those bank transfer. I just don't see what you're talking about. I paid a very nominal amount when I had to sit in the sun, a couple of hundred bucks because he ran out of money last time he was in Bali with his aids. Now I sent him I think roughly, you know, a hundred or $200 back, something like that, and I think it only cost me about $25 for that transaction. I don't see the need to reinvent the wheel at. T seems to me that he is just all very unnecessary. Bunch of nonsense.