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enterprise blockchain

decentralized finance digital transformation enterprise blockchain stablecoins

·Jul. 1, 2019

$1B moved for $0.02 fee on Binance, $600M of Tether printed, $200M in DeFi lending

The web of investment bank technology, there are 20 or more core vendors on which systems run. Adding Blockchain to the mix merely adds a 21st system, which is by design incompatible with everything else. Thus enterprise chain projects have been focusing on integration and proofs of concepts, not re-engineering the core. But we know how this plays out -- as it has over and over again across Fintech. Digitizing "unimportant" channels and hoping for them to succeed simply doesn't work. See JP Morgan giving up on Finn, or Northern Trust capitulating its pioneering idea into Broadridge, or any other number of examples from Bloomberg to LPL Financial. Even the struggles of Digital Asset could be used as an example of the danger of working oneself into an existing web of solutions, and trying to preserve their dependencies.

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artificial intelligence augmented reality Crypto decentralized finance enterprise blockchain Metaverse / xR narrative zeitgeist NFTs and digital objects regulation & compliance venture capital

·Nov. 27, 2020

Jamie Burke of Outlier Ventures on DeFi and NFT investing and acceleration

In this conversation, we talk with Jamie Burke of Outlier Ventures. This is a fascinating and educational conversation that covers frontier technology companies and protocols in blockchain, IoT, and artificial intelligence, and the convergence of these themes in the future. Jamie walks us through the core investment thesis, as well as the commercial model behind shifting from incubation to acceleration of 30+ companies. We pick up on wisdom about marketing timing and fund structure along the way.

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central bank / CBDC China civilization and politics enterprise blockchain super app

·Mar. 15, 2021

The battle for Chinese Fintech as China highlights blockchain in Five Year Plan, ramps up Ant and Tencent regulation, phases in e-CNY

This week, we look at:

China’s Five Year Plan, the industrial logic of the system, and its ramifications for blockchain and fintech in the country
The regulatory challenges faced by Chinese tech companies, including the resignation of Ant Group’s CEO and the anti-competition fines for Tencent
The growth path of the e-CNY digital currency, as well as Beijing’s enterprise blockchain powering the city infrastructure and governance
Footnote: Stripe worth $95 billion, closing $600 million investment

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artificial intelligence big tech digital transformation enterprise blockchain identity and privacy India regulation & compliance telecom & infrastructure

·Oct. 23, 2020

How IBM spinning-out $18B of managed infrastructure revenue, or Reliance Jio growing to 400MM mobile users, creates a chassis for digital finance

This week, we look at:

IBM spinning out its managed services division with $18 billion of revenue in order to focus on hybrid cloud and digital transformation
Reliance Jio, the Indian mobile telecom provider with 400 million users, contemplating financial services with backing from Google and Facebook
The role that technology infrastructure plays in the delivery of financial services

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enterprise blockchain open source venture capital

·Sep. 2, 2019

Will Open Source business models rule the world, as Enterprise Ethereum Pantheon joins Hyperledger

From a financial incumbent point of view, if you are going to mutualize infrastructure, you need to actually mutualize the infrastructure. This means solving the game theory problem of accidentally giving away the value of your back office systems to your biggest, best-funded bank competitor -- not a competitive equilibrium. To that end, technology companies are a natural place for maintaining crypto systems. However, note that public chains today already have the benefit of billions of dollars in cyber-security spending (i.e., mining) and the dedicated engineering of thousands of open source developers. By choosing to use a public chain, you get this out of the box. With a proprieraty solution, even if the end-results are open-sourced, community is impossible to replicate. Maybe this is why IBM bought Red Hat for $34 billion, and Microsoft bought GitHub for $7 billion.

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central bank / CBDC decentralized finance enterprise blockchain governance regulation & compliance

·Mar. 9, 2020

Why Facebook’s Libra needs to change course, Ethereum’s Fintech promise, and a look at JP Morgan’s blockchain analysis

I anchor around the issues Libra is seeing in trying to develop a money, and what alternate strategies are available. We also analyze elements of a JP Morgan 2020 blockchain report, which highlights the differences between running a financial products (like a money) and a financial software (like a payments processor). In light of this necessary pivot for the regulated Facebook, we look again at Ethereum's decentralized finance ecosystem and the types of challengers it has created for Jack Henry, Finastra, Envestnet, TradeWeb, and other infrastructure providers.

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civilization and politics Crypto decentralized finance enterprise blockchain regulation & compliance

·Feb. 26, 2021

$60B digital capital markets, crypto law and regulation, and Ethereum Layer 2 scaling, with Pat Berarducci

In this conversation, we talk with Patrick Berarducci of ConsenSys, about the valuations and multiples of capital markets protocols in Decentralized Finance on Ethereum, now making up over $60B in token value. Additionally, we explore the nuances of scaling Ethereum and its solutions, such as Metamask and the emerging Layer 2 protocols.

We also discuss law and regulation, including a fascinating story about Bernie Madoff from when Pat was a practicing attorney. This leads into a conversation about the embedded compliance nature of blockchain and crypto technology, the early days of ConsenSys, the path of crypto brokerages like Coinbase, and Metamask exhibiting emerging qualities of a neobank.

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big tech Crypto enterprise blockchain paytech stablecoins

·May. 6, 2019

Facebook and Bitfinex both want $1 Billion for Crypto Stablecoins

There is poetry in the symmetry of this situation. Bitfinex is looking to raise $1 billion in capital to support the most popular stablecoin Tether, which it controls. Facebook is reportedly looking to raise $1 billion in capital from First Data, Visa and Mastercard and other payments companies to shore up its own stablecoin asset. Poetry is where the similarities end, and all these devils are in the details.

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decentralized finance digital securities / STO digital transformation enterprise blockchain exchanges / cap mkts

·Jan. 29, 2021

The path from institutional finance (Goldman) to enterprise blockchain (PwC) to the $26B edge of DeFi innovation (Aave) with Ajit Tripathi

In this conversation, we talk Ajit Tripathi, currently the Head of Institutional Business at Aave and a former colleague of mine at ConsenSys, about the path from traditional finance, to enterprise blockchain and “DLT” consulting, to full-on decentralized finance.

Thinking about how to connect these worlds and different available journeys? Or the timeless risks developing in tranched DeFi that look like mortgage-backed securities? We even touch on hegelian dialectics! Check out our great conversation.

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Crypto DAOs enterprise blockchain Metaverse / xR open source

·Oct. 20, 2021

Scaling Web3 with the $10B+ Polygon protocol, with COO Sandeep Nailwal

In this conversation, we chat with Sandeep Nailwal – The Co-Founder & COO at Polygon (previously Matic Network). Sandeep is a long time developer who’s been dabbling in the space since way back in his college days. Originally known as the Matic Network, Polygon rebranded with the aim to reach a global audience and they’ve certainly done just that.

More specifically, we touch on Sandeep’s intriguing entrepreneurial journey, developing a blockchain startup in India, DApps, Scalability & Interoperability of Layer1 and Layer2 blockchain solutions, Zero-knowledge Rollups, NFTs & Gaming, and so much more!

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