William Toth: Institutions are an Impediment to Innovation

William “Institutions are standing in the way of innovation and that is a big problem,” William Toth stated in a recent interview. “How many of you use Facebook photos, Google Photos, or Instagram? My photos are everywhere. They are on my phone, my laptop, on my old phone, and they are in Dropbox. My photos are on all these different websites and services. The problem is, most of these services do not work together. They don’t inter-operate, and as a result, my photo library is a mess.”

The same thing happens when institutions control the money supply, William Toth explains. Many of these services do not inter-operate, and as a result, this blocks what we can do with sending and receiving payments. “It makes transaction costs go up,” Mr. Toth stated. “So far, we have been through two major phases of money. In our former analog world, we had to deal with these physical objects, and money moved at a certain speed…the speed of humans.” William Toth continues, “In a digital world, money can reach much farther and significantly faster. However, we are still at the mercy of these gatekeeper institutions. Until that changes, institutions will continue to be an impediment to innovation.”

Latest Post: William Toth: UK-Based Start-Up Uses Blockchain for Recruiting

William Toth: UK-Based Start-Up Uses Blockchain for Recruiting

As an experienced entrepreneur, William Toth understands that recruiting candidates for a job is hardly an easy task and in some cases, can take upwards of 3-4 months. This is where Zinc’s new service comes in. Zinc is a successful UK-based start-up company that recently launched its blockchain-based recruiting service after successful beta test runs. This new recruiting system is designed to reduce the time, cost, and energy needed to find the right candidate for a position explained William Toth.

The Zinc system simplifies this recruitment process by storing the information of the candidates in a secure system and verifying their credentials and information. This way, an employer is able to access all the various candidates’ information from a single source, instead of having to rely on and sort through multiple recordings. In addition, employers are also able to validate the employee’s information such as work history, education, and references, says William Toth.

“Zinc’s new blockchain technology platform doesn’t just aid employers but employees as well,” stated William Toth. “After the results of a survey were analyzed, it was found that 79 percent of workers feel that they would have more success in getting an interview for potential jobs if they were able to share their references earlier in the recruitment process.”

Click here William Toth: Entrepreneur to know more about him.

 

William Toth: Binance Announces New Charity Foundation

Many charities are currently facing hard times and are desperate for new solutions, explains award-winning entrepreneur William Toth. More importantly, donors typically want to see their donation go to the forefront of a cause, and not get spent on supporting issues or office work.

In fact, according to a CAF report released in March of 2015, 80 percent of charities are focusing on new technology to improve communications and online solutions. Blockchain technology represents a game-changing development in that it can massively reduce or even remove transaction costs for charitable donations, explains William Toth. By keeping a record of financial transactions across a distributed ledger that cannot be manipulated by individuals or companies, it prevents fraud or theft while opening up the possibility for transactions in all sorts of new types of assets, not just currency.

Plenty of big corporations support charitable giving. However, blockchain ecosystem Binance is the first to announce the creation of their own charity: the Blockchain Charity Foundation. Helen Hai, an influential businesswoman with charity at her heart, will head the new charity foundation, writes William Toth. Those who are involved in cryptocurrency know that Hai founded the Made In Africa initiative and regularly has the attention of various Presidents and UN council chiefs. Additionally, Helen Hai is currently the Goodwill Ambassador for Industrialization in Africa.

William Toth: Demystifying Blockchain Technology

William Toth explains that blockchain technology is a decentralized database that stores a registry of assets and transactions across a peer-to-peer network. Simply put, blockchain is basically a public registry of who owns what, as well as who transacts what. The transactions are secured through cryptography, and over time, that transaction history gets locked in blocks of data that are then cryptographically linked together and secured. By doing so, this creates an immutable, unforgeable record of all of the transactions across any given network. Further securing these digital transactions, William Toth added, this record is then replicated on every computer that uses the network.

Institutions are a tool to lower uncertainty so that we can connect and exchange all kinds of value in society. Further, William Toth believes that we are now entering a better and more radical evolution of how we interact and trade, because for the first time, we can lower uncertainty not just with political and economic institutions, like our banks, our corporations, our governments, but we can do it with technology alone.

William Toth: Giving Back to Others

William Toth is a successful entrepreneur with Bartercard USA and bucqi USA. He has decades of experience and has owned/grown/sold numerous thriving endeavors. He graduated from the State University of New York College at Buffalo in 1992, and he was the first member of his family to do so. His experience dates to his childhood when he became fascinated with personal improvement materials and soon found his love of entrepreneurship.

When William Toth is away from work, he enjoys relaxing with his family. He also devotes time to pro bono work as part of his efforts to give back to others, and he enjoys volunteering for causes he believes in.

To learn more about where William Toth’s thriving career as a check out his LinkedIn profile at www.linkedin.com/in/billtoth3.

