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In a recent conversation with Varuni Trivedi of The Coin Republic, on the ‘Money and Me’ podcast, Tapan Sangal, Founder and CEO of MAI Labs
MAI Labs, a pioneer in the blockchain industry, is renowned for its innovative solutions that cater to the unique needs of enterprises, startups, and developers. Founded in 2015, the company boasts a presence in the United States, India, Mauritius, Singapore, and Dubai.
MAI Labs, a pioneer in the blockchain industry, is renowned for its innovative solutions that cater to the unique needs of enterprises, startups, and developers. Founded in 2015, the company boasts a presence in the United States, India, Mauritius, Singapore, and Dubai.
In a recent conversation with Varuni Trivedi of The Coin Republic, on the ‘Money and Me’ podcast, Tapan Sangal, Founder and CEO of MAI Labs, discussed the explosive potential of the Blockchain industry. He also reflected on his remarkable decade-long journey at the company’s helm.
In a recent conversation with Varuni Trivedi of The Coin Republic, on the ‘Money and Me’ podcast, Tapan Sangal, Founder and CEO of MAI Labs, discussed the explosive potential of the Blockchain industry. He also reflected on his remarkable decade-long journey at the company’s helm.
During the podcast, Sangal shared his experiences and motivations that led him to establish MAI Labs. Coming from a legal and real estate background, Sangal observed a lack of trust in the industry during his time as a legal consultant to real estate agencies.
During the podcast, Sangal shared his experiences and motivations that led him to establish MAI Labs. Coming from a legal and real estate background, Sangal observed a lack of trust in the industry during his time as a legal consultant to real estate agencies.
“I observed this from close quarters, during my time as a real estate consultant. Therefore, I felt the need to do that with the real estate industry struggling to bring in the ‘trust’ factor, especially in the business-to-business (B2Bs) and business-to-customer (B2Cs) segments.
“I observed this from close quarters, during my time as a real estate consultant. Therefore, I felt the need to do that with the real estate industry struggling to bring in the ‘trust’ factor, especially in the business-to-business (B2Bs) and business-to-customer (B2Cs) segments.
This is where blockchain can be a viable solution. Sangal was fascinated by how blockchain could introduce the ‘trust element’ into a place where it was missing. So, in 2014, I wrote my first article, where I mentioned that here’s a tech which could be a blessing in disguise, which could, you know, bring in that element of transparency and immutability.”
This is where blockchain can be a viable solution. Sangal was fascinated by how blockchain could introduce the ‘trust element’ into a place where it was missing. So, in 2014, I wrote my first article, where I mentioned that here’s a tech which could be a blessing in disguise, which could, you know, bring in that element of transparency and immutability.”
As a testament to his passion for blockchain and its potential to revolutionize industries, Sangal highlighted how MAI Labs is uniquely positioned to contribute to this transformation.
As a testament to his passion for blockchain and its potential to revolutionize industries, Sangal highlighted how MAI Labs is uniquely positioned to contribute to this transformation.
“MAI Labs is a deep tech company that is committed to democratizing and empowering users worldwide. We are building the next generation of Web3 solutions, and our mission is to make blockchain technology accessible, usable, and beneficial for everyone.
“MAI Labs is a deep tech company that is committed to democratizing and empowering users worldwide. We are building the next generation of Web3 solutions, and our mission is to make blockchain technology accessible, usable, and beneficial for everyone.
We are excited about the future of blockchain technology and believe that it has the potential to change the world for the better. We are grateful for the opportunity to be a part of this revolution and are committed to continuing to innovate and develop new solutions that will benefit everyone.”
We are excited about the future of blockchain technology and believe that it has the potential to change the world for the better. We are grateful for the opportunity to be a part of this revolution and are committed to continuing to innovate and develop new solutions that will benefit everyone.”
In addition to discussing his journey and MAI Labs’ role in the blockchain industry, Sangal also shared his perspectives on several topical subjects, including the regulatory landscape for blockchain and cryptocurrencies, the importance of Real-World Asset (RWA) tokenization, and the company’s recent initiatives such as Kalp Studio and STOEX.
