Orbs hits the road in Silicon Valley
I just finished a two-week trip to Silicon Valley, getting the chance to meet elements of the blooming blockchain ecosystem. That ecosystem includes more than just the altcoins we hear so much about, but a growing list of companies who see it as the future.
I was there to introduce Orbs to the greater community and build stronger connections for the company. The tour started at Tokenfest in San Francisco.
Something easy to notice was the sheer magnitude of players who came to pitch. Another way of putting it, there were more sellers than buyers, more people involved in ICOs than interested in them. But for sure, the event was definitely a success and benchmark for the industry.
For Orbs, it was exactly what we were hoping for, meeting with teams and companies leading the industry and treading new ground: Hyperledger, Atari, TenX, Steemit, Soda VC, and Nucleus Vision.
From there I had the chance to deliver a keynote to the Israel Dealmakers Summit, an annual meeting of more than 1,000 entrepreneurs, investors and enterprises involved in the Israeli startup ecosystem. During the presentation, I gave a rundown on the how — and why — behind app decentralization. It also gave us a great platform to present our premise, the creation of a good blockchain infrastructure for mainstream consumer apps.
You can watch the presentation here:
A lot of the companies I met were interested in getting into the game if they had not already. They are aware of technological breakthroughs of the past, like the internet, fundamentally changed the economy. While they might not aspire to be the Google of blockchain so to speak, they don’t want to be left behind. They don’t want to be Blockbuster compared to the Netflixes of the world.
Don’t get me wrong. These teams are genuinely interested in what blockchain technology can offer them. I had the chance to speak with the Mastercard Innovation Team, Sony, Paypal, Cisco, VMware, and many others.
While some are not sure yet how they would use the technology, they know there are questions about what kind of permissions they want to use.
There is a challenge corporations face when approaching blockchain is they are not utilizing blockchain technology to its fullest, particularly with an economy layer and a governance layer, respectively. I’m confident that fact is making its way up the chain of command in these companies as they learn more about what the chain can do for them.
It’s a good sign. These companies are not jumping in the deep end — they are learning more and more about blockchain’s advantages. They are starting to understand this is not simply another IT solution.
Afterwards, I flew to Los Angeles and met with representatives from Universal and Warner Brothers about how blockchain can help their studios. In addition, I had the opportunity to sit down with two of the more active VCs in the blockchain space: DNA.fund and Blockchain Industries.
It is unmistakable. You could sense the appetite from corporate participants to venture capitalists, to immerse themselves in this industry and put pedal to the metal.
Join the Orbs community:
- GitHub: https://github.com/orbs-network
- Telegram: https://t.me/orbs_network
- Twitter: https://twitter.com/orbs_network
- Reddit: https://www.reddit.com/r/ORBS_Network/
- Read the Orbs white papers: https://www.orbs.com/white-papers
