Join us as we recap our most recent podcast episode with AllianceBlock Co-founder and CEO, Rachid Ajaja.
April 05, 2021 · 2 min read
Join us as we recap our recent interview with Rachid Ajaja, Co-founder and CEO of AllianceBlock, the world’s first globally compliant decentralized capital market.
If you’re interested in hearing the entire interview, check it out on Spotify or Soundcloud:
Rachid Ajaja has over a decade of experience in investment banking, with experience in AI. In 2017, Rachid began to learn about cryptocurrency and started investing. After losing money and not understanding why, Rachid dove into the markets and educated himself about the technology behind it all.
The more he learned, the more he began to notice the many discrepancies in the market. From this, the idea to build a decentralized investment platform that would protect investors came about. Alongside his friend Amber Ghaddar they co-founded AllianceBlock.
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.
“The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that bridges traditional and decentralized finance and automates the process of converting any digital or crypto asset into a bankable product”
AllianceBlock facilitates 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.
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 to stake for those institutional nodes.
Rachid says the difference is in holding assets vs putting them 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. This protocol allows AllianceBlock to seamlessly navigate legacy markets and the future of decentralized finance.
Rachid is most excited about decentralized finance technology and the pace at which new technologies are coming into the crypto-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.
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April 05, 2021 · 2 min read
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