VX Technologies’ Justin Pauly talks sovereignty via blockchain on the CoinGeek Weekly Livestream
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On episode 14 of CoinGeek Weekly Livestream last season, host Kurt Wuckert Jr. joined by Justin Pauly of VX Technologies. Pauly believes in sovereignty through blockchain, and he spoke with Wuckert about a wide range of BSV-related topics, including the latest news from his company.
Introducing Pauly and VX Technologies
For those who don’t know, Pauly is the president of VX Technologies, a company focused on making the creation and verification of records easy using the BSV blockchain.
Pauly tells Wuckert that the company has a presence on three continents, with daily work ongoing on all of them. VX Technologies is completely focused on the utility of blockchain and using it to empower people. He says that when he pitches to potential clients, there is often resistance due to the industry’s bad reputation, but once he explains the nature of the immutable blockchain and how it’s cheaper and faster than alternative solutions, most people get it and come around.
Talking a bit about the processes VX Technologies uses, Pauly says the company spent 18 months settling into the regulatory environment. Since it deals with data, it uses the standards used to handle data in the medical industry, such as not having personally identifiable information, as a standard, making everything they do super secure.
Speaking of the main tool, VXPass, Pauly confirms that VX never stood for vaccines, as many believed. This was a misunderstanding during the pandemic; VX means “we verify for x,” he says, pointing out that any data can be verified the same way vaccine certificates could. It was simply an example of what the tool could do at the time.
MagicDapp and no coding tools for the blockchain
Pauly mentions MagicDaap, a tool designed to help people understand blockchain technology and how it can work for them by interacting with it themselves. He says a new product, AlphaDapp, will be revealed at the London Blockchain Conference. He says this is the “premium level” version and is on a different level. These tools are “no code” and make it extremely easy to build apps that interact with the blockchain.
What are the main differences between MagicDapp and AlphaDapp? They are pretty close to the same, but in AlphaDapp, the VX Technologies team works with you and offers services like helping to build apps. For this reason, Pauly says, if you’re a multinational client, you’re going to be an AlphaDapp client.
Ultimately, VX Technologies wants to make blockchain technology available to everyone, regardless of where or what data they are dealing with. Therefore, they have made the tools user-friendly and simple.
What does the ideal client of VX Technologies look like? Pauly says they don’t think of things as verticals, but rather problems to be solved. Transparency and data integrity are two main problems this technology can solve. For example, the company’s record keeping could be improved, and VX Technologies is currently doing some work related to police reports.
“Blockchain brings trust to a trustless world,” says Pauly, noting the enormous opportunity for transparency and accountability without disclosing personally identifiable information.
Pauly concludes by acknowledging the VX Technologies team. They make the magic happen, and he takes a few minutes to describe in detail what they each contribute.
Viewers’ Q&A
Questions. Does the tool allow users to sort through documents so that if they need to find something at a later time, it’s easy to search?
You can see which data sets you have published inside the application, answers Pauly.
Q. When you say no coding, what does that look like?
You take your datasets and drag and drop them to a date. There are also information fields for entering data.
“If you can talk to yourself, you can build an application on MagicDapp,” he says.
It’s literally drag and drop and couldn’t be easier.
Q. Can MagicDaap change the way we verify online schooling and degrees?
Pauly says it certainly can, and they’re working on it on three continents right now. For example, they work with some schools to get semester-by-semester records with the degree coming at the end. He points out that even if the school is not there in the future, the information lives on, thanks to the blockchain.
Q. Will VX Technologies help build the apps if users encounter issues?
“Absolutely,” says Pauly. Even if users build on MagicDapp without full support and cooperation, they can use Telegram, Twitter, etc, to contact the team. They are happy to help you with any problems.
See: Bitcoin Masterclasses with Craig Wright, Session 3 on Privacy Use Cases and How to Get It Right
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