In our ongoing series introducing you to the people working to deliver the world’s first decentralized securities network, meet Christian Saucier, one of its founders.
Blame speculators. Blame the bitcoin civil war. Blame the people who maintain the crypto currency’s critical infrastructure. The reason why Equibit has built such a strong, stable and adaptable blockchain is the dynamic nature and speed of the crypto space itself.
This isn’t boasting. It is simply the bi-product of a year of exceptionally hard work by company talent and its core development team, explains Christian Saucier, the person responsible for end-testing all of Equibit Group’s design frameworks, one of the company’s founders and the mastermind behind it’s quality assurance protocols. Equibit Group’s network quality has evolved so rapidly because of the innovation that’s come before it, he says.
Bitcoin's fork last year allowed us to implement the best solutions for our own blockchain
“It was easy for us to learn from Bitcoin. Their fork last year allowed us to implement the best solutions for our own blockchain,” he explains from our office in Toronto, while discussing the genesis of the company and its use of segregated witness, adjustable block size, variable difficulty levels and atomic swaps in Equibit frameworks. “We’ve had the privilege to build our network on the shoulders of other giant innovators. The most important aspect for us, and what I focus on now, is making sure that network investment remains safe and secure.”
Decentralization: early beginnings
In what now seems like another life, Saucier spent two decades in various consulting roles prior to Equibit Group. Decentralized networks first appealed to him while attending the 2013 New Hampshire Liberty Forum - a crypto, education and libertarianism conference held in the freedom state (where else?). By that point, he’d been mining bitcoin for over a year and saw huge applications for its underlying technology; the scope and importance of the movement itself, however, hadn’t yet become clear. “Once it hit me,” he says, “I very deliberately changed my life.”
Growing up in the province of Quebec in Canada and earning a B.Sc. in Computer Science from the University of Sherbrooke, he spent the early part of his career working for IBM, doing what corporate consultants do, he remembers: “traveling from client to client, trying your best to understand their problems, and designing and implementing solutions.” From there, he held several director-level roles with Hill-Rom, a healthcare systems provider.
In 2014 after progressively deepening his interest and involvement in crypto, he started working with a startup called Blockchain Factory, a firm specializing in blockchain development, cryptocurrency project management, and mining support. Nathan Wosnack, Equibit Group’s Chief Blockchain Officer, was the founder. Through Wosnack and Blockchain Factory, Saucier linked up with Equibit Group CEO, Chris Horlacher. He remembers being immediately excited to work on a project related to decentralization that would potentially change capital markets. About the opportunity, he adds: “building a peer-to-peer system that would enable us to scale further than before, to reach and hopefully benefit a greater percentage of the 7.6 billion minds living on this planet - that’s what led me here.”
The criticality of QA
Saucier says the integrity of quality assurance protocols at every stage of the software development lifecycle will be critical to Equibit as it continues to scale. “We need quality requirements, quality analysis, quality software, quality documentation, quality integration,” he explains. “We also need business development, customer support, and software development. A lot of what I focused on at IBM has become an increasingly relevant for Equibit as we work toward bringing the benefits of blockchain to issuers and investors.”
“Crypto and financial markets are a perfect match for one another,”
Day-in day-out, his primary focus is on making sure quality processes reach broadly across the development team and the user communities who have interest in the network’s success. “Crypto and financial markets are a perfect match for one another,” he says, “but it has to function properly. Our blockchain is fully transparent, auditable, and temper-resilient; it’s a peer-to-peer system that aims to improve our ability to trade and collaborate with one another.” The right QA protocols will ensure the network’s quality and performance.
The future of equity and debt markets
“The creation of Bitcoin surprised everyone,” says Saucier, when discussing crypto market regulations and the future of securities innovation. “The regulators were also caught off-guard and they are now surprising us with their various, often very odd, interpretations of this new technology.”
“Blockchain development projects and innovators are gravitating towards crypto-friendly jurisdictions, the likes of which are evolving in Switzerland, among other places.” Being based in a jurisdiction that encourages this kind of innovation will be critical, he says, as he continues to focus on quality assurance in the Equibit network.
“I’m most passionate about liberty and the technological singularity. Despite the wars and evils in the world, I believe this is the most amazing time to be alive as a human on earth. Every day brings about new innovations. I can’t wait to see the ones coming out tomorrow.”