We ask the buidlers within the blockchain and cryptocurrency sector for his or her ideas on the trade… and we throw in a number of random zingers to maintain them on their toes!
This week, our 6 Questions go to Denelle Dixon, CEO and government director of the Stellar Improvement Basis.
Denelle Dixon is the CEO and government director of the Stellar Improvement Basis, a nonprofit group utilizing blockchain to unlock the world’s financial potential by earning money extra fluid, markets extra open and other people extra empowered. Earlier than becoming a member of Stellar, Denelle served because the chief working officer of Mozilla, one of the crucial profitable mission-driven open-source organizations. Throughout her tenure at Mozilla, she led the group’s enterprise, income and coverage groups, together with the continued struggle for web neutrality and the worldwide effort to make sure that folks can management their private knowledge. She additionally pushed Mozilla to grasp learn how to associate with industrial entities whereas staying true to its core mission of openness, innovation and alternative on the net. A lawyer by commerce, Denelle beforehand served as a basic counsel and authorized advisor in non-public fairness and know-how. All through her profession, Denelle has been a vocal advocate for web neutrality, encryption, the disclosure of vulnerabilities by governments, and higher consumer selection and management.
1 — What’s one downside you suppose blockchain has an opportunity to resolve however hasn’t been tried but?
There isn’t a scarcity of concepts for what blockchain can clear up when it comes to effectivity, transparency, knowledge safety, pace and price. The nice factor is blockchain’s versatility could be utilized to most if not all industries starting from finance to healthcare to schooling to retail. And blockchain has been round lengthy sufficient that it’s not only for crypto fanatics anymore. Firms, organizations and establishments are actually in search of methods to make blockchain a part of their tech stack. Basically, if there’s a course of that may be improved upon with know-how, blockchain has the potential to be a part of that resolution.
However blockchain must additional mature earlier than we see a totally complete resolution occur. So, possibly “try” isn’t the fitting phrase right here a lot as “absolutely applied.”
I might like to see blockchain deal with cybersecurity. Staying indoors all through the pandemic has solely amplified folks’s reliance on know-how — by means of their modes of communication, purchasing habits or content material consumption/creation. However it’s troublesome for customers to decide on between defending their knowledge and the incentives offered to them for offering entry to their knowledge — to not point out that customers are always prone to being scammed or hacked. So, whereas customers must take a extra vigilant strategy to safeguarding their very own knowledge, blockchain can defend customers on the product degree through decentralization and built-in encryption strategies. I’m very excited to see the place blockchain initiatives specializing in cybersecurity find yourself within the coming years.
2 — What do you suppose would be the greatest development in blockchain for the following 12 months?
From a basic standpoint, as blockchain turns into extra consumer-friendly, we’ll see extra companies and people start to undertake it. Curiosity in blockchain is just rising because the know-how and infrastructure turns into extra sturdy and helpful, permitting folks to resolve issues in more and more versatile methods.
Which means industries past simply fintech will begin considering of the way blockchain can profit them. I welcome the diversification of industries as they convey extra functions, services to blockchain, because it signifies rising acceptance by the general public that blockchain actually could be a part of the mainstream.
Relating to monetary techniques, the dialog round stablecoins and digital currencies will proceed to accentuate. We’re lastly beginning to see buy-in from conventional monetary establishments that blockchain is a cheap, swift and highly effective resolution. If these establishments start issuing stablecoins on their very own, as Bitbond and Financial institution von der Heydt did, the mainstream shopper will grow to be rather more snug with the concept of digital currencies and blockchain normally.
3 — What’s essentially the most attention-grabbing place you’ve ever visited, and why?
It is a onerous query as a result of “attention-grabbing” might cowl so many emotions. If I needed to decide one, I might go together with Kraków, Poland. Whereas my go to there was temporary, I might really feel the historical past — each lovely and tragic — beaming from throughout the massive, culturally distinct and traditionally vital areas of Kraków. The modern metropolis boasts vibrant companies with historic buildings and church buildings and cathedrals dotting the panorama. It was a transferring juxtaposition for me, particularly after visiting the Jewish Quarter — Kazimierz — which is an ever-present reminder of the tragedies inflicted throughout WWII mixed with newer brilliance within the resurgence of the Jewish neighborhood there with artwork exhibitions that commemorate the rebuilding. For me, going to Kraków was a lesson in life, artwork and cultural safety.
4 — What’s the way forward for social media?
If anybody has watched The Social Dilemma on Netflix, they’re in all probability conscious that social media has deviated removed from its authentic promise: to offer an area the place folks can voice their ideas and join with each other.
We see now that social media has a complete host of issues. Not solely have the psychological and cultural impacts of social media been extra dramatic than many people anticipated however present insurance policies and rules should not sufficient to safeguard customers.
As with most know-how, social media in itself is neither good nor unhealthy. It’s a software, albeit one that’s extremely prone to algorithmic modifications and design decisions within the fingers of some.
So, will we see much more video-driven options as a result of that’s what performs finest based on the algorithm? Will we see the voices of some rise to the highest as a result of they occurred to say the factor that might get essentially the most eyeballs? Will we see corporations enhance their prominence on social media as a result of their promoting budgets are the first income for these networks? Sure to all the above.
However now we all know the place the failings of social media exist, and these networks must be reexamined, redesigned and rebuilt with not simply the enter of some, however from all voices. That’s what it’ll take to recapture what made social media so particular within the first place: to have a platform the place your voice could be heard and issues.
5 — What are the highest 5 Crypto Twitter feeds you possibly can’t do with out, and why?
Am I allowed to say @cointelegraph?
The opposite 5 are (in no specific order):
@CoinDesk: Their give attention to knowledge, analysis and multimedia content material assist me maintain tabs on broader tendencies, use instances and improvements going down in crypto.
@TheBlock__: How they keep up to date on all the most important gamers within the crypto/blockchain area — quick, candy and to the purpose.
@ForbesCrypto: They’re one of many greatest crypto pubs on Twitter and for good cause: They get all of the exclusives!
@BlockchainAssn: The Blockchain Affiliation has a entrance seat to DC policymaking and rules in blockchain and crypto. I respect their nuanced takes on the discussions and laws circulating within the area.
@CoinMarketCap: CoinMarketCap is a knowledge lover’s dream. Apart from the rankings and charts, [what] they’re finest identified for, CoinMarketCap additionally places out nice content material specializing in world coverage, rules and initiatives taking place in crypto.
6 — Shut your eyes and consider a contented place. What do you see?
I see my household, my dad and mom, my associate, our youngsters and our shut pals sitting round a bonfire in our yard taking part in a sport of charades. It’s certainly one of my happiest moments — significantly when my staff is profitable.