6 Questions for Cristina Dolan of InsideChains – Cointelegraph Magazine

6 Questions for Cristina Dolan of InsideChains – Cointelegraph Magazine

We ask the buidlers within the blockchain and cryptocurrency sector for his or her ideas on the trade… and throw in a number of random zingers to maintain them on their toes!


This week, our 6 Questions go to Cristina Dolan, co-founder and chief working officer of InsureX Applied sciences, an alternate insurance coverage market primarily based on blockchain, and CEO of InsideChains, which builds giant consortia and marketplaces with financial token layers to facilitate the worldwide trade of information and transactions.

Cristina is an engineer, entrepreneur and writer who has efficiently embraced superior applied sciences to construct and develop disruptive companies all through her profession in media, telecommunications, e-commerce and, extra not too long ago, fintech. As an early adopter of crypto and blockchain applied sciences, she co-founded and suggested blockchain-enabled corporations in local weather tech, insurtech, healthtech and crypto buying and selling. As a veteran of evolving networked applied sciences, she is at the moment targeted on cybersecurity, which has change into probably the most quick monetary materials ESG and sustainability danger organizations face as we speak, and co-authored a not too long ago printed ebook: Transparency in ESG and the Round Financial system, Capturing Alternatives Via Information (out there at ESGdataBook.com).


1 What has been the hardest problem you’ve confronted in our trade to date?

Within the early days of crypto and blockchain, I’d communicate on panels the place folks would say issues like, “Crypto and blockchain are solely utilized by dangerous actors.” Sadly there are nonetheless “leaders” that discuss in regards to the felony actions which are enabled by crypto and blockchain that “have to be stopped.” It’s superb that they haven’t discovered from the novel transformation of media and e-commerce via the evolution of linked applied sciences.

It’s unlucky that some “leaders” simply don’t perceive that the evolution of latest applied sciences additionally aligns with the altering wants of communities. Know-how adoption is likely one of the most necessary pillars of company sustainability! (Take a look at Blockbuster or Kodak!) When corporations fail, it impacts the communities, companions and even the native tax base that pays for providers like training. We dwell in a world that’s evolving quicker and quicker, and regulators need increasingly more information and transparency — you’ll be able to’t keep in enterprise with out adopting new applied sciences.

The great thing about the hyper-innovation that has advanced from the curiosity in crypto and blockchain is unparalleled by some other disruptive know-how. It has influenced innovation from cybersecurity, which makes use of cryptography, to provide chain, which wants transparency greater than ever earlier than!

Lack of know-how might be the hardest problem. It’s onerous to maintain up with the accelerating evolution of know-how within the context of social wants, like improved sustainability information monitoring or improved managed entry to healthcare information.

Right now, there’s a requirement to be a self-learner simply to maintain up, and it takes up plenty of time. Even for these of us who’re curious and like to be taught and concentrate on fixing issues with know-how, the avalanche of evolving applied sciences can really feel overwhelming. 


2 — Does it matter if we ever work out who Satoshi actually is or was?

I hope that Satoshi Nakamoto stays a thriller endlessly! Whereas there was plenty of detailed hypothesis round who was engaged on the foundational constructing blocks and who was influential within the public-key cryptography and decentralized architectures, you will need to preserve the know-how separate from the conduct or private actions or a person. Our “networked” tradition is filled with “movie star” figures who’ve giant social media followings and endorse merchandise. This sort of movie star can be a distraction to the affect and evolution.

Bitcoin is the grandfather of an unbelievable age of hyper-innovation which is tough to grasp with all of the complicated interrelated layers, like economics, know-how, politics, or just how one can transact with Bitcoin. Including a celeb layer to Bitcoin would simply add extra polarization and misunderstanding than what already exists, creating an pointless distraction or excuses to disregard the transformation that’s coming shortly. Movie star figures like Elon Musk have moved the crypto markets.