William Toth: About Bucqi

William Toth is a seasoned entrepreneur and franchisee who began working with Bartercard USA in 2016. In 2018, he became a franchisee with bucqi USA, a digital cash-generation platform powered by Bartercard, and he’s passionate about growing both endeavors to the fullest extent.

“What if there were a program that could help you with client acquisition (like Groupon), provide a robust reciprocal loyalty and rewards program (think Plenti) and incorporate a cutting-edge mobile payment system (heard of Apple Pay?) all in one app-based mobile platform?” reads William Toth’s professional profile. “Introducing bucqi, Powered by Bartercard, the world’s largest retail trade exchange. bucqi lets you use the spare capacity in your business to attract, engage and retain new customers. It’s not too good to be true. It’s here.”

To learn more about where William Toth’s thriving career as a check out his LinkedIn profile at www.linkedin.com/in/billtoth3.

Read this post as well: Bill Toth of Buffalo, NY: Helping Real Business Owners

William Toth: Franchise Endeavors

William Toth became a franchisee with Bartercard USA in 2016 and with bucqi USA in 2018. Bucqi is a digital cash-generation platform that’s powered by Bartercard, and Mr. Toth believes strongly in both endeavors.

An entrepreneur at heart, William Toth is inspired by platforms like bucqi and Bartercard because they assist others in growing their endeavors and finding their personal success. He’s also an expert in cryptocurrencies and consulting, and he’s helped multiple people grow six-figure incomes since starting his career.

Mr. Toth also enjoys volunteering his time and offering pro bono consulting for organizations he believes in as part of his efforts to make the world a better place.

To learn more about where William Toth’s thriving career as a check out his LinkedIn profile at www.linkedin.com/in/billtoth3.

Go through: Bill Toth of Buffalo, NY: College Education

William Toth: Record of Success

William Toth is a successful entrepreneur whose positive track record dates back decades. He’s passionate about professional pursuits, and he’s helped numerous businesses grow, turnaround and sell throughout his career. Today, he’s focused on his endeavors as a Bartercard USA and bucqi USA franchisee, and he’s quickly expanding both businesses.

Before William Toth hit his teens, he found his lifelong love for entrepreneurship as a student of personal development. His first endeavor launched at age twelve, and he was receiving awards for professional success by age seventeen. In 1992, he also became the first member of his family to graduate from college.

To learn more about where William Toth’s thriving career as a check out his LinkedIn profile at www.linkedin.com/in/billtoth3.

William Toth: What is Blockchain Technology?

William Toth has been a successful entrepreneur for more than twenty years and is a big fan of utilizing technology to help his clients build their wealth. Revolutionary and ingenious, block chain technology is the brainchild behind the person (or persons) who created Bitcoin.

Briefly, blockchain technology has created a new type of internet by allowing digital information to be distributed without being copied. Originally designed for Bitcoin, many individuals within the technology sector recognize the potential for its use in creating other kinds of digital value.

Information held on a blockchain exists as a shared and continually reconciled database. This way of using the internet has obvious benefits because the blockchain database is not stored in any single location (so the records it keeps are completely public and easily verifiable). Further, because there is no centralized location or version of this information that exists, it is impossible for it to be corrupted via hacking. The information is all hosted by millions of computers simultaneously so the data is accessible to anyone on the internet, and at any time, writes William Toth.

Since its invention a decade ago, the Bitcoin block-chain has not been impacted by any significant disruption. (To be clear, reported hacking and mismanagement of funds were problems that were created by individuals with bad intentions or due to human error.) Likewise, the internet has an almost thirty-year record of accomplishment to prove its durability and viability. As block chain, technology continues to be developed, expect to see it used in other new and exciting ways, says Mr. Toth.

Go Through: William Toth aka Bill Toth Buffalo – bartercard professional

William Toth: How to Find Success by Networking Instead of Cold Calling

William Toth is an experienced and proven direct sales professional and is proud to have helped hundreds of people earn passive and residual income.

One of the oldest methods of acquiring leads in direct sales is cold calling individuals and businesses. However, here are some reasons why cold calling simply does not work anymore and alternatives to utilizing this outdated method.

Why Doesn’t Cold Calling Work?

Obtaining call lists can be extremely expensive and time consuming, cautions William Toth. Further, making calls can be extremely time consuming and are often unsuccessful because a caller is unable to reach the individual he or she wants to speak with. This results in a low success rate for sales representatives who make cold calls, often resulting in losing employees who experience “burn out.” In addition, by making cold calls, you run the risk of alienating people who might have been potential customers had he or she been approached in a different way.

What Is an Alternative to Cold Calling?

One of the most effective ways to eliminate the need for cold calling is networking. Even though building a network of buyers requires time and effort, in the end it is a much more effective way to elicit sales. Using a social media platform or website to inform potential clients of what you have to offer allows prospective clients to come to you (instead of the other way around) and that makes generating a sale much more likely.

Do you need help growing your direct sales business? Visit William Toth’s LinkedIn profile at www.linkedin.com/in/billtoth3 for complete contact information to see how he can help you find success.