Interview with Michael Hines of 10XTS for Crypto Monday
Filmed April 21, 2021 at De La Vida
La Placita, San Juan, Puerto Rico
Introduction of 10XTS: The interview begins with a shoutout to De La Vida for hosting the event and acknowledges 10XTS as the sponsor. 10XTS is described as a company that helps governments and enterprises create decentralized record management systems using advanced APIs for collaboration and blockchain solutions for governance, risk, and compliance automation.
Michael Hines' Background: Michael Hines is introduced as a business executive with extensive experience in startup and early-stage companies. He has a background in technology solutions architecture, marketing, business operations, and finance. He started developing software in the late 1970s, with over 40 years of experience in software and data architecture.
Career Highlights: The interview provides insights into Michael Hines' career, mentioning his role as the lead internet architect for Pro Wear, which won a Smithsonian lottery award for connecting a judicial system to the World Wide Web. He also served as the president of the board of directors for the Franklin County Economic Development Commission.
Founding of Founder Institute: In 2016, Michael launched the Cincinnati chapter of the Founder Institute, a Silicon Valley-based global accelerator. This local accelerator has launched nearly 30 companies with pre-money valuations of a million dollars each.
Focus on Blockchain and Regulation: The interview delves into the topic of blockchain and its potential to bring efficiencies and cooperation between the private sector, financial industry, and regulators. It discusses the emergence of broker dealers in the blockchain space and the evolution of regulatory compliance. Michael Hines also touches on the concept of fractional ownership in assets through tokens and the challenges of tokenizing securities.