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Quant chief: ‘Bring on the boring blockchain use case’

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City AM

By Crypto AM: Industry Voices by Gilbert Verdian, founder and CEO, Quant The trial of Sam Bankman-Fried was not just about an individual’s actions but rather an emblematic moment in the evolution of the decentralised finance (DeFi) space. It signifies the decline of the ‘crypto bro’ persona, a much-needed societal shunning that should usher in a shift towards more pragmatic, regulated, and purposeful applications of blockchain technology. Bankman-Fried’s trial spotlighted not just the allegations of fraud and malpractice that characterised the worst side of crypto hysteria, but also the ‘know-…

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