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Interview Rachid Ajaja, Co-founder and CEO of AllianceBlock
Today we’re talking with Rachid Ajaja, Co-founder and CEO of AllianceBlock, the world’s first globally compliant decentralized capital market. Rachid originally worked in investment banking for ten years before moving to Paris where he worked for a leading research team in AI. At this time, in 2017, he began to learn about cryptocurrency and dabbled in investing. After losing a little bit of money and not understanding why, he dove further into the markets and learned more about the technology. After making many investments he began to notice the many discrepancies. This was when he had the idea to build a decentralized investment platform that would protect investors. He brought on his friend Amber Ghaddar as an advisor but she quickly fell in love with the project and so they co-founded AllianceBlock.
Many Use Cases
AllianceBlock spent one year incubating their idea and understanding the power of decentralized finance. With banks and other forms of traditional finance becoming more interested, they realized the problem was with regulations and compliance. AllianceBlock has many use cases including simplifying cross border activity, regulated digital asset offerings, compliant decentralized open finance solutions, and compliant P2P lending for institutional clients. Data is one of the most important aspects now and they’re seeing more interest in regulated digitized derivatives and fund distribution.
Bridging The Gap
AllianceBlock aims to bridge the gap between traditional and decentralized finance. The OCC has recently come out to say that federally chartered banks can have institutional nodes and AllianceBlock offers staking for those institutional nodes. Rachid says the difference is in holding assets vs putting into liquidity. Liquidity mining is so important for projects that want to raise money or have liquid assets. The community plays an important role in providing liquidity. The AllianceBlock protocol has three important layers of communication. Those layers are a cross-border regulatory compliance layer, a data governance and privacy layer, and a transactions and workflow layer.
Exciting Things On The Horizon
Rachid is most excited about decentralized finance technology and the pace at which new technologies are coming to the space. He’s also excited to see the flow of money coming from traditional finance to decentralized finance. The potential is huge and Rachid can’t wait to see the full impact.
To Learn More
To learn more about AllianceBlock, go to allianceblock.io and also allianceblock.medium.com. They can also be found on Twitter @allianceblock.
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Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.
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By The DIVI Podcast
5
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Today we’re talking with Rachid Ajaja, Co-founder and CEO of AllianceBlock, the world’s first globally compliant decentralized capital market. Rachid originally worked in investment banking for ten years before moving to Paris where he worked for a leading research team in AI. At this time, in 2017, he began to learn about cryptocurrency and dabbled in investing. After losing a little bit of money and not understanding why, he dove further into the markets and learned more about the technology. After making many investments he began to notice the many discrepancies. This was when he had the idea to build a decentralized investment platform that would protect investors. He brought on his friend Amber Ghaddar as an advisor but she quickly fell in love with the project and so they co-founded AllianceBlock.
Many Use Cases
AllianceBlock spent one year incubating their idea and understanding the power of decentralized finance. With banks and other forms of traditional finance becoming more interested, they realized the problem was with regulations and compliance. AllianceBlock has many use cases including simplifying cross border activity, regulated digital asset offerings, compliant decentralized open finance solutions, and compliant P2P lending for institutional clients. Data is one of the most important aspects now and they’re seeing more interest in regulated digitized derivatives and fund distribution.
Bridging The Gap
AllianceBlock aims to bridge the gap between traditional and decentralized finance. The OCC has recently come out to say that federally chartered banks can have institutional nodes and AllianceBlock offers staking for those institutional nodes. Rachid says the difference is in holding assets vs putting into liquidity. Liquidity mining is so important for projects that want to raise money or have liquid assets. The community plays an important role in providing liquidity. The AllianceBlock protocol has three important layers of communication. Those layers are a cross-border regulatory compliance layer, a data governance and privacy layer, and a transactions and workflow layer.
Exciting Things On The Horizon
Rachid is most excited about decentralized finance technology and the pace at which new technologies are coming to the space. He’s also excited to see the flow of money coming from traditional finance to decentralized finance. The potential is huge and Rachid can’t wait to see the full impact.
To Learn More
To learn more about AllianceBlock, go to allianceblock.io and also allianceblock.medium.com. They can also be found on Twitter @allianceblock.
--
Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.