In addition to discussing his journey and MAI Labs’ role in the blockchain industry, Sangal also shared his perspectives on several topical subjects, including the regulatory landscape for blockchain and cryptocurrencies, the importance of Real-World Asset (RWA) tokenization, and the company’s recent initiatives such as Kalp Studio and STOEX.
When asked about his views on the regulatory aspect of blockchain or the crypto space, Sangal had this to say:
When asked about his views on the regulatory aspect of blockchain or the crypto space, Sangal had this to say:
“The first thing that comes to mind in the crypto space is when anyone hears the word regulation. In fact, many are put down by the constant series of back-and-forths in court, massive fines, and millions in investor funds down the drain. But in my view, regulation, in itself, isn’t such a bad thing.
“The first thing that comes to mind in the crypto space is when anyone hears the word regulation. In fact, many are put down by the constant series of back-and-forths in court, massive fines, and millions in investor funds down the drain. But in my view, regulation, in itself, isn’t such a bad thing.
From day one, we were very sure that we would want to do business on this side of the law and not on the other… For a purpose of blockchain, which is regulated, all the laws are already in place, you don’t need a special law to regulate this. All you need to do is to imbibe, take all these laws into account to produce yourself…”
From day one, we were very sure that we would want to do business on this side of the law and not on the other… For a purpose of blockchain, which is regulated, all the laws are already in place, you don’t need a special law to regulate this. All you need to do is to imbibe, take all these laws into account to produce yourself…”
Regarding the regulatory issues, MAI Labs bypasses them by creating its benchmark, which is the ‘sum total’ of regulations from jurisdictions like Dubai, Thailand, Malaysia, and the US, among others.
Regarding the regulatory issues, MAI Labs bypasses them by creating its benchmark, which is the ‘sum total’ of regulations from jurisdictions like Dubai, Thailand, Malaysia, and the US, among others.
Moreover, Sangal explained how Real-World Asset (RWA) tokenization is crucial because the income generated from these assets is not controlled by the company. These token holders can then access the account via the MAI Labs DAO in a way that does not violate securities laws.
Moreover, Sangal explained how Real-World Asset (RWA) tokenization is crucial because the income generated from these assets is not controlled by the company. These token holders can then access the account via the MAI Labs DAO in a way that does not violate securities laws.
“This protocol also features self-modifying (thanks to Oracles) smart contracts that adjust their parameters based on regulatory changes.”
“This protocol also features self-modifying (thanks to Oracles) smart contracts that adjust their parameters based on regulatory changes.”
During the podcast, Sangal also provided insights into two of MAI Labs’ recent launches – Kalp Studio and STOEX.
During the podcast, Sangal also provided insights into two of MAI Labs’ recent launches – Kalp Studio and STOEX.
“Kalp Studio, a product of Kalp Digital, is a one-stop Blockchain Development infrastructure. It has an extensive ready-to-use module library for (dApps), future-centric features, third-party integration & advanced customization capabilities, the best UI/UX, and a complete supportive ecosystem to develop anything Blockchain. It can accelerate even the most innovative, scalable & complex Blockchain solutions development, seamlessly.
“Kalp Studio, a product of Kalp Digital, is a one-stop Blockchain Development infrastructure. It has an extensive ready-to-use module library for (dApps), future-centric features, third-party integration & advanced customization capabilities, the best UI/UX, and a complete supportive ecosystem to develop anything Blockchain. It can accelerate even the most innovative, scalable & complex Blockchain solutions development, seamlessly.
STOEX (or S.M.A.R.T Token Exchange) is a regulated tokenized real-world asset exchange that allows users to invest in real-world assets through tokens. Built upon the Kalp cross-chain infrastructure, STOEX promises a compliance-first approach toward making investing in these niche asset classes more accessible and profitable for retail investors and specialized businesses at large.”
STOEX (or S.M.A.R.T Token Exchange) is a regulated tokenized real-world asset exchange that allows users to invest in real-world assets through tokens. Built upon the Kalp cross-chain infrastructure, STOEX promises a compliance-first approach toward making investing in these niche asset classes more accessible and profitable for retail investors and specialized businesses at large.”
Furthermore, Sangal shared his perspective on immersive technology and the metaverse.
Furthermore, Sangal shared his perspective on immersive technology and the metaverse.
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