Blockchain Startup Aims To Revolutionize Bitcoin 2.0 Landscape
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 8 February 2017
⏱️ 26 minutes
🧾️ Download transcript
Summary
Mark Smargon, co-founder of Colu explains that they are looking to give users the ability to exchange digital cash directly to support local businesses and encourages sustainable and equitable economic growth. Additionally when users shop local with the app, they get additional discounts and locals only offers.
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Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.0 | Future Technologies is poised to transform our lives for better or worse for the focus of this podcast. Almost here |
| 0:14.3 | means these technologies are now here and starting to be used. We're just around the |
| 0:18.8 | corner. For Bitcoin to Artificial Intelligence, 3D printing, blockchain, virtual reality, and more. |
| 0:25.4 | Good afternoon, this is Tracy Myrda on behalf of Richard Jacobs here at |
| 0:30.8 | Future Tech Podcast. |
| 0:32.6 | Today I have a wonderful guest. |
| 0:34.6 | I'm very excited to welcome Mark |
| 0:36.7 | the co-founder of Kulu. |
| 0:39.2 | Mark, thank you so much for joining me today. |
| 0:42.3 | Thank you for having me. |
| 0:44.0 | So, Mark, you're the VP and co-fonder of this startup, which I guess the goal is aimed to revolutionize sort of the way we use Bitcoin. |
| 0:54.6 | Tell me a little bit about how you got started in this technology in the first place and in |
| 1:00.8 | digital currency and how you started Kulu.com. Yeah so Kulu is trying to |
| 1:09.8 | revolutionize the way that we use money. So Bitcoin is for us the biggest ecosystem for digital |
| 1:18.7 | assets in the world. So it was a great place to start for us and we came. Before KOLO I founded an Israeli exchange called |
| 1:30.0 | the BitGo and before that had a software development company for 15 years and |
| 1:38.7 | two years ago I bought my first bit coins and I'm in this community ever since and for me |
| 1:48.8 | Bitcoin is not only for me but Bitcoin has sparked the discussion about how to apply it to |
| 2:00.6 | traditional finance and the COLU sort of started as just a company that tries to |
| 2:09.9 | understand what's exactly does it mean to take a blockchain technology or to take |
| 2:19.2 | ideas from the Bitcoin world and apply them to the business needs of today and when we started is we just called ourselves a |
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