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How Do Algorithms Work to Improve Business? Noah Healy Interview Episode #CCLXVII The Doctor of Digital™ GMick Smith, PhD

How Do Algorithms Work to Improve Business? Noah Healy Interview Episode #CCLXVII The Doctor of Digital™ GMick Smith, PhD
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Aug 5, 2022 · 17m 7s

Noah Healy Founder at Coordisc When I look at the common thread that runs through all of my professional experiences, it is clear that I love to combine mathematics with...

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Noah Healy
Founder at Coordisc

When I look at the common thread that runs through all of my professional experiences, it is clear that I love to combine mathematics with technology to produce game-changing solutions. My inspiration came from my formal education, work experience and the breakthrough innovations developed by Alan Turing (and Frege and Church before him). Turing imagined machines with amazing computational power and ultimately brought them to life. His innovations tipped the scales of WWII and set the stage for the information revolution – of which I am an active part.

Early in my career, I used computational mathematics and software development capabilities to develop automations that boosted internal productivity, drove client efficiencies and improved regulatory compliance. Most recently I founded Coordisc and developed CDM, a technology product that has the potential to completely reorder the global financial system. CDM establishes a better exchange market for commodities by conducting all trades at market-clearing prices with radically improved price discovery, lower total cost of transactions and the elimination hedging needs. Only a fraction of current tradeflow can get this product off the ground and prove its power. From there, CDM can be scaled rapidly.

It is not lost on me that I have an enormous responsibility to produce algorithmic technology products that drive results, but also protect ethics and morality. One does not need to look beyond recent financial crises or their Facebook feeds to see that our rush for more powerful technology has eroded our civic, political, cultural and societal systems. I view myself as an “algorithmist with a conscience” and use tools such as game theory to design products ethically.

OwnerOwner
Coordisc ·
Jun 2013 - Present · 9 yrs 3 mosJun 2013 - Present · 9 yrs 3 mos

Founded a company that developed the Coordinated Discovery Market (price discovery achieve via a coordination game), a technology product that established a better exchange market for commodities by conducting all trades at market-clearing prices with radically improved price discovery, lower total cost of transactions and the elimination hedging needs. Developed/verified the system via discovering a method for pricing transaction costs and creating a disruptive commodity marketplace. Collaborated with academics and financial leaders to promote the system and devise an effective go-to-market strategy.

Mick Smith, Consultant M: (619) 227.3118

E: mick.smith@wsiworld.com

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Author of Burning America: In the Best Interest of the Children?
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burningamerica on Instagram

Kindly welcome a sponsor to The Doctor of Digital Podcast and be sure to check out their article:
Why Quality Over Quantity is the Key to Effective Content
https://docs.google.com/document/d/1at5wZVy3hgHZFAbFrvm0lG2cBUa-UPbnCWn5IFoavRI/edit#

If you are looking for more information or would like to sponsor an episode of The Doctor of Digital inform me at mick.smith@wsiworld.com.
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