Norwegian business magazine Kapital has written a portrait interview with our CEO and Founder Jon Ramvi!
The next big thing will happen in Europe
“Some of the world’s most valuable companies like Amazon, Facebook and Google — will be developed in Europe — and most preferably in Norway,” says Jon Ramvi.
It is easy to think “dream on” when Ramvi presents his visions of where and how Web 3.0 should occur. But the 32-year-old founder from Rogaland, Norway has accomplished remarkable things before. When he was 20 years old, he started the company EasyPeasy and got two million people around the globe to download their Linux-based operating system. It could go on, but iPad came and conquered the market for small computers.
Writing his master thesis he discovered blockchain and bitcoin technology, and went all in learning more about it. For a year he worked at Norway’s biggest bank, DNB, but left the stable and well-paid job to start his second company together with Oskar Åslund and Jonas Therkelsen. Blockchangers.
After three fruitful months in Norway’s biggest tech accelerator, StartupLab, they moved out and rented a 250 square meter place in Møllergaten 6 in the center of Oslo. Today the consultancy and product company Blockchangers, is the first in Norway to focus on blockchain and Web 3.0.
Turnover has gone from one million NOK last year to six million this year. Ramvi and Co have worked with thirty customers, big names like Storebrand, DNB, Statkraft, OBOS and Brønnøysund registers. Their meetup group counts 3000 members and they organize Northern Europe’s largest blockchain conference — Oslo Blockchain Day. And Ramvi got a nickname, the Godfather of blockchain, by the Norwegian Financial Times.
Now he sits in front of us with glasses, red beard and woolen sweater, and talks about the future data architecture.
“Customers are often easily concerned when they contact us. The intention is usually to know what blockchain implies for them — for their business.”
“If you are one of the biggest players on the market then blockchain is probably not a tool for you. Blockchain will democratize systems and empower people. On the other hand, smaller players could use this tool to outperform major players. So here is a dilemma; Are you going to take part in the development and maybe ruin yourself? Or do you stand on the sidelines and hope that you are doing well,” asks Ramvi rhetorically.
Ramvi explains you can think of blockchain as a roundabout that replaces all traffic lights and their complicated setups. The runway uses the logic of each driver and the traffic slides easily, provided that the rules are followed. You can still use the complicated traffic lights system, but why not try something that is better, like blockchain.
“We say there are three directions within blockchain; cryptofinance, DLTs and supply chain and smart contract platforms. The latter is what we work with.”
He emphasizes that the most important thing for him is that blockchain has a democratizing effect. You end up with blockchain networks, where several players decide, but nobody decides more than others.
“If you set up such network between a bank, an organization and public entity, then it is not the case that the public entity has the main access and the others have restricted access. Everybody controls the network. There is a new way to think of data structure, which allows you to run applications in a completely new way. Either then everything happens — or nothing happens. This means that one can begin to give more confidence to end-users,” explains Ramvi.
He thinks that the giant technology companies from Silicon Valley will be challenged.
“By using blockchain you will break down the data silos that exist today, such as the way Facebook and Google own your data and lock them in today will disappear.”
Do you have a chance here?
“Yes, this is high risk, but we are testing many things at the same time.”
When do you find out if you succeed or not?
“An important milestone is when we go from being a consultancy company to a product company, that we have one or more products that generate income even when we are not at work. I’m not interested in an exit. I’m going to build a company that lives on,” Ramvi strikes.