Clovyr’s Amber Baldet Talks About Creating the Google of Blockchain and JPM Coin Use Cases
Clovyr Co-Founder Amber Baldet Talks About How They Are Building The Google Of Blockchain
Amber Baldet, the co-founder of Clovyer, explained how they are working in order to build this blockchain and crypto startup. Amber Bladet is known for being behind the development of JP Morgan’s blockchain network Quorum. However, she left the bank to start her own blockchain startup that continues to be developed.
Amber Baldet Talks About Blockchain Technology
During a conversation with The Block, Baldet makes a general overview of Clovyr and how they are working on this project. Although she could have a lot of media attention, she preferred to have a very low profile regarding the platforms they are building.
Several individuals that heard about Clovyr believe that this is something similar to a dApp store. Nonetheless, Baldet notes that she does not like when they receive that name. They indeed are working on something that makes chains interoperable among each other. Thus, it is possible to connect to different blockchains.
Baldet has also clarified that the intention is to help individuals and companies find and have access to those things that they need to build interoperable products. She explained that companies need a basic toolset in order to build dApps instead of starting from the ground up.
About it, she commented:
“If every enterprise builds their plugs separately, that’s a huge waste of resources. Half of them are going to write it with some sort of bugs… Once you have that sunken cost, you’re committed to that path.”
She has also mentioned that it is difficult to test different protocols, which creates a disconnecting between the primitive state of enterprise blockchain and what they thought they could eventually build. As she mentioned, there are several firms that are struggling with existing blockchain networks.
Baldet said that they are offering enterprises unlimited subscription-based access to a developer market that allows them to experiment and improve their systems. She compared their business model with the gaming-library Steam. In this way, Clovyr is able to lower the barrier of entry for many different companies.
She ended the conversation with The Block by saying that the first phase of the platform is “pretty close” and it could eventually follow the 2019 Consensus conference.