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CoinDesk Podcast Network

MONEY REIMAGINED: Decentralized Storage, AI, and Blockchain Convergence | Shawn Wilkinson’s Insights on Industry Transformation

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7698 Ratings

🗓️ 11 October 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

An optimistic perspective on the fusion of AI and blockchain technologies, with augmented reality as a potential emerging frontier. This episode is sponsored by PayPal In this episode of "Money Reimagined," Sheila Warren delves into the exciting convergence of blockchain, AI, and digital assets, particularly emphasizing decentralized storage and processing, with Shawn Wilkinson Founder & CSO of Storj.  Wilkinson highlights his journey from founding a distributed cloud storage company, Storj, to developing a distributed GPU platform for AI. The conversation touches on the challenges of crypto adoption and the critical role of token economics in incentivizing engagement in distributed computing and storage projects. Furthermore, Shawn discusses the potential cost savings and security benefits of decentralized systems in AI and cloud computing. Regulatory challenges in the US crypto market are explored, with an emphasis on the importance of building practical, real-world solutions.  LINKS: storj.io  - PYUSD, a stablecoin made for Payments. 1USD = 1PYUSD. Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S Treasuries and similar cash equivalents. Buy, sell, hold, and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years. Get Started now at paypal.com/pyusd - Money Reimagined has been produced by senior producer Michele Musso, edited by associate producer Ryan Huntington and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.9

This episode of Money Reimagined is sponsored by PayPal.

1:02.6

You're listening to CoinDesk's Money Reimagined with Michael Casey and Sheila Warren.

1:12.6

Hello and welcome to Money Reimagined. I'm Sheila Warren. I got a solo show this week as Michael's away, but a reminder to listen to us weekly on the Coin Desk Podcast Network or wherever you get your podcasts.

1:17.6

We love to hear from you. You can tell us what you think by sending us an email at Podcasts at CoinDest.com,

1:23.6

the subject line of Money Reimagined. Today we'll be talking a bit about blockchain and AI,

1:28.6

crypto and AI, digital assets in AI, and how all of these things ultimately intersect. I'm joined

1:34.5

today by Sean Wilkinson. He's the founder of Storage and of Protea. Storage is one of the biggest

1:39.6

distributed storage platforms available today, and Protea is an AI company that uses decentralized processing

1:45.4

on the back end. So, decentralized processing, Sean, let's start there. Walk us through this

1:51.6

entire model and how you're using a blockchain, if at all, or if not, what does decentralized mean

1:56.8

to you? Sure, sure. So, yeah, I guess it's worth going back a little bit to set a little context.

2:03.6

So I've been in kind of the Crypto Web 3 space for 10 years now, started in 2012.

...

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