Bob Summerwill brings humour and a genuine adoration to this in-depth conversation about what’s going on in the crypto, blockchain and FinTech worlds. He explains, in accessible and understandable language, where this technology has come from and goes on to share his thoughts on where it may be headed.
Bob is Co-Founder and CTO for Varro Technologies, a Community Leader for Ethereum Project and Community Ambassador for the Sweetbridge Project and CryptoChicks. He had loads of knowledge and expertise in code and in looking at the big picture around decentralization. He talks about decentralization completely changing the way we do things, not just with currency, but with changing how databases are stored and maintained and by changing the way things work with the internet of today.
Bob gives us a beginner’s look at Bitcoin, as a concept, an open source platform, a decentralized leger, and as a currency. He talks about the revolutionary technology of Bitcoin and how it came to be. And he expands on his view of blockchain technology by explaining how Ethereum builds on Bitcoin’s open source platform and allows for even more uses.
We go into depth on Ethereum, and how the usability of the platform allows smart contracts, code with certain programmable conditions, to be layered on top of a foundational blockchain. Bob talks about the ability to add applications, dApps, decentralized applications that run on many different computers in a P2P peer to peer way rather than with an intermediary or a centralized party. He elaborates by speaking about many different uses for these dApps such as – polling, legal transactions, voting, record keeping, trade, land titles, or supply chains.
We also get into the reasons behind why Bitcoin and Ethereum are based on a trustless, immutable, borderless decentralization system. And Bob shares with us why he believes diversity and representation for all is of paramount importance as these new technologies are being developed and adopted globally.
For more information on Bob Summerwill, please find him on Twitter @BobSummerwill and you can read Bob’s Blog at https://bobsummerwill.com/
For more information on cryptocurrencies and blockchain technology, Bob recommended the following:
- Blockchain Revolution by Don Tapscott and Alex Tapscott
- Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money by Nathaniel Popper
- That Book on Blockchain A One-Hour Introby Jonathan Morley
- Bitcoin Security: Bubble Boy and the Sewer Rat – Andreas M. Antonopoulos on YouTube
- The Internet of Money by Andreas M. Antonopoulos