When a persistent, obvious need in an industry aligns with the potential of blockchain technology, a use case emerges. As employees of a data aggregation service with a blockchain twist, Lisa Smith and William Fox of Data Gumbo found their company centered at the intersection of industry-wide need and a blockchain-powered solution.
Their mission: to find inefficiencies between counterparties and propose a solution, which most often centers around blockchain-powered smart contract technology.
Running Data Gumbo has given Smith and Fox a firsthand view into the challenges and benefits of blockchain as a cost-cutting technology.
Listen to today’s episode to glean insight from the minds of two blockchain industry pros.
About Lisa Smith: Lisa Smith is the Chief Corporate Development Officer for Data Gumbo, which helps companies implement smart contract technology in their operations. Her current mission is to develop a thriving international ecosystem of industries and alliances to support the development of an interconnected web of blockchain ledgers.
She’s described as a “protean leader – facilitator one day, driver, motivator and problem solver the next.”
About William Fox: William Fox is the Chief Product Officer for Data Gumbo. He’s previously served as Director of Operations and Senior Manager for drilling solutions and services company MHWirth.
What you will learn in this episode:
- How to spot inefficiencies that are suited to a blockchain solution.
- What are the barriers commonly found when implementing smart contracts?
- What does it look like to implement smart contracts on a business-wide scale?
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