#38 Untangling: Smart Legal Contracts with Richard Baker

In this episode of the Untangling Web3 podcast, hosts Jack and Alec welcome Richard Baker, founder and CEO of Tokenovate, who shares his journey from working in telecommunications and digital media to founding a financial services company.

Richard discusses the evolution of blockchain technology and its applications in traditional finance, particularly in derivative trading and the role of digital assets and tokenization. He emphasizes the importance of foundational protocols for commerce and value exchange systems.

The conversation explores the complexities of the derivatives market, regulatory challenges, and the potential for blockchain to streamline processes and enhance transparency. Richard also touches on the broader implications of Web3 technology for identity management, carbon credit markets, and the intersection of IoT and smart cities.

The episode concludes with Richard's views on the recent Bitcoin ETF approvals and his vision for a value exchange internet facilitated by Web3 technologies.

Untangling Web3 is brought to you by hosts Jack Davies and Alec Burns, with music by Daniel Paigge. Got a question or topic suggestion? Send us an email at [email protected].

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The views we express here are our own, and do not represent the views of our employers. Nothing discussed or stated in the show should be considered advice.