AIIA: Paul Bao, BitCherry

BitCherry’s Paul Bao explains the blockchain process behind the platform’s commercial applications. Working similar to Amazon’s eCommerce model, BitCherry will offer a platform to buy, sell, and network goods using digital currency. Regulatory roadblocks make penetration in the U.S. difficult, but BitCherry has over 2 million members and 120,000 active daily users. Currently, these users simply buy and sell digital currency in anticipation for BitCherry’s retail applications. Bao expects the retail platform to go live in Q1 of 2020. Next, he details the brainstorming process behind BitCherry’s unique independent investor philosophy and marvels over the future implications of blockchain. While he may be a little ahead of his time, BitCherry’s users prove that there is a lot of faith in the future of eCommerce and digital currency.