ReSolve Riffs with Brandon Caruana & Brian Tang on Blockchain 3.0 and Fractional Ownership for All
This is “ReSolve’s Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global*.
This week we were joined by Brandon Caruana and Brian Tang, cofounders of Cayman-based Cartan Group, a consulting firm that specializes in blockchain technology solutions. The two combine for a deep and broad knowledge base of the emerging digital asset space, which made for a fascinating and wide-ranging conversation that included topics such as:
- The full ‘crypto stack’ – core networks and their multiple layers
- Block sizes and transaction speeds – features or bugs?
- Proof of work vs proof of stake – validation methods and relative merits
- Energy costs, algorithm rules and security
- Trade-offs between different blockchains and layers – what problems are they trying to solve?
- Why base layers are always more secure than the stack
- Why Bitcoin is the asset-equivalent of a duck-billed platypus
- Asset-backed coins and varying collaterals for stable coins
We also discussed the attractive features of the Algorand protocol, Helium and ‘proof of space’, and the generational divide between living in the analog and digital realms. The conversation devolved into philosophical musings on Artificial Intelligence and techno-utopia (and at times dystopia), a future of abundance and the pursuit of passions and callings, which left us with the ultimate question: is AI going to eat, rule or serve the world?
Thank you for watching and listening. See you next week.
Brandon Caruana is an entrepreuer, software developer and amatuer philantropist. Formerly CTO of an offshore private bank, currently co-founder of Cartan Group LLC, a Cayman Islands based FinTech executive consulting company and Code(Cayman) a non-profit technology literacy company that provides free introductory programs with follow up support through sponsored massive open online courses.
His expertise has been recognized by governments and regulators and provides guidance, best practices and draft legislation in the virtual assets industry. He most recently developed a proprietary virtal asset custody solution and has been recognized as a driving force for corporate innovation.
CFA, Co-founder, CARTAN
Brian Tang is a CFA charter holder with experience in the investment management, family office, and private banking industries. Brian has directly supported senior management executives in the strategic decision-making process. At a private bank, he led several department-wide change management and efficiency improvement initiatives; provided business intelligence reporting and strategic recommendations that directly led to over $1M in increased revenue per annum; and consistently united business divisions for improved collaboration.
Most recently, Brian worked at a Cayman-based trust company and was the head of operations for their digital asset custody business. His duties included business development, ongoing digital asset risk reporting and analysis, and overseeing day-to-day operations.
*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.