We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!
This week, our 6 Questions go to Lisa Fridman, the president and co-founder of Quadrata, a network that brings an identity and compliance layer to DeFi across existing public blockchains.
Lisa Fridman was previously the head of blockchain strategy at Springcoin (Spring Labs). Prior to joining Spring Labs, Lisa served as a co-head of strategy at Martlet Asset Management, CEO of PAAMCO Europe and the global head of research at PAAMCO. Lisa is an experienced investor and a business builder. Throughout her career, she has worked closely with institutions, delivering bespoke solutions. She received her Master of Business Administration and graduated summa cum laude with a Bachelor of Arts in Business Economics from the University of California, Los Angeles.
1 — What does decentralization mean to you, and why is it important?
Decentralization, to me, means not having to depend on a single entity to continue operations. For example, creating a network where different parties can validate the data necessary for various use cases mitigates the potential risk of a single point of failure. We embrace this philosophy at Quadrata in the context of our passport ecosystem.
2 — What is the main hurdle to gaining mass adoption of blockchain technology?
The main hurdle to mass adoption of blockchain technology is limited data availability on-chain and a lack of compliance-aware solutions. By understanding the need for identity, reputation and compliance on- and off-chain and creating products to address this gap in the market, we can help onboard more individuals and institutions to DeFi and Web3 overall. It’s still technologically challenging, so for further retail adoption, more streamlined, easy-to-access solutions need to exist.
3 — What do you think will be the biggest trend in blockchain for the next 12 months?
I think the biggest trend in blockchain…