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 Growth Basis.
Denelle Dixon is the CEO and government director of the Stellar Growth Basis, a nonprofit group utilizing blockchain to unlock the world’s financial potential by making a living 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, some of the 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 internet neutrality and the worldwide effort to make sure that folks can management their private information. She additionally pushed Mozilla to grasp the way to associate with business 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 internet neutrality, encryption, the disclosure of vulnerabilities by governments, and higher consumer selection and management.
1 — What’s one drawback you assume blockchain has an opportunity to resolve however hasn’t been tried but?
There isn’t any scarcity of concepts for what blockchain can resolve by way of effectivity, transparency, information safety, pace and value. The nice factor is blockchain’s versatility will 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. Corporations, organizations and establishments are actually in search of methods to make blockchain a part of their tech stack. Primarily, if there’s a course of that may be improved upon with expertise, blockchain has the potential to be a part of that answer.
However blockchain must additional mature earlier than we see a completely complete answer occur. So, perhaps “try” isn’t the correct phrase right here a lot as “absolutely applied.”
I might like to see blockchain sort out cybersecurity. Staying indoors all through the pandemic has solely amplified folks’s reliance on expertise — by way of their modes of communication, buying habits or content material consumption/creation. Nevertheless it’s troublesome for customers to decide on between defending their information and the incentives offered to them for offering entry to their information — to not point out that customers are continually prone to being scammed or hacked. So, whereas customers have to take a extra vigilant method to safeguarding their very own information, blockchain can defend customers on the product degree by way of 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 assume would be the largest 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 expertise and infrastructure turns into extra sturdy and helpful, permitting folks to resolve issues in more and more versatile methods.
Because of this industries past simply fintech will begin considering of the way blockchain can profit them. I welcome the diversification of industries as they carry extra purposes, services and products to blockchain, because it signifies rising acceptance by the general public that blockchain actually will be a part of the mainstream.
Concerning 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 answer. If these establishments start issuing stablecoins on their very own, as Bitbond and Financial institution von der Heydt did, the mainstream client will develop into far more snug with the thought of digital currencies and blockchain usually.
3 — What’s probably the most fascinating place you’ve ever visited, and why?
This can be a onerous query as a result of “fascinating” might cowl so many emotions. If I needed to choose 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 throughout the giant, culturally distinct and traditionally vital 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 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 laws aren’t sufficient to safeguard customers.
As with most expertise, social media in itself is neither good nor dangerous. It’s a device, albeit one that’s extremely vulnerable to algorithmic adjustments and design selections within the arms of some.
So, will we see much more video-driven options as a result of that’s what performs finest in accordance with the algorithm? Will we see the voices of some rise to the highest as a result of they occurred to say the factor that will get probably the most eyeballs? Will we see firms enhance their prominence on social media as a result of their promoting budgets are the first income for these networks? Sure to the entire above.
However now we all know the place the issues of social media exist, and these networks should 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 will be heard and issues.
5 — What are the highest 5 Crypto Twitter feeds you’ll be able to’t do with out, and why?
Am I allowed to say @cointelegraph?
The opposite 5 are (in no specific order):
@CoinDesk: Their deal with information, analysis and multimedia content material assist me maintain tabs on broader tendencies, use circumstances and improvements going down in crypto.
@TheBlock__: How they keep up to date on all the main gamers within the crypto/blockchain area — quick, candy and to the purpose.
@ForbesCrypto: They’re one of many largest 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 laws in blockchain and crypto. I admire their nuanced takes on the discussions and laws circulating within the area.
@CoinMarketCap: CoinMarketCap is an information lover’s dream. Except for the rankings and charts, [what] they’re finest identified for, CoinMarketCap additionally places out nice content material specializing in international coverage, laws and initiatives taking place in crypto.
6 — Shut your eyes and consider a cheerful place. What do you see?
I see my household, my mother and father, my associate, our kids and our shut pals sitting round a bonfire in our yard enjoying a recreation of charades. It’s one in all my happiest moments — notably when my group is profitable.