Scaling Ambition By Entrepreneur First
#18 Tom Pocock of CreditMint on Decentralising Corporate Lending and the Death of Utility Tokens
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:27:59
- More information
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Synopsis
Tom Pocock is the Co-Founder of Credit Mint, a company that’s decentralising corporate lending by using a public blockchain as the shared ledger for corporate debt. The corporate debt industry is migrating from a bank-led model towards smaller lenders. But these new-wave lenders are tied to constant cycles of reconciliation, and trading is slow and expensive. On top of this, companies lose track of their creditors and the market is structurally illiquid. That’s where CreditMint comes in - they fix these problems by using a public blockchain as the shared ledger for corporate debt. They provide a dealmaking platform; a trading layer; and a settlements facility, all communicating with one digital asset on Ethereum. Tom met his co founder Zac before they joined EF and since founding the company, another 2 ex-EFers have joined the Team – Joe Andrews and Arnaud Schenk – making CreditMint a perfect example of the magic of the EF mafia. Tom studied Mathematics at undergraduate and postgraduate level at Cambridge b