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Hi, everyone. Thanks for tuning in. After today you can expect one new show every other week. So here we are on beautiful Necker Island in my hotel room, which is also equally beautiful. And it can be either personal or…not personal, but recreational or professional. No doubt. Yeah, and I want to thank you in particular for coming during the recreational hour, but as far as I understand I think you have a fun appointment after this. Actually, yeah. And so with that demand, with that interest and seeing the kind of evolution of technology my cofounder and I saw this as an amazing opportunity to really think through and develop these scaffolding layers, software layers for enterprise customers wanting to manage blockchains and build blockchains. I think we kind of found each other. I met both Jeff and Paul, and they were both just so great and so funny, and I really, really enjoy talking with them. And how did you hear about Bitcoin and blockchain? How is that even possible? Why have you staked your business on public blockchains which are more like internets, and are you finding that enterprise companies are reluctant to go that route, and how do you overcome their concerns? Ethereum, Hyperledger, R3, Corda, Chain has an open source protocol. I view all that as innovation. So you might be trading something on a private blockchain and everybody in that chain, the traders or the market participants might trust each other, might not trust each other, there might be auditors involved and they have to hash data to some public chain so that can be verified by a third party. Good things come out the other end of that. Well, Amazon is like, a year-old concept. The real benefit of this technology will be when companies say, I want to be an OpenBazaar. The first thing is, can you describe OpenBazaar for listeners who might not be familiar with it? You know, if you are essentially creating software that allows people to connect peer to peer, how are you going to make money from it, you know? This is a great question, Laura, and this is actually, you know, amongst other players in the industry, one of the most talked about dynamics, is what are the economics of a blockchain. They would be a seller on their own network, or…. If everybody on the chain has a one tenth interest maybe the technology provider has one of those seats, and it gets the economic value of that. So the cost to develop it, launch it, service it, the technology enabler is going to have an equity interest in that particular chain or network or blockchain. Well, that would be a public marketplace. So yeah, it just launched, and market forces prevail. I did hear that one business that people could…you know, if they could have an actual business model that generates revenue it would be to maybe provide reputation services on a decentralized marketplace like OpenBazaar, to say like, I can vouch that, you know, this is a seller with reputable ratings and stuff like that. So then, I wanted to go back to, you know, what you were saying about China which was pretty interesting. Oh, interesting. It is part of the discussion. It is part of this ecosystem. And what influence do you think that China will end up having once they kind of get the blockchain stuff working? So you know, if you look at technology shifts of railroads, telephony, internet, you always had effervescence. So how do you see those startups kind of like, bringing that culture here? So there is, you know, regulatory friction in terms of doing that. I see that dissipating over time. I think the notion of a digital wallet is going to evolve over time. I think right now, like Apple Pay for example, is training wheels for the next true mobile wallet, where you kind of manage your identity and assets and you know, not just your airline miles or a credit card that you kind of duct tape to your Apple Pay account. You know, real microtransactions and peer to peer lending with different digital currencies, and the wallet I think over time will become the browser of the blockchain, the browser for your kind of interaction with the world. You know, the wallet will become your kind of personal data layer where again, assets and money and identity and all these things start to come into play, and the identity model specifically tethered to a blockchain, for example, I think is one of the greatest use cases that we have. You should have just said, my money is green or whatever, and actually get the transaction and leave. So this partition identity stack, this wallet, this whole dynamic of our digital ID on the super computers we have in our pockets is I think going to have tremendous innovation afforded to us by blockchain technology and the cryptography and all the benefits in that particular data stack that we call our identity and our digital wallet. All right. So you have a lot of experience in helping to develop and investing in technology. I had a mobile phone that was in a mini briefcase that was over my shoulder, it was a big brick phone. I remember using the internet when, you know, there was pre-browser days where you had to go on things like Gopher. What could they be doing better in their approach? That might give them a competitive disadvantage. So I think much like the internet changed lots of industries, you know, newspaper, voice over IP communications, most of the CTOs sitting in companies today have gone through that. And you know, banks have not had a great relationship with technology. I think when the internet showed up they duct taped their systems to the internet, then they were pressure tested in , and then mobile telephony came out so mobile banking was a dynamic they had to react to, and then another pressure testing in , and now fintech has become in vogue for investors, you know? So fintech is in vogue right now. What do you think is going to separate the winners from the losers? I think you need to get engaged. You know, you really have to make the use case shine in the way it should. Well, over the last four years I spray painted the industry with 21 bets in the space. And I think, you know, listen, the Bitcoin blockchain is not an intuitive technology to wrap your brain around, but the storytelling, the physicality of a Bitcoin, and hearing that I think is always helpful when you kind of engage with people and want to talk about this new technology frontier. Thanks for joining us today. Thanks again. You just enjoyed a Forbes Podcast. To learn more about our other shows, visit Forbes. Thank you. Sponsored by. Laura Shin. Matt Roszak , a venture capitalist for 20 years, discusses how his new company Bloq , cofounded with former Bitcoin core developer Jeff Garzik from talks they began on Necker Island last year , serves enterprise clients and envisions a multi-chain future in which different blockchains can connect with each other. He also gives his thoughts on business models in a decentralized future and the influence China will play on the development of Bitcoin and blockchain technology. Plus, we find out what happened in his tennis game against Sir Richard Branson. Posted in: Business. Tagged in: blockchain China crypto cryptocurrency. Previous coverage on Unchained Episode Episode

Bloq’s Matt Roszak on Necker Island: Connecting Multiple Blockchains, China and Tech Cooperatives

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Podcasts are free to enjoy without a subscription. From Unchained. Open navigation menu. Close suggestions Search Search. User Settings. Skip carousel. Carousel Previous. Carousel Next. What is Everand? Explore Ebooks. Bestsellers Editors' Picks All Ebooks. Explore Audiobooks. Bestsellers Editors' Picks All audiobooks. Explore Magazines. Editors' Picks All magazines. Explore Podcasts All podcasts. Difficulty Beginner Intermediate Advanced. Discover this podcast and so much more Podcasts are free to enjoy without a subscription. Start listening View podcast show. Released: Jul 6, Format: Podcast episode. Kevin Zhang, vice president of business development at Foundry, breaks down the latest developments surrounding China and bitcoin mining. Show highlights: how he came across crypto and which Bitcoin OG he joined at Bitcoin. Titles in the series That's when Coin Center steps in. The non-profit, which represents the technology, not the industry, and aims for regulators to keep a mostly hands-off The twin brothers, who were the first to If you haven't yet, have a say in the direction of the show -- tell me what you like, what the podcast Want to Diversify Your Portfolio? In this episode, the co-authors of a compelling white paper explain the four reasons why they believe you may soon be investing in digital oil and digital gold instead. Find out why their analysis prompted Burniske to say of An accountant and an attorney specializing in cryptocurrency discuss whether the IRS In this episode of the Unchained podcast, supporters of opposing sides -- former Bitcoin Core developer Jeff Garzik Bloq's Matt Roszak on Necker Island: Connecting Multiple Blockchains, China and Tech Cooperatives: Matt Roszak, a venture capitalist for 20 years, discusses how his new company Bloq, cofounded with former Bitcoin core developer Jeff Garzik from talks they began on Necker Island last year , serves enterprise clients and envisions a multi-chain Will it approve? BitPesa's Elizabeth Rossiello on Necker Island: Elizabeth Rossiello talks about how she went from being a credit ratings analyst for microfinance investors to heading up an 'international mobile money' company for sub-Saharan Africa that uses Bitcoin's rails. Along the way she reveals how They also discuss what happens to the power But he says it wasn't until he learned about Bitcoin that he Sandra Ro, CME's head of digitization, explains its first cryptocurrency Listener Qs: Laura On Ponzi Schemes, Bubbles, Greed And More: In this episode, coming one day after the release of my Forbes cover story online, I answer listener questions, starting with my background, the history of the podcast, whether or not I trade or invest in crypto, and what tokens I think have the MaiTai Global's Bill Tai On Why Blockchain Is The 6th Wave Of Technology: Bill Tai, a venture capitalist who got his start as a computer chip designer in the s, places blockchain in the context of the broader technological revolution of the last three decades. He also reveals how Bitfury, a company in which he's an Ludwin describes which types of firms will The Little Guy: Love Unchained? Why Nasdaq Is Even More Optimistic About Blockchain Than It Was 3 Years Ago: Fredrik Voss, Nasdaq's head of blockchain initiatives, discusses what the company has accomplished with the technology and how his firm evaluates whether potential projects could benefit from a blockchain solution. He also reveals what is likely to And even if they did get paid, their In this episode, Carlson-Wee My guest was Kathryn Haun, a former federal prosecutor who is now teaching a class on cryptocurrency at the More Episodes from Unchained. In this episode, Jon Charbonneau breaks down the key factors that determine the value of blockchain networks and how Layer 2s impact these valuations. Is that trend over? Investors Arthur Cheong and Jordi Alexander say yes. Stani Kulechov by Unchained 67 min listen. The hosts and Nikos Kargadouris explore why all assets—from Bitcoin to crude oil—could be poised for significant gains in the coming months. 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