We speak to Alastair Johnson, Founder and CEO of Nuggets. Nuggets is a consumer Blockchain product that helps users to login, pay and verify their identity using biometrics without the need for sharing their data and protecting their privacy.
Tune in to this episode to hear about:
- Alastair’s background and how Nuggets came about (how his credit card was used fraudulently)
- What are the problems that Nuggets is addressing – data privacy in login, payment and ID verification – and its application in e-commerce
- Customer journey and the points where there will be interaction with the Nuggets app
- How does Nuggets work from a merchant’s point of view
- Role of the token from the consumer’s and merchant’s perspective
- Tech stuff:
- Biometrics to capture the data
- Data Encryption
- Data storage in a private blockchain and using the public Ethereum Blockchain to power transactions
- Scalability issues (transactions per second) problem with Ethereum and how that may force Nuggets to move to another more scalable platform
- Why the data is stored on a private blockchain and why its not a point of concern
- How Nuggets will leverage some interoperability projects like Polkadot and Cosmos
- Nuggets’ go-to market strategy to drive adoption of use of Nuggets
- Competition
- Selected for the inaugural JD.com Blockchain accelerator based out of Beijng
- Leading the UK-China tech mission – https://medium.nuggets.life/nuggets-newsletter-week-11-were-leading-the-uk-china-tech-mission-plus-alpha-whitelist-news-7f2b181ea0f5
- Selected for the Access India Program – https://medium.nuggets.life/weve-been-selected-for-the-prestigious-access-india-programme-f3e250b78181