Ethereum: Breaking Down Banking Silos

Published on
January 1st, 2021
Duration
33 minutes


Ethereum: Breaking Down Banking Silos

The Interview - Crypto ·
Featuring Hudson Jameson and Alex Saunders

Published on: January 1st, 2021 • Duration: 33 minutes

Hudson Jameson, Ethereum Foundation community manager, joins Alex Saunders, founder & CEO of Nuggets News, to discuss Ethereum, banking silos, and privacy tooling. Jameson shares his experience working at a bank and the difficulty of using many disparate systems where Ethereum provides a singular platform that consolidates much of the tools needed. He explains efficiency gains that could be possible for banks if they adopted Ethereum for their infrastructure. He touches on the importance of privacy tooling and the developments happening in that area. Filmed on July 14, 2020. Key Learnings: Ethereum can help break down banking silos. Providing a single platform for interbank interactions can improve efficiency and reduce costs. Privacy tools being built on top of Ethereum can improve its utility and adoption by financial entities.

Comments

Transcript

  • MJ
    Marius J.
    1 January 2021 @ 12:34
    Why did your not post this before? Valuable info to have 6 months ago.
    • KC
      Ken C.
      1 January 2021 @ 18:18
      I agree !!!
    • MS
      Michael S.
      2 January 2021 @ 20:59
      You would have bought Ethereum 6 months ago because you saw this video?
    • MJ
      Marius J.
      3 January 2021 @ 08:22
      Yes, this would have given me even more understanding in ETH besides all other ETH input I get. The more the better.
    • BB
      Ben B.
      3 January 2021 @ 15:46
      Yes, this would have been good alpha.
    • DD
      David D.
      12 January 2021 @ 13:15
      Yeah, there is a constant problem with RV wherein they seem to load the videos too slowly relative to the time of the interview. I understand the need for production and editing but they really could increase the value of the service just with faster turn around times.
  • JP
    John P.
    1 January 2021 @ 17:12
    Good interview. Funny that they say “the early days” of Ethereum. What is that, 6 years? Millennials are funny.
    • DD
      David D.
      12 January 2021 @ 13:13
      hahhahaha. nice one
  • ph
    phil h.
    4 January 2021 @ 09:22
    I have enjoyed listening to ALL these crypto videos. Just excellent. I enjoy the short, direct approach rather than the less punchy videos in RV that ramble on. Well done. And great interviewing Alex. Really appreciate your clarity and extra help to understand all this. Whenever you say “for the viewers at home....” I expect your extra words of wisdom. Just brilliant offering
  • SM
    Suzanne M.
    3 January 2021 @ 16:48
    I'm not like most of this community, just hanging on by a thread listening to these new concepts. But my crypto returns in the last month have made me suddenly voracious for news in the space. At RV I always feel like I'm listening to the smartest person in the room, but it's very inside baseball. I wish you'd define a term every now and then in the beginning. Can we have a kindergarten corner?!
    • PR
      Peter R.
      4 January 2021 @ 00:20
      Consensys Glossary --> https://consensys.net/knowledge-base/a-blockchain-glossary-for-beginners/ Also, the blockchain training alliance offer free business fundamentals course which is aimed at non-technical folk who want an overview and basic understanding of blockchain technology --> https://blockchaintrainingalliance.com/collections/self-paced-training/products/blockchain-overview-business-foundations-on-demand
  • CU
    Christian U.
    2 January 2021 @ 16:33
    can u stop talking about the past from 10 years ago and focus on the future please. u did the same with vitalik. its a waste of time
    • BK
      Brian K.
      3 January 2021 @ 01:38
      at least he made his bed
  • MR
    Michael R.
    2 January 2021 @ 18:57
    As always great video, I am sold. What I am very interested in knowing is the nuts and bolts. All these block chain projects have a function. And to be a wise investor I need to know the purposes and functions of these different projects. I am not a developer so I need to know in a slightly dumbed down version, not completely dumbed down only slightly. Thanks Mike
  • TT
    Theo T.
    2 January 2021 @ 15:39
    Bitcoin is already worth 30k. This is out dated information. Lol.
  • TP
    Timothy P.
    1 January 2021 @ 18:24
    "it was not ideal to do what we did ( DAO Rollback )" -- he thinks this was the good way to handle problems. Trashing others tx's because your shoddy contract code allowed someone to transfer funds. It wasn't a "hack", the contract language explicitly allowed it. The fault is the ETH devs, so ready to "move fast and break things" that they didn't care if they broke transactions of other people. Emotionalist analysis of "DAO was a baby" and other prattle doesn't address the point. Of course he says "we're too big for that to happen again" -- sound familiar? Say 2008-era-familiar? How about the massive hacks in DeFi? Millions lost, perhaps rivaling the DAO debacle. Still to big to fail? Interviewing ETH's spin-doctor may be a softball win for RV, but it really doesn't address the real questions.