Unlocking Privacy on Ethereum with Paul Brody
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 25 January 2023
⏱️ 72 minutes
🧾️ Download transcript
Summary
Paul Brody is the head of EY’s blockchain business. EY is Ernst & Young, one of the “big 4” global professional services and accounting firms. He’s been at EY for nearly 8 years now and before that he was a VP at IBM where he started IBM’s first blockchain project.
Paul is deeply intertwined with the Ethereum community as well as enterprise use cases. If anyone is going to crack the nut of Enterprise use cases for public blockchains, it's going to be him.
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Timestamps:
0:00 Intro
7:00 Enterprise Blockchains
11:20 Public vs. Private Blockchains
15:00 Use Cases
18:36 Supply Chains vs. Digital Money
22:00 Disruption
23:55 Network Effects
26:40 EY's Nightfall
30:50 Low-Cost Transactions
37:30 Tokenizing the World
41:50 Real-World Assets
47:10 Transactions
50:44 Stablecoin Adoption
54:15 DeFi Integration
56:35 Operating Nightfall
59:40 Nightfall Roadmap
1:01:35 Why EY
1:05:15 Enterprise Blockchain Burn Leaderboard
1:08:40 Action Items & Disclaimers
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Resources:
Paul Brody
https://twitter.com/pbrody
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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Transcript
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| 0:00.0 | Thankless Nation, we're talking about privacy on Ethereum and enterprise blockchain. |
| 0:10.0 | We have Paul Brody from EY that's burnt some young on the episode today. |
| 0:15.0 | Paul's been a long time, I think, member of the Ethereum community advocate for enterprise blockchain |
| 0:21.0 | also has this project called Nightfall, David, that we want to get into, which is EY's... |
| 0:29.0 | Basically, it's a software suite. It's a layer 2 technology as well. |
| 0:34.0 | I believe it's a roll-up that we can find out a little bit more and it's privacy-centric. |
| 0:39.0 | And so there's a lot to unpack here, David. What are we going to cover today? |
| 0:43.0 | The concept of enterprise blockchain is a big one. There's, of course, IBM Hyperledger |
| 0:49.0 | that has previously captured a bunch of mine-share. There's the concept of putting supply chains on blockchains. |
| 0:56.0 | But overall, just like, enterprise blockchain is a big subject that has failed to start for so long now. |
| 1:04.0 | And it's always been about, like, why is that true? And Paul Brody is, I think, the only person I think I really trust with, |
| 1:11.0 | actually being the correct visionary for this whole world of enterprise blockchain. |
| 1:16.0 | He's been both straddling the deep core Ethereum community while also leading up EY's blockchain effort. |
| 1:24.0 | And I think that, and that's why I kind of only believe that it's really Paul Brody to really, |
| 1:28.0 | is the one that is building out this ecosystem, this universe of enterprise blockchain. |
| 1:32.0 | So we're going to lay the foundations of what is enterprise blockchain? What does it mean? |
| 1:36.0 | And why hasn't it gotten started yet? And what EY is coming to the crypto world today, |
| 1:43.0 | this last week with a recent nightfall release, hopefully, is the key ingredient that really unlocks this vast, vast world of enterprise blockchain. |
| 1:52.0 | Here we go, help us, Paul Brody, you're our only hope here. Before we get in, |
| 1:56.0 | I want to talk a little bit about our friends and sponsors. This is the crypto tax calculator, |
| 2:01.0 | because guess what, David, like it or not, it's tax season, my friends. |
| 2:04.0 | It's always tax season. It's always tax season somewhere. |
... |
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