SPEAKER PRESENTATION – 10:05 am
Money is DATA: Learn how Data Affects your Business
At 14, Sean H. Worthington learned to program the Atari 400 computer. One of the first computers available. At 16, he won an international scientific contest that allowed him to go on a three month scientific expedition to unvisited areas of the Australian Outback. And at 18, Sean joined the US Air Force and became an FAA Airframe and Powerplant mechanic, licensed to fix extremely complicated jet engines.
Sean H. Worthington is the creator of CloudCoin, the world’s first Cloud-based currency and the author of the book Beyond Bitcoin: The Future of Digital Currencies.
He is a tenured faculty member in the Computer Science Department of Butte College in Northern California and an expert in computer information systems. Sean has completed all PhD work in Computer Information Systems and is working on his dissertation: Counterfeit detection systems.
His new currency, which he says is unhackable, untraceable, and can’t be lost, counterfeited, or double-spent, boasts transaction speeds 1000 times faster than Bitcoin, and can, if desired, be conveniently stored where governments, thieves, and hackers will never find it: in the CloudCoin owners mind.
“Clearly, digital currencies are here to stay, and we are pleased to present an innovator like Sean who is on the cutting edge in this space. It is an exciting opportunity for conference attendees to take advantage of his knowledge, experience and expertise,” said Doug Bedard, PCMA Chair.
“CloudCoin is the second technology to solve the physical integrity problem,” Worthington said, “It has the luxury of looking at blockchain’s mistakes, number one being scalability. The more people that use Blockchain, the slower it gets and that’s causing all this frustration and what are called hard forks and soft forks. They’re having wars about what the algorithm should be. CloudCoin does not have that problem. It’s scalable and very fast.”
“Sean will also tell us how monetary systems are, in fact, information systems”, says Georgina Blanas, PCMA Executive Director. He says, money is data and the job of data is to be accurate and to give us insight into how to conduct business. This type of information most certainly helps set the pace for the private capital markets.”