Sara Sheehan’s guest this episode is Noah Healy, the founder of Coordisc, who joins Sara to discuss his work in market design and game theory. Noah, who has a background in nuclear engineering and software development, developed a new system called Coordinated Discovery Markets (CDMs). He explains what the technology aims to do in regards to creating efficient marketplaces. His system, inspired by mathematical problem-solving, allows markets to function with much less data processing compared to traditional financial markets, and he illustrates how this makes transactions more efficient and transparent.

Noah shares the challenges he faced in bringing his innovation to market. He has been involved in a lengthy patent process, which has included legal battles with the U.S. Patent Office. Bureaucratic pushback forced him to take his case to a federal court. But despite the setbacks, he talks about how he is actively working on projects in Sweden and Kenya, exploring how his technology could be applied in emerging markets like bamboo trading and carbon credits. 

Sara and Noah explore how he envisions his technology revolutionizing global markets, significantly boosting economic wealth, and finding applications in agriculture, commodities, and resource extraction. His goal is to establish new marketplaces that leverage CDMs to create more stable and fair pricing mechanisms. Noah also touched on artificial intelligence and automation, broader implications of such advances. His conversation with Sara emphasizes that technology is reshaping industries in ways that challenge traditional beliefs and that embracing these shifts carefully is key to sustainable progress.

About Noah Healy:

When Noah looks at the common thread that runs through all of his professional experiences, it is clear that he loves to combine mathematics with technology to produce game-changing solutions. His inspiration came from his formal education, work experience and the breakthrough innovations developed by Alan Turing (and Frege and Church before him). Turing imagined machines with amazing computational power and ultimately brought them to life. His innovations tipped the scales of WWII and set the stage for the information revolution – of which Noah is an active part.

Early in his career, Noah used computational mathematics and software development capabilities to develop automations that boosted internal productivity, drove client efficiencies and improved regulatory compliance. Most recently he founded Coordisc and developed CDM, a technology product that has the potential to completely reorder the global financial system. CDM establishes a better exchange market for commodities by conducting all trades at market-clearing prices with radically improved price discovery, lower total cost of transactions and the elimination of hedging needs. Only a fraction of current tradeflow can get this product off the ground and prove its power. From there, CDM can be scaled rapidly.

It is not lost on Noah that he has an enormous responsibility to produce algorithmic technology products that drive results, but also protect ethics and morality. One does not need to look beyond recent financial crises or their Facebook feeds to see that our rush for more powerful technology has eroded our civic, political, cultural and societal systems. He views himself as an “algorithmist with a conscience” and uses tools such as game theory to design products ethically. 

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Contact Sara Sheehan | Sara Sheehan Consulting:

• SaraWSheehan.com
• Sara Sheehan on LinkedIn
• Meet with Sara

Noah Healy | Coordisc:

• Website: coordisc.com
• LinkedIn