🔈 Nina talks with Klay about his TradFi banking background and bringing institutions to the blockchain space, working for Mike Novogratz, key barriers to advancing institutional adoption, public vs. private blockchains, Stability Protocol as a tokenless & feeless concept, permissioned validators and Proof of Authority, consensus mechanisms, public distributed compute network (PDC), Web 3 community feedback vs. enterprise, the Blockchain Trilemma, industry customers, Singapore’s IMDA milestone, electronic bill of ladings by 2030, Stability revenue model, challenges and more…

Klay is a global finance professional with a 15-year journey through J.P. Morgan, Credit Suisse, and AGF, finally entering the blockchain space in 2016. In 2021, he was hired by Mike Novagratz at Galaxy Digital to lead the West Coast and onboard banks and institutions into digital assets. In 2023, Klay co-founded Stability Protocol, the world’s first feeless, tokenless public blockchain network with the goal of removing the key barriers preventing global adoption of blockchain technology. Outside of blockchain, Klay is a 2-time figure skating gold medallist and proud dad of 3.🔈

Highlights:

⚡️About Klay

⚡Institutional adoption & entry barriers

⚡️Stability Protocol

⚡️Tokenless & feeless model

⚡️Public Distributed Compute Network

⚡️Customer milestone: Singapore’s IMDA

⚡️Challenges, roadmap & more…

With You:

🎤 Nina Cerar, Blockchain Recorded Podcast (@ninacerar10) & Klay Nichol

Episode Links:

🔗 https://www.linkedin.com/in/klay-nichol-5b977318/

🔗 https://stabilityprotocol.com/

Disclaimer:

📄 We do not deal with financial or trading token elements nor offer any licensed financial services, such as investment or brokerage services, fund management, capital raising or investment advice. The content of this podcast is provided for information purposes only and is not to be used or considered as an investment recommendation or an offer or a solicitation to buy, sell or subscribe to any securities or other financial instruments.