How We Can Help Stabilize The Cryptocurrency Market, With Eiland Glover, CEO of Kowala

“We want to do what we feel called to do, to always do our best, and to always do what’s right — despite the many obstacles and struggles.”

I had the pleasure of interviewing Eiland Glover, CEO of Kowala, a blockchain company which has created a cryptocurrency robotically pegged to the U.S. dollar, maintaining its value to that of the USD. Improving upon “asset-backed” stablecoin companies, Kowala utilizes a mathematical algorithm to peg its coin — ensuring truthful (and truly decentralized) stability.

Thank you so much for doing this with us! Can you tell us the story of how you got involved with the Regtech or Crypto markets?

I’m an entrepreneur who has always been interested in how the intersection between financial technology and education can help individuals prosper in market economies. When my friend and long-term collaborator, software engineer John Reitano, created one of the first privacy-oriented cryptocurrencies in 2013, I argued that he was focusing on the wrong problem. Our fervent discussions about the significance of cryptocurrency led us to an important question: “Why is no one actually using their bitcoin?” Our main answer was…