The Importance of Blockchain Technology in the Enterprise Blockchain Space

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The first principles of web3 data and what you're actually trying to get is the ability to make attestations about your current infrastructure, not rip and replace it with some brand new stuff. We've been working on a use case around proof of custody with lenders and crypto market makers that let's say before FTX we're living in a very happy world where everybody was making money and there were no defaults. And then after FTX blew up, suddenly a lot of people weren't being held accountable for their loans. The best tool for incentivizing people in this world of accountability is money. That's what's going to get us out of bed. You just need to think of a name

Topics:

(4:21) - Introducing Omar & Zach (nerds)

(5:30) - Why will Web3 data take 100% of the market?

(7:22) - What are data flows?

(14:40) - Does the whole world need to be on Web3 to execute your vision?

(18:02) - Is there a gamification to this whole approach?

(25:05) - Are you seeing finance being the first industry to adopt Web3 Data flows?

(34:29) - CryptoPoops.com (Finest shit on the internet)

(36:02) - Being able to verify truth at any point

(44:59) - The history of HTTPS

(47:41) - The SVB crisis, wire transfers & chainalysis

(50:09) - Can we implement something like Weavechain without replacing the skeleton of the current financial system?