Karim Chaib Podcast Transcript
Karim Chaib joins host Brian Thomas on The Digital Executive Podcast.
Welcome to Coruzant Technologies, Home of The Digital Executive podcast.
Brian Thomas: Welcome to The Digital Executive. Today’s guest is Karim Chaib. Karim Chaib, Founder of Web3Intelligence.com and the architect behind the groundbreaking super app, Dopamine, is a serial entrepreneur and pivotal figure in shaping ETF and the digital asset infrastructure components of major banks, such as UBS, BBVA, Signum, and the world leader core banking system, Avalog.
His expertise extends to pioneering the integration of open banking and artificial intelligence technologies in collaboration with IBM. Under Karim’s leadership, Web3Intelligence. com has emerged as a premier Web3 platform, offering an intuitive app that not only caters to everyday consumers, but also engages children through gamified learning of seed phases.
The platform also powers Dopamine.tv, and their innovative Dope Token serves as a licensing model. Setting a global standard in AML and driving Web3 innovation across various businesses. Karim’s notable contributions include leading teams of world-renowned cryptographers such as Gennaro, Goldfeder, Pallier, Gubin, and DeFi guru Andrew Kanj, further cementing his status as a visionary in the field.
Well, good afternoon, Karim. Welcome to the show!
Karim Chaib: Hey, Brian. Thank you for having me!
Brian Thomas: Absolutely. Appreciate you jumping on, making the time. We’re going to jump into an amazing story with you, Karim, so we can get your story out to our global audience. Karim, can you share your journey from working on ETF and digital asset infrastructures at major banks to founding web3intelligence.com and what motivated this transition?
Karim Chaib: Yeah, sure. That’s an amazing question. Bringing back, back in time. So as a, as a French engineer working like in, in innovation since the beginning and finalizing my study in AI, I started coding like very, very early, like with six years old. And I’ve been always passionate about new technology and computer science, and I’ve been helping like Microsoft IBM and also several banks to build their financial infrastructure and it’s really 2013 when I started to deep dive into the cryptographic infrastructure that I realized that they were like massive gain for the new finance and.
I’ve put in place ETF infrastructure. I mean, ETF are really trendy right now. Like you heard about BlackRock that’s and several others that launched their Bitcoin ETF. So same infrastructure or traditional finance and at the world core banking system, I was very lucky enough to, to get the chance to put in place artificial intelligence and also support for digital assets.
And while building this full infrastructure, I saw some pain points on the market. Which are related to basic needs in terms of infrastructure for businesses, but also to having engaging user application on mobile. So, we created Web3intelligence. com, which is a platform that. Powers full on infrastructure for businesses, but also super apps for everybody, which is which are listening to us and combine web free technology for digital assets and artificial intelligence, where we actually get all the data from all the blockchain in real time and are able to bring like some crazy insights from what is happening on the chains.
Brian Thomas: Thank you. Love that story. Early on in tech and moving into that fintech banking, finance space. And then you obviously saw a need there and jumped in. And I really appreciate the story on that. And Karim. What were the key challenges and breakthroughs?
Karim Chaib: Breakthroughs in developing dopamine. So, let’s start with a breakthrough. So, the breakthroughs that we did achieve we are quite proud of it. It’s our battle tested infrastructure. We are serving 3. 7 million users worldwide in real time which is quite large and makes it like a really important infrastructure on the Web3 ecosystem our AI and data science algorithms that are like able to provide Insight for traders and wealth manager and hedge fund and market makers which are really, really amazing.
And, and finally, I would say the world standard in anti-money laundries that we created also on the request of our customers to reduce operational risk and really create a world standard in term of. anti money laundry for digital assets and cryptocurrencies. And then on the challenges, which is like much more exciting is how to switch from, I would say a kind of recurring markets, you know, which is like just going up and going down every, every cycle to something, which is like much more stable.
Getting sure that we are always at the state of the art of our technology, even if everything around us is moving at fast, fast, fast pace. And also, in terms of user engagement, how to create like the most amazing interface that can really take a grandmother or little kids and help them like to unbond digital assets.
So that was, I would say, like other challenges which are like fairly compensated with the breakthrough that we did manage to achieve.
Brian Thomas: Amazing. And I liked the fact that you were able to, the breakthrough around the anti-money laundering which is always a challenge across the globe as far as You know, we, we hear about that dark money and people moving money through various channels to hide some of their activities.
So, I really do appreciate that. And Karim, could you elaborate on the functionality of the dope token within the dopamine, dopamine ecosystem and how does it enhance user experience in adoption?
Karim Chaib: Yes, quite straightforward. So, the dope token, the dopamine token is a utility token that has two sides. The first side serves as a licensing model. For every business entrepreneur or web street projects that wants to use all our infrastructure or source code and contribute to the ecosystem. So, it’s a, it’s a license token and from the flip side, it’s also a license token for people that want to unlock some crazy functionality in our mobile apps.
So, it’s really like a utility token as pure as it can be because on day one, as soon as you have the token on your wallet, you can actually unlock the features directly on your mobile phone, or you can access like the full tech stack infrastructure and start building on, for example, the. world standard anti money laundry, but also use our quant predictions to get better trading and so on.
And if you want to get a DOP token, you can access the DOP token on centralized exchange right now, like on MEXE, GATE and BitGate.
Brian Thomas: Thank you. I appreciate that. A lot of our blockchain enthusiasts are excited to hear about some of the new things that come on the show. So, I appreciate you highlighting some of that with your dope token and Karim.
Finally, what’s the last question of the day? What are your future ambitions for Web3Intelligence.com and dopamine? And how do you plan to continue pushing the boundaries of innovation in crypto and fintech?
Karim Chaib: Oh, amazing. So, our roadmap is quite straightforward. So Web3intelligence.com for us, like when we project it, like three to five years already we see that as being like the largest.
Infrastructure, open-source infrastructure licensed open-source infrastructure, which is powered by the dope token and basically like the most important pillar in terms of anti-money laundering but also the infrastructure that is running most of the AI model that combine trading data and also insight from the blockchain.
From the dopamine side our app is already like, I would say like, the leading up on the market in terms of functionality and, and, and, and powerfulness. And here we already like managed to really encapsulate into one app, everything which is needed for crypto as a, as a Swiss knife. And it’s really like the best app.
And the next step is to actually open up the app to special computing. That’s mean like every owner of a vision pro handset will be able to actually manage all their wells and finance leveraging the capacity of all as a special computing tool, having like as much screen and trading screen that they want directly in their working space using the quantitative analysis in real time.
In a much more efficient manner, and we do believe that these headsets that we are, we have started to produce can definitely equipped trading rooms, you know, at Reuters Bloomberg and all like the hedge funds that usually have six screens that make dust on the desk.
Brian Thomas: Awesome. Love that. You’re integrating your technology in with other technologies to obviously gain more adoptability of your product, but also really just convenience and ease of use, which I really like we’re really starting to see the blockchain Ecosystem grow and thrive. And we really love that.
So, I appreciate the shares on that. And Karim, it was such a pleasure having you on today and I look forward to speaking with you real soon.
Karim Chaib: My pleasure, Brian. Thanks for having me again and speak to you soon.
Brian Thomas: Bye for now.
Karim Chaib Podcast Transcript. Listen to the audio on the guest’s podcast page.
