01. Aldo Carrascoso, Align Commerce, Visits #theCUBE!. (00:22)
02. Give Us A Background On Align Commerce. (00:57)
03. What Is The Difference Between Bitcoin And Block Chain. (01:21)
04. Is There Less Vulnerability With Block Chain Than There Was With Bit Coin. (02:17)
05. Is Block Chain Really Eliminating Friction. (03:17)
06. Was There A Particular Industry You Saw An Opportunity In. (04:27)
07. Do You Take A Smaller Fee Than They Would Pay Their Bank. (05:04)
08. Where Are We In The Adoption Of Block Chain. (05:18)
Track List created with http://www.vinjavideo.com.
--- ---
Aldo Carrascoso, Founder & COO, Align Commerce, talks with theCUBE's Jeff Frick at Blockchain FinTech
https://siliconangle.com/2016/03/28/beyond-bitcoin-the-new-blockchain-apps-that-are-changing-commerce-fintech/
Beyond Bitcoin: The new blockchain apps changing commerce | #FinTech
There’s been a change on the conference scene lately. Where there used to be a new Bitcoin conference popping up at every turn, now blockchain conferences have become more frequent and popular. This last blockchain conference held in San Francisco drew attendance from heavy hitters Intel, Microsoft and IBM.
According to Aldo Carrascoso, founder and COO of Align Commerce, Inc., people are growing more interested in what kinds of applications are possible with blockchain. He told Jeff Frick, cohost of theCUBE, from the SiliconANGLE Media team, that his own company has been successful targeting one specific problem with blockchain: those annoying fees banks charge to transfer funds across borders.
Align Commerce allows people in 60 countries to transfer funds through email and avoid international transfer fees, said Carrascoso.
The blockchain solution
Carrascoso said that companies are interested in very specific use-cases for blockchain.
“The use case that Align Commerce wanted to go after was the cross-border payments use case,” he said, adding that banks make a tremendous amount of money from international transfer fees that hurt small and medium-size businesses. “Essentially, we’re trying to help these small guys play with the big guys by making all payments local,” he said.
Watch the full interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of the Blockchain Conference San Francisco 2016.
@Align_Commerce @SiliconANGLE theCUBE #theCUBE @theCUBE #Blockchain
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01. Aldo Carrascoso, Align Commerce, Visits #theCUBE!. (00:22)
02. Give Us A Background On Align Commerce. (00:57)
03. What Is The Difference Between Bitcoin And Block Chain. (01:21)
04. Is There Less Vulnerability With Block Chain Than There Was With Bit Coin. (02:17)
05. Is Block Chain Really Eliminating Friction. (03:17)
06. Was There A Particular Industry You Saw An Opportunity In. (04:27)
07. Do You Take A Smaller Fee Than They Would Pay Their Bank. (05:04)
08. Where Are We In The Adoption Of Block Chain. (05:18)
Track List created with http://www.vinjavideo.com.
--- ---
Aldo Carrascoso, Founder & COO, Align Commerce, talks with theCUBE's Jeff Frick at Blockchain FinTech
https://siliconangle.com/2016/03/28/beyond-bitcoin-the-new-blockchain-apps-that-are-changing-commerce-fintech/
Beyond Bitcoin: The new blockchain apps changing commerce | #FinTech
There’s been a change on the conference scene lately. Where there used to be a new Bitcoin conference popping up at every turn, now blockchain conferences have become more frequent and popular. This last blockchain conference held in San Francisco drew attendance from heavy hitters Intel, Microsoft and IBM.
According to Aldo Carrascoso, founder and COO of Align Commerce, Inc., people are growing more interested in what kinds of applications are possible with blockchain. He told Jeff Frick, cohost of theCUBE, from the SiliconANGLE Media team, that his own company has been successful targeting one specific problem with blockchain: those annoying fees banks charge to transfer funds across borders.
Align Commerce allows people in 60 countries to transfer funds through email and avoid international transfer fees, said Carrascoso.
The blockchain solution
Carrascoso said that companies are interested in very specific use-cases for blockchain.
“The use case that Align Commerce wanted to go after was the cross-border payments use case,” he said, adding that banks make a tremendous amount of money from international transfer fees that hurt small and medium-size businesses. “Essentially, we’re trying to help these small guys play with the big guys by making all payments local,” he said.
Watch the full interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of the Blockchain Conference San Francisco 2016.
@Align_Commerce @SiliconANGLE theCUBE #theCUBE @theCUBE #Blockchain
