Jan Baeriswyl became interested in the blockchain when he worked for Google, even though it was not part of his daily work. He was in marketing, but he organized some blockchain meetings.
Originally from a business-tech background, he says he became "super-obsessed" with technology about three years ago when he was only 21 and dived into the blockchain universe.
More recently, he has worked as a consultant for banks and venture capitalists offering advice on the strategy of distributed ledger technology, as well as consulting to companies and start-ups.
He also worked in Early Bird Venture Capital.
The bedrockx co-founder is in the list of Tech London Advocates among the 25 best people to watch under 25 years. He did not mention this modestly in our interview!
Overview
He and co-founder Nancy Fechnay are finalizing the overall vision with a launch date that should be announced at some point in the coming months.
With bedrockx, they are "working on a blockchain-based infrastructure for managing digital investment funds". As in stealth mode, it does not want to process at all.
I found a job posting for an intern for the company where the team calls itself "four good pioneers" who are "expert founders, investors and blockchain experts".
"They are not – greedy, fake or bullshit," continues the publicity. "And the co-founder of one of the most respected blockchain projects in the world said," I think you're one of the few real blockchain projects out there. "
Public perception
Baeriswyl is happy to discuss other issues, such as the value of cryptocurrency following the recent market crash. Value can go either way as it "depends on public perception, which comes in waves," he says.
During a previous incident in 2013, it was "on a much smaller scale". "Now there is much more clamor," he comments. "But this is normal and it's how innovation works.With normal startups, only a small percentage is feasible in the long run.
"For some I am quite convinced, prices will come back but where there are many pickets, the process is repeated and will die slowly," he says.
"Most of the value will be concentrated in some projects and what happened with a few giants like Google, Facebook and Amazon [in the dotcom boom], the same will be repeated here ".
Power
There is strength with Bitcoin which says "is the best example of this data that is still running after 10 years".
He predicts that "large technology companies, similar to Facebook, will employ a utility token, not a security token" in future times.
Turning to the gender imbalance in the blockchain, he states that the problem is a problem for other sectors and "not in any way specific to cryptography".
Emphasizes that her co-founder, Nancy Fechnay, is a woman.
Last week, Fechnay tweeted: "The traditional #UK #VC company is made up mostly of white males [no surprise] and his investment reflects the demographic one. Morgan Stanley found that only 17.6% of senior finance executives are employed by women. We change this. "
Market model
Baeriswyl says that in the last decade the market model has been fairly clear with bitcoins. "On average, it has increased and the market reacts excessively and is super cyclical," he says.
The immature market is "the main determinant" for this cycle, he says. He points out that with the fake Bitconnect token, "everyone in the space knew it was an obvious scam, but it was in the Top 50 of the Market Cap for so long, when the consensus was just a pyramid scheme."
He says that the main challenge in the whole space is "scalability and privacy".
"How do you reconcile what is technically possible with the regulations and laws of the different countries?
"The way you gather them is a big challenge and it's just one that we can understand when we see mass adoption".
Realistic time scale
It is almost impossible to establish a realistic time scale, as regulators "have ten-year maturities".
But he stresses that countries that have adopted legislation for this technology – Malta, Gibraltar, Liechtenstein and Switzerland, with their competitive and dynamic approach, could accelerate the process elsewhere.
He says that venture capital could develop so that investors invest in a tokenised ecosystem.
They could offer a "service on the supply side, engage in the network and continue to bootstrap on the supply side".
This kind of behavior based on hedge funds is a reaction to the current cyclical nature of the market, he adds.