{"id":472593,"date":"2022-07-10T16:07:29","date_gmt":"2022-07-10T13:07:29","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/6-questions-for-rene-reinsberg-of-celo\/"},"modified":"2022-07-10T16:07:29","modified_gmt":"2022-07-10T13:07:29","slug":"6-questions-for-rene-reinsberg-of-celo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/6-questions-for-rene-reinsberg-of-celo\/","title":{"rendered":"#6 Questions for Rene Reinsberg of Celo"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3dfc0616dc1\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3dfc0616dc1\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/6-questions-for-rene-reinsberg-of-celo\/#%E2%80%9C6_Questions_for_Rene_Reinsberg_of_Celo%E2%80%9D\" >&#8220;6 Questions for Rene Reinsberg of Celo&#8221;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/6-questions-for-rene-reinsberg-of-celo\/#1_What_is_the_main_hurdle_to_mass_adoption_of_blockchain_technology\" >1  What is the main hurdle to mass adoption of blockchain technology?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/6-questions-for-rene-reinsberg-of-celo\/#2_What_do_you_think_will_be_the_biggest_trend_in_blockchain_for_the_next_12_months\" >2  What do you think will be the biggest trend in blockchain for the next 12 months?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/6-questions-for-rene-reinsberg-of-celo\/#3_Whats_a_problem_you_think_blockchain_has_a_chance_to_solve_but_a_solution_hasnt_been_attempted_yet\" >3  Whats a problem you think blockchain has a chance to solve, but a solution hasnt been attempted yet?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/6-questions-for-rene-reinsberg-of-celo\/#4_What_would_you_like_to_see_tokenized_When_if_ever_would_you_expect_this_to_happen\" >4  What would you like to see tokenized? When, if ever would you expect this to happen?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/6-questions-for-rene-reinsberg-of-celo\/#5_What_has_been_the_toughest_challenge_youve_faced_in_our_industry_so_far\" >5  What has been the toughest challenge youve faced in our industry so far?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/6-questions-for-rene-reinsberg-of-celo\/#6_What_is_the_single_most_innovative_use-case_for_blockchain_youve_ever_seen_It_doesnt_have_to_be_the_one_likeliest_to_succeed\" >6  What is the single most innovative use-case for blockchain youve ever seen? It doesnt have to be the one likeliest to succeed!<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9C6_Questions_for_Rene_Reinsberg_of_Celo%E2%80%9D\"><\/span>&#8220;6 Questions for Rene Reinsberg of Celo&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/07\/Rene-Reinsberg.jpg\" class=\"type:primaryImage\"><\/p>\n<pre><code>                &lt;p style=\"text-align: center\"&gt;&lt;em&gt;We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry\u2026 and throw in a few random zingers to keep them on their toes!&lt;\/em&gt;&lt;\/p&gt;&lt;hr \/&gt;&lt;p&gt;\u00a0\n<\/code><\/pre>\n<p><b>This week, our <\/b><b>6 Questions go to Rene Reinsberg, a co-founder of Celo, an open platform that makes financial tools accessible to anyone with a mobile phone.<\/b><\/p>\n<p><b><\/b><\/p>\n<p><span style=\"font-weight: 400\">Rene Reinsberg is a co-founder of Celo and president of The Celo Foundation, a grant-giving organization supporting the carbon-negative Celo blockchain. He has been working at the intersection of finance, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and development for the past 15 years, including at Morgan Stanley, McKinsey, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a> Catalyst Partners, the World Bank and TechnoServe. His previous company, Locu, was acquired by GoDaddy where he served as vice president of Emerging Products post-acquisition.<\/span><\/p>\n<hr \/>\n<h4><span class=\"ez-toc-section\" id=\"1_What_is_the_main_hurdle_to_mass_adoption_of_blockchain_technology\"><\/span>1  What is the main hurdle to mass adoption of blockchain technology?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">For blockchain to achieve mainstream adoption, there must be a broader understanding of the technology, which requires better awareness and education for everyone from crypto novices to crypto natives and beyond. This responsibility falls largely on crypto to do the work when thinking about last-mile solutions and go-to market <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roaches.<\/span><\/p>\n<p><span style=\"font-weight: 400\">We can build a protocol, but were also responsible for explaining our infrastructure and championing inclusivity. By presenting onboarding as a solution, dedicating resources to developing a simple or fun gamified user experience, and building quality ramps between crypto and fiat currencies, we make the industry more approachable and easier to navigate. Accessibility, which has always informed Celos mobile-first approach, is also key. With 6 billion smartphone users globally, easily accessible, decentralized financial building blocks are necessary for building long-term, real-world adoption.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lastly, we should shift mainstream conversations around Web3 toward real-world applications and use cases that serve everyday people around the world. As Web3 can be used as a transformative tool to help uplift historically disenfranchised communities, such as the un- and under-banked, sharing how blockchain has benefited farmers in Kenya to at-risk environments like the Amazon rainforest will further illustrate its impact.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"2_What_do_you_think_will_be_the_biggest_trend_in_blockchain_for_the_next_12_months\"><\/span>2  What do you think will be the biggest trend in blockchain for the next 12 months?