1. EachPod

E26. TexasRoundUP: Interview with Noah Healy, Mathematician And Founder of Coordisc

Author
The Texas Insider
Published
Fri 25 Oct 2024
Episode Link
https://mbmedia247.podbean.com/e/e26-texasroundup-interview-with-noah-healy-mathematician-and-founder-of-coordisc/

In today’s episode, we’re diving into a topic that influences so many facets of our economy, but that often gets overlooked. Markets, algorithms, and the possibility of creating a more transparent and efficient way to trade commodities. Joining us today is Noah Healy, a mathematician and the founder of Cordisc, who is here to discuss a new approach he’s pioneering: the Coordinated Discovery Market, or CDM.”


What is Coordinated Discovery Market, or CDM & how is it managed?


At its core, CDM leverages a patent-pending approach to match supply and demand with far greater precision than current systems. By coordinating trades to occur at market-clearing prices, we improve price discovery significantly. Essentially, we’re creating a system that transparently reflects real market values without over-reliance on hedging or excessive speculation, which tend to drive costs up for everyone.


Image Courtesy of Cordisc

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