Jeff Cain, who directs the Envestnet | Yodlee Incubator, has had a ringside seat on innovation happening in the FinTech space.
What are some examples of non-fintech companies you have worked with?
In our first cohort, we had Voatz, which has a mobile voting application. Whether it’s voting for mayor or student body president or, hopefully eventually, national president, they help you do it on on your phone using our account verification technology, along with a bunch of biometrics, as one of their ways to prove that you are who you say you are.
You guys haven’t gotten involved in any of the virtual currency plays, right?
Within the incubator itself we haven’t. I’m personally super interested in the block chain, but most of those don’t leverage Yodlee data. Interestingly, Voatz, the voting company, actually records your vote on a blockchain. That makes sure it gets recorded, is immutable but also traceable. So one of the big problems people have with digital voting, the block chain effectively solves. It can be changed and you can actually track your vote.
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