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Blake Hall

👤 Person
540 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

We have to go out to different databases that are sources of truth for medical professionals. And so this is where I start to geek out because what you want to do is you have to be like, what's the source of truth for whether or not you're a medical provider?

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

We have to go out to different databases that are sources of truth for medical professionals. And so this is where I start to geek out because what you want to do is you have to be like, what's the source of truth for whether or not you're a medical provider?

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

It'd be the federal DEA number, Health and Human Services is a national provider identifier, and then state medical licenses are issued at the state level. For military, it's obviously DOD, VA, and then maybe non-intuitively, the National Archives is actually the repository of military records down in St. Louis.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

It'd be the federal DEA number, Health and Human Services is a national provider identifier, and then state medical licenses are issued at the state level. For military, it's obviously DOD, VA, and then maybe non-intuitively, the National Archives is actually the repository of military records down in St. Louis.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

And this is what we call the trust graph, which is maybe this isn't just for everybody. It's only for tax professionals or lawyers or for doctors or for... HR staff at Social Security uploading W-2s and W-3s. So you have to figure out what's the source of truth for that claim. If you said, I went to Notre Dame, how would I know that?

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

And this is what we call the trust graph, which is maybe this isn't just for everybody. It's only for tax professionals or lawyers or for doctors or for... HR staff at Social Security uploading W-2s and W-3s. So you have to figure out what's the source of truth for that claim. If you said, I went to Notre Dame, how would I know that?

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

We can actually go back to the registrar at Notre Dame with your permission, and we could find a record in the registrar's database that shows that you went there, your graduation date, and your degree. So a lot of the connectivity you have to build is our connections into sources of truth. As you say something... we can instantly go out and see if it's true.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

We can actually go back to the registrar at Notre Dame with your permission, and we could find a record in the registrar's database that shows that you went there, your graduation date, and your degree. So a lot of the connectivity you have to build is our connections into sources of truth. As you say something... we can instantly go out and see if it's true.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

And so maybe the distillation of all this is that if you're like, everyone knows if you're out at a bar and if you like walk up to a girl cold, you're fighting an uphill battle from the start. But if you, for both of you, because he's like, who are you?

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

And so maybe the distillation of all this is that if you're like, everyone knows if you're out at a bar and if you like walk up to a girl cold, you're fighting an uphill battle from the start. But if you, for both of you, because he's like, who are you?

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

But if a mutual friend introduces you and says, oh my gosh, Patrick is amazing and vice versa, then all of a sudden you're into an amazing conversation. That's effectively what we're doing. We're that trusted intermediary, kind of like Visa between banks and merchants, but for a lot more ID cards to say, hey, this person just said they're military. A merchant's like, I don't know.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

But if a mutual friend introduces you and says, oh my gosh, Patrick is amazing and vice versa, then all of a sudden you're into an amazing conversation. That's effectively what we're doing. We're that trusted intermediary, kind of like Visa between banks and merchants, but for a lot more ID cards to say, hey, this person just said they're military. A merchant's like, I don't know.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

But we're like, no, no, no, DOD, we're good. And now they can have a trusted interaction in a way where they're both better off. while keeping bad guys who didn't serve or do stolen valor stuff out. And I just think that's so amazing because when I came back from combat, there was so much goodwill. I couldn't go out in Nashville in my uniform without people buying me lunch. It's incredible.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

But we're like, no, no, no, DOD, we're good. And now they can have a trusted interaction in a way where they're both better off. while keeping bad guys who didn't serve or do stolen valor stuff out. And I just think that's so amazing because when I came back from combat, there was so much goodwill. I couldn't go out in Nashville in my uniform without people buying me lunch. It's incredible.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

Often, I wouldn't even know who did it. The waiter or waitress would come over and just be like, hey, listen, someone picked up your bill. And to be able to provide infrastructure that allows that connection to happen without humans in the loop so you don't have to always interact in person like it's the 1950s and keeping the stolen valor out is just really, really cool.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

Often, I wouldn't even know who did it. The waiter or waitress would come over and just be like, hey, listen, someone picked up your bill. And to be able to provide infrastructure that allows that connection to happen without humans in the loop so you don't have to always interact in person like it's the 1950s and keeping the stolen valor out is just really, really cool.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

When I think about what I want my kids to say to me when they grow up is, Daddy, did you really have to manage different passwords and logins at every website? In the same way that somebody who grew up before Visa or MasterCard would be like, wait, you had to pay cash everywhere? That sounds terrible. So in Europe, this has already happened.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

When I think about what I want my kids to say to me when they grow up is, Daddy, did you really have to manage different passwords and logins at every website? In the same way that somebody who grew up before Visa or MasterCard would be like, wait, you had to pay cash everywhere? That sounds terrible. So in Europe, this has already happened.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

There's BankID in Sweden and the Nordics, and now our co-founder is Estonian. And in the Nordics and Estonia, they don't have a different login for different websites. They have BankID. The average Swede uses it five times per day. It's the same login for healthcare, for government, for banking, for commerce, and you control your own data. So the login security effectively is your wallet.

Invest Like the Best with Patrick O'Shaughnessy
Blake Hall - Combat, Service, and Innovation - [Invest Like the Best, EP.408]

There's BankID in Sweden and the Nordics, and now our co-founder is Estonian. And in the Nordics and Estonia, they don't have a different login for different websites. They have BankID. The average Swede uses it five times per day. It's the same login for healthcare, for government, for banking, for commerce, and you control your own data. So the login security effectively is your wallet.