Bob Cefail's guest was Jay LaCour of Megarray and Megabiz . LaCour said his companies had explored conducting a blockchain-based ICO but after learning more about RAIDA, they plan to utilize RAIDA-based technology to tokenize.
“It’s basically blockchain 2.0," LaCour said, "The whole world is talking about blockchain as this worldwide disruptor, but its just not nearly as much of a disruptor as CloudCoin."
LaCour said current blockchain tokenization faces difficulties with adoption--the process is just too technical. He said RAIDA presents a much more efficient and seamless process.
Cefail said he's been in contract with an SEC-approved funding platform about integrating RAIDA technology, and that Megarray's next funding round is ready to go using RAIDA, not blockchain, as the basis for tokenization.
This would result, they said, in Megarray/Megabiz clients using the tokens themselves as an option to pay for the companies' services.
The breakthrough, Cefail said, comes when thousands of Megarray customers become familiar with the simplicity and ease of use of RAIDA-based tokens and seek similar solutions for their own businesses.
Cefail said the RAIDAtech company itself would explore options for tokenizing its own current investors and be using its own technology for future funding rounds. The advantage to investors is the creation of a viable secondary market for ownership units, both for RAIDAtech itself and thousands of other companies. These secondary market would challenge conventional stock markets, commodity exchanges and currency exchanges by being faster, trustless, more efficient and more secure.