After two years working with bitcoin and blockchain companies and corporate leaders, we identified that a significant issue hindering the widespread, global adoption of blockchain is the inability to quickly connect with the right combination of partners for testing and deployment of the technology to address real-world business challenges.
— Meltem Demirors
Digital currencies present a chance for money to truly become information, and for the creation of a global financial system that is truly frictionless, open, and uncensored - the vision we once had for the Internet.
Security is tantamount in the world of digital currencies, and rapid growth puts the security of the entire ecosystem at risk.
As we thought about how to help portfolio companies grow and scale while simultaneously supporting corporate discovery and experimentation, it became clear that we would need to collaborate with a technology infrastructure provider like AWS to help us build a platform for experimentation.
Money has always been framed as a public good, one that must be stewarded by governments, when in fact, it is a private enterprise like any other which is fueled by personal agendas, regulation, and the quest for geopolitical hegemony.
I believe the world has shifted from asked 'if' digital currencies will succeed to 'how and when' digital currencies will become mainstream.
The exciting thing about the current emergence of bitcoin 2.0 applications is that you don't have to know anything about bitcoin or how the blockchain works to get a lot of utility and value out of the technology.
In the world of digital currencies, the social network around open source projects has become a critical test bed for ideas, products, services, and early users.
I'm excited about the emergence of tokens, and while I'm skeptical of many of the early projects being launched, I do believe we are seeing the emergence of an entirely new asset class that will foster the growth of a new investment community, a new set of social networks, and most importantly, a new class of technologies.