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Olga Yaroshevsky has become a personality known in the global blockchain community for her media management and content work with NexChange Group and previously with Tokenbox project. Her interviews with widely respected figures in the blockchain world are renown and include talks with Roger Ver, Brock Pierce, John McAfee, and Dirk Ahlborn. Before joining the blockchain industry, Ms Yaroshevsky worked as journalist, interviewer, editor and reporter for TV channels in Moscow and Kiev, Ukraine, while contributing to a number of magazines and printed journals. In 2014 she moved to the United States, where she worked as an editor and writer for RT news website and pursued an academic career as a teacher of Russian language and literature for students of AU, Georgetown University, Russian Cultural Centre and post-graduates involved in the international Alfa Bank fellowship program. Ms Yaroshevsky graduated from the Journalism Department at the Russian State University for the Humanities. In 2010, she completed her PhD research in Russian literature (philology) and received a scientific degree.View the profile
A dialogue between watching expert, cesky has been involved, deeply in blockchain and Bitcoin world since 2015, and we've proved to be a fascinating discussion capital. Hello. Hello. Everyone is Africa blockchain with 2021 virtual Summit. I'm over here. She'll see how to find tents at this conference and exchange group. And I'm happy to be here today with Michael Ward founder. And CEO of GTA Capital company. Alongside a very interesting new project Access
Network actually occurred. Hi, Michael. How are you? Good. Thank you. Well, I think we are left to start with your introduction. Could you please introduce yourself and tell us more about, you were Journey. Blockchain, how you got involved into this industry in the first place? And why? Yeah, so, my name is Michael Gordon. I'm the co-founder and CEO, Judy a group of companies. I've been in blockchains for just about my entire career. I found out about Bitcoins at less than a
penny and in 2010 thought I was a scam. Then I saw the water article in 2012. That maybe take it seriously, maybe go down the rabbit hole, and a few months later. After some research. I decided as most exciting technology and history of the world. I want to tell anyone that will listen. So, I got first involved by starting the cryptocurrency, in the later, the fence at Club in the University. I didn't started back on Canada. And then when I graduated, I immersed, myself, Williams Dentistry. So you're a Pioneer kind of, right? I'm definitely an early
doctor here, and, and why I just fundamentally believe that it's a better way of doing business. Handling value of transactions globally. And is that at Provides a much better form of. Of infrastructure to do everything in the world including Finance, including supply chain, including governments. Sorry, so what is exit? Can you tell us for what is actually occurring? What is the digital currency behind that? And as far as I know, you've had a like a news coming out couple days ago about the launch of the whole financial inclusive ecosystem. So what is
actually I think there was more pleased. Gaston. Oxia is a project that we've been working very closely with the past three years. Now. I'm actually going to stealth for four years has been quite a long journey to, to get to Market has three primary components of the ox ecosystem. The first has occurred to you that supported by real-world assets, like real estate, Sovereign, bonds, like Commodities, but in theory, there could be could be arbitrary assets that are that are participating
in this. In this song, cool. After the second is a financial services because system that consists of a, the axial Capital Bank at the center is a, what is a bank that that has no balance regressed because actually is not lending at acetone accounts in the same way as traditional Banks, but that provides the center of axius financial services ecosystem, where there's checking or savings accounts. There's credit cards debit cards or mad and says, his client has been true. Capitalist private Equity really everything that you can do with traditional Fiat
currencies. You'll be able to do with the XE currency. And the third is a application because it's done with the Axia phone, Galaxy mobile phone at the center of, as well as hell. Mobile company. That is, it's got to be introduced. So in the Axia, phone ecosystem, there is a ecosystem of native applications, many of which are fully built out and start to look what you're already publicly available on the apple and Store, so there is the abstract app that slide which is similar to Whatsapp. There is the Xpress application which is similar to Twitter.
Ax connect Wichita. Looks like Facebook and there is the X symbol with shot which looks like a Hangouts App application and there's about 15 other applications that are not to be introduced to the market, in the next week's that provide basically the entire user interface that were used to on the traditional internet. But as part of the axi ecosystem, with the Axia, native currency as the default currency in all these applications. Interesting. So what is what is the blocks mean? That is
behind? This whole ecosystem. Is it at your? Are you using any existing existing Network or have you developed your own? Blockchain is a centralized decentralized where the the oxygen currency is on a public blockchain that is is as honorable as every public and then the asset pool is Is on a private bar trying to not be to not be tempered with for the for the actual last. A capitalization to go to Mark, Ataxia was and it is launched on ariam for Speed of issuance ability to listen to changes while. It's all about, that kind of thing.
But very soon, oxia is going to be introducing its own protocol. So that there will be a entire device ecosystem similar to what the theorems without using the XE currency as collateral for you, as well as for. So there will be a system of New currencies are new new tokens that are issued on Galaxy of lockpicking. Some leverage very fully built out of its application. Ecosystem that oxea has has already started to launch. Until I bring she actually a bank. That is, it's usable for retail and
leverage the significant asset capitalization and starting an ecosystem. So, this is basically something that both users like regular people can use along with the banks and institutions Enterprises, right? Yeah, so the whole model of Axia is is is actually asking me and value in the whole ecosystem was built to redistribute, value back to the community and its financial and application system. That is usable for the unbanked is usable form governments that have
that have created economically and governance update along Sovereign funds of of Nations. And the early adopters of the oxy Network. Where is with Facebook, if you were an early adopter of Facebook and you will bring millions of users to the Facebook Network. There is no way to share in the value of that your beard create a Facebook. I'll surae early investor, but the early investors were traditionally lost to a small Elite circle of Silicon Valley ER or New York City, investors. The people that creates the ecosystem of
axial will be incentivized with value in the form of Axew currency, which is usable to do that or anything that you use your Fiat currencies with. So, I'll see ya for Nations that that adopt axios sooner. They will directly Sharon and a top side as well as for individuals, that are either unbanked or that live in a country with a currency that is being hyper-inflated. Will not, I have access to trust and banking because as mention there's no problem. Tree dress galaxies is not landing at assets. On account. The same as
traditional Banks and oxia is backed courted by real-world Aztecs. So the value of each in your direction current. Pittsburgh value in a way that is not possible for fiat currency, especially fiat currency that has governments that are that are printing currencies non-stop like where things are. Okay, speaking of adoption, as far as I understand your aimed at specific, African countries ride in it and aimed at increasing and ensuring Financial included in Africa, which is, I have to stay the
hottest topics for a conference with, you know, generally on the whole African agenda. So how does Axia at Valley here and maybe there are already some, you know, some African countries governments users that you've been talking to or like, including them into your network already. Call Yasser. Certainly. There are already some really amazing conversation. We're having with some some African nation's but we are we are not sick. This is a courtesy for the world and I wouldn't say that there are specific.
I mean the countries that I think you're going to be fastest to add oxy oxy currency or countries that can Amber one move quickly. So they don't have a large bureaucratic decision-making number to have currencies that are being hyper-inflated. Number 3, have a percentage of the population that is still on Bank where banks are currently not servicing their. There are people that I think that it's it's likely that that a lot of for that an increasing number of
nation, to adopt the XE currency as a as a means of payment and their borders. Also, ask Jackson, Capital Bank is is regulated. Each. One of the Axia businesses is is set up in Different jurisdictions and of the oxy businesses that are set up, need to you to consider and make sure they're in their setup. Are there are they crypto friendly jurisdictions? Yeah, I think that all of the jurisdictions that I see how is the various axios, spokesperson up and need to be friendly to the
to the activities of the business. Okay, so we're from the user's perspective. So what does it what does a user? Let's say in African country has to have in order to be part of the network just a smartphone. Yeah, except for the internet set up a bank account USB. Ask your bank is as their digital bank, which has no balance sheet. Risks of their assets are safe. Actually. The bank is on the Block train. So it's not transparent back in history. Most banks are, are not on the, on the boxer and yet,
there's no transparency. Anything. The assets are also on the Block train. So the store of value of supporting. The XE currency is, is reviewable, is auditable in a real time. And you can actually see the the daily Market changes of the top of the pool of assets and a way that is more transparent than just about any that I'm aware of cool about sex ever. And yeah, from from the bank, they can use the actual Occurrence at. Making their gift cards for thousands of merchants. They can put it onto a debit or credit card and they can start to transact in the same way to
that. If you see a currency Go from retail perspectives. It sounds very exciting. As far as I understand because of Greeley eason's, all the processes, right? turn lamp on and on, from the government perspective, will it change to be partnering with governments and to use actually, in a way to create Financial Independence for countries, but also for individuals suffering, people that are born and specific countries will be looking to partner with governments to Grant a anoxia currency on the, they can't access until they are whatever age,
which ideally provides them with some A cold when they are of an age that they can be that they are looking to access a university, education, or textbooks, or whatever, for holders of deaths were looking to inside device individuals to be paying back more than the minimum. By granting them, a unit of Alaska, currency for her, paying back their own text as far as education were looking to To provide infrastructure and in an ecosystem for people that are not able to access education or that are not able to access food that need to work to get food
to Everyday. Burn something, from a cricket on that saw that they will be introducing else to be granted immunity vaccine currency for their completion of their education, which the goal is that the jobs of individuals can become learning can become education and that the result of their education will be real for the day. Well, it sounds like a massive inclusion project. Well, good luck with that. By the way, what's the current price of vaccine fun? Okay. Well, affordable. Okay. My last question would
be, I think. Where do you see risks and challenges for, you know, building a massive Financial including system and to overcome all those financial inclusion challenges for Africa in particular. I think that a big part of it is that to come to Market without a fully built that ecosystem without you knowing where you can use the XE currency and applications that you already use more applications that look like applications. You are to use. Like the billing out of the entire ecosystem. I would say was was the the biggest hurdle that I've took a very large
having a fully decentralized ecosystem. So many spokes also is Also has been has been a hurdle, but I think that I'm going to be in Box Springs now for 10 years and I'm very excited to say that this is the most significant digital asset ecosystem that has ever come to market in terms of capitalization. And it's fully built that technology and advanced are coming to Market. So I'm excited for the world. So are we? So, thank you so much Michael. That was very interesting. We will wish you good luck. Everyone come check out Axia digital currency.
Ask you a question, and then hold financially. Inclusive ecosystem. Thank you. Again. We are very excited about you building a new network and about Africa boxing record. Going forward, everyone. Thank you so much for your attention. Enjoy the rest of a virtual Summit a multi-year schefsky here with Michael Ward founder, CEO of GTA Capital company alongside and you ask Thea Financial inclusive Network. Thank you again. Does yoga?
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