Daniel Ishag: Who's Paying Your AI Agent's Bills? | Ep 1324

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The Digital Executive 16 min 1 speaker 8 chapters transcribed 1 hour ago
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Who is Daniel Ishag and what is his career background?

Brian Thomas 0:08
Welcome to Corusant Technologies, home of the Digital Executive Podcast. Do you work in Emergent Tech, working on something innovative, maybe an entrepreneur? Apply to be a guest at www.corizant.com forward slash brand. Welcome to the Digital Executive. Today's guest is Daniel Isheg. Daniel Isheg is the chief commercial officer at BACT, a regulated financial technology and payments company. Building a financial operating system for the AI and token economy, where he leads the commercial organization across the backed platform. A serial entrepreneur, Daniel founded Europe's first marketing ad network, which merged with findwhat.com in a transaction valued at approximately $183 million, built on Blue Water Bio into one of Europe's leading water technology companies, and most recently founded and led Geyser Network.
Brian Thomas 0:58
work and infrastructure layer for moving money between fiat and digital assets. Well, good afternoon, Daniel. Welcome to the show. Thanks for having me, Brian. Absolutely, my friend. I appreciate it. And I know that you've taken the time to make it here today. You're hailing out of New York. Currently, I'm in Kansas City, so I appreciate your time today. Daniel, if you don't mind, I'm going to jump into your first question here. Your career is unusually verified. You founded Europe's first search marketing and net ad network and merged it with findwhat.com in a deal valued at approximately 183 million. You built Blue Water Bio into one of Europe's leading water technology companies. And then you moved into payments and digital assets.
Brian Thomas 1:42
And I believe a cus a customer of backed prior to joining S. Sh chief commercial officer. Looking across three different industries, was there a single core problem you were solving each time? Or did every leap portion just throw out the playbook?
Daniel Ishag 1:58
I think the core problem I was always solving was providing a new lens, a new framework for trying to solve old problems. With my first big venture, eSporting, which was at the time the largest internet media company in Europe, we had the the advent of the web and it was how how are we going to use this new medium to drive return on investment and advertising.

How did Daniel’s early ventures solve old problems with new frameworks?

Daniel Ishag 2:20
So we were the first performance-based advertising network in Europe. And the internet allowed us to do things in a way that traditional media didn't do. With my water business. Water and technology within water had originally sort of been owned by utility companies. And as we all know, utility companies, they don't they they don't pay their guys risk money to take risks and try new things. So technology had stagnated in arguably one of the most important areas of environmental development. As far as digital assets go, I was just fascinated by the technology. I mean ultimately Ultimately, there's two things here. There's the digital LT technology, digital ledger technology, or the blockchain, and what you're able to build on top of it.
Daniel Ishag 3:08
So over the last fifty or ten ten years or so, you've had this evolution of different types of tokens which are used on the blockchain. And what's happened is now as it's starting to get to maturity. It's really broken down into a couple of subsets. You've got your big crypto tokens, the the the Bitcoins and Ethereums of the world. And then you've got this subset called stable coins. And stable coins, as we know, are egg to the dollar. They uh the USDC has a one to one reserve to the dollar and it's a digital dollar that is able to be moved fluidly, transparently. Efficiently. from point A to point B in seconds. So it solves a whole bunch of problems, not only in a digital world, but in a traditional world of traditional finance as well.
Daniel Ishag 3:56
Where in a traditional world you have banks and in if you want to send money from from one country to another, you're those banks are dependent on what are known as correspondent banks. And very often, especially in emerging markets, those transactions can take 10, 12 days to complete. we're able to do that same transaction twenty four seven in two minutes. So it opens up all kinds of new opportunities and efficiency.

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