Scaling Ethereum Could be the Answer for CBDCs and Web3 Ecosystem

Scaling Ethereum Could be the Answer for CBDCs and Web3 Ecosystem

When you are a content aggregator and you want to enable crypto payments for creators located all around the world, what do you do? Build a brand new layer-2 blockchain of course! Well probably not most of us, but that’s exactly what the team at Nahmii has undertaken.  

In this episode, Ian Andrews (Chief Marketing Officer, Chainalysis) is joined by Jacobo Toll-Messia (CEO, Nahmii) to understand what makes Nahmii so useful and what’s new in the just released 3.0 version of the technology. 

Interestingly some of the first customers for the Nahmii platform are central banks looking to launch CBDCs. The platform is particularly well suited to governments and financial institutions who want to implement permissioned blockchain technology.

Minute-by-minute episode breakdown
(2:20) – The origins of Nahmii, a content aggregate company built before the Bitcoin blockchain 
(9:25) – The thought process on building a revolutionary layer-2 solution on Ethereum 
(15:18) – The finality of transactions was a main driver behind the design of the Nahmii protocol
(17:00) – The evolution from Nahmii 1.0 to Nahmii 2.0 led to Nahmii 3.0 in Testnet phase
(20:55) – Integrating web3 solutions with financial institutions that require KYC and AML 
(25 :40) – The launch of SkunkDAO and onboarding web2 companies into web3
(29:01) - A better understanding of CBDCs and why countries are looking to take part in the digital asset revolution 
(33:00) - Weighing decentralization with AML and KYC requirements for crypto 

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

• Website: Nahmii is a revolutionary layer-2 scaling solution for Ethereum
• Blog: Norges Bank CBDC Sandbox Code Now Public
• Blog: Russian Cybercriminals Drive Significant Ransomware and Cryptocurrency-based Money Laundering Activity
• Blog: U.S. Authorities Move Against High-Risk Exchange Bitzlato for Providing Money Laundering Services to Ransomware Attackers and Other Russia-based Criminals
• Conference: Chainalysis Links Conference 2023 in New York City
• Twitter: Chainalysis Twitter: Building trust in blockchains
• TikTok: Newly launched Chainalysis TikTok page
• YouTube: Chainalysis YouTube page is completely revamped

Speakers on today’s episode

• Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) 
• Jacobo Toll-Messia (CEO, Nahmii)

This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.

Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.

Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. 

Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.