In this episode, Steve McGarry talks to Eyal Hertzog, founder of Bancor and CEO of DeWeb. They discuss several topics from Bancor and its advantages and how DeWeb can change how online services and the whole ecosystem can be used.
Eyal Hertzog's History
Eyal Hertzog talked about his start in the technology industry when he joined the Israeli army. He served in their IT department as a manager for the Intelligence Core for four years. Hertzog then joined Class Data Systems as their application marketing engineer in 1997.
He then invested in his first startup called Contact Networks. In 2003, Eyal started his second company called MetaCafe, which rivaled YouTube at that time. And in February of 2017, he released a company called Bancor.
What is Bancor?
According to Mr. Hertzog, Bancor is a blockchain protocol that enables its users to instantly convert several virtual currencies instead of using cryptocurrency exchanges like Coinbase. Bancor is a solution to provide liquidity for any asset hassle-free.
What is DeWeb?
DeWeb is a different way online services can be developed, operated, and marketed. It is a simple solution that permits several parties in a free market and permissionless ecosystem.
There are three levels and classes when you use DeWeb. The software developer, operator, or like a cloud service, and the marketers or the domain owners whose job is to acquire users. These three roles allow users to run a service in a more centralized and organized way.
There is also a royalty distribution engine that ensures that it is shared with the developer and the operator whenever revenue is generated. Their goal is to make online services public and free for everyone to use. DeWeb believes that it is better to create a transparent environment.
For more information about the company, you can visit their website at deweb.io.
--
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.