CRYPTO 101

Ep. 632 Transfer Crypto Cross Chain for Less w/ Across

Dec 17, 2024
In this engaging discussion, Hart Lambert, CEO of Across and former Goldman Sachs bond trader, shares his insights on the transformative journey from traditional finance to the dynamic world of cryptocurrency. He emphasizes the critical need for blockchain interoperability and the innovative concept of intent-based bridging. Hart also explores the implications of tokenization of real-world assets and the potential of decentralized finance. With exciting predictions for 2025, he highlights how technologies can create a more efficient user experience across diverse blockchain networks.
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ANECDOTE

Hart's Background

  • Hart Lambert worked as a bond trader at Goldman Sachs for eight years before transitioning to crypto.
  • This experience gave him insights into market mechanics and financial systems.
INSIGHT

Crypto's Potential

  • Traditional finance systems have inefficient back-end processes, like settlement.
  • Crypto offers a chance to reinvent these systems, potentially leading to new innovations.
INSIGHT

Tokenization Benefits

  • Tokenization of real-world assets, like stocks and bonds, offers significant cost savings.
  • A study showed a 30,000x cost reduction using Ethereum Layer 2 for transactions.
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