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Blockchain, cryptocurrency and NFTs: breaking down the processes behind these hot topics

BY TETTLEMA – JUNE 3, 2021

As a monthly series of speaker spotlights, ASU’s Innov8  addresses new topics in the technology space that are imminently shaping the future. May’s installment was no different, as Adiraj Gupta, President of Impact Launchpad, shared his insights on blockchain and cryptocurrency for “Time Tokenization and Decentralized Finance.”

Gupta, who is also the CEO and co-founder of a stealth financial tech venture dedicated to solving problems faced by self-employed people in America, worked with attendees to create their own blockchain wallet and even gave them $100+ worth of "Awesome Adi Tokens" to fill their new digital wallets.

This interactive component came after Gupta’s presentation, which shared the background on the technology and the entrepreneur’s perspective on recent developments in blockchain. “I think the evolution of finance blockchain is speeding up transactions and blowing up the space pretty substantially,” Gupta said. “There was a lot of complexity to get involved and now, with the likes of TikTok and Instagram videos, people have made it so easy for an average Joe to download a wallet and get involved.”

Demonstrating that ease was central to Gupta’s Innov8 session. He addressed the sudden fascination with NFTs (non-fungible tokens) and broke down the circumstances that led to the abbreviation becoming a buzzword. Gupta transitioned into the establishment of his audience’s blockchain wallets with a demonstration of how operating the technology works. View the full recording of the installment — including Gupta’s demonstration — now!

Visit the Innov8 site to keep up with future events!

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