Nanalyze April 9, 2020
Using blockchain technology to create efficiencies in large industries could reap billion-dollar rewards for driven founders. For example, we recently met with a startup called Othera that is using blockchain to transform the residential mortgage industry. They’ve partnered with a co-op that represents over 150 mortgage originators that generate in excess of $230 billion in mortgages per year. The founders are experienced entrepreneurs who are obsessed with nailing the product-market-fit. It’s a great example of a blockchain technology use case with real potential.
Last time we checked in, blockchain technology seemed to belong to broad industry consortiums obsessed with getting some standards in place. “Thought leaders” like IBM claim to be using blockchain as a way to create efficiencies and...