Tone Vase, Head Research BraveNewCoin says there is no difference between the Blockchain & Bitcoin. Because there is only one Blockchain & that is the Bitcoin Blockchain. It basically created a valuable message transfer across the world & does it really, really well. A permisionless way to send value in the digital age. Its current use stems from the difficulties in using the current financial system. Blockchain is a proof of work system for Bitcoin.
Jae Kwon, CEO/Founder Tendermint says Bitcoin is a decentralized ledger that is secure despite attacks from within. Its a Byzantine fault tolerant distributed application & its the first of its kind. Byzantine means ‘arbitrary malicious actors’. Bitcoin showed the first distributed ledger, can run into wild & its still running today despite people trying to attack it. Blockchain is an umbrella term that refers to Bitcoin as well as non BFT distritubted ledgers.
Scott Bambacigno, VP Worldwide Sales AlphaPoint says you can really see a geographic division. On the West Coast you see pure Bitcoin companies that are looking to disintermediate, disrupt & create new revenues. On the East Coast you see people who are less interested in BitCoin as a token or currency or digital bearer asset. What they’re interested in is back office efficiencies & they believe with a shared distributed ledger that they will be able to create efficiencies that aren’t there currently today. What we see today is siloed databases that need to be reconciled or are prone to human error. What has happened in the past is you’ve had databases trying to act like messaging systems & messaging systems trying to act like databases & neither works very well.
Aldo Carrascoso, Founder/COO AlignCommerce says that Bitcoin & BlockChain in the Public setting are like Yin & Yang. They are linked & codependent. AlignCommerce is trying to pioneer compuchains, a way for public & private blockchains to speak with each other. Align uses the BlockChain as a settlement rail for payments.
Wale Ayeni, Principal Orange Investments invested in Chain.com. At the time there was a lot of hype so they spent a year understanding the space & understanding the technology. They saw all the deals around BitCoin & Blockchain that happened in Silicon Valley last year. Blockchain is like any other new technology, it starts with hype. Then after the hype people start building the protocol & infrastructure & they get investments. Investors now are looking for startups that are building user cases that are big & global. The technology is fairly well known. What is missing is a really large global user case that has traction.

Pemo Theodore

Pemo Theodore is a Media Publisher and a great people connector. She was Founder Silicon Valley TV which served the San Francisco Bay Area for 10 years! She has produced Silicon Valley Events for Investors & Startups for 10 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 6 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto and audio podcasts. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is audio & visual media and she has built up a great body of work of videos of panels & interviews and podcasts in Silicon Valley startup ecosystem. She has lived & worked in Canada, Australia, New Zealand, Ireland, London, Northern Ireland & Silicon Valley. Bio https://pemo.one

View all posts

Sign up for Silicon Valley Blockchain Invest Newsletter

Our Latest Podcasts

Follow us on Twitter

Best FinTech Blog

Sign up for Silicon Valley Blockchain Invest Newsletter

Silicon Valley Blockchain Invest

Follow Us!

%d bloggers like this: