Web3 Magic - interviews with builders of novel blockchain solutions
Web3 is going to eat software! I talk with minds behind truly innovative projects using blockchain technology to solve real-world problems so you can be ahead of the curve with your knowledge or business. Discover future Amazons, Googles, and AirBnBs of the world through the exciting personal journeys of their creators!
I’ve been building and helping tech businesses since 2001. I know firsthand how important it is to constantly learn about what’s happening on the edges. How is your industry going to change and adapt to new technology? You cannot afford to ignore blockchains, AI, and LLMs, nor combinations of these. Discover new Web3 projects in areas like decentralized travel, messaging, communication, privacy, social networks, finance, and more.
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Web3 Magic - interviews with builders of novel blockchain solutions
Oren from SphereX - AI supported, decentralized and proactive protection as the next crypto security frontier
Summary
In this episode, we discuss with Oren Fine, co-founder of SphereX, the importance of security in the crypto space and how SphereX is on a mission to bring proactive protection to protocols and smart contracts.
Oren shares his background in cybersecurity and how he became interested in Web3 and also explains how Spheerex protects protocols by blocking malicious transactions in real-time before they're executed. This is big difference from ex-post reporting of hacks and lost funds.
We talk about the challenges of the market education. Most projects these days equate security with security audit or transaction monitoring. We touch on the future of SphereX in 2024, what dream clients would Oren love to get for SphereX and Oren also provides guidance for users on choosing trustworthy protocols.
I really enjoyed this chat, and I believe what the SphereX team is trying to do is a very much-needed step up for the security in our Web3 space.
Takeaways
- Security is a crucial aspect of the crypto space, and SphereX aims to provide real-time protection for protocols and applications.
- SphereX blocks malicious transactions before they are finalized, ensuring security of funds in decentralized ecosystems.
- The main challenges for SphereX are market education and onboarding more customers, including DeFi protocols and layer one and layer two chains.
- Users should look for reputable teams behind projects and ensure they see decentralization and continuity plans in the protocols they interact with.
- Oren's dream clients for SphereX include major DeFi protocols like Uniswap and Aave. I keep my fingers crossed for the team to get these clients onboard in 2024!
Links To My Guest
- SphereX website: https://www.spherex.xyz/
- SphereX's Twitter (X): https://twitter.com/SpherexTech
- Oren's Twitter (X): https://twitter.com/fineoren
- SphereX's LinkedIn profile - https://www.linkedin.com/company/spherex-technologies/
Go check them out!
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