Published on: January 19th, 2021 • Duration: 43 minutes
Robert Materazzi, CEO of Lukka, joins Raoul Pal, Real Vision CEO, to discuss blockchain data, Lukka, and the problems it was built to solve. Materazzi explains that for most institutions it’s very difficult to coordinate data across multiple blockchains, especially when much of the data is privately held in exchanges. Lukka helps solve this with their own data solutions. Materazzi explains that as the ecosystem becomes more diverse, the more difficult it is to reconcile data, and that solving this problem should help make a smoother experience for institutions to interact with the crypto asset world. Filmed on January 11, 2021.
Key Learnings: In order to have widespread adoption from institutions, the back office frictions need to be smoothed out. Bridging the data between various chains and exchanges is necessary to increase adoption and acceptance of crypto among businesses. 99% of transaction data Lukka handles is non-blockchain data, showing that much of the data needed by businesses is actually private, not publicly available data as many believe.