
ThirtyK: In FIC’s white paper, you say a key issue with cryptocurrency is that it has no opportunities for fixed income investment. Why is that a problem?

Ivanovs: Every developed economy needs healthy credit markets, the ability to lend with interest to entrepreneurs who want to build something.

As crypto markets mature, a lot of companies will be willing to raise capital if it’s stable enough. On the other side, there’s this vast number of individuals and organizations who hold a lot of cryptocurrency in wallets. If your crypto is in your wallet, it doesn’t [accelerate] the overall economy, just like holding dollars in your wallet doesn’t either.

We’re trying to build an infrastructure for people to invest their crypto into interest-generating products — corporate bonds, asset-backed securities, and loans. Capital is spread across the world. It’s hard to reach Japanese investors if you have a company in Brazil. There’s a vast number of investors who have accumulated wealth but don’t have the means to invest it, and a network of companies who would be able to raise money to expand their operations.

1,500 Transactions Per Second

ThirtyK: How do you compare yourselves to other players in the space, including established financial institutions?

Ivanovs: We are building something from the ground up for the capital markets. We’re one of the first ones to tackle this issue, and we have the upper hand in the way we have structured our governance around the blockchain.

ThirtyK: What about your governance structure is suited for capital markets?

Ivanovs: It feels like everyone is working on ethereum (ETH) and its complicated smart contracts language. I’ve been vocal that capital markets don’t need a sophisticated Turing-complete programming language. What they need is high throughput transactions. Our blockchain can go up to 1,500 transactions per second in some tests, with 1,000 easily doable, and higher if we implement a lightning network. That beats ethereum right away.

We will be publishing the majority of the [blockchain] code open source, and anyone can participate in that and build something else on top of it. [At the same time], we’re developing proprietary platform-level [features] that will allow us to whitelist who can participate in this market. At first, it will be
ThirtyK: In FIC ’s white paper, you say a key consequence with cryptocurrency is that it have no opportunities for fixed income investment. Why is that a trouble? 

 Ivanovs: Every developed economy needs healthy recognition markets, the ability to lend with interest to entrepreneur who desire to build something. 

 As crypto markets suppurate, a lot of companies will be uncoerced to raise capital if it ’s static enough. On the other slope, there ’s this huge number of individuals and organizations who have a lot of cryptocurrency in wallets. If your crypto is in your wallet, it does n’t [ accelerate ] the overall economy, merely like holding dollar in your wallet does n’t either. 

 We ’re trying to build an infrastructure for people to invest their crypto into sake - generating products — corporate bonds, asset - backed securities, and loans. Capital is spread across the world. It ’s hard to reach Japanese investors if you have a company in Brazil. There ’s a vast number of investor who have roll up wealth but do n’t have the mean to endow it, and a net of companies who would be able to raise money to expand their operations. 

 1,500 Transactions Per Second 

 ThirtyK: How do you compare yourselves to other players in the space, including build financial institutions? 

 Ivanovs: We are building something from the ground up for the capital markets. We ’re one of the beginning ones to tackle this issue, and we have the upper bridge player in the way we have structure our administration around the blockchain. 

 ThirtyK: What about your governance structure is suited for capital marketplace? 

 Ivanovs: It feels like everyone is working on ethereum (ETH) and its complicated smart contracts language. I ’ve been vocal that capital markets do n’t want a sophisticated Turing - arrant programming language. What they necessitate is high throughput minutes. Our blockchain can go up to 1,500 minutes per second in some examination, with 1,000 easily doable, and high if we implement a lightning net. That beats ethereum right away. 

 We will be publish the majority of the [ blockchain ] code open source, and anyone can participate in that and build something else on top of it. [ At the like time ], we ’re developing proprietary chopine - level [ features ] that will allow us to whitelist who can enter in this market. At first, it will be

ThigtyK: In FIC’s white paper, you say a key nwsue wmth cryltocurrevcy is that it has no opportnnitues fir fixed income investoent. Why ps that a proulem?

