Curious what it is like inside a seed-stage accelerator focused on Future Technology? This week, we invite Scott Robinson into the studio, who is the founder partner and director of Plug and Play FinTech, the financial and security focused startup accelerator in partnership with Citi, USAA, Capital One, Intuit, and other corporations. Since the launch of the program in February 2015, Scott and his team have accelerated over 72 FinTech startups and has led numerous investments into the domain. So, the key criteria for potential startups is that they can stand the test of time and build upon the intriguing peer-to-peer network philosophy behind bitcoin’s distributed system.
One of the biggest challenges if we want to secure the Internet of Things centers on identity. Specifically: how will we go about getting billions or hundreds of billions of intelligent devices to connect and communicate with each other securely? It’s not just about Tesla knowing that the device on the other end of a firmware update is a Model S versus a Model X. It’s about the thousands of sensors within that Tesla communicating with the road and other infrastructure, or knowing that a command to brake or swerve is a legitimate command that comes from the driver or another trusted subsystem. This week we invite Blockchain specialist and steategy analyst from Chain of Things, Mr. Conor Colwell, to the show to discuss cryptography, security and IoT industries globally. Chain of Things is set up to explore all security applications within blockchain IoT and look at the development of open-standards for the industry to use. So sit back, press play, and dive in.
It is hard to think it's been eight months since Ryan X Charles came onto our show, as we are in dire need of an update on what he was been working on. There are a lot of great content creators on the internet, but most of them aren’t earning any money. Yours is a way to solve this problem. By thoughtfully incentivizing payments to creators, they give people a reason to pay for content on the internet. Their app depends on an integrated bitcoin wallet, and this week they have made important progress enabling small payments with low fees: they have broadcast our first micropayment on bitcoin testnet. Well hot damn. Let's get to it!
It’s no secret that tech has a diversity problem. Women are largely underrepresented, and Blacks and Latinos are almost invisible. While microeconomics assumes national income and aggregate price as given, and explains the determination of relative productions and prices of various goods and services, quite the opposite is true for macroeconomics. It is assumed that the value of bitcoin is directly dependent on its use for transactions. Enter, Collin Thompson, who is a blockchain technology and IoT entrepreneur, and venture capital investor out of Hong Kong.
The number-one corporate objective, when crossing the chasm, is to secure a distribution channel into the mainstream market, one with which the pragmatist customer will be comfortable. Enter DECENT, which provides open-source software that enables users to share unlimited virtual content; the company’s main goal is to give a chance to individuals whose voice is normally controlled. What better person to explain all of this to us than one of the company’s co-founders and CEO? Matej Michalko joins us in the studio this week.
When a ballot proposal that would have replaced the city ordinance failed, Uber and Lyft left Austin, TX as promised. Since May 9, there have been no ride-sharing services available in this city of almost a million people. So it’s no surprise that tech-savvy Austinites, like this episodes special guest, Christopher David, who have taken matters into their own hands without the concern about red tape or corporate bullshit. Arcade City is a rideshare startup designed to be integrated into the Ethereum blockchain. Now, we keep it 100 here at The Bitcoin Podcast and I won't pretend there isn't any skepticism. The thing that worries me about this is that the guy was called out recently for being a bit of a scam artist. Turns out, he has straight forward answers to all our questions. And yes, we do have trust in him and Arcade City.
We (up 'til now) haven't talked to much about the Lightning Network. The Lightning Network is a network of payment channels. When Alice wants to pay Carol, or Dave, or Susan, she finds the shortest route and makes a payment through the route using smart contracts. If Alice cannot find any route to pay Dave, Alice opens up a channel directly to Dave. Makes sense? No? Well...for starters our guest is Olaoluwa Osuntokun who might know a thing or two about it. In addition, Steven Mckie (Yours) and Valerian Bennett (PopChest) join us as the Bitcoin Justice League assembles to talk how this network affects their own creations.