#3 - Web3 Integrations: Farooq Malik CEO of Rain I The Decentralized Podcast by Petri Basson In our talk with Farooq Malik, we explored his background in large companies, the ups and downs of the crypto world, and how he started his own company. Farooq shares how working at big companies before starting his own helped to set him up for success. Rain, helps other businesses in the crypto space. They saw that many companies struggle with getting their money and dealing with rules and regulations. Rain created a credit card system to help them get access their funds in a secure manner using credit cards. Farooq is excited about stablecoins, which he thinks will change how money works. Rain isn't just solving problems now. They're also setting the stage for the future, making it easier for different parts of finance to work together. Chapters: 01:44 Lessons learned from working at large companies. 04:54 The Parallel between traditional companies and DAOs and what lessons can be learned. 16:47 Some of the challenges in the crypto industry with product experience 21:28 We have some audio feedback here if you can try and edit it out, please. 24:31 How Rain was started. 29:03 How hard was it to build the Rian solution 32:41 What are the benefits of going through an accelerator program for crypto companies 34:32 Solving the custody problem with Rain 35:17 How hard was it to get Visa comfortable with the Crypto industry 36:51 The real use cases for Rain 39:44 The challenge with regulation 49:44 Exciting things in the future