What is the most important thing you do at your work? We’re a distributed team. CEO, CFO and our development team are in Bulgaria, lawyer in Amsterdam, me in Norway, marketing in New York and Tel Aviv, and advisors from here to Japan. So, there’s a lot of emails and messages, specifications, legal, and platform design.
What's the thing with blockchain? Blockchain is a tool to agree on the state of something, and the way blockchain is built it is very precise.
Why is it exciting? A lot of tools that we use in business today are based on old legacy systems, the word “escrow” can be traced back to the 12-13th century and used to mean an amalgamation of scroll and checklists. So, for our platform blockchain creates and deploys these little escrow contracts that can trigger and transfer funds in approximately 15 seconds, and even faster in the future. That’s a type of transaction that used to be slow and expensive.
What do you think are the relevant controversies? It’s no secret that a lot of bitcoin is used for illegal activities on the dark web. It’s gotten to the point where low-level drug dealers and street thugs use some sort of bitcoin wallet. And people are uncomfortable about that, but this is really a golden opportunity. Blockchain tech is open, so tracing transactions in the network is easy. The transaction history is right there in the open.
What’s your best example of blockchain? My favorite blockchain implementations are some of the blockchain games being developed, or projects like ours that are building 21st century versions of systems that have been around for hundreds or thousands of years.
Your other favourite examples, internationally and nationally? Loom is pretty cool, and I recommend anyone to go try their Crypto-zombies tutorials. It teaches you some basics about programming on Ethereum and how to create a game.
What do we do particularly well in Norway or in your country? I’m not sure if we are doing it uniquely well. I think we definitely could, we have short enough power distances and small enough systems to test and implement blockchain in voting, in business, in financial systems, but we are not quite there yet.
A favourite future quote? The Swarm is headed towards us by Satoshi Nakamoto.