by Rushali 
Let’s start by asking ourselves a simple question.
Is digital really digital or is it just a representation of analog systems in a digital form?
If you come to think about it, then you will see that most of the digital systems are not at all digital and are just a digital form of all the analogue systems, let’s take an example of a trading card collection, we can trade cards on the internet but, is it really digital? No, it is not, you will have to possess the original physical trading card to actually demonstrate its value digitally. These are the limitations of the traditional internet, according to me you can still just talk over the internet, you can just transfer information on the internet that’s it.
You may ask, this is a cryptocurrency blog then why are we discussing this here. Well, I will answer this question with another question…Is currency or money actually digital, the balance you see when you log into your “Internet banking” accounts? Is it actually digital? Think for yourself.
Simply, that’s not the case with Non-fungible tokens, art, trading cards and in that case the currency, The elephant in the room, The cryptocurrencies like bitcoin, Ethereum and other numerous altcoins. They are the real digital form of asset that actually holds value digitally on this planet, An actual global digital value. Today we will take a look at the personality behind the transformation of the word “Digital Banking”.
We will talk about Simon Taylor, the guy behind the digital banking revolution, the work he did, his inspirations and his life.
Introduction
Simon Taylor is the co-founder and head of ventures at 11: FS a Fintech consultancy firm that helps the challengers in the financial services industry to transform helps existing companies to build a real digital model for their business, like banks and startups looking to scale at speed.
He is also the founder of Global digital finance, another company excelling in the digital finance space and specialized in digital commerce specifically dedicated to the advancement of Nextgen fintech.
They identify themselves as “people bringing together global experts to engage policymakers and regulators to advocate industry best practice.”
Simon Taylor completed his formal education in HND, Software engineering from Bradford college situated in Bradford, England. It was not as always, he wanted to be a founder and co-founder in the digital fintech industry.
Taylor started his career working as a business analyst in BT global services in 2000 and then moved on to the role of the Project manager in TSYS in 2009.
Also Read : Chris Burniske Net Worth
After handling the role for a year then he was promoted as the innovation lead in the same company. This is where it all happened, according to one of the many speeches from Taylor in one he mentions how he got into the bitcoin and crypto/blockchain space.
It was a bad time for him, he was going through a breakup with his girlfriend and decided not to indulge in Jack Daniels instead he would do something productive so, he went for a seminar for bitcoins in 2014, and he got into it so bad that he started researching and learning about the whole blockchain technology behind it and how it can transform everything, surely he agreed upon the bubbly growth of the bitcoins value but when he started seeing it in the balance sheets of PayPal and the Cash App, He knew it is here to stay.
His passion led him to be appointed as the blockchain Research and Development VP in Barclays, in 2014.
After working as the VP for Barclays for almost close to three years he laid the foundation for Global Digital Finance (GDF) and co-founded 11: FS in London, the United Kingdom in 2018 and 2016 subsequently.
Conclusion
We can’t really get into the Net-Worth of every personality, some influencers are working not to be rich and they are not just looking at the prospects of the value of what bitcoin holds in the future but, What’s the technology holds behind currencies like this. I am in no way saying that Taylor doesn’t invest in bitcoins or have any holdings but, there is no information about his holdings or if he even holds or trades in cryptocurrencies or not. He is one of those people who actually has a vision about how to revolutionalize humanity by using this emerging and evolutionary technology called “The blockchain”.
1 Comment