World Model · podcast knowledge graph

a16z Podcast: Banking on the Blockchain

2016-05-10 · 40 min · episode 209 · 13 entities

episode page audio

Asserted relationships

  • → references Business company
    0.62
    evidence rules-v5
    this episode of the a16z Podcast, William Mougayar, the author of the new book The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology
  • → hosted by Andreessen Horowitz person
    0.55 · ×4
    evidence rules-v4
    Feed author/publisher: Andreessen Horowitz
  • → discusses Business company
    0.40 · ×4
    evidence rules-v4
    Feed category: Business
  • → discusses Technology company
    0.40 · ×4
    evidence rules-v4
    Feed category: Technology
  • → discusses Entrepreneurship website
    0.40 · ×4
    evidence rules-v4
    Feed category: Entrepreneurship
  • → discusses Science concept
    0.40 · ×4
    evidence rules-v4
    Feed category: Science
  • → hosted by a16z company
    0.40 · ×4
    evidence rules-v4
    Feed author/publisher: a16z

Entities found in this episode

companys 6

  • references Business company
    0.62
    evidence rules-v5
    this episode of the a16z Podcast, William Mougayar, the author of the new book The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology
  • mentioned Business company
    0.50 · ×4
    evidence rules-v4
    Feed category: Business
  • mentioned Technology company
    0.50 · ×4
    evidence rules-v4
    Feed category: Technology
  • discusses Business company
    0.40 · ×4
    evidence rules-v4
    Feed category: Business
  • discusses Technology company
    0.40 · ×4
    evidence rules-v4
    Feed category: Technology
  • hosted by a16z company
    0.40 · ×4
    evidence rules-v4
    Feed author/publisher: a16z

concepts 3

  • mentioned Science concept
    0.50 · ×4
    evidence rules-v4
    Feed category: Science
  • mentioned Banking on the Blockchain concept
    0.42 · ×4
    evidence rules-v4
    a16z Podcast: Banking on the Blockchain
  • discusses Science concept
    0.40 · ×4
    evidence rules-v4
    Feed category: Science

persons 2

  • mentioned Andreessen Horowitz person
    0.70 · ×4
    evidence rules-v4
    Feed author/publisher: Andreessen Horowitz
  • hosted by Andreessen Horowitz person
    0.55 · ×4
    evidence rules-v4
    Feed author/publisher: Andreessen Horowitz

websites 2

  • mentioned Entrepreneurship website
    0.50 · ×4
    evidence rules-v4
    Feed category: Entrepreneurship
  • discusses Entrepreneurship website
    0.40 · ×4
    evidence rules-v4
    Feed category: Entrepreneurship
Episode description as stored
Whether you think of it as a distributed ledger, decentralized database, computing infrastructure, open source/ software development platform, cryptocurrency, transaction platform, or financial services marketplace, the bitcoin blockchain is driven by two key features: that it is a peer-to-peer network, and that it unbundles trust. Imagine moving from Googling for things to offering proof-as-a-service instead (which itself begins with rethinking identity). In fact, there's a lot of parallels -- both in evolution and development -- with the blockchain and the internet before it. Only the blockchain doesn't need the web. And that has profound implications for what applications and new businesses are now possible, especially in financial services. But if "the worst place to develop a new business model is from within your existing business model", then how can banks move beyond mere process innovations to offering entirely new services built on the blockchain? Many financial institutions are trying to get ahead of the blockchain disruption by exploring it proactively, but how do they overcome the innovator's dilemma and looking at startups like animals in a zoo? In this episode of the a16z Podcast, William Mougayar, the author of the new book The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology shares how traditional, established industries can overcome the innovator's dilemma in this case; what the future of banks might be; and what new applications, services, and startups are possible due to the features -- really, benefits -- of the blockchain. Because the blockchain, ultimately, is an innovation platform. Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.