Article first published in October/November Forbes Monaco issue.
The world’s most valuable resource is no longer oil,” The Economist declared in May 2017, “but data.”
In the first quarter of that year, the five most valuable listed companies on the planet—Alphabet (Google’s parent company), Amazon, Apple, Facebook and Microsoft—had a combined net profit of $25 billion. “Such dominance has prompted calls for the tech giants to be broken up, as Standard Oil was in the early 20th century,” the weekly newspaper stated, but added it had been “against such drastic action in the past. Size alone is not a crime. The giants’ success has benefited consumers.
Few want to live without Google’s search engine, Amazon’s one-day delivery or Facebook’s newsfeed.”
Data may be the new oil but while oil is scarce, data is far from it. “It comes down to control of the data. A small handful of companies closely guard this commodity,” Robert Edward Grant told Michael Ashley in Forbes. The CEO of Crown Sterling, a digital cryptography firm, said, “We are expanding what it means to be a human being. Along with the traditional self, you now have a digital persona that needs some degree of protection.”
For Grant, “At the end of the day, whomever creates the data is doing work that leads to its value and should be its owner. The same thing applies to companies and countries. There is mass exploitation going on right now across the board. When we talk about data sovereignty, there are essentially two market segments affected by this issue. One is consumers; their primary concern is privacy. When it comes to the enterprise side, their issue is security. Either way, they face the same challenge: how to better protect themselves.”
The former CEO and president of Bausch and Lomb Surgical who has played a leading role in the global healthcare industry knows what he is talking about. He accidentally discovered a math formula that would transform encryption, the findings of which were published by Cornell University. Grant co- authored the paper “Accurate and Infinite Prime Number Prediction from Novel Quasi-Prime Analytical Methodology” with Talal Ghannam, a physicist and number theorist.
Grant, who will be at the 1st Annual Forbes Monaco Crypto & Art Gala on November 13, told Forbes at the time, “I found a new type of number that, using a particular geometry called an Icositetragon, a polygon with 24 sides, like a 24-hour clock, has characteristics that are prime-like, except are not prime. And what makes them prime-like is that instead of being divisible by any kind of number, they’re divisible only by large prime numbers—expressly excluding small prime numbers two and three.”
Why does this matter? In laymen terms: “Today’s encryptions are based upon numbers generated by multiplying two primes to obtain the public key encryption, a process called factorization,” Ashely described. “Essentially, the whole system we rely on for internet security today rests upon the time it takes a computer to back-calculate what A and B would be if you only knew C. Grant’s discovery allows us to predict prime numbers we could not before.”
Grant does not have a typical C-Suite resumé. While he has co- founded several companies that span healthcare, security, blockchain, cleantech, advanced cybernetics and fintech, and led Allergan Medical as president to a $3.4 billion post-acquisition Allergan-Inamed integration in 2010, he is also an accomplished sculptor, artist and musician. The American has also lived in nine countries and speaks eight languages fluently, including Korean, German, French and Japanese. His 2016 TED Talk titled: “Beautiful Minds are Free from Fear” has had nearly 2.6 million views.
It is only in recent years that he has turned his business acumen toward number theory, mathematical physics, geometry, cryptography and blockchain cryptocurrencies. His personal data sovereignty mission began by setting up Sterling Limited LLC in 2018 “to enable individuals to claim, protect and control their personal data. From quantum-proof encryption products to a novel blockchain-enabled and tokenized ecosystem, Crown Sterling is transforming digital security with its non-integer-based algorithms that leverage machine learning and irrational numbers.”
A year later, the company launched TIME AI “which represents a paradigm shift in data encryption.” The multi-dimensional encryption technology uses time, music’s infinite variability, artificial intelligence and, most notably, mathematical constancies to generate entangled key pairs and is designed to wrap around data and applications to secure the world’s most precious commodity—data. Essentially, Crown Sterling has advanced the popular, proven and scalable Elliptic Curve Diffie-Hellman encryption software module by replacing vulnerable prime number Private Keys with non-repetitive irrational number- derived random Private Keys. “This novel Data Exchange will enable you to earn money for your data, should you choose to share it.”
It was a natural evolution that the company would announce in August 2021 the induction of the Data Bill of Rights into its genesis block of the Crown Sterling chain. Digital assets were declared to be the intangible personal property of original producers (consumers) under existing laws and protections as personal or intellectual property under the United States Constitution, including the 4 th and 5th Amendments, as well as the United Nations Universal Declaration of Human Rights, the Charter of Fundamental Rights of the European Union and the European Convention for the Protection of Human Rights and Fundamental Freedoms.
“With data now globally recognized as the world’s most valuable asset, the stakes have never been higher or more necessary,” said Grant, who holds dozens of patents and intellectual property in the fields of DNA and phenotypic expression, human cybernetic implantology, biophotonics and electromagnetism.
The genesis block is the first unalterable block within a blockchain. Each Crown Sovereign (CSOV) token is a mechanism to employ and deliver a new scalable variation of the One- Time Pad encryption method, Crown Sterling’s proprietary technology, which will democratize the world of data by creating a blockchain-enabled asset exchange and marketplace.
On October 5, the CSOV token served as the world’s first quantum resistant high-speed NFT blockchain and was the first to be listed on the rebranded Bitcoin.com Exchange, now FMFW.io (Free the Money, Free the World). Asked about his intentions behind launching a cryptocurrency, Grant stated, “It really is to provide a platform that everyone can use to claim their sovereignty and protect their identity. It is also that new developers of Social Media platforms will build on top of our Quantum NFT platform and innovate in decentralized ways to hopefully curb and eventually end this dystopian technocratic world we seem to be rapidly devolving into.”
Before unveiling the upcoming desktop wallet release with the usage of Crown Sterling’s encryption technologies and update that will include the “Collectibles” category for individual NFTs and staking, Grant said, “I strongly believe in the freedom of speech, and I am frankly alarmed at the assault upon free speech and individual rights and freedoms currently happening both in social media and across society at present.
“I feel that if we do not do something soon to arrest this situation, we are at a real risk of severe global instability through technocratic control.”