Author: Jerry

Travel industry is one of the largest industries in the world -- contributing ~$5 trillion+ to our global GDP every year -- and even with the advent of globalism/global interconnectedness, internet proliferation, and financialization of assets (not you can rent your unused car and RV, full house or a single room and even your garage … Continue reading Hoken — Web2 meet Web3 for More Efficient Travel Inventory

If you take any ship and punch holes above its waterline, it's not going to sink. If you start to punch holes below the waterline, there is a decent probability the ship is going to sink. Most decisions we make in a young, fast growing startups comes with risks, probabilities and tradeoffs (most decisions are … Continue reading Making Great Bets above the Waterline

Circle, co-creator of USDC, one of the leading stablecoin settlement layer for this industry, recently launched a decentralized identity management called Verite. Verite is an API-based framework that allows 3rd party credential authenticators to provide their expertise on investor/user credentials and ultimately, these credentials to be managed on-chain aka on investors Web3 wallets (Coinbase Wallet, … Continue reading FinCEN Travel Rule, Unlocking Decentralized Identity with Verite, Web3 Wallet On-Chain Credential Mgmt + oAuth 3.0

Payment Automation for web3 - Greylock's Investment in OAK Network Some key observations/thinking from that Greylock public investment Memo (I’m sure it’s way deeper than that for the internal memo): “Committing to a future transaction at a future price”  This is arguably a form of options or at least future fixed transaction/in the SaaS model world, I’m sure how … Continue reading Payment Automation for web3 and Uniswap v 3.0 Upgrades

The continued blurring of public market and private market (due a wide range of theories and actuals including private company staying longer, more anti-trust regs incoming and its impact on public vs private companies M&A pipeline/strategy, cost of capital, expansion ways to finance business venture debt/SaaS AR factoring with Pipe/Capchase, ways to get liquidity along … Continue reading “All large hedge funds will eventually invest in start-ups because the divisions between private and public markets are becoming irrelevant.” — Dmitry Balyasny

Stock exchanges operate as simple two-sided platforms, matching buyers and sellers. Like other platforms, they benefit from network effects. The more people that transact, the greater the value of the platform to others. As traders say, “liquidity begets liquidity”.  US stock exchange markets started their bloom back in the mid-20th century, where they are countless … Continue reading Regulation NMS (National Market System) in Private Securities and Alternative Trading System (ATS)?

tbdex-a-liquidity-protocol-v0.1Download TBD, a subsidiary of Square, released v0.1 of their decentralized exchange (DEX) liquidity protocol on Github for public debate on November 19th, 2021. Some background summary here is that Square has been pushing crypto and now DEX to their 40 million+ users on Cash App (Square product). In a more recent interview, Jack Dorsey … Continue reading TBD Square – tbDEX: A Liquidity Protocol v0.1

Since the inception of corporations, corporation innovation arm has been a critical and often times, internal function of the business. Corporate innovation is more than just merely a R&D function but scales beyond that as a separate division that can tap into the core business for resources and invest, experiment, and scale new products and … Continue reading DAOs and Corporate Innovation

As cryptocurrency market continues to grow as a market (current at about $3 trillion USD globally) corporate treasury leaders are starting to ask the question of what and how can I have exposure in this for my company's treasury. Below are some thoughts on crypto corporate treasury management. This is not financial or technical advice … Continue reading Crypto Corporate Treasury Management

As companies and developers continue to build and proliferate fintech API dev docs, we will see continuous disintermediation of traditional financial institutions and part of their functionalities they provide to customers. Along with this comes an immediate need to better manage data privacy given the constant transmission of data and payment between different consumer/business finance … Continue reading Skyflow and Data Privacy API

Synapse, an payment and KYC/AML API-provider recently introduced they are trialing with real-time payment (RTP). This would be an tremendous improvement to what most Head of Finance or consumers who conduct ACH and/or wires know as of today - which is a multi-day ACH/wire settlement time. I really enjoy like what this startup is doing … Continue reading Synapse and Payment API and Real-Time Payment (RTP)

Most of us have used emojis one way or another to communicate with each other. Emojis have been around in APAC (mainly Japan and South Korea) since the 1990s but really got it's adoption in the US in recent decade or less from iOS constantly adding new emojis to their library and to Facebook adding … Continue reading Emoji-based Domain Name Data Structure

As we continue to add exponential amount of unstructured data from content creation and elsewhere (audio, image, video, 3D VR and AR etc.) there will soon to manage and utilize these unstructured data in a scalable way. Unstructured data is information that does not fit into a predefined data model or schema, or in essence, … Continue reading Data Warehousing for Unstructured Data and iOS 15

One of the leading real-time crypto on-chain data providers, Pyth Network, minor hiccup in the code logic created a -90% crash in BTC/USD price within a 2-min interval then bounced back thereafter. This temporary crash occurred yesterday (September 20, 2021 - 2:21 and 12:23 UTC) Pyth Network also provided pricing for Jane Street (one of … Continue reading Real-time Crypto On-chain Data Provider Created a 2-min Interval of 90% Crash in BTC/USD on Sept 20, 2021

Domino's recently launched a partnership with DraftKings, one of the leading betting companies, in the US. Who knew you can use gambling to drive business stakeholder behaviors (in this case, Dominoes customers, Dominoes employees, Dominoes corporate, and DraftKings users) Here is some crazy win-win corporate strategy - Dominoes (pizza company, who btw, innovated in 2009 … Continue reading Domino’s – Stakeholder Alignment & Special Initiative