_this-entrepreneur-is-building-a-more-secure-future-for-crypto-users-by-bringing-competitors-together.jpg "This Entrepreneur Is Building A More Secure Future For Crypto Users By Bringing Competitors Together from private means Video Screenshot Preview")
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⏲ Duration: 15:36
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✓ Published: 14-Apr-2024
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✓ Published: 14-Apr-2024
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Like high-yield savings accounts that accrue interest, proof of stake blockchains like Ethereum encourage users to lock away their cryptocurrency for the sake of the network's security in exchange for more of the currency over time. It's a process called staking, but the caveat is that getting the ether back out can be a long and unpredictable process. Mara Schmeidt, 29, wants to solve this problem with her software company Alluvial. Alluvial works with clients like Coinbase, Bitcoin Suisse, Figment and six other crypto platforms to stake ether for their users. Thanks to Alluvial, ether owners are able to sell their cryptocurrency to users on competing platforms--increasing the pool of potential buyers. \
Like high-yield savings accounts that accrue interest, proof of stake blockchains like Ethereum encourage users to lock away their cryptocurrency for the sake of the network's security in exchange for more of the currency over time. It's a process called staking, but the caveat is that getting the ether back out can be a long and unpredictable process. Mara Schmeidt, 29, wants to solve this problem with her software company Alluvial. Alluvial works with clients like Coinbase, Bitcoin Suisse, Figment and six other crypto platforms to stake ether for their users. Thanks to Alluvial, ether owners are able to sell their cryptocurrency to users on competing platforms--increasing the pool of potential buyers. \
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_when-private-means-private.webp "THE PET RESCUE M. Comelli")
_what-this-year39s-ai-50-list-says-about-the-artificial-intelligence-industry-124-forbes.webp "By spring of 2023, the massive popularity of apps like ChatGPT had prompted a mass scramble among businesses trying to implement the latest advances in generative artificial intelligence. One year later, the craze continues. In turn, a new tech economy has emerged to help businesses develop and deploy AI-powered apps. That’s reflected by the makeup of Forbes’ sixth annual AI 50, produced in partnership with Sequoia and Meritech Capital, which recognizes the most promising privately-held artificial intelligence companies.<br/><br/>In this video, Forbes staff writer and list editor Kenrick Cai sits down with Sequoia Capital group partner and AI 50 data partner Konstantine Buhler to discuss the findings and emerging trends from this year's list. <br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/ai50<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
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