Feelings about Business Travel

This week’s episode discusses my feelings about business travel, and what business travel is really like. In a presentation eighteen months ago, I talked to some high school students about business travel. You can hear what I said at this link. Gratitude for Teachers and Career Advice to High Schoolers. In that presentation, I showed two slides that give some sense of the extent of … Continue reading Feelings about Business Travel

Computing Trends and Financial Systems

This week’s episode of Conversation with Kip discusses historical trends in computing and the impact (or lack thereof) on major financial systems, including cloud, mobile, internet, and ERP. The latest major change in business systems is cloud. Cloud has the potential for significantly changing financial systems, but IBM estimates only 20% of historical workloads have moved to the cloud. I believe when it comes to … Continue reading Computing Trends and Financial Systems

Match-Merge or High Speed Joins

This Coding with Kip episode explains a very old approach to doing join processes, called a match-merge. Match-merge required the data files to be joined be in sort order by the key. In a sense this is the oldest type of “relational” databases, where entire files were processed, but the records had known keys and defined uniqueness that were not enforced by the computer but … Continue reading Match-Merge or High Speed Joins

The Problem with Financial Systems: An Overview

This week I release a discussion I had on the fundamental problems with financial systems held in Bangalore, India on April 10, 2018. To make the concept more approachable, I use personal financial examples to explain the structure of our financial data, and many of my quantitative insights about the nature of our financial systems problems. The following is an outline of the discussion. In … Continue reading The Problem with Financial Systems: An Overview

Simple Financial System Proof of Concept

In order to make my vlog and blog more useful, I have started a new video series call Coding with Kip. The format of this series will be more technically focused, and will be a longer format to go more in-depth. The initial videos, four parts, are described here. Starting in July 2017 I created a very simple financial system proof of concept (POC). The … Continue reading Simple Financial System Proof of Concept

Blockchain, Trust and Efficiency

Currencies are interlinked with trust, and always have been. Trusted relationships are the most efficient relationships, and provide the best basis for prediction. When we have trust, we have predictability. Currency really is all about predicting the future. Currencies are fundamentally transferrable credit. That’s how currency starts. Someone accepts an IOU, and that person is able to pass on that IOU to someone else. In … Continue reading Blockchain, Trust and Efficiency

Specific Inventory, Time and Balances

Some ledgers track specific inventory, specific items. This is particularly true for high value assets, like the leasing business. In these instances, ledgers are used to track these specific assets. Much of the world of blockchain is focused on these kinds of applications, specific asset tracking. But the ledgers used to track these assets typically will also have balances tracked in some way. This is … Continue reading Specific Inventory, Time and Balances