#060 Making Data Honest (and Valuable) with Omar ElNaggar (Weavechain) and Zach Pettet (Money20/20)
Smart Friends
00:00
The Importance of Blockchain Technology in the Enterprise Blockchain Space
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
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