How Companies Can Decentralize, Transacting Across Borders, and The Differences Between TradFi, CeFi and DeFi with Blockchain Association’s Sarah Milby

Sarah Milby, now a Senior Policy Manager at Blockchain Association, began her Web3 journey when she saw the need to transact across borders. Sarah shares a personal story about how she realized friends and family members across the world were facing countless obstacles to support each other financially. So, she dove into crypto research and has begun doing everything she can to make a change. Sarah’s work focuses on security and the risks of centralized vs. decentralized exchanges. She says decentralization exists on a spectrum, and it isn’t black and white: Companies can have elements of both, and their level of decentralization can shift as the company evolves.

 

Sarah talks about how she learned the lingo of the crypto world, and advises to take the time to learn as much as possible and have a solid understanding of two big ideas: How the blockchain works, and what decentralization is and why it matters. 

 

She also discusses:

• How there’s so much coming in the future of Web3 that we haven’t even predicted yet
• The difference between Traditional Finance (TradFi) big banks that don't use blockchain technology, and Centralized Finance (CeFi), centralized entities in the crypto space, and how they function in our society  
• And how it takes patience and community to learn the difficult parts of the Web3 world.

 

Follow Sarah and her journey: 

Twitter: @sarahamilby
Blockchain Association: https://theblockchainassociation.org/

Blockchain Association on Twitter: @BlockchainAssn

 

The Women in Web3 Podcast shares the origin stories of women-led Web3 projects - Everything from NFTs to cryptocurrency, blockchain, the metaverse and more. We explain what they are - and how you can get involved. Hosted by Carly Long and sponsored by Weld Recruiting.

 

 

Subscribe to the Women in Web3 weekly newsletter here: https://womeninweb3.substack.com/

 

 

Follow Carly on LinkedIn here: https://www.linkedin.com/in/by-carly-long/

 

 

Weld Recruiting believes that blockchain matters for your business. Weld Recruiting opened their division of crypto recruiters in 2020, and has been specializing in blockchain recruitment and emerging technology ever since. Learn more at WeldRecruiting.com.