Why I Chose Kadena - Annelise Osborne

Having worked in the blockchain space since 2018 and having spent the better part of a year researching institutional pathways for my book From Hoodies to Suits, I have been focused on the best road to adoption in capital markets. Institutions, regulators, and service providers are as well, so we are in this evolution together.

Past experience includes developing and structuring digital asset securities and proof of concepts around tokenization of funds, debt, and equity and working to bridge the knowledge gap between technologists and bankers. I believe the best place for me to add value in this marathon is by bringing a best-in-class technology created specifically for regulated securities to the eyes of finance. And, I found Kadena.

Kadena is a layer 1 Proof of Work (PoW) blockchain that offers a secure, scalable, and programmable platform that other chains don’t. Bitcoin’s PoW network was built as a secure offering to move payments. Ethereum launched and offered technology allowing for scalability and programmable tokens or securities. Kadena offers the security of Bitcoin and the scalability of Ethereum as well as being programmable, low fee, and fast with lower energy consumption per transaction.

The founders, Will Martino and Stuart Popejoy, independently worked at the SEC and Apple before meeting at JP Morgan. Their goal was to create an efficient and scalable settlement network. Using this Chainweb blockchain they created parallel chains to maximize throughput. They recognized the security in that PoW consensus offered without the centralized control and possible monetary influence in validation that Proof of Stake (PoS) has. Recently, the SEC has been vocal with concerns about PoS crypto since it offers a “reasonable expectation of profits” which deems the coin and gas mechanism a possible security. Kadena, as a PoW consensus similar to Bitcoin, offers a more institutional-oriented blockchain option.

Blockchain technology has proven to work in a regulated world by the world's largest asset managers. Wealth and demands are shifting and this technology can bring us into the next chapter of financial innovation. Think of when a basic calculator took over for the abacus - and while I hope you don’t remember as it was before my time too, I think you get the point. Technology brings efficiencies and though change is tough, it is the right thing to do.

At Kadena, the team is solid and the tech is solid. Now, I get to help build the business for capital markets. I’m excited. As they say, LFG.