David Waslen was finance first, then tech and, in the latter, he was influenced by his good friend and co-founder of HedgeTrade, Peter Danihel. David has studied in the States as well as in the UK, taking a number of economic degrees. His background is venture capital and private equity with extensive experience managing growing businesses. He holds a BA from Dartmouth College and an MBA from London Business School.
As a Canadian, he’s travelled extensively and now lives in Singapore. When asked how he became involved in blockchain and crypto, he points to his experiences while traveling:
“I was moving from country to country and discovered how hard it was to open bank accounts and then transfer my money — both into different currencies and bank accounts. Oftentimes, the transfer would fail and I’d have to do it again. Plus, there were the fees associated with it.
“When I discovered Bitcoin, it all made sense,” he says.
His co-founder Peter is a self-taught programmer and experienced options trader. He has a breadth of experience with app development and building tech companies, including the sale of several internet businesses.
David first discovered Bitcoin in 2015/2016 and promptly ‘went down the rabbit hole’. He was blown away by the technology and cryptocurrency. “I knew the whole world is going to change, I knew that this was going to disrupt everything. It is still a nascent industry, but it is growing fast.”
David’s experience with traditional personal finance had not always been positive. When he looked at Bitcoin, he felt it was a no brainer:
“Having a digital currency that is seamless, frictionless and borderless across the world makes sense. We use our mobiles for everything so why not for payments? And then I learned about smart contracts and that was equally mind blowing. I could see how smart contracts would disrupt the financial sector, the accounting sector, and the legal sector. If you can automatically execute software without human error, then this has to be an improvement.”
David and Peter initially set up Rublix Development, which is headquartered in Singapore with offices in Canada and Europe. Rublix is a software development company that develops automatic high frequency trading engines. The direction of the company is both B2C and B2B.
In addition to blockchain and cryptocurrency, Rublix is focused on AI and…