The WLD Show

Tae Oh: Gluwa and CreditCoin. Rebuilding the global financial system | Will, Lee, & Andrew Learn Web3: #43

Episode Summary

Tae Oh is the Founder and CEO of Gluwa. Gluwa is a borderless financial platform with 2 million global users. Gluwa got its start enabling people without bank accounts to make easy international purchases. Tae created Gluwa Capital to provide venture loans to microfinancers and lenders in developing countries. Tae also built CreditCoin to help people in developing countries without credit histories obtain credit and create their own, transferrable credit history

Episode Notes

Tae Oh is the Founder and CEO of Gluwa. Gluwa is a borderless financial platform with 2 million global users. Gluwa got its start enabling people without bank accounts to make easy international purchases. Tae created Gluwa Capital to provide venture loans to microfinancers and lenders in developing countries. Tae also built CreditCoin to help people in developing countries without credit histories obtain credit and create their own, transferrable credit history.

Learn More about Tae Oh and Gluwa:

• Twitter: https://twitter.com/taelimoh
• LinkedIn: https://www.linkedin.com/in/tae-lim-oh
• Gluwa: https://gluwa.com/about
• CreditCoin: https://creditcoin.org
• Gluwa Capital: https://gluwacapital.com/

Episode notes and links:

• How Tae Oh got his start in Bitcoin and Crypto
• The origin story of Gluwa’s first product
• What CreditCoin is and what it enables
  • The ability for companies and people without a credit history to obtain credit (this is huge for the bankless)
  • The ability to build a credit history that can be used with any lender
• CreditCoin’s origin story
• The three types of stable coin:
  1. Fiat backed stable coins - The creator holds 1 USD per coin and custody of issuer has to be exposed to regulatory audits. Examples:
     • Tether
     • USDC
  2. Crypto collateralized stable coins
     • Currency example: DAI
     • Organization responsible for DAI - Maker DAO
  3. Algorithmic stable coins
     • Company example: Basis
• The types of customers who are most interested in CreditCoin
• Why Gluwa is considering a DAO to approve a new multi-chain gateway
• How Tae Oh manages and guides his team across many industries
• Gluwa’s key performance indicator (KPI)
• How Tae Oh thinks about and acts on risk
  • Delegate mitigating risk to the right people
  • Don’t worry about work that’s been delegated
  • Continuously group parts of your role, create a job description, hire, delegate it, focus on something only you can do.
• What’s next for Gluwa?

If you liked this episode, you can find more episodes at wld.show!