The interview with digital marketing and communication specialist of

Harman International about ICO, the purpose was to establish digital

bank, and general opinion of cryptocurrency users about the
technology.
Q.1: Based on feedbacks of the contributors and comments, what is the common view of the
contributors regarding block chain or digital banking?

A.: They see digital banks as a global trend so they are really happy to have one fulfilling this role. For
them, the idea of having a fully functioning digital bank that will work with both crypto and fiat
currencies really appeals to them.

Q.2: What's the most common reason for them to participate?

A.: They want an alternative to traditional banks, to traditional investments. And also, by participating in
a pre-ICO and ICO our investors feel like they're contributing to make this a reality. They want to look
back after some years and be able to say, ”Yes, I was there, I was part of it from the beginning”.

Q.3: What's their most common feedback?

A.: Users see digital bank as a very ambitious project, which actually motivates them to invest in it. The
project is not just about a card or an exchange, it is going to be a digital bank working for as many places
as it can and offering a range of services.

Q.4: Do contributors and users believe that cryptocurrencies are the currency of the future?

A.: Yes, absolutely, they do. They have already noticed that more people are talking about it, more
people are using it so they actually see that this is only going to grow in the future and cryptos will
become an actual alternative to fiat currencies.

Q.5: How do contributors see the potential of cryptocurrencies in their daily life?

A.: They are really looking forward to when they will be able to use cryptos to make daily payments. At
the moment, cryptos are more of an investment, so our investors are really waiting for the debit cards
and other solutions to be available for their everyday use. Also they believe cryptocurrency can change
banking, precisely: excessive bureaucracy, high costs and lack of credibility. It really takes a long time for
banks to develop a new service, to offer a new product and it's also difficult as a client to have access to
them.

Q.6: What are the requirements of users for digital payments? How they want them to be?

A.: They want a fast, safe, simple way of making payments, both as individuals and as business, and, for
example, many of us have parents, family, abroad or friends, and it's very difficult to make transactions.”
Interview II The interview with Cyber security specialist of Harman
International about ICO, the purpose was to find out the future
perspectives of cryptocurrency.
Q.1: Do contributors see the advantage of block chain or digital banking compared to the traditional
ones?

A.: Such digital banks are very accessible to individuals, especially for people who come from countries
where banking is heavily regulated by the government or in a very unfair way. And from a bigger
perspective, compared to other banks, I think such digital banks are very flexible to new technology.
Traditional big massive banks have massive funds that they accumulated over the years because of their
legacy system. Once they have new technology that they want to build in - it takes massive amount of
money and a lot of time just to change that one system. So contributors expect a very flexible
infrastructure from the very beginning which can develop and adapt to new technologies as they come
in.

Q.2: Could you tell us more about how you got involved into the world of cryptocurrencies and Bitcoin?
A.: I have a background in Economics, but I’ve been working with computer scientists, engineers,
mathematicians for many years. I was specializing in systemic risks at the time of the financial crisis –
during my PhD, some friends of mine started telling me about blockchain and Bitcoin, and from there I
started to explore this fascinating topic. At the beginning, I was very sceptical because I was considering
Bitcoin more like a funny game used only by kids, because in the past I did develop some trading engine
myself, and I was a trader. Therefore, I was really considering this unprofessional. I started to learn more
about Bitcoin and blockchain and, what was very important for me, was the possibility to look at the
blockchain through two lenses. The first one let me look at the blockchain from an information-
communication-technology perspective. In this case, it’s a distributed system that allows peers to
achieve consensus without an intermediary – even in presence of malicious nodes, in presence of
malicious peers. This is, basically, the definition that we all know about blockchain. But what was
important for me, was the second aspect of this new technology, which is the governance aspect: the
capability of this technology to decentralize the governance, to give more power to the edge of the
networks, to bring more transparency in the decision-making process and these, I think, will be the most
important aspects of the blockchain that will have the long-term impacts on our socio-economic
systems.

Q.3: How do you see cryptocurrencies future in the long run?

A.: The question relates to the vision that I borrowed from an economist of the Austrian school of
economic thought, Friedrich Hayek, who wrote a book titled ‘The Denationalization of Money’ in 1976.
He is also a Nobel Prize winner. In this book, basically, he wrote about the fact that money, as any other
type of commodity that we have in our society, should not be under control of a monopoly, but should
be under a competitive regime. He was expecting that a country could have a multi-currency regime
allowing the citizen to choose the best currency, the best means of payment they really prefer, instead
of imposing one single currency. Borrowing this view from Friedrich Hayek, let’s say that, with the
proliferation of these thousands of cryptocurrencies, there is a possibility to move from this theory to
practice. I think that giving the possibility to the users to choose the means of payment is for the degree
of freedom that will improve our society.

Q.4: How do you think crypto and traditional currencies will coexist in the future?

A.: As any other type of means of payment that we’ve been using in the past. When in the ‘70s the
credit cards were introduced, they didn’t wipe out the banknotes – we still keep using banknotes, we
still keep using credit cards, and some of us also use mobile payments, while the bravest of us use
cryptocurrencies. All of them could coexist well, as each of the different means of payment can provide
different types of benefits and can be used for a different type of purpose.”

Q.5: Can you tell us what made you so interested in cryptocurrency and blockchain?

A.: I think it's getting a little of the banks and getting rid of delays where there's a huge amount of time
wasted while people wait for the transfers to come through. I love a lot of blockchain technology
because we can always trace back and see the past history as well as very safe very fast payments very
low-cost payments. So that's why I really love the block chain and expect the new blockchain Banks.

Q.6: What do you think, what is the role of blockchain for the banking in the future?

A.: It's a huge role. The future is going to be all about blockchain banking cryptocurrency banking. It's
about smart contracts where people can get funding for their particular projects. So, there be very many
things that I just find that based on a project and creating many jobs getting rid of all the bureaucracy
and all the red tape. And get getting funds to those people who are who know what they're doing have
some great ideas that can change the world. So the blockchain banking and the blockchain bank is the
future and those banks that will be around.

Q.7: Can you talk about what are the major differences between traditional Bank and Bank which would
be built on a blockchain?

A.: The biggest problem with traditional banks is that they're loaded with debt a very old debt. This is
not performing Assests so they are not able to really lend money to people who need it. So the
blockchain Bank wants to be flexible and a great payment provider so we can process payments very
fast and instantly. Blockchain Bank can access your money very fast and can fund projects all around the
world in a very fast very dynamic way. Based on knowing the customers seeing what they turnover is
and seeing who they are and letting empowering them to do the projects using blockchain technology
and building big data.

Q.8: To make the summary, do you see the cryptocurrency as the future for finances and banking?

A.: I would say that I believe in this with all my heart. People are tired of the banking system they have
now, which is hardly regulated and give no freedom. The era of this banks and financial system will be
over sooner or later. This will not happen in two days or few months, this is the reshaping and new
world contracting process which needs its time. But I can see cryptocurrency as the mean of payment
which will be used and accepted world-wide from the East to the West and from the North to the South.
For today it is more the investment tool but with the coming of the companies who are willing to change
the world of banking and financing using blockchain and cryptocurrency, it all will become the everyday
routine. Every innovation needs it time to go through major changes and reach the top.