In TVOA host, Kadmiel Van Der Puije’s interview with John Karas, the President and Co-Founder of Akoin, he discusses designing blockchains for a frictionless world. Particularly highlighting the costs involved in transferring money internationally, Karas touches on the efficiency of blockchain and its ability to remove the friction experienced in traditional methods of money transfer. The security involved in blockchain-based transactions such as these, he notes, is also a result of the traceability of blockchain transactions.

As the world advances towards a digital economy, the use of blockchain as an integral part of many transactions is an essential aspect of development worth looking into. Watch the series of interviews via the link below.