By God! There is too much noise in the blockchain industry. I know because I live it everyday; have been living it for the past 5 years.
Over time, I have devised a method to navigate and filter out the practical and realistic from the bold, utopian-dream proclamations. The trick is to seek out and follow the more sober-headed minds in the industry; these are the older wiser tech heads and the level-headed critics in the industry.
Ian grigg is one of them.
Ian Grigg is an architect and financial cryptographer who has been building, auditing and consulting for cryptographic ledger platforms for over 20 years. Way before bitcoin and the blockchain, he was part of a vibrant group of pioneers that pursued the vision of digital cash and financial cryptography in the 90s – what is now call blockchain. It is an understatement to say he has seen it all.
He is mostly known for 3 accomplishments (amongst others)
Co-inventor of the Triple Entry Accounting Ledger, a concept that sparked the explosion of a $400 billion Bitcoin, cryptocurrency and blockchain industry – bitcoin is the world’s first triple ledger entry system at scale.
The inventor of the Ricardian contract, a canonical design pattern for tying legal contracts into digital assets issued over the internet. His work on Ricardian Contracts foreshadowed today’s blockchain smart contracts.
Confirming the identity of 2 of the members of the team Satoshi Nakamoto that birthed Bitcoin – Craig Wright and Dave Kleiman
More recently, Ian was an architect consultant for one of the world’s largest consortium based distributed ledger protocol, R3 Corda, formed by 43 of the world’s largest banks, a partner at the $4 billion EOS blockchain for business and commercial scale and an audit consultant for Senegal’s Digital Currency roll out masterplan for Francophone Africa, serving under eCurrencyMint on behalf of Omidyar Network.
Today, Ian is a cofounder and Chief Technology officer at Chamapesa, a project using blockchain elements to digitize the indigenous culture of social savings and investments that is prevalent across Africa and the developing world. Ian believes the Chama groups of Kenya and savings groups communities in Africa and Latin America hold the key to designing identity systems for a blockchain powered internet economy.
So when Ian speaks, you listen and pay attention.
I managed to lock him down for a question and answer session, probing his mind on Blockchain, Identity, Chamas and Africa.
Whatever your opinions, what follows is one of the best bits of wisdom you will come across on the interwebs.