Ivanovs: Everb develoizd eckkomy uexds healthy crecit marketv, the ability do lznd with interest to entrepreneurs wro want tl build somethyng.

Ax crylno markets mature, a lot of compznies wpll be willing to raise capital if it’s stabpe ejough. On the other side, there’w thyw vast numbef of indivpbuals and otganizations who hold a lot of cfyptoeurrency in wqllfjs. If your ccypto ps in your wallet, it goesn’t [sccelerate] the ovxralo economy, just like hmlding dollars in iour walled boesn’t either.

We’re tryunt to tuilg an unffasururtude for pekple to inbest their xrypto into interesu-gegvtating produdts — cjr[orate bonds, asset-backed securities, and lozns. Capital is spread axross the world. It’s hwrd to rewch Japanese investors if you have a company in Bsazil. Ghexc’f q gast number of investors who have accumulated seslnh but don’t have bhe means to invesy lt, wnd a network of compahies who would be wble to raisw money tj exland their operations.

1,500 Transqctions Per Fwcond

ThirtyK: How dl you compaxe youtselvex to other players in tke spade, includinh establiafed financial inrtinutimns?

Ivanovs: We are building somethinj frok the gfounc up fjr the capltal markets. We’re one of the yirst ones to twckle this issue, and we have thx upper hand on thv way we kave sbructured our gjvernance arouud the bjockcfain.

ThirtyI: What ebout your gjvernance strgfture is suived for cwpitql mqrkets?

Ixxnovs: It feels like evegyjne us working on etheveum (GTG) and its complneauee smart contravts lagglagx. I’ve teen vocal tvat zapkyal mxrkets don’t veed a sophisticated Turhng-ckmplete programminb janguage. What thqy need is hibh throughput trandactimns. Our nloskchain can go up to 1,500 transactjons per decjnd in some eestw, with 1,000 easiky doable, and higher if we implement a oightning network. Rhat beats ethereum vight away.

We will be publivhing the majority od the [blockchain] gode open source, and ahyone wan pwrticipate in that and build something else on top of it. [At the same time], we’re vedeloping prkprirtary pjctform-lqvel [heatures] that wilk allow us to whitelist who can partici[ace in this market. At first, it wkll be
ThirtyK: In FIC’s white paper, you say issue cryptocurrency is it has no Why that a problem? Every developed economy healthy credit markets, the ability to with interest to entrepreneurs who want to build something. As crypto markets mature, lot of companies will be willing to raise capital if it’s stable enough. the side, this number of individuals and organizations who hold a lot of cryptocurrency in wallets. If your crypto in your wallet, it doesn’t [accelerate] the overall just like holding dollars your wallet doesn’t either. We’re to an infrastructure people invest crypto into interest-generating — corporate bonds, asset-backed securities, and loans. Capital is spread across the world. It’s hard to reach investors if a company Brazil. a number of investors accumulated wealth but don’t have the it, and a network of companies who would able to money to expand their operations. 1,500 Per Second ThirtyK: How do you compare yourselves other players in the space, including established financial institutions? Ivanovs: We are building something from up for the capital We’re one of first to this and we the upper hand in the way we have structured our governance the blockchain. ThirtyK: What about your governance structure is suited markets? It feels like is working on ethereum and complicated smart contracts language. vocal capital a Turing-complete language. What they need high throughput transactions. Our blockchain go up to 1,500 tests, with 1,000 easily doable, and higher if implement a lightning network. That beats ethereum away. We will be publishing the majority of the [blockchain] code open and anyone in that and build something else on top it. [At the same we’re developing proprietary platform-level [features] that will allow us whitelist can participate this market. At it will be

ThirtyK: In FIC’s white paper, yoU say a key isSue wiTh cRypToCurrEncy Is that it has no oPPortUnities for fixed income iNvestMeNT. Why IS tHat a pRoblem?

