Episode 20: Blockchain, Crypto-Backed Loans, and BlockFi
The Exchange with Zac Prince
In The Exchange with KB, host Kirill Bensonoff continues his series of interviews with today’s top innovators and business leaders to know. In this latest episode, KB is joined by Zac Prince Founder of BlockFi.
Learn More About Our Guest:
Zac Prince is the founder of BlockFi, which provides access to high-interest crypto accounts and low-cost credit products to clients worldwide. His experience also includes leadership roles at multiple successful tech companies. Prior to starting BlockFi, he led business development teams at Orchard Platform, a broker-dealer and RIA in the online lending sector, and Zibby, an online consumer lender. Zac also holds qualifications from Texas State University and holds a BA in International Business.
Visit: https://blockfi.com/ and follow him on Twitter: @BlockFiZac
Timestamps:
00:00 Introduction and welcome
00:36 Background
02:58 Starting BlockFi
05:13 The BlockFi business model
06:58 BlockFi cards
09:16 Crypto-backed loans
11:00 Bitcoin beyond the hype
14:00 The challenge in finding VC’s
16:00 Roadblocks to crypto adoption
18:14 What is crypto really?
20:22 BlockFi and stablecoins
22:00 Tokenizing other assets
24:00 Globalization of crypto
27:25 Savings on the blockchain
28:36 Regulation in flux
31:05 Sovereign cryptocurrencies
31:48 Regulatory clarity
34:27 What’s next for BlockFi?
35:00 Conclusion
