Standard Protocol CTO On Creating a Stablecoin in a Multi-Chain Environment

In partnership with BitcoinKE, a one-stop destination for all things Bitcoin, cryptocurrencies, and Blockchain in Kenya and Africa, we caught up with Hyungsuk Kang, the Co-Founder and Chief Technology Officer (CTO) at Standard Protocol to discuss the project and its ongoing developments.

Standard Protocol is the first First Hybrid Algorithmic Stablecoin Model.

In this discussion, we talk:

• The inspiration behind the project
• Previous experience working with Polkadot
• Why DeFi is so attractive – Exciting developments within the DeFi space
• Integration with Polkadot and Kusama parachain
• Upcoming developments in Standard Protocol
• Collaborations with gaming projects in the blockchain space
• Lessons for entrepreneurs in new technology business
• Potential use cases for Standard Protocol across emerging markets like Africa