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#060 Making Data Honest (and Valuable) with Omar ElNaggar (Weavechain) and Zach Pettet (Money20/20)
Smart Friends
The Importance of Verifiable Financial Data in Startups
Omar: There's two pressures, which is rare. Like one of the things we're talking about is like the regulators. I was just talking with a new Jordan's exchange for DeFi today that's going to have a stable coin as part of their platform. And this is a startup that's less than six months old, you know, preparing for a main net launch this summer. That's exactly what we were talking about. O'Neill: We think verifiable financial data by default will give people confidence in these really innovative products of the future. He says it could be an advantage to whoever picks up those capabilities first and takes them to mark.
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