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He founded his own financial consulting firm in 1981 which he brought to the Virgin Islands in 1999 when he opened Financial Trust Company, Inc. ("FTC"). FTC was a successful Virgin Islands business and a beneficiary of the Economic Development Commission ("EDC"). Mr. Epstein is also the sole shareholder of Southern Trust Company, Inc. ("STC") which has been recommended for benefits from the EDC and is awaiting the signature of the Governor. Mr. Epstein has been a resident of the US Virgin Islands since 1996.
Southern Trust Co., Inc. was granted tax incentives to conduct the operation of a Category IIA designated financial services business, providing extensive DNA database and to develop a data mining platform for the database to be available through the internet. Services include the development of financial and biomedical informatics. Information will be kept on servers located in the US Virgin Islands. All clients will be located outside the U.S. Virgin Islands.
What Southern Trust will do will be basically organizing mathematical algorithms so that if I want to know what my predisposition is for cancer we can now have my genes specifically sequenced.
Why the Virgin Islands? Again we have high speed connections in St. Croix. I have to beg both servers to hold my database information. The high level people that Erika mentioned is I need high level mathematicians to come down and help program the computers. Some people actually have to be here and monitor the computers. And these algorithms-- it's amazing but true--much of the work hopefully to be done later in life.
THE CHAIR: So your server will be more or less your vault rather than a server to power anybody else anywhere else?
MR. EPSTEIN: Yes, yes. The systems everything is interconnected. But again the only real way to have certain types of things is servers that are not connected to the Internet directly.
Places, frankly, like St. Thomas are the perfect place to sequence people because it's so isolated. You are able to get much better data than ever before. And it also ends up--and that's one of the advantages of being here as opposed to New York.
THE CHAIR: But when I think of genetic sequencing-and I know we are getting way out on a limb.
MR. EPSTEIN: No, ask
THE CHAIR: I mean I would think that you would have to have some DNA sampling of these people going back for 50 years and 50 years ago we didn't have that type of technology. So how do you--I mean people have died. How do you trace that? How do you do sequencing of somebody who is no longer here?
MR. EPSTEIN: In Iceland they've kept the sequencing. They started taking blood. So they have kept blood samples from everyone. That was very forward thinking. So they were simply able to get the sequence out of the blood.
THE CHAIR: Got you. That was confusing.
MR. EPSTEIN: Yes, it's 50 years of data. It's the only country. It doesn't make them any healthier at the moment but they have tremendous amounts of data but almost no information.
THE CHAIR: Wow!
MR. EPSTEIN: Because now they have 300,000 people and all their ancestors. Now what do we do with it?
THE CHAIR: what you are suggesting is in 10 years we may be able to have a-- your same product that would be able to take a genetic code of how somebody is, figure out what is the best way for them to learn and put it on the Internet for them?
MR. EPSTEIN: I don't want to say--that's pushing it but yes. It's the Frankenstein version but it's true, yes.
originally posted by: MetalThunder
a reply to: EndtheMadnessNow
Just a general comment ... Nothing aimed at the post I am replying too ... Peace Brother ....
Does anything surprise anyone paying attention anymore ? Seriously .. the real question is ... How Much can WE take ? Not only us on this thread but our friends , family ... HUMANITY ?
Today the Common Flu and vaccinations took center stage in Michigan.... The Statistics , the Death , the Fear, covid took a backseat ... Until now you'd think there was no Flu in 2020 ... Narrative shift huh ... Governor Wretched Whitless leads the pack of wolves ... WAKE UP
The time is Near and an election is the least of humanities worries ...
[....]
originally posted by: SouthernGift
we’re about to need more than 🍿 popcorn
Woooooooo 🎢
originally posted by: Aallanon
Anybody got a proof of life on RBG?