Published on: January 20th, 2021 • Duration: 43 minutes
JuanPablo Thieriot, CEO of Uphold inc., joins Santiago Velez, co-founder and R&D division lead for Block Digital, to discuss Uphold, the future of crypto, and digital identity. Thieriot explains that Uphold enables “anything to anything” trading, but that they are closer to being a brokerage than an exchange. He describes Uphold as being connected to many exchanges, but not actually matching trades or order books. As the crypto ecosystem grows there will be a greater need for interoperability between networks, and Uphold allows users to receive payments in any asset, providing interoperability for its users. Thieriot touches on the importance of digital identity and how this will likely have a dramatic impact on the future of crypto, enabling users to interact directly with accounts with different rules and regulations by proving their identity on-chain. Filmed on January 15, 2021.
Key Learnings: The dramatic growth of crypto and new digital assets creates an increasing need for interoperability between networks. Digital identity is a critical component to the next stage of growth for crypto networks as it opens up many more use cases, such as making crypto interoperable between banks and various jurisdictions.