Organizations that don’t embrace know-how won’t be sustainable. We now have seen many examples of this over the previous few many years. Transferring from a figurative illustration to an precise human who might be depicted as having potential political or financial pursuits will solely change into an excuse for some leaders to disregard the requirement to rework to fulfill the wants of a altering society.


3 — Whenever you inform folks you’re within the blockchain trade, how do they react?

Years in the past I’d publish social media posts about blockchain and crypto, and other people would say “block-what?” On the time, I used to be working within the fintech area, the place some friends within the institutional monetary buying and selling area would make jokes about it “…there she goes once more speaking about crypto or blockchain…” In fact, a lot of them transitioned into the area later as their trade started to shrink.

Right now, there’s a completely totally different response. Many individuals are desperate to be taught extra in regards to the applied sciences and the potential trajectory of transformation. I do get plenty of calls from individuals who have “misplaced their keys” and wish to know if there’s a solution to discover them — in fact, if it was that straightforward to resolve for misplaced keys, folks would have unlocked a few of Satoshi’s Bitcoin by now!

Specializing in cybersecurity, I do get plenty of questions on custody and safety. There are such a lot of folks throughout all industries who are actually doing extremely attention-grabbing issues within the area. It’s enjoyable to pay attention and find out about potential options to important social points using the know-how. Individuals are actually interested by using these applied sciences inside necessary or subtle enterprise processes, and collaborating on potential options is now much more enjoyable!


4 — Which two superpowers would you most wish to have, and the way would you mix them for good… or evil?

Pace-related superpowers can be probably the most beneficial in a world that’s evolving at hyper pace. Whereas some folks would possibly describe me as being energetic, I’d like to have the flexibility to do extra and expertise extra every day!

First can be associated to journey pace that might allow motion from one location to a different location with out visitors jams or airport check-in protocols, which have gotten extra difficult with the pandemic. A lot time is wasted in touring. As we start to plan extra face-to-face conferences that require placing journey time into the calendar to reach in time, it’s clear that being able to journey at gentle pace would save time. Whereas the carbon footprint for journey could possibly be decreased since there wouldn’t be a requirement for conventional autos, I’m certain that touring on the pace of sunshine would create some vital warmth. 

The second can be associated to the pace of ingesting data and understanding it. The quicker you’ll be able to be taught and join the dots, the quicker you’ll be able to apply the intuitive understanding in the direction of constructing beneficial options for the rising variety of issues our world faces as we speak. This is able to allow me to do what I like to do, however even quicker.

Whereas residing endlessly creates points, together with the elevated demand for the restricted sources on earth, the thought of having the ability to do and expertise much more throughout our quick lives is an effective various.


5 — Title the stuff you personal that you just’ll by no means half with.

This can be a nice query, as a result of my reply as we speak might be a bit of totally different from issues I’d have listed years in the past. For instance, a passport, which has been my gateway for studying, connecting and rising might be probably the most beneficial software I possess. Whereas it may be changed if misplaced, it’s nonetheless one in all my most necessary possessions due to the probabilities it presents to have interaction with folks all around the world. 

One of many classes from the pandemic was in serving to me perceive how a lot I missed partaking with shut mates all around the world. Sadly, throughout the pandemic, the passport didn’t supply the chance to journey, particularly if it represented residency in a rustic with excessive covid circumstances. In the course of the pandemic, the passport wasn’t as beneficial because it had been all through my life. It was even inconceivable to have interaction with shut mates who lived inside a mile of my residence. Whereas the evolution of conferencing instruments has made it simpler to video convention, the character of the conversations tends to be extra transactional and environment friendly, which eliminates the chance to be taught or collaborate to the identical diploma. Journey is a superb present. Sadly, we’d like greater than only a passport to make it potential throughout the pandemic.

I’ve at all times beloved stunning watches the old style jeweled masterpiece sort and have a treasured assortment that jogs my memory of necessary milestones all through my life. It’s such a deal with to put on a good looking timepiece, but I rely extra on my Fitbit lately to trace my early morning runs no matter the place I’m on the planet. Whereas I even have an Apple Watch Collection 7, I nonetheless favor my Fitbit with its longer lasting battery and its environment friendly metrics.

