Blockchain “unparalleled in addressing pervasive business problems”, Kadena

Some of the most pervasive problems in large industries are efficiency and reliability of data, things that the technology is unparalleled in addressing, he adds.

In an interview with Coin Rivet, landing on our site tomorrow morning, he says: “I’ve met some amazing people who are in blockchain because they want to take on those moneyed, centralised monopolies by offering a safer, cheaper and more humane alternative; consider our partner Alteum (alteum.io), who uses blockchain to address financial inclusion in Latin America.”

These people want to take on the standing order of the world because they both see the suffering it causes and they have personally felt that suffering as well. The problem, however, is they don’t yet have the tools they need to enact this vision for the future.

“What drives me at Kadena is to create a place where we can build them the tools they need and be part of how the tools are designed,” says Martino, who founded his company with Stuart Popejoy in 2016 after leading JPMorgan’s blockchain group.

The pair went on to raise $15 million from Devonshire (Fidelity), SV Angel, SIG, and Asimov Ventures in order to create a full stack blockchain platform that leapfrogs existing smart contract blockchain solutions like Ethereum. The platform is currently being used by several Fortune 500 companies to improve operational efficiencies and data management in the healthcare and insurance industries, along with new solutions being developed for the asset management, construction and energy sectors.