Bruce Pon
๐ค SpeakerAppearances Over Time
Podcast Appearances
Absolutely.
Absolutely.
So I think.
Most people just think about blockchains as Bitcoin and Ethereum, and then now there's all these altcoins and stuff like that.
The reason why we built BigchainDB was to handle a specific type of use case that most people have kind of overlooked, and that's managing data, data-driven use cases on a blockchain.
If you look at something like Bitcoin, it's payments, cryptocurrency in a global network.
If you look at Ethereum, it's like business logic in a global network.
And it's kicked off all these ICOs and stuff like that.
So, you know, you have business logic in a blockchain.
that people have completely passed over is data on a blockchain.
So trusted data for enterprise use cases, for consumer applications.
So for instance, your private data, supply chain information, energy data, stuff for automotive, all these types of things are fundamentally data-driven and then you can build business logic on top of it.
And based on that business logic, you can exchange kind of like Bitcoins or other types of value, even fiat.
And BigchainDB is fundamentally to solve that problem.
When you deal with data, one of the problems that we encountered by doing a use case on top of the Bitcoin blockchain about three years ago was that it didn't scale.
We weren't able to store the types of data that we wanted to.
We weren't able to query it and look for it.
Yeah, sure.
So we were building a scribe.io.
It was trying to put intellectual property onto the blockchain because...