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The New Internet Economy with Beniamin Mincu (CEO Elrond)

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Release Date: 03/12/2021

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About the Guest:

Beniamin Mincu is a tech entrepreneur, particularly focused on Blockchain Technology and Artificial Intelligence. He is the founder & CEO of Elrond.com, where he spends most of his time.

He worked at NEM as part of their founding core team, which is a blockchain technology that delivers a world-class platform for the management of almost any kind of as.

In this conversation we talked about:

  • The impact of having access to basic financial infrastructure
  • What is the promise of Elrond / Decentralized Finance
  • How is Elrond different? What is Maiar, the cash app on the blockchain?
  • How Elrond was built & how an effective team works together to make such great progress.

Time Stamps:

  • 00:00 - Introduction
  • 02:18 - What is Beniam Mincu’s Mission
  • 06:12 - The Importance of The Financial System in The World
  • 11:37 - The Impact of Having Access to Basic Financial Infrastructure
  • 18:58 - What is Elrond and How is Different
  • 22:59 - What is the Performance Criteria for Elrond Transactions
  • 28:27 - What is the Innovation that Allows doing 10,000 Transactions per Second
  • 35:08 - What is Maiar - the Cash App on Blockchain
  • 38:40 - How Romania Would Look Like if it Would Run on Elrond
  • 45:48 - What are Beniamin's Thoughts on GameStop / Robinhood Situation
  • 48:15 - What are Some other Top Fundamental Problems That Blockchain Could Solve
  • 52:12 - What is the Differentiator Factor That Allowed to Make Great Progress so Fast
  • 57:22 - What Was the Initial Founding Team
  • 59:22 - How Can People Contribute

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