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Finding Genius Podcast

Centrifuge – Connecting the Global Financial Supply Chain

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 14 June 2018

⏱️ 16 minutes

🧾️ Download transcript

Summary

Markus Ament, CEO and Co-Founder of Centrifuge joins Future Tech Podcast. Centrifuge is an open, decentralized operating system to connect the global financial supply chain.
It allows participants to transact on a global network while maintaining ownership of their data, including their validated company details, their reputation, business relationships, and subsequent transactions.

Transcript

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0:00.0

Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs.

0:07.6

Future technologies are always to transform our lives for better or worse or the focus of this podcast.

0:13.3

Almost here means these technologies are now here and starting to be used.

0:17.8

We're just around the corner, from Bitcoin to artificial intelligence, 3D printing,

0:22.7

blockchain, virtual reality, and more.

0:26.4

Hello, everyone, and welcome to Future Tech Podcast. I'm your host, Juliette Lamar.

0:31.4

We have with us today, Max Ayman. He is the CEO and co-founder at Centrofuge. Welcome, Max.

0:38.1

Hey, hi. Welcome. Thank you.

0:40.8

Why don't you go ahead and kick us off with explaining a little bit about Centrofuge?

0:45.3

Well, sure. So at Centrofuge, we're building what we call the operating system for global commerce.

0:51.9

And, well, I get to that in a minute what that means but it is

0:55.2

maybe quite helpful to understand that the background where we actually come

0:59.2

from so we come from the from the fintech space from the small medium business

1:03.9

lending space so that's what we did as a team the same founding team for the

1:07.8

last yeah almost 20 years and specifically the last 10 years in a company by the name of Taulya.

1:13.2

And what we did there, we actually helped, yeah, businesses, small, medium and large, to get access to liquidity.

1:20.5

And with centrifuge now for the last, yeah, almost year, we're trying to move that concept into a decentralized manner and using the blockchain

1:31.1

for that. And the pieces that we want to solve here is to have data sovereignty and your own

1:39.1

reputation on blockchain as a small and medium business so that you can then use that data ownership and

1:45.8

your decentralized reputation to access financial services.

1:50.1

Financial services as early payments on invoices, as insurances, as loans, and so on and

1:55.8

so forth.

...

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