
…e point of the decentralized applications is to be able to remove the middle man from transactions. If a project is trying to pay themselves a cut of transactions on the network, it defeats the purpose of doing it on the blockchain and might as well be a traditional centralized entity.
Lee Schneider kicked this session off saying blockchain is not an industry, it’s a technology. The regulatory framework depends on what type of blockchain project you’re building. If you’re building a healthcare network, you need to worry about all of those regulations. Same if it’s energy, food, etc.