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15: Kesem Frank on Blockchain for the Enterprise

15: Kesem Frank on Blockchain for the Enterprise

Released Tuesday, 24th October 2017
Good episode? Give it some love!
15: Kesem Frank on Blockchain for the Enterprise

15: Kesem Frank on Blockchain for the Enterprise

15: Kesem Frank on Blockchain for the Enterprise

15: Kesem Frank on Blockchain for the Enterprise

Tuesday, 24th October 2017
Good episode? Give it some love!
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In this episode, I have Kesem Frank on the show, the co-founder, and COO of Nuco. Nuco builds the enterprise-grade blockchain infrastructures that are focused on being immediately ready for use by large businesses. Nuco takes care of security, performance, and scalability while some room is left to tailor their own work to the specific needs of an industry or use case.

In this podcast, Kesem and I discuss his past working at Deloitte and how he moved into blockchain at Rubix. We then go into the story behind Nuco. While at Deloitte, Nuco founders Kesem, Matthew Spoke and Jin Tu decided that there needed to be a clear standard blockchain protocol for enterprises and set out to build the solution. Nuco has been on an upward trajectory since its inception in 2016 and has had advisors like Vitalik Buterin (co-founder of Ethereum) and Alex Tapscott (co-author of The Blockchain Revolution). Kesem delves into some of the use cases for enterprise-ready blockchain solutions and what some of the challenges are ahead in the widespread adoption of blockchain technology. We also talk about whether blockchains need to be linked to cryptocurrency at all, and he weighs in on the public chain versus private chain debate. Finally, we talk about Canada's current place in the blockchain ecosystem and what we can do to remain a hotbed for blockchain innovation.   Other resources: 

Our shownotes:

  • Kesem discusses how he first got involved in blockchain through the Rubix program at Deloitte [01:49]
  • How the cryptocurrency revolution affects big organizations from revenue to auditing [02:42]
  • How to bridge the gap between mainstream enterprise technology and blockchain technology [3:57]
  • The birth of Nuco and its importance [5:43]
  • Kesem discusses Nuco's newest project: Aion [7:27]
  • The three schools of thought when building the connection between private and public blockchains as well as private and other private blockchains [13:42]
  • Key concerns from enterprises and what the biggest misconceptions about blockchains are [17:46]
  • Do blockchains need to be intertwined with cryptocurrency? [22:01]
  • Where Canada is in relation to the rest of the world in blockchain technology [23:37]
  • The future of blockchain for the enterprise and cryptocurrencies [24:08]
  • What would be helpful from the Canadian government to help grow the blockchain industry in Canada [30:47]
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