Moving Forward, And Getting Into The Blockchain

Moving Forward, And Getting Into The Blockchain — Image credit: Morvanic Lee (https://unsplash.com/photos/GiUJ02Yj_io)

I consider myself to be a lucky person. I definitely am privileged for accumulating a diverse variety of professional experiences that have helped me grow as a leader and as a person.

Back in 2009 I moved away from the pharmaceutical sector and it was one of the most important decisions I have ever made. But, it paid off when I started working with entrepreneurs, coached at Singularity University the summer 2013 and took the lead of the Barcelona Lean Startup Community, which I helped grow from 10 to 2,000 members in 2 years! This was very exciting for me, and I first met many of you around this time. I sometimes missed the effervescence of that moment, back when the startup community in Barcelona was just taking off.

Later on, I looked into creating my own company. I founded B-wom, and literally disappeared from the Barcelona startup scene because it required all my focus and time. This is also one of my greatest accomplishments, in both my personal and business lives. B-wom, a healthcare mobile app, was launched in Barcelona, received $1 million dollars in funding during its first year and quickly opened in New York City, reached more than 200,000 registered users, and is now about to close a millionaire round.

It was a difficult decision, but after four years I decided to leave the company this summer to let my partner Helena Torras to continued the work that my first co-founder, Olatz Zebrerio, and I started back in 2013. It has been a very enriching period, from which I have learned a lot, and after which I am proud of where I brought the company.

I am forever thankful to my team for their efforts in building B-wom, they poured their hearts and souls into building the company and, of course, I am grateful for the amazing followers we gained. Lastly, I thanked the investors who believed in our team and vision.

So, after this great experience, I decided to pursue new challenges, I like them, and “out-of-comfort” is my comfort zone. So, I looked around.

The “Nxt” move: moving to the Nxt and Ardor blockchains

After months of researching what to do I decided that I wanted to work with the blockchain and I joined Ardor and Nxt platforms. Why? Well first, blockchain technology is amazing and it has endless applications problems in a diverse array of sectors. The more I learned, the more I understood how much potential it has. Secondly, because the technology is still so new I imagined so many possibilities for it and this was very exciting to me.

Why Ardor and Nxt?

I asked around and, to my surprise, I found experienced people close to me who became my mentors, my wise “Yodas”. One of them introduced me to Nxt and Ardor technology, which I quickly found matched the three “must haves” that I was looking for in my next project: (1) great and solid technology, (2) talented, engaged and passionate people, and (3) a fast growing project in a disruptive sector.

In fact, Nxt was the first Proof-of-Stake (PoS) altcoin. Being one of the oldest blockchains in the market after Bitcoin, it offers functionalities that others are still claiming they will implement, like a marketplace, a voting system, a shuffling functionality (for anonymity purposes), among others. Nxt is also the first blockchain to use a PoS consensus, an alternative to the not so scalable Proof-of-Work (PoW) consensus used by many blockchains, notably Bitcoin and Ethereum. PoS is a more sustainable and efficient way to validate transactions, and more suitable for blockchain business applications. The Nxt developers were very innovative and forward-thinking when they designed the Proof-of-Stake consensus.

Ardor is the second technology I work with, built on the Nxt platform. It has a unique architecture, which I will mention more about shortly. The uniqueness and business potential of Ardor struck me as being very disruptive. It is, indeed, a very innovative product in a very disruptive market.

The Ardor platform is not just a blockchain, but is a platform of blockchains.

The Ardor platform is not just a blockchain, but is a platform of blockchains, Ardor being the parent chain ensuring the security and networking of the child chains and their nodes. Basically, this architecture enables any company to easily use smart contracts without having to worry about providing security and validating transactions — a common issue with Ethereum.

Enough of the technical jargon…

What are the advantages of the Ardor platform?

They call it a Blockchain-as-a-Service (Baas) and it enables companies to adopt the blockchain technology in an easy and cost-effective way.

Ardor solves the blockchain scaling issue thanks to the aforementioned parent/child chain architecture which allows for the Ardor platform to be very scalable and architecture.

Ardor has (at the time of writing this article) a market cap of more than $1Billion and ranks 28 in the list.

So, yes, here I am again.

Blockchain for business is going to be a big thing in 2018. If you are around Barcelona, and want to know more, come to this new Meetup group and learn more about the many applications of the blockchain for businesses.