Amber Baldet's New Startup Is a Blockchain Dapp Store

Published on by Coindesk | Published on

That's the guiding framework behind Clovyr, a new startup launched by two former JPMorgan blockchain employees that seeks to provide a new layer of enterprise-driven services between blockchains and user-facing applications.

Founded by CoinDesk's "Most Influential" finalist Amber Baldet and cryptographer Patrick Mylund Nielsen, the mystery startup has been a topic of speculation since Baldet announced her departure from the investment bank last month.

Speaking to CoinDesk, Baldet hinted that bitcoin-facing applications will also be possible, and further blockchain integrations may be added to the decentralized collection in future.

"It's so easy to miss useful new tools," Baldet said.

According to Baldet, the latter will beneficial to enterprise looking for the scalability and control of a permissioned system combined with the security parameters of a public blockchain.

In the future, Baldet expects that the public and enterprise-focused applications will blur into a much more user-orientated experience.

Rather than evaluating tools based on their creators, Baldet said, "The users will start asking, does it do what I need it to do and does it meet my personal requirement?".

Going forward, Baldet and Nielsen's experience in building J.P. Morgan's Quorum, which contains multiple privacy-enforcing layers, will result in tools that can help people build in a way that protects user data.

While the team has yet to fully expand on what such a privacy-preserving system would look like, Baldet hinted that such applications should be more conservative about what information is shared on-chain, and suggested using the shared ledger merely as a coordination device.

"It's certainly a challenge, but we just need to be smart about designing around the constraints," Baldet told CoinDesk.

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