“I think the blockchain is creating new opportunities for people who are open-minded and global. For example, Korea has been facing unemployment issues as the society is growing slowly and big enterprises slow down the recruiting. However, new emerging projects within the blockchain industry created many global job opportunities. For example, I know so many blockchain projects that want to get into the Korean market and are looking for local human talents. So that said, I have been organizing blockchain career advising sessions with top Korean universities to share these new opportunities and have been giving career advises to students and new comers.”
I had the pleasure to interview Sinhae Lee. Sinhae is a Stanford MBA graduate, who started her career in Silicon Valley, where she later discovered blockchain through her connections and partnerships. She is one of the founding partners at GBIC — a blockchain and cryptocurrency fund, and Block72 — a comprehensive blockchain consulting firm.
Thanks for inviting me to share my stories 🙂 Graduating from Stanford MBA in 2014, I joined a fintech (payment) startup called Coin, Inc in Silicon Valley and naturally got exposed to conversations about Bitcoin as a payment solution. At that time, I couldn’t even imagine that I would be doing blockchain investment as my career. After Coin, Inc got acquired by FitBit, I worked for another FinTech start-up in SF called NerdWallet and soon realized that I wanted to move to an investment career. In 2017, I was about to join a traditional VC in San Francisco but one day I read an article explaining how ICOs were becoming a new way of fund-raising and it drew my attention. After learning more about the blockchain technology and the industry overall, I became very passionate about the possibilities that blockchain tech brings to the world, so I decided to do blockchain/crypto investing rather than joining a traditional VC.
Aergo! GBIC has been incubating this project, and I have been working with them very closely as an advisor. Aergo is a 4th-generation “enterprise ready” blockchain protocol combined with a state of the art development platform. The genesis of Aergo’s core blockchain technology was developed with the assistance of Blocko. Not many people may have heard of Blocko, but it is a very impressive blockchain company. It has 78% market share in supplying enterprise blockchain solutions in Korea and already has 21 paying clients which are big enterprises including Samsung, Hyundai, ShinHan financial group, etc. It is currently reaching over 9M live end users!
With scalability and other issues being constantly addressed with Blockchain 3.0 projects, our next big obstacle is figuring out how the blockchain technology is going to adopt mainstream users and enterprises. From my perspective, that’s the future and next generation of Blockchain, Blockchain 4.0. And I believe that Aergo team has the biggest potential to bring blockchain technology closer to the real-world and make real business impact.
I want to express my appreciation to my friend, Alex Shin, Partner at Hashed (Top crypto fund in Korea). He is the person who convinced me that I would be a great fit to the blockchain/ crypto industry. I am Korean native with working and studying experiences in both China and the U.S. I have been always longing to connect my three dots — Korea, China, and the U.S., and these three countries happen to be the most important markets for the crypto/blockchain world.
Alex and I were neighbors in SF and used to catch up regularly over coffee to give career and life (?!) advices to each other. When Alex first tried to convince me to come to the industry, I told myself that I should be careful as he is very good at selling (and at that time I was thinking to join a traditional VC). He continued to introduce me to other key people in the industry and showed me how the industry operates from within. Once I put my toes in to the industry, I could tell that this is the industry where I can realize my long-term career goals — working with smart interesting, and unique people for new technology which has potential to touch everyone’s life as well as put a bridge between my three dots — Korea, China, and US.
I think the blockchain is creating new opportunities for people who are open-minded and global. For example, Korea has been facing unemployment issues as the society is growing slowly and big enterprises slow down the recruiting. However, new emerging projects within the blockchain industry created many global job opportunities. For example, I know so many blockchain projects that want to get into the Korean market and are looking for local human talents. So that said, I have been organizing blockchain career advising sessions with top Korean universities to share these new opportunities and have been giving career advises to students and new comers.
Kersti Kaljulaid, the president of the Republic of Estonia. Estonia, a country of about 1.3 million people, has developed a reputation over the past decade as Europe’s digital leader and is testing the use of blockchain in the real world. It is impressive how the government is adopting the new technology and making a stronger effort to educate citizens about the digital safety and use cases. I want to meet her to learn about her visions of the blockchain technology and lessons learned from the execution of it. Also, how great it would be to invite her to talk to leaders of many countries including Korea, China, and US to share Estonia’s story. Plus, she is the first woman and youngest person ever to hold this position. I am always excited to meet more women leaders 🙂
Originally published at medium.com