Name and current occupation:
Krishnendu Chatterjee, Business Development & Sales Manager, DTCO, Taiwan
Describe your current activity:
I am currently responsible for driving the early adoption of blockchain solutions for DTCO, Taiwan in healthcare, academic and pharmaceutical sector; through a diverse set of actions.
Having a multidisciplinary educational background – Biotechnology (B.Tech), Chemical Engineering (M.Tech) and Bio-Nanotechnology (Ph.D), enables me with a strong technical background. I am an entrepreneurial oriented Ph.D. who uses my research and analytical abilities to create focused blockchain solutions. Having worked on different ICO white paper, devising tokenization model, market analysis & go-to-market strategy, both in my personal and professional capacity; I also assist companies in launching ICOs as well as blockchain related products in my independent capacity.
When did you first hear about Bitcoin/blockchain and how?
I first heard about Bitcoin in Sept, 2015 while I was attending a scientific conference in Germany. Post-conference dinner discussions piqued my interests in the subject and later after I returned to my research work, I kept reading more on bitcoin and associated technologies, intermittently (even investmenting a small amount to buy Bitcoin). But it was only early last year, during the final days of my Ph.D. tenure that I actually devoted considerable amount of time to know the tech behind blockchain.
What was the first crypto-related activity you did?
The first crypto-related activity that I did was to buy and HODL bitcoin sometime in mid-2016.
What was the last non-blockchain related job/occupation you had?
I joined DTCO, a blockchain solution provider based out of Taiwan right after I finished my Ph.D. (also from Taiwan). So, my first job was in a blockchain company to begin with. But during my school & later in college days, I did assist my dad in his transportation business from time to time (he owned several public buses in India).
What made you migrate to the blockchain professional environment?
A unique opportunity was presented to me, to combine my knowledge & passion for promoting a blockchain powered IP exchange platform amongst researchers and pharmaceuticals (BioIPSeeds); which I grabbed with both hands.
How do you see your role in blockchain and crypto? How do you think you can influence the industry?
I will continue learning myself about the evolving DLT’s and assist in educating & developing blockchain applications for the people, globally. Along with it, its also important to keep this blockchain space clean of undesired elements. The crypto space is full of scammers (higher than average) which has given this industry a bad name. Hopefully, due diligence conducted by everyone involved will make it much safer for others to get in and grow with the industry.
How do you see the actual situation with ICOs? Do you believe they should be regulated? For ICOs – Winter is here, truly. Gone are the days where 2 co-founders with a white paper could raise millions by selling dreams. Everyone involved has become more aware which has drastically reduced the no of scam ICOs. I believe ICOs too would soon follow a pattern like raising investment from VCs (currently institutional/ private investments are driving ICO fundraising too).
The regulations should be put in place not only for ICOs raising funding from a particular country but also from other countries, if they raise funding using fiat. But banking facilities should also be provided for these regulated ICOs (currently a hindrance) for easier fiat to crypto and vice versa.
From your point of view, what are the main challenges of blockchain at the moment?
Getting rid of scammers> Facilitating a smooth crypto to fiat transaction> Having a ready made blockchain integration opportunity for existing businesses would go a long way in bringing people from the mainstream to this area driving the adoption of this technology.
How do you see the future of blockchain? How will it evolve? Where do you think we will be in ten years’ time? Do you see crypto as some kind of universal payment system? Do you think that bitcoin will still be king, etc?
The future of blockchain can be gauged from the present trend. Almost all the industries would utilize blockchain or DLT’s in the future and 10 years down the line it would be as common as probably the internet is today. As of today, Bitcoin is digital gold but its no more than an investment proposition. So, as of now cryptos being used as universal payment system is still a dream in making…
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