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 sparkling thought that during their 30-day crowdfunding campaign, scarcely 4,000 people chipped in a sum of $6 million in bitcoin to account their seed round, Kordek tells Business Insider.
Lisk is dual things: a new kind of app store, and a a new form of internet money, identical to Bitcoin.
An app that never goes down
First and foremost, Lisk is a new kind of app store built on a same kind of record used by Bitcoin to keep lane of who owns how many coins.
That’s a record famous as blockchain, that a tech and financial industries are going gaga for.
In elementary terms, blockchain is a distributed database, an app that is replicated on many, many machines that keeps lane of transactions.
In use it means that Lisk will also use many opposite clouds, Kordek says.