Earlier quoted context omitted.
> No digital technology can solve epistemology and tell you what is true Exactly. So what is the point? Why is this better than GitHub?
I think a lot of companies, when talking about blockchain technology, really mean a merkle tree - distributed or not, with proof of stake/work or not. The whole point being to cryptographically prove things like chain of custody, who is asserting what facts etc. The benefit to such tools is transparency, which helps in low-trust environments. I'm pretty sceptical of blockchain applications in general because it becam…
Launch YC S21: Meet the Batch, Thread #8
151–160 of 163 posts
Re: Launch YC S21: Meet the Batch, Thread #8
#152Earlier quoted context omitted.
What is the purpose of putting the documents "in the blockchain"? If customers trust you, why not just build a normal database and put it there?
Customers put trust in us to run the front end, but the verification layer of the blockchain is still maintained by a distributed consensus and we won't be able to tamper withthat. So there is still a small amount of trust with DigiBuild, but much less than any normal database....If DigiBuild died tomorrow, customers would lose the front end functionality but still have the previous data and protections around that d…
Re: Launch YC S21: Meet the Batch, Thread #8
#153Hi HN. My name is Mustafa Al-Adhami. I am the founder and CEO of Astek Diagnositcs Inc. ( https://astekdx.com ). We have a platform to determine antibiotic sensitivity in one hour. Every year, 1.7 million Americans are evaluated for sepsis - and too many die while waiting days for the correct antibiotic. Imagine a one-day-old baby having to wait twice as long as they have been alive to receive accurate treatment. Or…
Re: Launch YC S21: Meet the Batch, Thread #8
#154Hi HN, we're Ravi and Pratik of Enerjazz ( https://www.enerjazz.tech/ ). We make battery swapping stations (like gasoline stations) for electric vehicles, swapping discharged batteries with charged batteries in 2 minutes for light commercial EVs. Commercial EVs or electric rickshaws have 2 pain points. One high upfront cost of battery (can be up to 50% of the total cost of vehicle). Two, high charging downtime result…
i'm from pakistan, doing a phd in germany, back in pakistan we don't even have e-rickshaws. but godspeed to our indian brethren.
Re: Launch YC S21: Meet the Batch, Thread #8
#155Hi HN. My name is Mustafa Al-Adhami. I am the founder and CEO of Astek Diagnositcs Inc. ( https://astekdx.com ). We have a platform to determine antibiotic sensitivity in one hour. Every year, 1.7 million Americans are evaluated for sepsis - and too many die while waiting days for the correct antibiotic. Imagine a one-day-old baby having to wait twice as long as they have been alive to receive accurate treatment. Or…
What a neat story ! Congratulations and all the best Are you hiring ? :)
Re: Launch YC S21: Meet the Batch, Thread #8
#156Earlier quoted context omitted.
Me and my current co-founder did face this issues or atleast were discussing about this issues. It is a big problem. Also, problem is india is just simply incorporating a company. It becomes even more difficult when both the founders do not live in India. Relevant problem, huge market. Good luck! We will probably be a customer if you guys execute well. One of the things that I love about brex and if you could replica…
why do you want to incorporate in india?does your product has some regulatory requirement?(fintech/govt. sector) otherwise you can sell your products/services in india from whereever it is easier for you to incorporate or i am missing something?
Re: Launch YC S21: Meet the Batch, Thread #8
#157Earlier quoted context omitted.
Assigning Roles is not so hard, as there are so many hats to wear when you are a founder - Operations, Sales, Account Management, Product, Lead Generation, Tech, and Investor relations. Since we are six guys, we bring multiple ideas on the table, and sometimes it is hard to choose the right one for the company. Like every company, we manage conflicts. I think we would see more than two cofounders in Indian companies,…
Congrats Amit and Team on launch. I think vision is good. Are you repeat founders? Since you have 6 founders from different countries, do you think this may cause conflict in future while scaling? What are your thoughts? Are you guys located in US/India and China?
3 founders are from India, and 3 are from China. It is not easy to launch a fintech product in China, but we would be able to overcome that since half the team is in China.
Re: Launch YC S21: Meet the Batch, Thread #8
#158Earlier quoted context omitted.
We will get into electric scooters soon. Focussed on commercial delivery scooter (like for Zomato and swiggy) initially.
So are you able to reduce the cost of a lithium battery by 50% or not? And if so, why are you not just licensing the technology to Tesla?
Re: Launch YC S21: Meet the Batch, Thread #8
#159Hi HN, we're Ravi and Pratik of Enerjazz ( https://www.enerjazz.tech/ ). We make battery swapping stations (like gasoline stations) for electric vehicles, swapping discharged batteries with charged batteries in 2 minutes for light commercial EVs. Commercial EVs or electric rickshaws have 2 pain points. One high upfront cost of battery (can be up to 50% of the total cost of vehicle). Two, high charging downtime result…
super amazing! as they say in south asia, mashallah! i'm from pakistan, doing a phd in germany, back in pakistan we don't even have e-rickshaws. but godspeed to our indian brethren.
Re: Launch YC S21: Meet the Batch, Thread #8
#160Hi, we’re Rob, April and Ivan, cofounders of DigiBuild ( https://digibuild.com/ ). We build construction software powered by blockchain. Our tools help large companies, like VCC Construction, improve the schedule and budget on projects and save over a million dollars annually. I grew up in construction with my dad and saw first hand the issues companies face everyday. The building process involves 50-100 stakeholders…
-Tim from UIC