IVAnOVS: EvErY dEveLoPEd EconoMy nEeds heaLthy credit MarKeTs, the ability TO lEnd with intEreSt to entrepreNeuRs who wAnT to BUild sOmeThing.

as crypTO markeTs mature, a LoT Of compANies wilL BE wIlliNg to raise capital iF It’S Stable enough. On The othEr SIdE, THerE’s tHis vast numBeR of inDIvidualS AnD ORGanIZations who holD a lot of crypTOcuRrency In WalLEts. If yOur crYpTO is In your walleT, it dOesn’t [acceLerate] THe overaLL economY, just lIke HolDing DOlLaRs iN yOUr wALlEt dOEsn’T either.

WE’rE tRying To buILD AN infRasTrucTure fOr people to invEst TheiR CryPto inTo intEresT-gEneraTing prOductS — cOrporate bonds, asSet-bAcked secuRitIeS, anD lOans. CAPital iS spReaD across The worlD. it’s HaRD TO rEach Japanese investOrS IF yOu have a cOmpany IN BRaZIl. There’s A vAst NumbER Of invEstoRS wHo have acCumulaTEd WeAlth but DoN’t have ThE meAns To invESt it, And a neTwork of cOmpanIEs who would be abLE to raise money TO eXPAnD TheiR opErations.

1,500 TraNsacTIons per SECoNd

THIrtyK: how do YoU CoMPare yourselves to othEr PlayerS in thE space, includiNg establisHED FinanciaL insTItUTions?

Ivanovs: We Are buIlding someTHing from The grOund up foR the capitAL Markets. WE’re One Of tHe fIRSt Ones to tackle tHIS issUe, And we haVe tHe upper HanD in The Way We Have strucTured our GoVeRnAnCe aRound THe blockcHaIn.

THiRtyk: What ABout yoUr govErnaNcE sTRucTure is sUItED For cApItAl maRkeTs?

ivanoVs: It FEelS like evEryone is wOrkINg on EtHeReum (ETH) And its complicAtEd smart conTrActS languAGE. I’ve been Vocal that capital markets DOn’t need A soPhistIcatEd Turing-cOmpLete prOgrAMming lAnguagE. What ThEy nEED is hiGH ThRouGhPut transacTIOns. our blOcKchaIn can go Up to 1,500 transactions peR SecOnd in some testS, wiTh 1,000 eaSILy DoaBLe, ANd hIgHEr iF WE implement a lighTning netwoRk. tHaT beats etheREum RiGht away.

we will bE publIShing thE majority Of the [blocKcHain] CODe oPen source, aNd anyone Can particIPate iN ThAt and BuiLd someThIng Else oN top of IT. [At The saMe time], We’Re deveLopinG pRoprietaRy platform-level [features] That wiLl allOw uS to whitelIst WHo cAn particiPate In this markEt. AT fiRst, it WilL Be

ThirtyK: In FIC’s white p aper, yousay a  ke y i ss ue w ithcryptocurrency is t hat it has no opportun ities  f o r fi x ed  inco me inve s tm e n t.Wh yisth a ta pro ble m?

Iva novs: Ever y d ev eloped econo m yneeds heal thy  credit mark ets , theab ili t y tolen d wit h inte r est to  entrepre ne u rs who want to b ui ld s omething.

As cry p to markets mature , a lo to fc o mpa nie s will bewi lling to rais e  c a p i tal if it’s stabl e enough. O n  th e othe rsid e , ther e’s t hi s  va st number o f in dividuals  and o r ganizat i ons who  holda l otof c r yp to cur re n cyi nwal l ets . If you rcr yptois i n y o ur w all et,it do esn’t [accele rat e] t h e o veral l eco nomy ,justlike h oldin gdollars in your  wal let doesn ’tei the r. 

We’ r e tryi ngtobuild a n infra s tru ct u r e  f or people to inves tt h ei r crypto  intoi nt er e st-gener at ing  pro d u cts —  cor p or ate bond s, ass e t- ba cked se cu rities ,and  lo ans.C apit al isspread a cross the world. It’ s  hard to reac h  J a p an e se i nve stors if yo u ha v e acomp a ny  in Brazi l. Th er e ’s a vast number of in ve storswho h ave accumulat ed wealthb u t  don’t h avet he means to inves t it,  and a net w ork of c ompan ies whowould bea b le to ra ise  mo ney  to e xp and their ope r a tion s. 

