Faculty Director Gary Marchant sat down with Congressman David Schweikert, co-chair of the Congressional Blockchain Caucus, and Sweetbridge CEO Scott Nelson as part of LSI’s recent Blockchain Speaker Series.
Marchant, Schweikert, and Nelson engaged in a wide-ranging discussion of the regulatory challenges facing blockchain innovation, as well as the opportunities for streamlining a host of private and governmental functions using blockchain technology. Supply chain liquidity, banking, portability of medical records, tax collection, proving regulatory compliance – all could potentially be revolutionized by blockchain.
Sweetbridge wants to be on front lines of that potential revolution. The company just won several awards – Most innovative use of Blockchain in the Supply Chain and Judges’ Choice – at the Blockchain Expo in Amsterdam.
When Schweikert and Nelson think about this technology, they think big. “If we all care about society – and this is where we sometimes miss our messages – this is not technology for technology’s sake. It’s technology for efficiency that will help us grow our society, economy, and opportunity,” said Schweikert.