Blockchain Entrepreneurs Launch Blockgeeks, Offering Expertise to Companies
Summary
“The biggest challenge is that businesses outside of fintech don’t understand it, and therefore either ignore it or run away from it, reducing the chances for blockchain to interface with the mainstream economy,” Rosic told CCN. “This is especially true when there are scare stories or controversies, even if these are entirely natural for such a radical new technology.” “I was helping a couple of other blockchain-related companies with their business and a bunch of my startup friends kept asking me ‘what is blockchain?’” Rosic added. Blockgeeks will provide this clarity by means of weekly “ask me anything” sessions (AMAs) and messaging opportunities with on-demand blockchain experts, in addition to educational courses and blog posts. “In the longer term, however, we aim to provide a welcoming, practical environment for other types of business too.” Rosic is a blockchain marketing expert, investor and blogger who has served as a commentator on sites like VentureBeat and the Huffington Post. Also read: Putting blockchain into practice is proving difficult for banks Blockchain services are already being built which can: ● Track the movement of a diamond through a supply chain and authenticate its provenance, without relying on an expert or salesman; ● Build a tamper-proof escrow that pays out automatically when certain conditions are met, without a third party; ● Provide a digital wallet to people who lack traditional identity papers or bank accounts, enabling them to build savings, take loans and pay for things independently of the fiat currency or bureaucracy in the country where they live.
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