Scalability and Affordability with Alan Chiu

Today we’re talking with Alan Chiu, co-founder and CEO of Enya which recently launched a L2. Alan says when crypto started taking off last year Enya was still helping to fight Covid. They had developed a distributed crypto symptom tracker that was used by 13 million people. This is when Alan started to see the potential of what he had learned in the cryptography space. By starting Enya he hoped to restore the balance of power between individuals and centralized entities. The imbalance of power has some to do with who owns the data. Centralized entities own a lot of personal data and Alan says that’s a function of the way we’ve structured the information architecture over time. Service providers and companies had to accumulate a lot of data in order to provide a great level of service to individual users. But what if we could use advanced cryptography to restore the balance of power where users' data could stay on their devices.

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The Fortune Teller podcast is a discussion between industry leaders in blockchain and financial technologies. The podcast focuses on the development of blockchain-based financial services and outlines the current state of the industry and future predictions for the adoption of decentralized finance. Go to www.teller.finance/