In this episode of "yWeb3 Navigating Frontier Tech," host Jay Steinback is joined by guests Nassim Eddequiouaq and Riyaz Faizullabhoy, Co-Founders of Bastion. Together, they delve into the dynamic world of Web3, dissecting recent market events and exploring blockchain's transformative power in finance. Throughout the episode, they navigate the challenges of open source, discuss Meta's wallet, scrutinize the complex landscape of BTC ETFs, and unravel the intricacies of Binance's decision to halt Nigerian naira transactions.

Tune in for captivating clips on blockchain transparency in finance, the SEC's delay in BlackRock's ether ETF proposal, and a glimpse into the future of Web3. Join us as we unlock the secrets of Bastion's roadmap, providing you with valuable insights into the ever-expanding Web3 universe. This is "yWeb3 Navigating Frontier Tech" - your compass in the fast-evolving world of Web3 and emerging technologies.

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About Guests:

Nassim Eddequiouaq, co-founder of Bastion, is a seasoned leader with over seven years of experience in shaping cutting-edge technology solutions for the web3 landscape. Beginning at Docker, where he played a key role in making it a preferred platform, Nassim later pioneered hardware-backed private key storage at Anchorage Digital, contributing to the first federally chartered crypto bank.

His impactful contributions continued at Meta's Novi, where Nassim's expertise in designing and implementing secure wallet infrastructure solidified his trailblazer status. As the former CISO of a16z crypto at Andreessen Horowitz, he played a crucial role in shaping Bastion's vision, securing a $25 million seed funding round. Nassim's commitment to building secure custodial wallet infrastructure aligns seamlessly with Bastion's mission to empower businesses with intuitive web3 products.

Riyaz Faizullabhoy, co-founder of Bastion, is a seasoned technologist with over seven years of expertise in scalable solutions for the web3 ecosystem. Collaborating closely with Nassim Eddequiouaq, Riyaz played a pivotal role in Docker's success, making it the go-to choice for streamlined application deployment.

At Anchorage Digital, he and Nassim pioneered hardware-backed private key storage solutions, contributing to the first federally chartered crypto bank. Riyaz's expertise in building secure transaction infrastructure showcased his commitment to innovation in the evolving crypto landscape.

His tenure at Meta's Novi further solidified his visionary status, emphasizing security and usability in cryptocurrency wallet infrastructure. As the former Chief Technology Officer (CTO) of a16z crypto at Andreessen Horowitz, Riyaz played a key role in shaping Bastion's direction and securing a $25 million seed funding round. His focus on secure custodial wallet infrastructure underscores Bastion's commitment to addressing critical needs in the web3 space.

Guest Social Links:

Nassim’s LinkedIn: https://www.linkedin.com/in/nassedd/

Riyaz’ LinkedIn: https://www.linkedin.com/in/riyazdf/

Bastion’s Website: https://www.bastion.com/ 

Timestamps

00:26 Jay’s Intro 

01:25 Guests’ Intro 

06:54 New York Community Bank $NYCB stock trading halted after crashing 42% 

16:45 Binance to cease all Nigerian naira transactions by March 8 

23:28 On BTC ETFs: accessibility, custody and legality 

28:15 MicroStrategy Upsizes Convertible Debt Offering to $700M to Buy Even More Bitcoin 

36:05 Kremlin announces creation of blockchain-based payment system in BRICS 

42:47 SEC delays BlackRock ether ETF proposal again 

54:59 The future of Web3 

56:45 Bastion’s Roadmap 

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DISCLAIMER: yWhales is not affiliated with YPO. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.

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