Max Kordek is a 24-year-old Bitcoin wiz from Germany. Next week he and his co-founder, 37-year-old Oliver Beddows, will launch their company, Lisk.
And Lisk is such an exciting idea that during their 30-day crowdfunding campaign, nearly 4,000 people chipped in a total of $6 million in bitcoin to fund their seed round, Kordek tells Business Insider.
Lisk is two things: a new kind of app store, and a a new form of internet money, similar to Bitcoin.
An app that never goes down
First and foremost, Lisk is a new kind of app store built on the same kind of technology used by Bitcoin to keep track of who owns how many coins.
That’s a technology known as blockchain, which the tech and financial industries are going gaga for.
In simple terms, blockchain is a distributed database, an app that is replicated on many, many machines that keeps track of transactions.
In practice it means that Lisk will also use many different clouds, Kordek says.