S4 E19: The Death of the Password: How Atakama Engineered Threshold Cryptography with Daniel Gallancy

Daniel Gallancy is a husband and father to an 18 month old son. He studied electrical engineering and physics in school, but ended up working in finance, doing diligence on tech companies for an investment fund. In 2011, he discovered bitcoin and became enamored with the concept. At that time, he bought 1 whole bitcoin for $4 dollars. Looking back, he obviously wishes he would have bought more. We got into an interesting conversation about ICO's - initial coin offerings - and tokens in general, around how companies drive up the value of said tokens through usage, rather than business profit. In his words, he saw the ICO world as a regulatory arbitrage, which didn't make for a good investment, but did make an interesting story.In 2013, he decided to leave the hedge fund world - IE his nice cushy job - and pursue something in the crypto world. Ultimately, he realized that some of the more interesting concepts being used in crypto - specifically, distributed key management - could be used in solutions outside of the block chain world. In a discussion with his co-founder, they figured out that solutions like this didn't exist, and that they wanted to build it.This is the creation story of Atakama.SponsorsActon Children's Business FairProdPerfectLinksWebsite: https://www.atakama.com/LinkedIn: https://www.linkedin.com/in/gallancy/Leave us a review on Apple PodcastsAmazing tools we use:This podcast is hosted on RedCircle, a FREE platform for podcasts and brands to scale their message. Want to record your remote interviews with class? Then, you need to use Squadcast.Code Story uses the 1-click product ClipGain, sign up now to get 3hrs of podcast processing time FREEIf you want an amazing publishing platform for your podcast, with amazing support & people – use Transistor.fmCredits: Code Story is hosted and produced by Noah Labhart. Be sure to subscribe on Apple Podcasts, Spotify, Pocket Casts, Google Play, Breaker, Youtube, or the podcasting app of your choice.Our Sponsors:* Check out Cash App and use my code CASHAPP10 for a great deal: https://click.cash.app/ui6m/mt82fpxl #CashAppPod. Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. See terms and conditions at https://cash.app/legal/us/en-us/card-agreement. Cash App Green, overdraft coverage, borrow, cash back offers and promotions provided by Cash App, a Block, Inc. brand. Visit http://cash.app/legal/podcast for full disclosures.* Check out Plaud AI and use my code CODESTORY for a great deal: https://plaud.aiAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy