Ask blockchain and crypto sector builders what they think about the industry … and throw in some random ginger to keep them on your toes!
This week, our 6 questions go to Lisa Fridman, President and Co-Founder of Quadrata, is a network that brings a layer of identity and compliance to DeFi across existing public blockchains.
Lisa Fridman was previously responsible for the blockchain strategy of Springcoin (Spring Labs). Prior to joining Spring Labs, she was Co-Head of Strategy at Martlet Asset Management, CEO of PAAMCO Europe, and Head of Global Research at PAAMCO. Lisa is an experienced investor and business builder. Throughout her career, she has worked closely with institutions to provide bespoke solutions. She holds a Master of Business Administration degree and a literary degree in Business Economics from the University of California, Los Angeles, graduating with excellent grades.
1 What does decentralization mean to you and why is it important?
To me, decentralization means that you don’t have to rely on a single entity to continue your business. For example, creating a network that allows different parties to validate the data needed for different use cases reduces the potential risk of a single point of failure. We embrace this philosophy in Quadrata in the context of the passport ecosystem.
2 What are the main hurdles to adopting blockchain technology in large numbers?
The main hurdles to adopting blockchain technology in large numbers are the limited availability of data on the chain and the lack of a compliance-aware solution. By understanding the need for on-chain and off-chain identities, reputation, and compliance, and creating products that address this gap in the market, we can involve more individuals and institutions across DeFi and Web3. It’s still technically difficult, so there needs to be a more streamlined, accessible solution for further adoption by retailers.
3 What do you think is the biggest trend in blockchain over the next 12 months?
The biggest trend in blockchain over the next 12 months is to reassess the products that are solving the needs that exist in today’s market and the unbearable solutions lifted by the rise of the bull market for cryptocurrencies. I think they themselves during the recession. Quadrata believes that identity needs have not yet been addressed in the chain and expects more peers to compete in this area.
4 I think blockchain has a chance to solve, but what are the issues that haven’t been tried yet?
Blockchain has the potential to improve many areas of daily life. It’s not untried, but there’s a lot to cover. Being at the beginning of this journey is truly exciting and we look forward to contributing to future innovation.
5 Do you think the government will try to kill cryptocurrencies?
No, I don’t think the government will try to kill the crypto. I believe that a constructive regulatory framework is needed for the digital asset market to attract widespread participation of institutions and individuals. For example, if the majority of the population depends on DeFi for economic needs, the government wants to implement protection to ensure that people understand the risks associated with these opportunities. The challenge is to implement a framework that creates safeguards while facilitating innovation.
6 How do they react when you tell people that you are in the blockchain industry?
Anyone who says I’m in the blockchain industry usually responds strongly. My friend, who paved the way for the transition to cryptocurrencies many years ago, welcomes me to a club of believers who believe in the power of blockchain technology to transform our world. Many others are curious about what blockchain really means and what the different ways to participate in the opportunities that blockchain creates. Almost uniformly, people are excited to talk about blockchain throughout the setting and share their views on the value it brings and the hurdles of its adoption.
Ask blockchain and crypto sector builders what they think about the industry … and throw in some random ginger to keep them on your toes!
This week, our 6 questions go to Lisa Fridman, President and Co-Founder of Quadrata, is a network that brings a layer of identity and compliance to DeFi across existing public blockchains.
Lisa Fridman was previously responsible for the blockchain strategy of Springcoin (Spring Labs). Prior to joining Spring Labs, she was Co-Head of Strategy at Martlet Asset Management, CEO of PAAMCO Europe, and Head of Global Research at PAAMCO. Lisa is an experienced investor and business builder. Throughout her career, she has worked closely with institutions to provide bespoke solutions. She holds a Master of Business Administration degree and a literary degree in Business Economics from the University of California, Los Angeles, graduating with excellent grades.
1 What does decentralization mean to you and why is it important?
To me, decentralization means that you don’t have to rely on a single entity to continue your business. For example, creating a network that allows different parties to validate the data needed for different use cases reduces the potential risk of a single point of failure. We embrace this philosophy in Quadrata in the context of the passport ecosystem.
2 What are the main hurdles to adopting blockchain technology in large numbers?
The main hurdles to adopting blockchain technology in large numbers are the limited availability of data on the chain and the lack of a compliance-aware solution. By understanding the need for on-chain and off-chain identities, reputation, and compliance, and creating products that address this gap in the market, we can involve more individuals and institutions across DeFi and Web3. It’s still technically difficult, so there needs to be a more streamlined, accessible solution for further adoption by retailers.
3 What do you think is the biggest trend in blockchain over the next 12 months?
The biggest trend in blockchain over the next 12 months is to reassess the products that are solving the needs that exist in today’s market and the unbearable solutions lifted by the rise of the bull market for cryptocurrencies. I think they themselves during the recession. Quadrata believes that identity needs have not yet been addressed in the chain and expects more peers to compete in this area.
4 I think blockchain has a chance to solve, but what are the issues that haven’t been tried yet?
Blockchain has the potential to improve many areas of daily life. It’s not untried, but there’s a lot to cover. Being at the beginning of this journey is truly exciting and we look forward to contributing to future innovation.
5 Do you think the government will try to kill cryptocurrencies?
No, I don’t think the government will try to kill the crypto. I believe that a constructive regulatory framework is needed for the digital asset market to attract widespread participation of institutions and individuals. For example, if the majority of the population depends on DeFi for economic needs, the government wants to implement protection to ensure that people understand the risks associated with these opportunities. The challenge is to implement a framework that creates safeguards while facilitating innovation.
6 How do they react when you tell people that you are in the blockchain industry?
Anyone who says I’m in the blockchain industry usually responds strongly. My friend, who paved the way for the transition to cryptocurrencies many years ago, welcomes me to a club of believers who believe in the power of blockchain technology to transform our world. Many others are curious about what blockchain really means and what the different ways to participate in the opportunities that blockchain creates. Almost uniformly, people are excited to talk about blockchain throughout the setting and share their views on the value it brings and the hurdles of its adoption.