Interview with BitClearn Evgen Skigin

Bitclear’s co-founder Evgen Skigin shares insights on regulation, innovation and future of decentralized finances.

In 2018, Forbes, he published his first ranking of the world’s richest conceptors of the CRIPTO. But four years earlier, the investor and entrepreneur, Mr. Evgen Skigin had already built a unique software solution for payment systems – becoming a pioneer in Niska, nobody knew that he had none.

Since then, the crypto and Block Space developed rapidly, with an overvoltage attack in decentralized protocols and web services. Today, even large corporations, banks and governments run to develop their own digital currencies.

We talked to Mr. Evgen Skigin, Shooter Bitclear, about the development speed crypto market and whether the world is really ready to adopt Bitcoin as a global backup currency.

Evgeni, let’s go with your current role in Bitcleear. What is your position today, 11 years after starting the project?

By 2020. I served as the company’s executive director. Today we have a new CEO, and I am the only shareholder after buying the role of my partner.

So you started Bitcleear with your partner at first?

Yes, he had expertise in pay systems, which was crucial in helping us to build the core software.

Do you remember that you have appeared business ideas – when did you realize that it would become more than crypto exchange?

Absolutely. She returned in 2014. years, and barely anyone knew what Bitcoin, let alone transforming global financial systems. My investor instinct told me it was a moment to act. That’s when we started.

What was the original concept behind Bitcleear?

We have built software that has enabled BitCoin to function as an independent payment system. Say you are on the website to buy e-store to buy socks for $ 2 – you would usually see Visa, Mastercard, American Express, Paypal. We added Bitcoin as an option to pay. It is still the foundation of our service today.

So you have developed software for network markets and stores?

Not exactly for them directly, but for aggregators – payment service providers integrating companies for companies. Our product sell these providers, allowing them to offer the payment to the crypt of their clients.

How has the product developed in the last 11 years?

Initially, it was experimental. Users were not familiar with the Cripto Payment and were not ready to trust them. And we had no idea how to sell it. BlockCain was in its infancy – you would have to enter the code manually in the terminal to perform the transaction. Very rudimentary. But we learned a lot. Initially, we only supported Bitcoin. We can now integrate practically any cryptocuran asked by the client.

Many startups face challenges with licensing and legal adjustment. How was Bitcleear to move that?

We started in Denmark, later moved to Malta hoping for a more favorable legal framework – but it turned out even more complex. In the end, we moved to Liechtenstein, which has some of the most advanced regulations of CRIPTO. There we have gained trade licenses and wide business.

So Bitclear works completely legal?

Absolutely. By 2018, it was clear to me that serious players enter only space after the regulatory framework is well defined. Without regulation, the market would turn on speculation – and collapse.

Have you been involved in shaping crypto regulations?

I work with a group of experts for regulatory committees. We help legislators understand what Blockchain enables and where protection at the state level is necessary. Regulations are made based on that.

Over time, you certainly saw the forces and limits of the crypto. Would you call Bitcoin today with the best form of money – and potentially replacement for the dollar?

It depends on how we define money. From the technology point of view, Bitcoin or to be even more specific, the block, is the most effective tool that has ever been created for storing and transferring value. But as currency, today she lacks necessary stability – His volatility is too extreme.

StableCoins are a step forward, related to FIAT currencies and offer more predictability. Some even supported gold, which is also an interesting model – digital transactions that support physical resources.

So Cripto forms its own financial ecosystem?

Yes. Cripto was ahead of its time – meeting the need for individual financial freedom: storage, transmission and control of one’s own money. Now we enter the critical moment for the CRIPTO.

Banks are constraints for tightening – making it as hard to withdraw or deposit in cash and review each transaction. While monitoring is essential to prevent terrorism and money laundering, arbitrary bank freezes for damage to individual rights and companies. In contrast, Cripto enables a global trade in lower risk. What we need is an open financial system that drives innovation.

As an investor, did you immediately see where the market started?

It is interesting that at that time I started Bitcleear, I also built traditional business in the agricultural sector – real production, logistics, supply chains. In real time you see movement and volume. Meanwhile, in the cript it is only a laptop – build a product, connect to the client and you can sleep while your system earns overnight. It is a little frightening how easier it is to reduce digitally over physical.

Many beginners start their chips today. What is your download for this trend?

First, let’s clarify. Coins are built on their own blocks (eg BTC, ETH, KSRP, SOL), while tokens are built on existing platforms and offer functionality – voting rights, access to membership, management and more. Do not always carry internal monetary value. Although many companies explore the tokens, we don’t see it as a direction for our job.

Do you plan to go publicly over IPO?

No, it’s not in our plans. ICOS (starting cash offer) differ from IPOS. Ipovi include regulated securities and offer investor protection. On the other hand, the icons are often unregulated and open to abuse. This lack of supervision attracts bad actors, making it risky for users. We do not support that model.

Looking up ahead 2-3 years, how do you see Bitclear developing? Will you extend product functionality?

Definitely. Initially, our model has satisfied funds and individuals looking for passive income through crypto under trust. We now enter the B2C market in Central America with a white infrastructure solution – companies can use our technologies under its brand, while we manage Back.

Will clients be included in the operating side?

Yes. We develop a mobile application that allows real-time tracking and transactions from anywhere. The MVP will be launched soon, so users can test the interface and functions. We also work on a significant pay tab – similar to visa – it will allow users to pay crypt anywhere.

Don’t CRIPTO cards are already available?

They are, but existing are still quite raw and are not widely usable. We’ve already had an idea of ​​2020. Years. However, we decided to postpone the project due to capacity limitations.

Will you expand your team? You are currently placed as a boutique firm, isn’t you?

That’s right. After led by a great agribusiness with huge staff and complex logistics, now I prefer Vian team. We are only 10 people – developers, legal, operations. That’s enough for us.

Is your team International?

Our developers work remotely from Poland and Spain. Many of them have never met in person. Poland has an excellent university for software engineering, by the way. We try to seek talent no matter where it comes from. Being in it allows possible.

Are the salaries of developers increased by demand?

Absolutely. Technical giants take great investment in launching their own cryptocurries and need the upper block of talent. Salaries for lockers now the rippers of those and experts.

With all this corporate interest, where is it moving on the market?

More and more individuals want to teach their crypto property to professionals, but without giving up detention. Transparency is crucial, especially after many people fell victim to deceit. That is why regulation and security are critical for the future of this market and why we focused on building a company that is reliable, competent but flexible.