Published on: May 4th, 2021 • Duration: 57 minutes
Real Vision senior editor Ash Bennington hosts Michael Shaulov, founder & CEO of Fireblocks, to discuss how Fireblocks helps organizations within the digital asset space secure their infrastructure, misunderstandings between wallet & key management, risks, regulations, and future applications. Shaulov explains that Fireblocks supplies the rails and wallet infrastructure to some of the largest players in the digital asset space. Shaulov states that there are three problems that Fireblocks are helping to resolve—wallet, how one conducts transfers, and how to ensure the first two problems are handled properly and void of security threats. While Shaulov shares how there are many good solutions already out there to move the financial industry onto new rails, they have varying levels of success. What is needed for clients and individuals to align with what they might consider the best solution to be is thoughtfulness, sensitivity, and transparency from experts so as to ensure the solution needed is readily available and easy to be acted on. Filmed on April 30, 2021.
Key Learnings: Shaulov explains that there are very few organizations in the world that are able to defend against supply chain attacks. Shaulov states that on the customer side, the question is, “Do you have a technology that can facilitate those processes?” Fireblocks has built an infrastructure that allows users to customize their levels of authorization and automate deployment rules to validate and secure transactions, making it difficult for a user’s funds to be compromised.