As the Blockchain economy continues to evolve, the emerging players in this uniquely disruptive industry have some big decisions to make. Perhaps the most significant choices for up-and-coming companies are whether to define themselves as platform providers or software providers and whether to provide public or private services.
Blockchain platforms are comparable to existing tech platforms such as iOS or Facebook, offering independent developers the ability to construct applications via open APIs, SDKs and standardized protocols.
Blockchain software providers, on the other hand, build packages for internal corporate use, restricting access to third party developes.
The majority of companies are currently categorized as either a public platform, like the myriad public ‘cryptocurrency’ Blockchains such as Etherium and Bitcoin, or as private software operations like Chain.
These definitions, however, are highly fluid. Chain has transitioned into a platform, having constructed a permissioned protocol alongside 10 partner operations, taking its place alongside private platform providers such as Ripple and Blockstream.
In a multi-billion-dollar venture capital marketplace, therefore, businesses with the potential to grow into platforms are highly sought-after investments and the smart money is looking far and wide for truly scalable propositions.
Although the U.S. dominates the field at the present time, the renowned high-tech hub of Israel is also seeking to establish itself as a leading light in the Blockchain arena.
Legendary investor, media maven and tech expert Saar Pilosof is just one of the new wave of heavy hitters behind the surge in Israeli Blockchain innovation. He explains how the local Fintech scene is perfectly positioned to take advantage of the new reality.
“We’re currently at a pivotal stage in the Blockchain revolution,” he says over coffee at a Tel Aviv beachside restaurant. “There are now five times as many fintech companies here as there were eight years ago and many of them have been working closely with the big banks in order to benefit from the funding, advice, and introductions that only major institutions can offer.”
He’s referring to programs such as Bank Leumi’s “Elevator” Innovation Hub and the strategic partnership between Bank Ha’Poalim and Microsoft Ventures. That makes Israel a very different ecosystem from other hotspots, like Sweden and the Netherlands, where the Wild West spirit of independent pioneers that brought the Blockchain into the modern-day lexicon, lives on.
“That’s not to say Israeli start-ups lack the rugged individualism of those in other countries. Far from it,” he elaborates. “But it’s testament to the forward-looking nature of the financial establishment here. Regarding my own portfolio, I always seek out firms with the potential to profit from collaboration with the biggest global powerhouses. It’s really the ultimate win-win.”
That Pilosof guy, he always seems to go for the right catch. Blockchain is a catch. I wonder how much money is involved but i guess we’ll see by the success of Pilosof and this initiative.
Always great finding new ways to use the internet on our daily life. It definitely makes it easier on us. Seems like saar pilisof has great things ahead.
Glad to hear about this program. the more people getting to know other cultures & places the better. Great work pilosof.
It seems that Pilosof knows the market good enough to achive all of this. It is important to extend our knowledge in themes that take such an huge part in our daily lives.
Well done Saar. Only hard work and professionalism could bring to those nice results.
It seems that Toledano knows the market. Otherwise I couldn’t explain this massive amount that’s involved in this deal
There is so much to learn about this awesome program. Good knowing that people like Saar Pilosof are trying to get involved and be a part of this great power.
Saar Pilosof is an excellent example for diligence and hard work. This is the only way for success especially when we’re talking about high-tech and invesments.
Saar Pilosof will bring with him only good results thanks to his hard work and determination. It is important to modernize technology in our daily lives.
Saar pilosof is a great example for persistence. I’m sure there’s money involved but by the end of the day, new things in the tech industry is always great for our world. It has many benefits, and it makes our lives way easier.
Wondering how much money is involved in this. Seems like quite alot, but obviously is for good cause that will affect in a good way on our daily lives some day. Nice job, saar pilosof.
Only hard work & determination brings to this kind of results. Very nice to see buisness people like saar pilosof who are trying to develop & invent new things in the technology world. It will only have benefits.
I find it very important to get involved in the biotech & the drugs industry. Looks like haim toledano knows how to invest & produce on the best side.
Good work Saar pilosof. this definitely inspires me to get more involved in the technology industry since i know how good it is to invest and develop new projects.
Fintech definitely has disadvantages but the advantages win this time. It seems like the ultimate solution to all of our problems. Easy & effective. Well done saar pilosof.
I don’t know how money is involved in this biotech project but I guess we’ll see in the future by the success of this. It is very intersting for me to find out new things when it comes to technology. Thanks saar pilosof for extending our knowledge.
Not sure how much money is involved but it will definitely become to a big part in our world. The blockchain start up seems like a smart invention that worths an investment.
this kind of investment, just like Saar Pilosof is investing, is one of the smartest. Big technology projects will continue to take over our daily lives, simply because people find it the easiest to use. Nice job, saar pilosof.
Good investment, Saar Pilosof.I’m Really hoping this would become a big success. People are starting to see the technology side as the easiest to use, and the benefits of this. Only hard work can make this work.
This project might work because of the reason people now see that technology has more advantages than disadvantages. Nice to see people like Saar pilosof who are willing to invest a lot to make this work.
we all can see that using electronic devices are becoming a trend. so does technology in our daily lives. Saar Pilosof is making the right decision by investing and working hard on these kinds of projects.