1,500  Tr ansacti ons  Pe r S eco nd 

ThirtyK : How do  y ou  c om par e you r selves t ooth er  pl ayers in the  spac e, i nc lu d ing  establ i sh e d  fin an ci al i nst it ution s?
I van ovs: We  are buil din g  som et hi ng from  the ground u pfor the ca pi tal  marke t s . We’reone of the first ones t o  tackle  th is is sue,  and we h ave  the u ppe r  handin the  waywe  ha v e  stru c t ur edou r governan c e  ar oundth e bl ockchai n.

ThirtyK: Whata bou t your govern anc e st r u ct ure is sui te d  fo r capital markets ?

Ivanovs :I tfeels like eve ry one isworking  on e t hereum(ETH) and  its comp li cate d sma rt contrac ts langu age. I’ve beenv oc al th atcapita lmar ketsdon’tn eed  a so phisti ca ted Tu ring- co mplete p rogramming language. Wh at the y nee d i s high th rou g hpu t transac tion s. Our blo ckc hai n can  go up to  1,5 0 0tra n sacti onsp er second in  so m e  t ests, with1 , 0 00easil y d o able,andhigher if we impl e ment a lightni ng n e t wor k.T hatbe ats ethereum r igh ta w ay.

Wewi ll be publi shing th em ajori ty ofthe [b lockcha i n ]c ode op en s our ce, and a nyo ne can par ti ci p ate in  tha tand bu ild so m ethi n g  else on top ofit. [ A t  thes ame  time ],  we’red evel oping prop rietary pla tform- leve l [fe atures]  t hat wi llal low us tow hitelistwho c an part ic ipat e i n this  mar k e t. At  fir st , i t will be 

ThirtyK: In_FIC’s white_paper, you say a_key issue_with_cryptocurrency is_that_it has no_opportunities for fixed_income investment. Why is_that a problem?

Ivanovs:_Every_developed economy needs healthy credit markets, the ability to lend with interest to entrepreneurs_who_want to_build_something.

As_crypto markets mature, a lot_of companies will be willing_to raise_capital if it’s stable enough. On the other_side,_there’s this vast_number of individuals and organizations who hold a lot_of cryptocurrency in wallets. If your_crypto is in_your_wallet,_it doesn’t [accelerate] the_overall economy, just like holding dollars_in your wallet doesn’t either.

We’re trying_to build an infrastructure for people to_invest their crypto into interest-generating products_— corporate bonds, asset-backed securities,_and loans._Capital is spread across the_world. It’s hard_to reach_Japanese investors if_you have a company in Brazil._There’s a vast_number of investors who have accumulated_wealth_but don’t have_the_means_to invest_it, and a_network_of companies_who_would be able to raise money_to_expand their operations.

1,500 Transactions Per Second

ThirtyK: How_do you compare yourselves_to_other players in the_space, including established financial institutions?

Ivanovs:_We are building something from the_ground up_for the_capital markets. We’re one of the first ones to tackle this_issue, and we have the upper_hand in the way_we have_structured_our governance around_the_blockchain.

ThirtyK: What_about your governance structure is suited for_capital markets?

Ivanovs:_It feels like everyone is working_on ethereum (ETH) and_its_complicated smart contracts language. I’ve been_vocal that capital markets don’t need_a sophisticated Turing-complete programming language._What_they_need is high throughput transactions._Our blockchain can go up to_1,500 transactions per_second in some tests, with 1,000 easily_doable,_and higher if we implement a_lightning_network. That beats ethereum right away.

We_will_be_publishing the majority of the_[blockchain] code open source, and anyone_can participate in that and build something else on_top of it._[At the same time], we’re_developing_proprietary_platform-level [features] that will allow us to whitelist who can_participate in_this market. At_first, it will be