- BimTube website: http://bim.tubeWelcome to this episode of the BimTube podcast. Today, our guest is Gary Nuttall, MBCS CITP, an emerging technology consultant. Gary shares his background in analytics and his journey to becoming an independent consultant. The podcast host, Steven, and Gary discuss the concept of distributed ledgers and blockchain technology. Gary explains that a ledger is a record of transactions, and a distributed ledger is a single ledger shared among multiple participants. They touch upon the idea of public and private ledgers, where the access to the ledger can be restricted. In addition, Gary explains that parametric insurance is based on specific parameters or trigger events, such as flight delays or crop damage due to excessive rain. It utilizes smart contracts on blockchain or distributed ledger systems to automate the compensation process. They discuss the efficiency and speed of parametric insurance compared to traditional insurance, highlighting examples like flight delay insurance and crop protection insurance.About Gary and DistlyticsDistlytics Ltd is a consulting firm founded in 2016 by Gary Nuttall, a recognized figure in the field of Blockchain and Distributed Ledger Technology. With expertise in commercial insurance and legal sectors, Gary has been listed as one of the "Top 100 Blockchain influencers" and has spoken at various conferences and events since 2015. He is known for his articles on emerging technologies, particularly focusing on blockchain.Gary on LinkedIn: https://www.linkedin.com/in/garynuttall/Distlytics Ltd: https://www.distlytics.com/aboutdistl...-------------------------Links Mentioned by Gary- What is New in the 2022 Gartner Hype Cycle for Emerging Technologieshttps://www.gartner.co.uk/en/articles...- GTC - The Conference for the Contact the BimTube Podcast by sending us a text message. Support the showBimTube's Mission: "We want to build everyone’s digital knowledge with content and conversations to inspire and instigate 'Better Information Management' to enable - better decisions, better infrastructure, better services and better outcomes for our social, economic and environmental infrastructure." Visit the BimTube Podcast page: https://www.bim.tube BIM / ISO 19650 Training (sponsored): https://www.bimenable.com
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