Ali Ayyash is a co-founder of Bee Token, a San Francisco based startup that is reinventing the home sharing economy. Ali has spent time working for Amazon and Google in the centralized software world but is now developing decentralized applications on the blockchain. Listen to Episode 21 as we dig deep and discuss blockchain technology, Etherium, tokens and key aspects of decentralized apps such as payments, arbitration and trust. “It’s everybody’s cloud” – Ali on Blockchain technology
@beetokencare
03:40s Building the Bee Token and preparing for token sale
05:14s Background on blockchain, Bitcoin and Etherium
07:16s Ether coin as a gas, mining, and Etherium blockchain
08:20s Crypto-economics – providing incentives to properly maintain blockchain apps
09:10s The Bee token and ERC-20 coins and crowd sale
11:58s Blockchain is a concept and competitive blockchains
14:26s Centralized vs decentralized sharing economy – what value decentralization brings
18:08s Why decentralization can provide more trust by trustless mathematical formulas
21:56s Benefits or decentralization – security, aligning incentives and lower costs
23:52s What is “gas” and how gas prices are set for Etherium apps
25:55s Decentralized short term rentals
28:15s 3 keys for short term rentals – payments, reputation, and arbitration
31:30s Building protocols for payments, reputation and arbitration for all dapps
33:45s Ali’s background in working for centralized companies Amazon and Google
36:25s Getting into writing smart contracts and realizing commerce and technology are merging
40:28s Benefit of Bee token for short term rental hosts
42:14s Cryptocurrency market exists – Bee token is first to address it for short term rentals
44:55s Being a founder of a new token company and why
51:20s The unsettling feeling of working in a “greenfield” technology space
54:24s Meetups, white papers and attending conferences as a source of reinvention
“To me, when I first heard of blockchain earlier last year, it was like oh this is a familiar concept because it’s the cloud, but it’s everybody’s cloud.”
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