Swash Spotlight Series: James Falero — Finance Director

Swash’s troop of Swashbucklers doesn’t stop growing, with more new team members joining the mission to decentralise the new data economy for people.

This week’s Spotlight Series highlights another addition to the Swash movement, James Falero, helping Swash with all-things finance and compliance.

Discover more about James in a chat covering the state of crypto, how it is bolstering the rise of Web 3 tools, and Swash’s role in that transformation.

Meet James Falero, finance director at Ince Gibraltar and Swash director & MLRO

James started his career as an accountant, moving into senior finance positions at large law and investment firms in Gibraltar.

James got in touch with the decentralised emergence, ICOs, Web 3, and all things digital at his current position as a finance director at a consulting firm specialised in crypto.

He understands the challenges of crypto startups operating in a traditional finance world, helping them find tax-efficient strategies.

Swash chatted with James about the crypto industry, what developments he envisions for the future, and how data and the digital economy are bringing back power to the people.

Crypto has transformed the corporate world, according to James

Crypto has “modernised business.” Swash has seen the crypto transformation across sectors in a shift only comparable with the rise of the Web in the early 2000s.

Digital assets have “taken a very archaic system, which needed rejuvenation,” and promoted the appearance of more efficient ways to conduct business. Concerning data, crypto has enabled “better ways to store it and how that data is transferred from one party to the other.”

At the centre of it all sits the primary goal of the entire industry: more freedom for people, whether it is financial or personal.

Monopolies have profited on the back of people’s data

James supports Swash mainly due to the movement’s approach to people’s data as a whole.

For “a very long time, people have given out their data freely; it’s been taken away from them and monetised by other industries.” With Web 3, people can regain control and reap the rewards.

Swash comes in to boost data value for the people who create it

Swash is “empowering the generator of data, which are the individuals who feed that data into the system.”

Swash has moved from “exploitive ways” in dealing with people’s data into a fair system. This ecosystem enables creating high-quality data, which developers can build upon and expand the use-cases and monetisation of the original data, reaching even more people.

For James, Swash is “more about empowering the community, making the world a better place.”

Watch the full chat here:

About Swash

At Swash, if it’s your data, it’s your income.

Swash is an ecosystem of tools and services that enable people, businesses, and developers to unlock the latent value of data by pooling, securely sharing, and monetising its value.

• People share their data to earn while retaining their privacy.
• Businesses access high-quality, zero-party data in a sustainable and compliant way.
• Developers set up and build systems within a collaborative development framework with ease.

As the world’s leading Data Union, Swash is reimagining data ownership by enabling all actors of the data economy to earn, access, build and collaborate in a liquid digital ecosystem for data.

Join the biggest data movement in Web 3:

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Nothing herein should be viewed as legal, tax or financial advice and you are strongly advised to obtain independent legal, tax or financial advice prior to buying, holding or using digital assets, or using any financial or other services and products. There are significant risks associated with digital assets and dealing in such instruments can incur substantial risks, including the risk of financial loss. Digital assets are by their nature highly volatile and you should be aware that the risk of loss in trading, contributing, or holding digital assets can be substantial.

Reminder: Be aware of phishing sites and always make sure you are visiting the official https://swashapp.io website. Swash will never ask you for confidential information such as passwords, private keys, seed phrases, or secret codes. You should store this information privately and securely and report any suspicious activity.

Originally published at https://swashapp.io on March 11, 2022.