6 Questions for Dominik Schiener of the Iota Foundation – Cointelegraph Magazine

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Our six questions this week go to DomSchiener, co-founder of the Iota Foundation. Check out what he thinks is the most innovative use case for blockchain in our latest interview: (CointelegraphZN)

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!Dominik Schiener, a co-founder of the Iota Foundation, a nonprofit organization, and the creator of the Tangle, a permissionless, multi-dimensional distributed ledger designed as a foundation of a global protocol for all things connected.

Dominik Schiener is a co-founder and the chairman of the Iota Foundation, one of the largest and greenest cryptocurrency ecosystems in the world. The Iota Foundation’s mission is to support the research and development of new distributed ledger technologies, including the Iota Tangle. Raised in Italy, Dominik oversees partnerships and the overall realization of the project’s vision toward the machine economy.

I’d go all-in on startups focused on the intersection of Web2 and Web3. We’re in a transitional period that’s going to last for a long time, and embracing this ongoing transition is smart from both a financial and technical point of view. Companies helping the centralized world move into the decentralized one — and vice versa — are the present and the future. This includes crypto banking, fiat gateways, NFT marketplaces, and so on.

3 — What is the single most innovative use case for blockchain you’ve ever seen? It may not be the one likeliest to succeed! I’m increasingly enthusiastic about algorithmic stablecoins. I’m fascinated by their mechanics and their possibilities. They are, of course, highly experimental, and some may just fail, causing investors to lose millions. Even so, these stablecoins have enormous potential to onboard retail investors and offer a new way to transact. I believe they are crucial to mainstream adoption, so I certainly hope they’re likely to succeed.I’m a mountain guy.

 

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DomSchiener ZN Some IoT talk! Really interested about this space! I’d love to see the correlation of IOTX and IOTA. See so much functionality in communicating when to execute SmartContracts as well as transfer real time date through the Metaverse and web3 machinefi is def interesting

DomSchiener ZN should this exploit be fixed?

Thank you very much_,,,!

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