We ask the buidlers within the blockchain and cryptocurrency sector for his or her ideas on the business… 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 govt director of the Stellar Growth Basis.
Denelle Dixon is the CEO and govt director of the Stellar Growth Basis, a nonprofit group utilizing blockchain to unlock the world’s financial potential by earning profits extra fluid, markets extra open and folks extra empowered. Earlier than becoming a member of Stellar, Denelle served because the chief working officer of Mozilla, probably 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 continued combat for internet neutrality and the worldwide effort to make sure that individuals can management their private information. She additionally pushed Mozilla to grasp easy methods to accomplice 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 common counsel and authorized advisor in non-public fairness and know-how. All through her profession, Denelle has been a vocal advocate for internet neutrality, encryption, the disclosure of vulnerabilities by governments, and higher person selection and management.
1 — What’s one drawback you assume blockchain has an opportunity to unravel however hasn’t been tried but?
There is no such thing as a scarcity of concepts for what blockchain can resolve by way of effectivity, transparency, information safety, velocity and price. The good factor is blockchain’s versatility could be utilized to most if not all industries starting from finance to healthcare to training to retail. And blockchain has been round lengthy sufficient that it’s not only for crypto fanatics anymore. Corporations, 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 answer.
However blockchain must additional mature earlier than we see a totally complete answer occur. So, perhaps “try” isn’t the correct phrase right here a lot as “totally applied.”
I’d like to see blockchain deal with cybersecurity. Staying indoors all through the pandemic has solely amplified individuals’s reliance on know-how — by means of their modes of communication, purchasing habits or content material consumption/creation. Nevertheless it’s tough for customers to decide on between defending their information and the incentives supplied to them for offering entry to their information — to not point out that customers are consistently liable to being scammed or hacked. So, whereas customers have to take a extra vigilant method to safeguarding their very own information, blockchain can shield customers on the product degree by way of decentralization and built-in encryption strategies. I’m very excited to see the place blockchain tasks specializing in cybersecurity find yourself within the coming years.
2 — What do you assume would be the greatest development in blockchain for the following 12 months?
From a common standpoint, as blockchain turns into extra consumer-friendly, we’ll see extra companies and people start to undertake it. Curiosity in blockchain is simply rising because the know-how and infrastructure turns into extra sturdy and helpful, permitting individuals to unravel issues in more and more versatile methods.
Because of this industries past simply fintech will begin pondering of the way blockchain can profit them. I welcome the diversification of industries as they create extra purposes, 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 methods, 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 answer. If these establishments start issuing stablecoins on their very own, as Bitbond and Financial institution von der Heydt did, the mainstream client will turn out to be rather more comfy with the concept of digital currencies and blockchain usually.
3 — What’s probably the most fascinating place you’ve ever visited, and why?
It is a onerous query as a result of “fascinating” may cowl so many emotions. If I needed to decide one, I’d go along with Kraków, Poland. Whereas my go to there was temporary, I may really feel the historical past — each lovely and tragic — beaming from throughout 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 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 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 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 unique promise: to supply 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 people anticipated however present insurance policies and rules usually are not sufficient to safeguard customers.
As with most know-how, social media in itself is neither good nor dangerous. It’s a instrument, albeit one that’s extremely inclined to algorithmic adjustments and design selections 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 may get probably 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 have to 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 explicit order):
@CoinDesk: Their deal with information, analysis and multimedia content material assist me hold tabs on broader developments, use instances and improvements happening in crypto.
@TheBlock__: How they keep up to date on all the foremost gamers within the crypto/blockchain house — quick, candy and to the purpose.
@ForbesCrypto: They’re one of many greatest crypto pubs on Twitter and for good purpose: They get all of the exclusives!
@BlockchainAssn: The Blockchain Affiliation has a entrance seat to DC policymaking and rules in blockchain and crypto. I recognize their nuanced takes on the discussions and laws circulating within the house.
@CoinMarketCap: CoinMarketCap is a knowledge lover’s dream. Apart from the rankings and charts, [what] they’re finest recognized for, CoinMarketCap additionally places out nice content material specializing in world coverage, rules and tasks occurring in crypto.
6 — Shut your eyes and consider a contented place. What do you see?
I see my household, my mother and father, my accomplice, our youngsters and our shut pals sitting round a bonfire in our yard taking part in a sport of charades. It’s considered one of my happiest moments — notably when my workforce is successful.