2030 is a blockchain technology that aims to disrupt the global banking system by 2030. Find out everything you need to know about 2030 today in our review.
What Is 20|30 Twenty Thirty?
2030, found online at 2030.io, is a blockchain company that aims to disrupt the banking industry through decentralization.
The company was founded by 57-year old blockchain expert David Siegel, a graduate of both Harvard and Stanford, as well as 27-year old Co-Founder Yogesh Gaikwad.
The goal of 2030 is to decentralize international banking and trade systems by 2030 using blockchain technology. The company also plans to build “innovation centers” around the world, including in London, Bengaluru, and Zurich.
20|30 Twenty Thirty isn’t a traditional blockchain technology company. The company is a holding company that operates as a combination between a tech startup and an accelerator. 2030 is an AG Corporation.
So far, the company has announced four core products. Those products include a health wallet that lets you store your health data and share it with professionals; a flight delay insurance platform that lets you receive compensation when flights are delayed (Etherisc); a cryptocurrency exchange platform capable of trading 50 cryptocurrencies (Token Factor); and a decentralized social network for professionals, similar to LinkedIn.
How Does 2030 Work?
2030 estimates that its innovation centers will break even quickly. Those centers will earn revenue through consulting, training, and renting desks while also serving as a social platform from which to draw talent.
2030 will also collaborate with larger firms to provide training and consulting services.
Meanwhile, in India, 2030 has particularly ambitious goals: the company aims to disrupt the legal, healthcare, and financial industries.
The innovation centers claim to re-imagine and reinvent the way people work using decentralized technology.
“We believe decentralisation will be a powerful force reshaping organizations and society,” says co-founder Yogesh Gaikwad.
From these centers, 2030 will build “a diverse portfolio of experiments, projects, and business units that empower people, organizations of all stripes, and society at large.”
“We want to build the infrastructure, tools, apps, and smart contracts that one billion people will use in the year 2030. We want to help millions of people understand and use these tools, to make them mainstream.”
That’s where the education portion of the 2030 centers comes into play. At these centers, people will be able to learn and invent new technologies, solve existing business problems through decentralization, and identify new market opportunities.
The 2030 Coin
2030 has announced plans to launch its own coin and use it “to accelerate innovation”.
However, details of this coin have not yet been released.
Who’s Behind 2030?
2030 was created by a team of global entrepreneurs, growth hackers, and FinTech specialists. Key members of the team include David Siegel, who started one of the first web design agencies and sold it to KBMG. Siegel also started a blockchain education website.
Siegel partnered with Stephan Karpischek, a blockchain educator and founder of Etherisc and B9 Labs. Karpischek was also part of the UBS Crypto 2.0 Innovation Lab in London; prior to that, he was a programme manager at Swisscom and researched machine learning and the internet of things at ETH Zurich.
The pair partnered with Tomer Sofinzon, and Israel-based entrepreneur known for founding ClearCi, a company focused on enterprise intelligence solutions.
Other key members of the team include Anish Mohammed, a member of the Blockchain Advisory Group and (until recently) the chief architect of blockchain solutions at Lloyds.
Together, this team is partnering with tech startups with unique ideas in Switzerland, the UK, Canada, Singapore, the United States, and India.
The company claims to have seen over 200% growth over the last year. As of February 2017, the company had three clients and three prime partners. One of their clients, Lykke, is one of the top three Swiss startups in the region.
20|30 Twenty Thirty Products
Obviously, based on the information above, 2030 has some ambitious goals spanning across the cryptocurrency industry and decentralized networks. To focus their goals, 2030 has four distinct products in development, including each of the following:
This product will hold over 50 cryptocurrencies and act as an exchange platform. The platform will launch in the UK and Switzerland.
Etherisc is a flight delay insurance platform built on the blockchain. You can use the platform to receive compensation when your flight is delayed. Or, you can effectively make bets on which flights get delayed, then earn money based on whether or not that bet was correct.
Decentralized Social Network For Professionals
This product has been developed in stealth mode, so we know very few details about the project so far. However, it appears to be a decentralized version of LinkedIn, offering social networking services for professionals.
2030 Data Locker
2030 Data Locker is a health wallet that lets you store details and health-related documents and reports for family members while also facilitating interactions with doctors.
20|30 Twenty Thirty Conclusion
Overall, 2030 is a “sector agnostic” company. The organization isn’t catering its technologies to any specific industry. Instead, they’re building technologies that can fuel the decentralized blockchain world overall.
2030 sees an enormous opportunity in the world of global finance and trade. Decentralization will change the way these industries operate. By the year 2030, these industries will be built on decentralized blockchain technology.
2030 will open offices around the world to facilitate blockchain-based innovation. The company has already announced plans for a series of products catering towards the blockchain industry.
Overall, the organization has some ambitious and over-arching goals. However, the organization also has a long time (13+ years) to achieve those goals. Visit 2030.io to learn more about this unique organization and how it operates – and see whether they truly can build tools for “the decentralized networked world that will be mainstream by 2030.”