Nothing artificial about our service
Dr. Ranjit Thambyrajah JP
Private Credit I Commercial & Infrastructure Loans | Large Development Specialist | Providing innovative solutions.
Vietnam, Turkey and China have banned the trading of crypto currencies like bitcoin but in Australia, they are working their way into the financial mainstream.
The Commonwealth Bank is the first major Australian financial institution to allow its customers to trade crypto on its app along with more conventional financial products that are starting to feel old hat.
Crypto currencies are extraordinarily volatile, unregulated and, well, are they really likely to replace state-based currencies and rates of exchange? These are questions I will leave to the crypto experts – whoever they may be.
If you’ve got your head around the world of crypto trading, congratulations, but how about Non-Fungible Tokens or NFTs?
In layman’s terms a NFT is a digital imprint uniquely attached to a piece of digital art that allows that piece of art to be traded in the digital universe and enables the payment of royalties to be passed back to the original artist. They are said to be revolutionising the art world because, unlike other creatives such as authors or musicians, visual artists have never been able to collect secondary royalties when their works are on-sold sometimes for extraordinary capital gains. It will be interesting to see whether NFTs are a trend or here to stay.
What does any of this have to do with financing your next major project I hear you ask?
Well, reading about Commbank embracing crypto trading on its app and then attempting to understand NFTs got me thinking, what’s next? As financial transactions move increasingly into the digital realm and Artificial Intelligence or AI takes over so many of the mundane processing tasks, will we rely on human expertise and experience for anything?
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I’d like to believe there is no substitute for lived human experience, particularly in the finance marketplace. Will even the best programming minds in the universe ever be able to program AI to know what it takes to run a complex business which involves constant interaction with other human beings?
Will even the best programming minds be able to create AI that knows the exuberance of nailing that business deal or the punishing emptiness of getting it wrong? I very much doubt it.
I firmly believe there is no substitute for service and nothing better than lived experience, particularly when it comes to putting together complex finance deals for major and multi-dimensional projects.
Acuity Funding has excellent connections and partnerships in place in major finance marketplaces so we can finance major private and public projects in infrastructure, mining and nation building and we definitely utilize AI to make transactions speedy and flawless for our clients. The difference is you are not a piece of coding on our digital platform and we don’t attempt to slot your requirements into a pre-existing package.
We use all our expertise, connections and business acumen, gathered over many decades through human experience to provide you with the one thing a robot cannot – genuine customer service.
To find out what Acuity Funding has to offer, give me a call on 94840609?
Business Owner & Director Wells-Peris Group Pty Ltd
2 年Australia is always late, closing the door after the horse has bolted.