Reggie Middleton
Reggie Middleton is an American entrepreneur who is the acting CEO of Veritaseum[1] and the finance and technology blog, Boom Bust Blog.[2]
Until 2011, he wrote about financial evaluation and the global financial crisis at the Huffington Post.[3]
Biography[edit]
Middleton is an alumnus of Howard University with a bachelor's degree in business management.[4][5]
He now resides in New York City with his two sons and daughter.
Career[edit]
After graduation from university, Middleton worked for Prudential Insurance and trained in the sale of financial products.[citation needed] Since then, he worked in the fields of financial securities and risk management. He was also a significant investor in residential real estate.[citation needed]
Middleton is known for making predictions about the crash of markets and large financial institutions long before they occur. Aaron Elstein of Crain's New York Business said "Mr. Middleton has been startlingly accurate in the past. He forecast the collapse of the housing market in 2007, and in early 2008 warned of the demise of Bear Stearns weeks before it happened. Earlier this year, he said that Ireland's finances were in terrible shape long before Standard & Poor's got around to downgrading that nation's credit rating."[6][not in citation given]
In 2007, he founded Boom Bust Blog, a commercial financial advisory reported to have over 3000 subscribers.[7]
In 2014, he founded Veritaseum, the progenitor of UltraCoin technology. According to Mr. Middleton,[8] UltraCoin exploits modern cryptography in the fields of finance, economics and value transfer to disintermediate legacy financial institutions such as Wall Street banks. He also won the CNBC stock contest for the second time as the host notes, predicting a big gain on Google. [9]
Reggie Middleton has been granted a patent from Japan patent office for a zero-trust value transfer system, in the patent's words - "Between 2 parties with no or little trust relationship, there is no special technical knowledge of the underlying transfer mechanism for any distance. A device, system, and method that allows for the establishment of a value transfer contract, contingent on input from third parties or third party participation, and which can be enforced, and optionally can be substituted, replaced, revised, and the like. It is also possible to generate such a value transfer without involving exposure to the merchant risk and the expensive third party intermediaries that have heretofore been required." [10]
References[edit]
- ↑ "Reggie Middleton". LinkedIn. Retrieved 2018-03-13.
- ↑ "Prophet of doom". 18 April 2010.
- ↑ "Reggie Middleton | HuffPost".
- ↑ "Going Short".
- ↑ "Reggie Middleton | HuffPost".
- ↑ "And a happy Labor Day to you, too!". 29 August 2010.
- ↑ http://www.boombustblog.com/press-room
- ↑ "Reggie Middleton - Bitcoin and Ultra-Coin".
- ↑ "Stock Draft: Brian's Ballers vs. Mandy's Mavericks". CNBC. 2014-01-31. Retrieved 2021-01-21.
- ↑ "Japan Patent Office - Patent JP,2017-515252,A".
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