Crypto Heidi: Alex Shaw@Euphrates: We deliver enterprise blockchain solutions to companies

  • Sunday, 16 September 2018 23:22
My name is Alex Shaw, and I'm the co-founder and business development lead for Euphrates blockchain consulting. What we do is we deliver enterprise blockchain solutions to companies in Milwaukee, Wisconsin, and we're working on scaling to a national scale. We focus on enterprise clients and startups. But we work with enterprise clients to educate them blockchain solutions and then ultimately implement these blockchain solutions into their current business model. We're looking to develop the connections necessary to deliver more value to our current clients, and then also to deliver more value to future clients. First, we sit down, and we analyze exactly what the current company already has. So we analyze their network, we analyze their assets, and we analyze all resources that can we can utilize currently in their business model to implement a blockchain solution. We focus on the proof of concepts. So we focus on proving the hypothesis before the significant capital investment. So we can get that small wind to show to the executives of the department or of the organization that blockchain is a viable solution, and it can deliver value today. And then at that point, we execute the PLC and which is the proof of concept, and we prove the hypothesis, and then we ultimately move on to the pilot state. How old is your company? We just graduated from Marquette University. Yeah. Thank you so much. And yeah, so we've been working with enterprise clients in Milwaukee, from the range of about 100 million to 300 million in revenue. How big is your company? It's currently two employees, Davis and I here and then we do that use case analysis. And we do the report writing. But then come to the actual development phase. We have a team; we partner with various firms in the Madison and Chicago area to develop the solution. So what's your goal for this year, and the next year? Our goal is to start working on projects that are going to be changing for the quality of life for people. Currently, we do a lot of what we want; we want auditable and transparent transactions especially in sectors like nonprofit where these they kind of turn into black holes. Oftentimes, money is donated to these nonprofits. And then it's not dispersed in the most honest fashion. So we want to protect these people that are investing as well as just creating a more honest and transparent economy. We're revenue positive, and we are not looking for funding. I believe that Ether is the framework that all enterprise clients are going to be needing. I think that's going to be the de facto public blockchain because I mean, everyone knows Bitcoin and that the sole use case analysis, which is monetary value transfers, except now, this value can come in any form you posted on a public blockchain and I think public blockchain in order to be a blockchain needs proof of work. So the underlying technology of the thorium incorporates proof of work, so it's going to be an end-all source of truth for business transacted. EOS? I will bite my tongue. I'm not a fan of it. I think that they show the company but, uh, yeah, it does have it does have a lot of competitors. And, but none of the other competitors are incorporating things like proof of work which you need for it to be an end-all source of truth for enterprise clients. So how often do you buy? I cost average buy, so I buy on a weekly basis. Heidi Yu on Social Media: YOUTUBE- http://bit.ly/heidiyu INSTAGRAM- https://www.instagram.com/heidihanyu/ FACEBOOK- https://www.facebook.com/heidi.han.yu TWITTER- https://twitter.com/heidihanyu Support Heidi's startup: http://www.BOOSTO.io Support crypto community: http://www.cryptoinfluence.io

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