In episode 97 of the Disruptors for GOOD podcast, I speak with Henry Ines, CEO of GoChain on building blockchain solutions to help create a more transparent and sustainable world.
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What is GoChain?
GoChain is a blockchain platform that is designed to be scalable, secure, and environmentally friendly. The platform uses a proof-of-reputation consensus model, which means that node operators are chosen based on their reputation within the network.
This makes the platform more decentralized than other blockchain platforms, as well as more energy-efficient. It is also compatible with Ethereum smart contracts, which makes it easier for developers to build applications on the network.
In addition, the platform has its own cryptocurrency, called GO. GO can be used to pay transaction fees or to reward node operators for their contributions to the network.
The GoChain Foundation
Founded in 2017, the GoChain Foundation started with an idea to build a network that solved the blockchain scaling problem to drive enterprise and mainstream adoption; and ultimately to leverage innovative solutions and technologies for the betterment of society and our habitat.
At 1,300 transactions per second, the network is now among the fastest, most reliable, web3 based public and private blockchain protocols.
The Proof of Reputation (PoR) consensus algorithm relies on a decentralized consortium of highly reputable, legal entities ranging from Fortune 500 companies, NGOs, nonprofits to leading universities to validate transactions and support governance of the network.
The company partners with companies in all industries to quickly launch and manage their own scalable, low-cost blockchain solutions, run distributed applications and to deploy smart contracts.
Henry is a global executive with 20+ years of professional experiences to include more than a decade as a VC working in Silicon Valley and Asia. He currently serves on the Steering Committee of the GoChain Foundation and as CEO has been responsible for driving enterprise adoption and overseeing the strategic growth and direction of the network.
Henry began his career as a management consultant for Fortune 500 companies. Later, he worked in corporate finance focusing on sell-side M&A within the IT and consumer & industrial product sectors before transitioning to merchant banking and direct investments in early-stage technology companies.
He is also an advisor to multiple tech startups and serves as a mentor for accelerators & incubators globally. Henry is passionate about global impact and seeks to leverage technology for the benefit of humanity.
Henry holds a BS in Finance from Pennsylvania State University in University Park, PA and an MBA from Duke University Fuqua School of Business in Durham, NC.
Grant is the founder of Causeartist, one of the most influential impact business platforms in the world. Since 2013, Causeartist has been read in over 150 countries. Grant has personally interviewed 700+ impact entrepreneurs from around the world, highlighting innovations in ethical fashion, climate change, ethical technology, impact investing, and sustainable travel.