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">As early DeFi protocols mature, we are seeing a big push toward ReFi (regenerative finance) models, which align with the Celo Foundations values of recognizing individuals as unique and connected. Whereas classical economic models defined success by unfettered, exponential growth, they didnt consider the extractive nature of the industry, viewing our environment as an empty world with unlimited resources.<\/span><\/p>\n<p><span style=\"font-weight: 400\">ReFi, however, acknowledges that we live in a full world, to quote economist Herman Daly, with planetary boundaries, carrying capacities and tipping points. ReFi aims to course-correct this exploitation, better intertwining our economic and ecological systems. By using money as a tool to ascribe value to natural capital-backed assets, ReFi places a price on externalities, charging those who create negative externalities and rewarding those who create positive externalities.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Projects such as ReSource, a bankless infrastructure for circular trade and mutual credit networks that benefit small businesses, and Flow Carbon or Toucan Protocol, which are tokenizing carbon offsets, are indicative of these efforts, among other ReFi leaders within the Celo ecosystem.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"3_Whats_a_problem_you_think_blockchain_has_a_chance_to_solve_but_a_solution_hasnt_been_attempted_yet\"><\/span>3  Whats a problem you think blockchain has a chance to solve, but a solution hasnt been attempted yet?<span style=\"font-weight: 400\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Blockchain has the potential to help solve the worlds wicked problems, from environmental degradation to deep poverty. Combining blockchain technology with Web3s ability to accelerate action is what inspired the creation of both Celos Climate Collective and the Alliance for Prosperity, designed to raise awareness for issues impacting individuals and communities throughout the world. We invite founders and builders to align with our shared purpose, leveraging Web3s mass-coordination tools to tackle these mass-coordination problems.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"4_What_would_you_like_to_see_tokenized_When_if_ever_would_you_expect_this_to_happen\"><\/span>4  What would you like to see tokenized? When, if ever would you expect this to happen?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Bringing land and property on-chain would open up many interesting opportunities in creating use cases for DeFi beyond payments. Moss is a great example of restorative land-tokenization NFTs of the Amazon rainforest happening now, where one NFT represents one hectare of forest. Not only are owners bestowed with real estate rights, they are compelled to participate in the conservation process by digitally monitoring their biodiverse land via satellite.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"5_What_has_been_the_toughest_challenge_youve_faced_in_our_industry_so_far\"><\/span>5  What has been the toughest challenge youve faced in our industry so far?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">While market downturns, like the one were currently experiencing, come with significant challenges, they also present significant opportunities. Celo was built during a bear market, launching its mainnet on Earth Day 2020. Despite this, our community has continuously demonstrated its resilience and commitment to innovation. Navigating todays market conditions is no exception for Celos ecosystem partners. Theres a palpable, new energy and optimism that has surfaced around Buidling our way out and returning back to the core mission: creating prosperity for all.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"6_What_is_the_single_most_innovative_use-case_for_blockchain_youve_ever_seen_It_doesnt_have_to_be_the_one_likeliest_to_succeed\"><\/span>6  What is the single most innovative use-case for blockchain youve ever seen? It doesnt have to be the one likeliest to succeed!<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Jonathan Ledgards Interspecies Money proposes the establishment of the Bank of Other Species to issue a CBDC that disburses billions of dollars annually to nonhuman life-forms (or their digital twins) and correctly pricing natural capital, called L-Marks. This would help finance ecological conservation by paying local communities for services that improve species life outcomes. Since many of the poorest countries have the richest biodiversity, financial incentives for these countries to benefit their surrounding ecosystems can reduce extreme poverty while protecting the environment and its inhabitants. Ledgards proposal aligns with the primary principles of ReFi, highlighting the potential to solve the worlds cascading crises. <\/span><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/magazine\/2022\/07\/10\/6-questions-for-rene-reinsberg-of-celo\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;6 Questions for Rene Reinsberg of Celo&#8221; &lt;p style=&#8221;text-align: center&#8221;&gt;&lt;em&gt;We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry\u2026 and throw in a few random zingers to keep them on their toes!&lt;\/em&gt;&lt;\/p&gt;&lt;hr \/&gt;&lt;p&gt;\u00a0 This week, our 6 Questions go to Rene Reinsberg, a co-founder of Celo, an open platform&#8230;<\/p>\n","protected":false},"author":1,"featured_media":472594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/07\/Rene-Reinsberg.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-472593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/472593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=472593"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/472593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/472594"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=472593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=472593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=472593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}