David Ortega Berdún is CEO of Dekalabs, with a background in the blockchain and crypto world in Spain and with participation in ICO experiences. Cointelegraph in Spanish spoke to him about these issues and work in the Valencia region.
Fernando Quirsó (FQ): How did you find out about blockchain technology?
David Ortega Berdún (date of birth): In 2015 and 2016, I became interested in Bitcoin and even made a sporadic purchase to give it a try. At the end of 2016 I started playing with Ethereum in my free time. At that time, we at Dekalabs were only dedicated to app development and had a very stable team, so I had time to deal with such hobbies. During the first half of 2017, I carried out several personal projects on Ethereum and disseminated on Twitter and other networks via blockchain in general. All of this was still on a personal level.
FQ: Do you think blockchain technology is necessary in a context where it is common to speak of digital transformation?
DOB: When we refer to digital transformation, it has to be taken into account that in 95% of cases there is really talk about technological adaptation, i.e. companies that are still thinking about implementing an ERP, for example. In these cases, it’s obvious that technology like blockchain a priori doesn’t make sense. Now, within the other 5%, there is a part for which it makes a lot of sense to think about blockchain. The basic use cases of blockchain: tokenization, traceability and digital identity will have a huge impact in the sectors where they are successfully implemented.
FQ: Which industries are most interested in this technology?
DOB: For example, in the industrial sector, the use of traceability will have a major impact for obvious reasons. Thanks to the support of companies like Maersk, the first success stories of products can already be seen in this application. For the food sector in Valencia we are from, we have companies like Trazable that have a traceability product in this sector, which is also very important.
In the case of digital identity, several sectors are affected, e.g. B. the health, banking or hotel sector. In the banking and hospitality industries because they may be able to access user data in a completely secure and lawful manner. There are many opportunities in healthcare, but for example, Intervitas was introduced in 2018 to Sanitas Disruptive’s acceleration program, a startup that proposes a medical history management system through blockchain approvals (digital identity, at the end and).
Many sectors can be affected by tokenization as this is probably the most extensive use case. In the case of unusable tokens, we can see the tokenization of assets as interesting as our DNA sequence can be. There are companies like Genobank that are already making this proposal. In the case of fungible tokens, ClimateTrade is possibly the most interesting case I know of that decentralizes the purchase / sale of carbon credits through a platform that was developed on a blockchain tokenization system.
FQ: Do you think blockchain is a fad or does it solve problems?
DOB: It certainly solves problems. Or rather, it makes it easier to solve some specific problems. Most things that can be done with blockchain, if not all, could be done beforehand by uniting different technologies. It is true that there is still a certain fashion point that is inevitable every time a new technology emerges and that somewhat affects the benefits of the technology. This is because, as we have all seen, there are a lot of projects coming out, which in most cases are not valid use cases for this technology and were created to justify an investment rather than the fact that they really solve a problem. real. In any case, and to sum it up, blockchain will no doubt solve some specific problems in a very solvent-based way and will stay with us for a long time. We will always hear it less as something specific and more as part of problem solving. A bit in the same direction as databases that are necessary, but in the end are another technological step that solves a particular problem within a project.
FQ: What is Blockchain Dekalabs and how did it come about?
DOB: After my time of personal research and thanks to the limited spread of technology that I received on Twitter, the opportunity to work on one of the first ICOs in Spain appeared in 2017. Especially from REAL.markets. We worked on the development of this ICO, which had a fairly acceptable success, and that gave us the impetus to open a new business area for blockchain development in my company Dekalabs. At that time, we launched it as a new brand, Dekachain, and we also started doing technology dissemination tasks in Valencia through the Meetup Talk Blockchain Valencia, with which we had more than 500 members and where the Meetups used to be between 50 and 60 people always talk about technological problems related to blockchain. At the end of 2018, we already integrated the Dekachain brand into the Dekalabs value proposition, a bit in line with what I said earlier. Ultimately, blockchain is another technological part of a much broader value proposition.
CF: You participated in the ClimateCoin initiative. Can you tell us something about this experience?
DOB: At the end of the REAL ICO, one of the founding partners of Climatecoin (now Climate Blockchain Initiatives) came to me via LinkedIn. We had a very good feeling on both sides and the Climatecoin was the second ICO we worked on. It also had a very good result and that enabled us to continue working with them to this day. Climatecoin is one of the ICOs that have managed to adapt perfectly to the blockchain market change. They came in at the time of coin sales, but at the end of this phase they adjusted and were able to add value to the investment by developing projects like ClimateTrade or Save the Planet, as the value is not only economical but also impactful, because the basis of the projects is always to help the planet by facilitating the reduction of CO2 emissions.
FQ: How would you describe the presence of blockchain technology?
DOB: Blockchain is a very good technology, although it is still taking the first steps. We have already passed the time when only proofs of concept were created and we started to see real products with blockchain. Now is the time to pay attention to which companies know how to find the balance between technology and business, as it is very likely that these companies will speak for them in the coming years.
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