Just when you thought Sam Bankman-Fried had signaled the end of crypto, there just may be cause for optimism about the future of crypto and blockchain.
Think about this: it was just maybe a dozen years ago and optimism was wide and deep about both crypto currencies and blockchain. What has happened to decimate that optimism? Lots of theft and money – in the billions of dollars – that had gone missing.
Conclusion: the underlying system needs a foundational fix.
Meet Nicolas Biagosh of Q Protocol where the slogan is “the future of governance has arrived.”
It’s simple, isn’t it? The problem with crypto has been faulty governance.
That’s where Q Protocol comes in. Here is what it says about itself: “ Q provides a governance backbone for the Web3 world, allowing you to build intergalactic organizations that go beyond code-is-law.
Technically, the Q Protocol comprises an EVM-compatible proof-of-stake blockchain and a set of smart contracts.
But this simple technical description does not do the protocol justice: Beyond the code, Q is based on a novel concept of how we can transact in the decentralized world, combining the benefits of a public, open and decentralized ledger with the transparency of enforceable private contracts.”
In the podcast, Biagosh offers a largely non-technical explanation of what Q Protocol is all about and why this just may make a difference for you.
Will Q Protocol be the backbone of a new kind of cross-border banking?