Justin Fisher & Maxwell Sanchez- VeriBlock- Backing Your Transactions with the Full Power of Bitcoin
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 2 April 2018
⏱️ 31 minutes
🧾️ Download transcript
Summary
What if blockchains could be secured and time-stamped to Bitcoin? And how could something like that be achieved in a way that maintains the decentralized, transparent and permissionless nature of blockchains themselves? These are a couple of the big questions that led Justin Fisher and Maxwell Sanchez to the creation of VeriBlock.
"The VeriBlock blockchain is itself secured to Bitcoin and acts as an efficiency and aggregation layer that allows other blockchains to secure themselves to Bitcoin in a cost-effective and easy-to-use manner," says Sanchez.
It relies upon a concept that Fisher and Sanchez refer to as "proof of proof," which will not only allow exchanges, merchants and users to make informed decisions about whether or not to accept a payment, but will allow them to do so with the confidence of knowing that each transaction is secured with the full power of Bitcoin. In fact, altering a transaction on the VeriBlock platform would require a forking of Bitcoin itself.
Fisher and Sanchez bring an impressive amount of insight and technical knowledge to the discussion. Tune in to hear the details, visit veriblock.org and check out VeriBlock's telegram channel.
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, blockchain, virtual reality, and more. |
| 0:32.2 | Coming to Dallas, Texas, September 14th, 15th, and 16th, 2018, the Blockchain and Future Tech |
| 0:39.5 | Expo. |
| 0:40.6 | This is going to be a gigantic conference of over 5,000 people. |
| 0:44.7 | We're going to be talking about blockchain and its applications. |
| 0:47.6 | We're going to be talking about quantum computing, cybersecurity, artificial intelligence, |
| 0:52.0 | and several other future technologies that are poised to and |
| 0:56.4 | actually changing our lives as we speak. Here's why you should attend. As you may know, |
| 1:01.7 | early adopters are the ones that investigated and profited from things like the gold rush |
| 1:06.7 | in the 1800s, from the dot-com boom in the 1990s, from the internet boom in 2005, from the |
| 1:13.5 | smartphone explosion in 2007, from the real estate boom that ended in 2008, and of course, |
| 1:19.5 | from the Bitcoin boom that started in 2012. Early adopters act now, they don't wait until |
| 1:25.0 | later. They go out west first and they're covered wagons. They |
| 1:28.4 | find the biggest gold nuggets. If you consider yourself an early adopter and you want to find |
| 1:33.5 | the biggest nuggets, then you owe it to yourself to attend this upcoming conference. Blockchain |
| 1:38.2 | is going to affect how we control and store our medical data, how we send money around the world, |
| 1:43.9 | how we bank, and more. |
| 1:45.8 | But artificial intelligence, quantum computing, and cybersecurity will play a pivotal role |
| 1:50.7 | in our lives as well. |
... |
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