482.solutions is an Odessa-based IT company of skilled technicians capable of creating products of the future. They provide research and development services in the field of blockchain technologies and crypto projects. We had the opportunity to talk to the head of IoT department Leonid Khatskevych, and we are ready to share the most interesting moments with you.
Leonid, what did you do before you joined the 482.solutions team?
At 482.solutions, I am responsible for partnerships and innovation, joined the company in early 2018. I have the diploma of a radio electronics engineer, I worked in this sphere before, and also had experience in trade and entrepreneurship.
When did you first hear about blockchain and crypto, and what was your interest in developing this industry?
I felt that there was a future behind this. I had experience in international trade before, but when I realized that there is a technology that erases the boundaries between the parties at the same time minimizing the risk of being deceived, I was inspired.
How did you receive your first cryptocurrency?
Bitcoin was my first crypto. I bought it on a crypto ATM in Philadelphia.
Tell us more about 482.solutions?
We are an engineering company specializing in the development of solutions based on blockchain technology. We are working on creating private blockchains, custom consensus algorithms, token-economy models, using blockchain in electronic document management, registries, games.
We also have interesting projects that combine elements of the Internet of Things and blockchain tech — models of robot economics, identity solutions, supply chains.
Who is in your team today?
The best of the best (smiles). We have no random people, and the team is only growing.
Are 482.solutions customers Ukrainians or foreigners? Why?
Currently, we work with foreign clients mainly, but the interest of local business and government agencies is gradually increasing. Today we provide counseling for Ukrzaliznytsia and DTEK (the largest energy holding in Ukraine — editorial note). We have received great support from the MFAs both in Ukraine and abroad.
I would especially like to highlight the embassy teams in Singapore, Malaysia, and Kenya. We have joint scientific work and collaborations with the Kyiv-Mohyla Academy, Borys Grinchenko Kyiv University, Odesa Mechnikov National University. 482.solutions is a member of APPA and the Blockchain Association of Ukraine.
What are the most successful products and services the company has developed in its history?
We are ProximaX technical partners, and we’ve developed several solutions for this project. We are also actively working on internal developments, for example, last year we created Robocharge, which clearly shows the interconnection of robots without human involvement — two devices independently provide services to each other and pay each other with tokens.
Have you ever had to cooperate with the state?
We have high hopes that the current course of our country will allow us to cooperate effectively with the state apparatus. The project of the Digital State will be presented for the first time on September 27 in Zaporizhzhia at the International IT Forum 2019. By the way, I also speak in this forum with the topic of using blockchain in the electronic document flow. I hope this event will be the beginning of global change for the better.
What difficulties did you encounter when dealing with clients?
The primary problem is the global lack of understanding of the fundamentals of technology and the desire to "tie" the blockchain to the product. Very often, we even refused customers to use blockchain solutions.
Don't take blockchain as a panacea. Where it is needed, it solves problems, but where it is not, it creates them.
How do you assess the development of IoT and robotics in Ukraine?
Both directions are auspicious. IoT and robotics are 100% in our future. I think that in the future, society won’t consist only of people.
ProximaX Identity is a blockchain platform for identifying members of a particular society, from a small company to the population of an entire country. Each user has an account on the blockchain. The user interacts with the world using an NFC-card, which has the built-in public and private keys; all files (copies of documents, photos, etc.) are stored in the IPFS-storage, which is linked to account. The entire history of interactions and their results (for example, a visit to the passport office or city hall) is stored on the blockchain.
Robocharge demonstrates the model of robot economics, which I mentioned above. Robots have their cryptocurrency accounts and can pay for the services provided by other robots according to the algorithm that controls them.
In your opinion, should every modern large company have blockchain specialists in the state?
It depends on the specificity and size of the company, but in some way, blockchain solutions will be deeply integrated into business processes, just as it happened with the Internet in the past.
How do you assess the interest of Ukrainian businesses in implementing blockchain?
There is some interest. DTEK has a proactive attitude today. We participated in the DTEK Innovation Day with a project to develop a platform for managing decentralized storage, transportation of electricity, and trading on a distributed energy asset exchange.
Tell us about your experience in implementing a real project in Ukraine. What difficulties did you have and how did you overcome them?
All DLT projects in Ukraine are at the pilot stage and are being tested. Everything we do is under the NDA.
What ICO projects did you have to accompany?
- Selfllery (a social platform for monetizing visual content),
- Remme (passwordless blockchain authentication),
- Mira (service for buying / selling / storing cryptocurrency).
Is it possible to tokenize all goods and services in Ukraine?
Tokenization is much closer than we think, but to my mind, tokenizing "everything" makes no sense.
How do you feel about crypto regulation?
It has to be. And it must be agreed with competent specialists who want the technology development and harmony in relations between the state and business.
What else do we need to have for the successful blockchain development?
We have a robust blockchain community in Ukraine because we are in the top 14 in the world.
What is the crypto capital of Ukraine — Kyiv, Vinnytsia or Odesa?
Odesa, of course!
Thank you for the interview!
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