UPDATED 12:30 EST / MARCH 14 2018

EMERGING TECH

Empowering the blockchain ecosystem through interoperable infrastructure

In many ways, the blockchain market looks remarkably similar to that of the early internet. The secure ledger technology has enabled rapid booms, seen rumored busts, and still holds vast potential for tremendously disruptive growth in digital currency markets. For all the strides cryptocurrency has made, leaders in the space still have big plans for innovating in both blockchain tech and its larger community, as well as transforming legacy industries through new currency exchange processes.

“This is beyond the internet. This is value transfer now without needing intermediaries, and the disruption that’s going to happen is going to just completely change finance, the way that currencies are handled,” said Anthony Di Iorio (pictured), co-founder of the smart contract platform Ethereum and founder and chief executive officer of Decentral Inc., developer of the Jaxx wallet software. A pioneer in crypto technology, Di Iorio believes firmly in blockchain’s potential to make waves throughout the tech community and beyond.

Di Iorio spoke with John Furrier (@furrier) and Dave Vellante (@dvellante), co-hosts of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, at the Polycon18 event in the Bahamas. They discussed his experience in the space and where he plans to take Ethereum as the industry rapidly evolves.

Creating wins for everybody

When Di Iorio started developing bitcoin wallets in 2013, he saw his work as an opportunity to create an infrastructure that would make bitcoin accessible for every individual. “Wallets are the browser for value transfer. … We’re in the age of value, and wallets are what enable people to manage and move digital assets,” he said.

Through building Ethereum, his belief that infrastructure would be crucial to the space was even more affirmed. Now, Di Iorio is determined to streamline connections for the entire blockchain market. “All these companies from the space that are offering value in different areas — we want to be that single interface that brings it all together,” he said.

With efficient interoperability and improved partner interactions as his driving goals, Di Iorio has been perfecting blockchain infrastructure for the past two years. “The key system that we offer, the interface to all the connections which is the browser, and then the backend AWS, almost like structures to all the different blockchains, is our value-add to all of our partners,” he said.

Though he hesitates to use the word “disruptor,” Di Iorio plans for Ethereum to create huge ripples throughout the economy at large. “I’m building the browser so that the websites can actually interact with the technology … and value transfer is amazing,” he said. “All the different sectors are going to be actually changed.”

While blockchain may hold as much potential for transformation as the early internet era, Di Iorio paints a picture of the crypto community ethos very different from the one that seemed to drive the dot com boom, and resultant bust. “Creating wins for everybody, helping to push every product that actually has value, incentivizing people to create better valuable projects,” he said. “I’m not about Ethereum; I’m not about bitcoin; I’m about the whole ecosystem.”

Watch the complete video interview below, and be sure to check out more of SiliconANGLE’s and theCUBE’s coverage of Polycon18.

Photo: SiliconANGLE

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