We ask the buidlers in the blockchain and cryptocurrency sector for their ideas on the business… and we throw in a couple of random zingers to maintain them on their toes!
This week, our 6 Questions go to Denelle Dixon, CEO and govt director of the Stellar Development Foundation.
Denelle Dixon is the CEO and govt director of the Stellar Development Foundation, a nonprofit group utilizing blockchain to unlock the world’s financial potential by making a living extra fluid, markets extra open and folks extra empowered. Earlier than becoming a member of Stellar, Denelle served as the chief working officer of Mozilla, one of the most profitable mission-driven open-source organizations. Throughout her tenure at Mozilla, she led the group’s enterprise, income and coverage groups, together with the ongoing battle for web neutrality and the world effort to make sure that individuals can management their private knowledge. She additionally pushed Mozilla to grasp methods to companion 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 personal fairness and expertise. 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 drawback you suppose blockchain has an opportunity to resolve however hasn’t been tried but?
There isn’t any scarcity of concepts for what blockchain can resolve in phrases of effectivity, transparency, knowledge safety, pace and price. The good 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 simply for crypto lovers anymore. Corporations, organizations and establishments at the moment are trying for methods to make blockchain half of their tech stack. Basically, if there’s a course of that may be improved upon with expertise, blockchain has the potential to be half of that resolution.
However blockchain must additional mature earlier than we see a completely complete resolution occur. So, possibly “attempt” isn’t the proper phrase right here a lot as “fully implemented.”
I might like to see blockchain deal with cybersecurity. Staying indoors all through the pandemic has solely amplified individuals’s reliance on expertise — by their modes of communication, buying habits or content material consumption/creation. Nevertheless it’s tough 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 consistently in danger of being scammed or hacked. So, whereas customers must take a extra vigilant strategy to safeguarding their very own knowledge, blockchain can shield customers at the product stage through decentralization and built-in encryption strategies. I’m very excited to see the place blockchain tasks specializing in cybersecurity find yourself in the coming years.
2 — What do you suppose shall be the greatest pattern in blockchain for the subsequent 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 barely rising as the expertise and infrastructure turns into extra sturdy and helpful, permitting individuals to resolve issues in more and more versatile methods.
Because of this industries past simply fintech will begin pondering of methods blockchain can profit them. I welcome the diversification of industries as they create extra functions, services and products to blockchain, because it signifies rising acceptance by the public that blockchain actually could be half of the mainstream.
Relating to monetary programs, 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 an economical, 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 turn out to be way more snug with the thought of digital currencies and blockchain usually.
3 — What’s the most fascinating place you’ve ever visited, and why?
This can be a laborious query as a result of (*6*) might cowl so many emotions. If I needed to decide one, I might go along with Kraków, Poland. Whereas my go to there was transient, I might really feel the historical past — each lovely and tragic — beaming from inside the massive, culturally distinct and traditionally important areas of Kraków. The up to date metropolis boasts vibrant companies with historic buildings and church buildings and cathedrals dotting the panorama. It was a shifting juxtaposition for me, particularly after visiting the Jewish Quarter — Kazimierz — which is an ever-present reminder of the tragedies inflicted throughout WWII mixed with more moderen brilliance in the resurgence of the Jewish group 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 future of social media?
If anybody has watched The Social Dilemma on Netflix, they’re most likely conscious that social media has deviated removed from its authentic promise: to offer an area the place individuals can voice their ideas and join with each other.
We see now that social media has an entire host of issues. Not solely have the psychological and cultural impacts of social media been extra dramatic than many of us anticipated however present insurance policies and laws aren’t sufficient to safeguard customers.
As with most expertise, social media in itself is neither good nor unhealthy. It’s a device, albeit one that’s extremely inclined to algorithmic adjustments and design decisions in the fingers of a couple of.
So, will we see much more video-driven options as a result of that’s what performs finest in keeping with the algorithm? Will we see the voices of a couple of rise to the high as a result of they occurred to say the factor that might get the most eyeballs? Will we see firms enhance their prominence on social media as a result of their promoting budgets are the main supply of income for these networks? Sure to all of the above.
However now we all know the place the flaws of social media exist, and these networks have to be reexamined, redesigned and rebuilt with not simply the enter of a couple of, however from all voices. That’s what it’ll take to recapture what made social media so particular in the first place: to have a platform the place your voice could be heard and issues.
5 — What are the high 5 Crypto Twitter feeds you may’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 preserve tabs on broader traits, use instances and improvements going down in crypto.
@TheBlock__: How they keep up to date on all the main gamers in the crypto/blockchain house — quick, candy and to the level.
@ForbesCrypto: They’re one of the greatest crypto pubs on Twitter and for good cause: They get all the exclusives!
@BlockchainAssn: The Blockchain Affiliation has a entrance seat to DC policymaking and laws in blockchain and crypto. I respect their nuanced takes on the discussions and laws circulating in the house.
@CoinMarketCap: CoinMarketCap is a knowledge lover’s dream. Except for the rankings and charts, [what] they’re finest identified for, CoinMarketCap additionally places out nice content material specializing in world coverage, laws and tasks occurring in crypto.
6 — Shut your eyes and suppose of a cheerful place. What do you see?
I see my household, my dad and mom, my companion, our kids and our shut buddies sitting round a bonfire in our yard enjoying a sport of charades. It’s one of my happiest moments — notably when my crew is successful.