When it comes to crypto, it is hard to think of anything other than the scandals and negative news on the industry. However, there is a lot of good being done in the crypto space, and one of the people making it happen is Kadan Stadelmann, the Chief Technical Officer of Komodo Platform.
One of Stadelmann’s favorite quotes comes from Albert Einstein, who said, “Life is like riding a bicycle. To keep your balance, you must keep moving.”
For Stadelmann, the Einstein quote serves as a reminder that life requires balance, especially when things get challenging. “I’ve learned the best thing for me to do is embrace the ups and downs of life, knowing that I will learn from the experiences and they will make my journey that much richer.”
Stadelmann talks about how the statement “to keep your balance, you must keep moving” highlights the power of perseverance. Einstein’s words have been a reminder for Stadelmann that to truly thrive and grow, one must keep moving forward, regardless of the challenges that lie ahead. It’s a lesson he says has served him well building out applications on the frontier of the cryptocurrency industry.
The lifelong developer often reflects on the impact he is having on the world and the humans around him. He is always thinking about how he can make blockchain technology work for the greater good. The way crypto can do this is by creating a world of financial inclusivity.
“Financial inclusivity is how we can empower individuals the world over with blockchain,” says Stadelmann. He points to Africa as an example of the positive impact blockchain technology is having on people all over the globe.
“Nigeria introduced a central bank digital currency, but no one adopted it,” says Stadelmann. “They had already adopted Bitcoin.”
The unbanked are gaining access to state-of-the-art financial technology. “This is all about creating a more equitable and inclusive financial ecosystem,” said Stadelmann, harking back to the early tenets of crypto.
“Code is speech,” remarked Stadelmann. “And I believe fighting on behalf of freedom of speech, privacy, and permissionless networking is one small way I can help make the world a little better place. These are the pillars we need to build a decentralized system that protects fundamental rights of the individuals over many things, including control over their personal data.”
Stadelman’s vision has led him to become a core developer on the Komodo Wallet, which combines a non-custodial wallet, cross-chain bridge, and crypto DEX all in one user-friendly application.
“Komodo Wallet is the leader in cross-chain trading,” said Stadelmann. “No where else can you swap assets between Bitcoin, Ethereum, Dogecoin, Polygon, Binance Smart Chain, and more. This is the future we believe cryptocurrency must embrace in order to compete with the distributed ledgers popular with large private corporations.”
Komodo Platform is designed to make atomic swaps convenient while ensuring you keep full control over cryptocurrency holdings.
According to Stadelmann, “This is not about institutional adoption. This is about reshaping finance by empowering individuals with a user-centric and trustworthy platform. Komodo Wallet enhances financial inclusivity and freedom the world over.”
Stadelmann came to value his positive impact on the future of the individual through many experiences in a “what-have-you-done-for-me-lately” industry that rapidly changes. “Failure is how we grow and improve,” he said, reflecting on mistakes as an early miner shortly after he discovered crypto technology. “And that’s exactly what I experienced.”
His early crypto days primed him to adapt to an ever-evolving cryptocurrency industry. “The space is moving so fast, while at the same time mainstream adoption takes time. One must constantly learn and adapt, while remaining rooted in the teachings of Satoshi Nakamoto and the Bitcoin white paper. If we don’t understanding and pass on the founding cypherpunk ideals of bitcoin, the crypto industry will be eaten alive from within.”
When asked about the future of crypto, Stadelmann thinks about the years of volatility and skepticism the industry has faced. “The future of this space depends on how much it’s individual actors can maintain a long-term perspective,” he said. “For us, our success hinges on placing our efforts towards prioritizing positive impact–and crypto’s larger societal implications–over profit. Crypto could end up doing a tremendous amount of good for the world.”
