Itai Turbahn: The Evolution of Online Identity - [Web3 Breakdowns, EP.65]

78 snips

Apr 7, 2023

Itai Turbahn, Co-Founder and CEO of Dynamic Labs, talks about the current methods of logging onto a website, the promise and challenge of crypto wallets, and how Dynamic Labs is building an authentication system. They also discuss the evolution of crypto, potential use cases of wallets, revolutionizing real estate titles with blockchain, and prioritizing resources in a multi-chain thesis.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

ANECDOTE

Project Management in the IDF

Itai Turbahn worked as a project manager in the Israeli Defense Force's intelligence unit.
His role involved interacting with customers and iterating on products based on their feedback, much like in a Silicon Valley startup.

INSIGHT

Crypto Curiosity

Itai Turbahn's consistent passion for crypto over 15 years led him to co-found Dynamic Labs.
He and his co-founder frequently discussed crypto's potential, viewing it as "magic internet money."

INSIGHT

Wallet Definition

A crypto wallet is more than just a private key interface; it's a versatile tool.
It combines payment, storage, and authentication functionalities on shared rails, fostering innovation.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

My guest today is Itai Turbahn. MIT, BCG, Harvard - Itai has had the pick of blue chip institutions in his career; throughout it all, he has been passionate about Crypto. As Co-Founder and CEO of Dynamic Labs, Itai is focused on improving online identity and authentication. He paints a compelling vision where multiple wallets enable rich and deep interactions across the internet. We talk about the current methods of logging onto a website, the promise and challenge of crypto wallets, and how Dynamic Labs is trying to build an authentication system for everyone. Please enjoy my conversation with Itai Turbahn.

For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.

-----

Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.

Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.

Show Notes

(00:02:23) - (First question) - What it was like to be the project manager of the Israeli Defence Force

(00:03:27) - At what point in his career crypto became a curiosity

(00:04:54) - Some of the main drivers around crypto that captivated his attention

(00:06:20) - Defining what a wallet is and what it can do

(00:07:52) - What problems with wallets Dynamic Labs set out to solve

(00:10:03) - Who built the wallet integration on OpenSea

(00:11:31) - Why the ease of signing in with Google is different than with your wallet

(00:13:18) - Whether or not Google profits from the auto-login feature for websites and apps

(00:16:10) - Thoughts about segregation of information as we navigate the web with wallets

(00:19:20) - The redundancy of existing identity, KYC, and real estate title infrastructure

(00:24:24) - Whether or not Dynamic Labs will exist once the wallet wars are won

(00:27:13) - How much users might feel overwhelmed if everything becomes a wallet

(00:29:15) - The auto-approval power wallets can eventually offer consumers

(00:32:30) - Problem prioritization amidst a multi-chain thesis and limited resources

(00:34:32) - Top themes and requests users are making of Dynamic Labs

(00:36:42) - Whether or not they spend any time with Web2 companies

(00:37:32) - Economic models and building their products with them in mind

(00:40:28) - The power owning our own data would unlock even though it may never happen

(00:45:13) - What he’s most excited to build over the next six months and six years

Learn more about your ad choices. Visit megaphone.fm/adchoices