I recently had the chance to talk with Alex Kampa who is the founder of Sikoba. We discussed the blockchain company as well as the concepts of peer to peer IOUs and informal credit.

Sikoba is a decentralized platform based on peer-to-peer IOUs and built on blockchain technology.

Participants who know and trust each other in real life grant each other credit lines in the Sikoba system. They can then pay each other using IOUs which can be cleared; tallied and offset on a rapid and ongoing basis.

These peer-to-peer credit relationships are governed by contracts with specific conditions, fee structures, and repayment rules.

These are some of the questions we went over:

• Can you introduce yourself a little bit? – 0:13

• How busy are you now / How does your day look? – 0:38

• Can you give us a brief introduction to Sikoba? – 1:23

• What gave you the idea and when did you start it and or begin to discuss the idea? – 6:50

• What are some of the use cases for Sikoba? – 9:05

• How can people feel confident in relying on peer-to-peer IOUs in a decentralized platform? – 11:52

• What are the next big updates for Sikoba to release soon or that are in the works? – 14:10

• Where does Sikoba fit in with other similar projects, how does it differ, or is it completely unique in the space? – 15:05

• Where do you see Sikoba going in the next year? The next 5 years? – 17:22

• Will you or any of your team be attending any upcoming crypto or blockchain related events? – 20:00

• Can you share with everyone where they can go to learn more about this? – 21:20

• Brief demo & walkthrough of Sikoba – 22:00

Check out https://www.sikoba.network/ for more information and to learn more about what they have to offer.

I apologize for the demo at the end, it’s a little hard to see, but he explains it well as he goes through the process.

Let me know what you think about this in the comments below and don’t forget to subscribe!