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The Bitcoin Podcast Network

The Bitcoin Podcast Network is an independent media organization since 2015. A daily collection of long form conversations, in the form of a podcasts where the world's leading thinkers and doers give us a slice of their perspective. Look for talks on Cryptocurrency, Blockchain Technology, Global Issues and much more. Founded by Marcello Milteer, Demetrick Ferguson and Dr. Corey Petty.
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Now displaying: Page 1
Mar 21, 2017

On this episode of BlockChannel, McKie, Dee and Dr. Petty are joined by Richard Craib. Richard is the mind behind “Numerai”; an AI-based hedge fund that feeds off of data science and machine-learning modeling. Models that are used on Numerai for algorithmic trading are submitted by users (Data Scientists) on the platform, where they are rewarded “Numeraire” tokens for successful modeling. Numeraire is not a currency in itself; the tokens are used for Data Scientists to essentially “bet” on their own machine learning models and how well they’d actually perform on a live market with real money. This form of “staking” allows the scientist to essentially receive a dividend of sorts for their successful modeling. As the success of Numerai grows, so will the overall proportion of funds being paid off to data scientists.

This project is made possible my utilizing the Ethereum public chain; we believe it’s a ground-breaking concept, one that hopefully is replicated across other hard sciences. Dive in and keep an open-mind!

Support the Show! ETH Donation Address: 0xa368e33E927D825F5FD05463E6A781414672251c

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Intro/Outro Music “Comeback” by Umai: Thebaygerian – Comeback-1

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