Dr. Yaniv Altshuler, CEO, and co-Founder of Endor, spoke exclusively to CryptonewsZ and shared his mission and vision regarding the crypto space and more specifically for Endor.
Dr. Altshuler is an eminent computer scientist and inspiring entrepreneur currently associated with the Massachusetts Institute of Technology (MIT) as a Researcher. In 2008, he co-founded Memoraze, a start-up which deals with behavior analysis in computer games. He co-founded Endor Software Ltd in 2014 and served as the CTO until 2017. Since 2017, he has been serving as the CEO of Endor and helping the company reach new horizons with his highly pragmatic approach and extraordinary foresight.
Dr. Altshuler has to his credit 15 patents, more than 60 scientific papers and other publications. His research has been covered by Harvard Business Review, Financial Times, Communications of the ACM, The Globe, IEEE Spectrum and others.
CryptoNewsZ: Thanks for joining us today. Please brief us about yourself and how the journey of Endor started?
Before starting Endor, I spent a good portion of my life in academics. I worked for IBM research, and my work at MIT eventually led to the tools that comprise the core of the Endor platform. I’ve had an opportunity to learn with incredibly smart and talented people, and I’m excited to combine academic investigation with practical implementation in the form of Endor.
Dr. Yaniv Altshuler
CryptoNewsZ: How did you get to know about the crypto industry? How did you develop an interest in this space?
Like many people, I followed Bitcoin’s introduction and maturation with plenty of interest and skepticism. However, it quickly became apparent that it would play an important, if undefined, role in finance in the digital age. However, as more platforms began to emerge, I noticed that the underlying technology, the blockchain, could facilitate much more. Things like smart contracts and tokenization seemed like the perfect tools to facilitate a data analytics ecosystem.
Dr. Yaniv Altshuler
CryptoNewsZ: How did the idea of starting Endor strike you? What was the thought process behind that?
Big data and predictive analytics aren’t new, and I saw several opportunities to make these technologies work better for everyone. First, there is a need to factor in privacy. Ethical data sourcing and protection is a critical component of a sustainable analytics effort, so we made that a priority from day one. At the same time, quality analytics were mostly reserved for companies with big budgets. We wanted to democratize access to high-quality, data-driven analytics.
Dr. Yaniv Altshuler
CryptoNewsZ: Please introduce us to the technical team at Endor? How supportive is the team?
We have an incredible team of smart, talented, hardworking people that believe in the value of Predictive Analytics. I feel extremely privileged to work with everyone on Endor team. In addition, I’m joined by two co-founders, Alex Pentland and Stav Grinshpn. Alex is an academic and an innovator who directs the MIT Media Lab Entrepreneurship Program. He’s written several books associated with our work, and he’s just a generally brilliant guy. Stav brings the technical expertise to our project. He’s worked in the tech industry for nearly two decades with a specific emphasis on data analytics.
Dr. Yaniv Altshuler
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CryptoNewsZ: What revolutionary solutions and services are you bringing into the crypto market with Endor?
Cryptocurrencies have many different purposes, and our ERC-20 utility token is targeting businesses and individuals who need accurate and affordable insights into a particular topic. This has many use cases, including understanding the potential value of different cryptocurrencies to having an enterprise use case for cryptocurrencies. For many people, it will demystify the blockchain and cryptocurrencies, giving them a tangible use case that has eluded many other tokens.
Dr. Yaniv Altshuler
CryptoNewsZ: The Endor Protocol is fully decentralized and provides complete accountability for the prediction results. How?
By decentralizing data collection and analysis, the Endor Protocol eliminates the opportunity for manipulation or bias to play a role in the analytics process. At the same time, it prevents data censorship from a single authority. To put it simply, by decentralizing the predictive ecosystem, we are ensuring that our users are receiving accurate data to drive their projects.
Dr. Yaniv Altshuler
CryptoNewsZ: What are the areas you are most excited about with regards to Artificial Intelligence (AI)?
AI will have vast implications for virtually every business in every sector, and it will do a lot of good. Personally, I am most excited about the ways that AI allows us to gain more insights into ourselves. We are accumulating so much information in the digital age, and AI will help us process that information and make it usable again. While it’s easy to see how this will help businesses perform better, it will also help with quality-of-life initiatives like medical research and other things that actually make our lives better. That’s pretty exciting to me.
Dr. Yaniv Altshuler
CryptoNewsZ: Where do you see Bitcoin or the cryptocurrency industry heading towards in the coming years?
The cryptocurrency ecosystem is undoubtedly on a path to maturity. We’ve seen so many products emerge in the past few years, and, collectively, they are pushing everyone else to get better. As people become more familiar with this technology, I expect that we will see more mainstream use cases and more use cases in general. In the digital age, it’s the perfect tool for facilitating commerce on many different levels, and I’m looking for that to happen in the next few years.
Dr. Yaniv Altshuler
CryptoNewsZ: What do you think about Predictive Analytics? What is its significance?
Predictive Analytics is like a data-driven crystal ball that gives us insights into ourselves. Because people aren’t as random as we think, Predictive Analytics allows us to see into the future in a meaningful way. Of course, large companies and people with big budgets have been achieving these insights for a long time, but the emergence of blockchain technology and AI are democratizing access to these insights, and that’s the real significance.
Dr. Yaniv Altshuler
CryptoNewsZ: Do you feel there is a need to make people aware of it? How?
People need to be empowered by it. There is tremendous opportunity in making smart, data-driven decisions. Whether that’s an individual investor trying to turn a profit or a scrappy startup looking to make the best decisions, Predictive Analytics is the tool to make that happen. In addition, when those insights can be achieved from a platform that protects privacy by using encrypted data, then people are truly positioned to be empowered by Predictive Analytics.
Dr. Yaniv Altshuler
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CryptoNewsZ: Finally, where do you see the future of Endor in the next couple of years?
We are really excited about the recent launch of the Endor Protocol, our blockchain-based predictive analytics platform that applies cryptocurrency in the form of ERC-20 utility token to allow individuals and small businesses to make data-driven decisions. Down the road, we are preparing to launch our Endor Protocol API for the enterprise that will integrate the Endor Protocol into their existing IT infrastructure. We are really excited to be at the forefront of this data movement, and we are looking forward to working closely with companies to make it increasingly easy to access and use.
Dr. Yaniv Altshuler
