Over the past couple of days I’ve been watching presentations and interviews of Reggie Middleton, founder and CEO of Veritaseum. There is nothing I can say to adequately describe the potential impact his software company could have on the financial markets and ultimately the world. I know that’s a massive statement but if Veritaseum can do everything he claims, it will be another step in the rehabilitation process of global finance.
Claim #1 – Forensic Valuation Reporting
Veritaseum will sell forensic analysis and valuation reports that “set the standard in how professionals should gauge pricing, valuation and evaluation of blockchain-based digital assets.” A sample report on Gnosis is available for free with future reports priced at 100 Veritas(VERI), Veritaseum’s smart contract token. As far as I can tell these reports are in a class of their own and will command premium pricing.
Claim #2 – Peer2Peer Trading Software
According to Middleton’s website,
“With Veritaseum, one can literally tweet an entire trade, or click a Friend on Facebook to take the other side of a short Goldman long Facebook trade, or transfer BTC linked to the price of gold through a text message. All without having to trust who’s on the other side! This level of friction free finance leads to the inevitable…”
I would love for him to finish that sentence but I suspect he intends to let his product do the talking.
Claim #3 – The Financial Machine (aka SkyNet for Wall Street)
Referencing the Terminator movie’s SkyNet, Middleton describes Veritaseum’s financial machine as a “synthetic machine operated hedge fund.” The alpha version is expected to be finished later this week. Veritas token holders will then have the opportunity to participate in limited beta testing shortly thereafter.
Middleton has a near perfect track record of being ahead of the curve in the financial markets and that appears to be the case once again. The only way to access his software is through Veritaseum’s ERC20 compliant smart contract tokens known as Veritas(VERI). “If you don’t have Veritas, we don’t speak your language,” Middleton says. Veritas tokens are available here until May 26th, 9:30 a.m. eastern standard.
“Loans without banks. Trades without brokers. Contracts without Lawyers.”
If I’m not mistaken Reggie Middleton is about to drop the mic.