Ex-JP Morgan Blockchain Lead Hints at Stealth Startup Vision

Since leaving her role as the blockchain lead at JP Morgan last month, Baldet has been tight-lipped on the new company she plans to launch.

There, Baldet criticized the tribalism that can occur between builders of open blockchain networks and institutions, stressing the importance of hybrid technologies that can deploy verifiable, open-source code resistant to single points of failure but that can be adjusted should exceptions happen.

Hybrid blockchains have been on the minds of many executives at major enterprises of late, and Baldet's interest comes after the two largest public protocols have been embroiled, if not trapped, in online feuds.

Elsewhere, Baldet echoed much the same narrative of inclusion that the Ethereal Summit seemed to illustrate, while touching on the need for a better security models and poking fun at bitcoin's strategy for its security model and its emphasis on inclusion through node ownership.

While permissioned blockchains are often criticized for their management by central authorities, Baldet said, public blockchains tend to put the onus on the individual, and as such, aren't perfect solutions for users.

While interoperability is often cited as integral to blockchain adoption, Baldet said that forging connections between protocols could open up creating security vulnerabilities.

"A less optimal outcome would be to have a bunch of different public networks that all have different security and privacy models and completely agnostic interoperability between them," Baldet said.

"We need to dumb down what it is on blockchain - fewer smart contracts and more dumb coordination."

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