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March 14, 2023
In the first episode of our flagship podcast series, “Technology for Change,” we invited Ms. Amalia Grochal, founder of Mirai Dao, to delve into the blockchain revolutions and share her journey in the fintech market with our host, Mr. Hady Shaikh, Principal Product Strategist at TekRevol.
About the Guest
Amalia Grochal was one of the very first bitcoin miners and has been at the forefront of the blockchain revolution since its beginnings. She’s a pioneer in fintech, having founded her own investment and advisory service for disruptive blockchain, Web3.0, and tech projects – Mirai Dao. She is based in the United Arab Emirates and is now on a mission to make it a global leader in crypto and blockchain technology.
Key Takeaways from the Podcast
Grochal specializes in decentralized finance and also worked on the hardware for Web3.0. In this in-depth discussion, she talked about several different things, from her journey to her company, what the fintech landscape is like in the UAE, some major challenges when it comes to decentralized finance and what the transition between Web2.5 and 3.0 is like.
Let’s go over some things that are worth highlighting from the discussion.
Challenges in decentralized finance
Amalia talked about the introduction of crypto and decentralized finance in Japan and how it was regulated the same way as traditional banking. In comparison, the United States was rather reserved about it and considered it risky, which could be due to a lack of research. Hence, they went very harsh on crypto and, consequently, blockchain and De Fi as well.
Trends to Expect in Blockchain in 2023
Amalia shared with us that she was looking forward to two kinds of trends that she expects will shape 2023. The first are AI chatbots, which she calls a commercial trend since it’s a global phenomenon. Another trend that she personally is looking forward to are enterprise grade solutions and the use of blockchain in every single business and governmental entity. It would bring every real world asset onto the chain.
Wrapping Up…
Amalia also advised anyone starting out in fintech to study, even though it may seem dry at first, She also warned the audience not to blindly trust any key opinion leaders (KOL) in the crypto circle and to do their own research.
This educational podcast was part of our “Technology for Change” podcast series, which aims to provide insights into the lives of entrepreneurs who use technology to scale their businesses rapidly and make an impact in the lives of communities with a value-driven approach to their business.
