Revolutionizing Trucking Finance with Blockchain: A Conversation with Todd Ziegler In this episode of Old Man, New Money, Ali Davoudi and Douglas Borthwick speak with Todd Ziegler, CEO of TCS Blockchain. Todd explains how TCS is transforming the trucking industry by addressing the high cost of capital, a major problem in the $2 trillion US supply chain. Utilizing blockchain technology, TCS offers faster and cheaper settlements for transportation companies by disintermediating traditional factoring companies. Todd shares his journey from the trucking industry to blockchain, detailing the benefits of their ERC 20 token on the INX platform, and how it significantly reduces costs for truckers. The episode delves into the complexities of factoring, the inefficiencies in current systems, and TCS's innovative solutions, including potential scaling into other industries. Learn More Here: https://www.tcsblockchain.com/ 00:00 Introduction to the Guest and TCS Blockchain 00:59 Todd Ziegler's Background and Entry into Blockchain 02:43 Challenges in the Trucking Industry 04:27 Factoring in the Trucking Industry 10:53 TCS Blockchain's Solution for Truckers 19:10 How TCS Token Works 21:44 Understanding Secondary Market Participation 22:11 Regulatory Environment and Future Incentives 24:15 Factoring Beyond Trucking 24:38 Scaling and Industry Expansion 25:48 Challenges and Opportunities in Factoring 26:59 Acquisition Interest and Market Position 28:15 Blockchain and Digital Assets in B2B Settlement 29:28 Current Operations and Future Plans 31:05 Funding and Capital Management 39:21 Crowdfunding and Token Economics 41:37 Conclusion and Contact Information Get full access to Bitcoin, Blockchain and Tokenization at oldmennewmoney.substack.com/subscribe
