Tell me a little about yourself
For the first 4 years of my small career, I’ve worked for big companies like Sagem and Thales. Around 2014, the bitcoin topic became quite popular. I made a lot of research on that topic and it seemed really interesting to me. I appreciate this technology and I felt like it was an opportunity to spend all my available time on this. So, I quit my job as an IT manager to start my project related to bitcoin and therefore blockchain. For me, bitcoin and blockchain are the same. You cannot have one without the other.
How blockchain inspired Utocat?
I am a huge technology fan and I feel more comfortable around complex IT systems, something that blockchain can provide me because it is deeply complex. That inspired me to start my own company, UTOCAT, rather than working for a company that is already providing bitcoin solutions to the public. The idea of creating my own company was already in my mind since 2009 but at that time I didn’t have neither the funds nor the momentum due to the global financial crisis. I postponed my decision and 2014 felt like the best time to launch UTOCAT.
Was it a good decision?
To quit my steady, nice and well-paid job to begin a startup? (laughs) Yes, it was. I don’t regret it. I wouldn’t learn all those lessons if I was still working for someone else.
What is one of the biggest lessons you learned?
The more complex your product, the harder it is to sell it (considering technology). Because your potential customers are less capable to understand in what way it will help them.
Why is it so important?
In my opinion, the blockchain technology will be the new internet. Meaning that it is as important as internet was at the beginning, back in the 90’s. So far not many people understand the impact this technology can have in their lives. I believe it will change our lives in a broader way as we will be more confident to do global transactions.
If you are in a small village and you want to improve the way you do transactions with your neighbors, then blockchain might not help you. A piece of paper will do a better job. But if for example you are working with Chinese businessmen and you want to build trust and have a standard way of exchanging information, blockchain will help you in more than one way. Any transaction made or certified by this network can’t be changed, can’t be removed and the information within it will be available forever. That way, we will be more comfortable doing any kind of transaction with any country and any individual in the world.
How did this event help you and in what way do you think it will help potential attendees?
During the Phoenix FinTech Conference, I had the opportunity to explain what blockchain is and what exactly this technology can do. It was also a great chance to get feedback from other attendees that helped me estimate the level of understanding the public has when it comes to blockchain, especially in the CEE region as things in France are completely different. Furthermore, having access to all speakers and listening closely to their suggestions and views on my company, made me realize the market’s needs.
What are your expectations for next year’s event?
I was glad to exchange and propose opportunities I think it is a good first step. I am really satisfied and next time I will probably expose my company more so that people can interact with my products in order to get to know blockchainiz.io better.