It’s unhappy to confess that my cell phone has change into so necessary to my day-to-day actions, communications and work. Whereas I don’t use it for banking and keep away from SMS verifications as a result of it may be a safety danger, I acknowledge its worth in remaining engaged and lively each professionally and socially. It’s turning into a much bigger a part of id, and the required COVID-19 vaccine verifications are a lot simpler on a cellular gadget. Whereas having the most recent cell phone isn’t as necessary, what’s necessary is the connectivity and engagement. I like the flexibility to seize a spontaneous image and ship it to a buddy or the flexibility to attach with folks on demand. As an avid photographer with a big assortment of fantastic cameras from the outdated Rolleiflex, Kodak Brownie and an outdated tiny spy digital camera, to the most recent Canon skilled DSLR cameras and lenses, nothing beats the spontaneous nature of utilizing a cellular gadget to seize an emotional second and share it immediately with mates. There’s nonetheless a time and place for these stunning conventional cameras, however the smartphone has a singular use case. 

I treasure the extra conventional art work my sons have made in class through the years, which I’ve framed and positioned on my partitions, as a result of the artwork represents their pursuits and actions through the years. Time feels prefer it passes quicker and quicker, and being able to have a look at their artwork and photos, which I’ve all through my residence, brings again the enjoyment and great reminiscences. 


6 — What’s the way forward for social media?

Social media has advanced over the past twenty years as networked gadgets, smartphones and specialised purposes have matured whereas the those that use them are additionally evolving and growing old. For instance, Waze lets you already know that folks it’s possible you’ll know are touring close by. You could possibly argue that the shared economic system is a by-product of social networks that enabled rising mobility and shared options inside communities. 

The character of knowledge that’s shared on social media has modified because the demographics of sure networks have modified dramatically. Freedom of speech isn’t at all times welcome, and the flexibility to dam opinions have polarized communities. There are a plethora of various communications instruments which allow personal communications. It’s onerous to maintain up with all of the totally different choices and networks that mates favor for direct communications. 

There’s a transfer in the direction of smaller personal teams on networks with encryption and safety. Cellular gadgets have change into a important part of how folks talk and establish themselves; for instance, some COVID-19 vaccine verifications are depending on smartphone entry.  

Whereas social media platforms the place influencers inform giant numbers of followers are nonetheless well-liked, they might want to evolve because the neighborhood matures. A special technique might be required to draw youthful digital native generations who’ve a unique relationship with their digital id and the digital worlds they play and interact in. How they impart and interact could also be an extension of the video video games they take part in. It isn’t a shock to see the recognition in NFTs while you take a look at the recognition of digital objects in video video games through the years which have generated billions of {dollars} for well-liked gaming platforms. The recognition of digital worlds the place id is tied to digital illustration of a person’s pursuits and values will proceed to rise.

Whereas there’ll proceed to be quite a lot of specialised social networks that cater to skilled or different communities with widespread pursuits, the youthful digital native generations are going to be extra snug interacting and speaking via using their self-created digital identities in digital environments. Applied sciences are evolving shortly to assist immersive environments to facilitate attention-grabbing new interactions and experiences. The probabilities for the long run are infinite and never essentially a direct extension of as we speak’s main social platforms. Who is aware of, perhaps the long run might be about sharing digital experiences in the identical manner folks share TikTok video clips? This may require straightforward methods to create the experiences, and but we already see younger youngsters creating interactive environments in Roblox.


A want for the blockchain neighborhood: 

Wishing the bold blockchain neighborhood continues in its pleasure for drawback fixing and innovation. Whereas not all issues will profit from the know-how, the power utilized to drawback fixing via the evolution of the know-how is contagious and galvanizing! Hoping the ideation and creativity grows extra to deal with a few of the world’s greatest issues!

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