005 - Interview with David Greenberg in the transition to digitally trading commodities during the early 1990s and leading the global recovery effort for the oil market immediately after 9/11 (part 1)

Boom, it's on the Blockchain

Ziyen Inc. CEO Interviews David Greenberg, Former NYMEX Executive Committee Member, University Lecturer and News Commentator for BOOM! It’s on the Blockchain.

PODCAST: David Greenberg discusses his key role in the transition to digitally trading commodities during the early 1990s and leading the global recovery effort for the oil market immediately after 9/11 as a board member of the New York Mercantile Exchange (NYMEX), the organization that established and influenced the world’s oil market.

As an early supporter in the transition to digital commodity trading, David Greenberg was crucial to developing the digital trading platform software now used in all commodities trading. Starting his career as a crude oil and gold pit trader, David rose to become a member of the following NYMEX committees: Corporate Governance, Marketing, Facilities, Building Security, Local Advisory, Electronic Trading Advisory, International Expansion Advisory and, NYMEX Finance Committee.

David was a board member during the most successful IPO in U.S. history, in which the growth valuation for the NYMEX IPO went from $800 million to $12 billion. After the September 11th terrorist attacks, David was part of the September 11, 2001 NYMEX Business Recovery Board, in which he helped lead a team that effectively reinstated the framework for oil trading and avoided a global economic collapse, all under direct instructions from the White House. David is an expert oil commodities commentator for CNBC, CNN, Fox News and has lectured at the West Point, Columbia University, Syracuse University and more.

As a seasoned and experienced financial global market expert, he was part of the launch of the Dubai Mercantile Exchange, a subsidiary of NYMEX. David is president of Sterling Commodities Corporation, one of the largest New York-based commodity clearinghouses.

David Greenberg adds:

“Alastair’s vision for a more liquid and streamlined oil industry immediately grabbed my attention because I have had the luxury to see historical seismic shifts in the oil market. The way Ziyen Inc. intends to tokenize oil is one of those promising shifts that we cannot ignore. We are all watching to see how Ziyen Inc. evolves and plans to change the markets using blockchain and tokenization in ways that are groundbreaking and novel.