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Johannes Kern

Johannes Kern is the managing director of the Frankencoin Association. Before joining Frankencoin Association, he built the smart contract automation platform Nerif and the startup talent platform cofoundme, and helped build one of the largest institutional web3 investors in Europe, L1D. Besides helping put Switzerland on the DeFi map, he is also active in DePin (decentralized physical infrastructure networks) as the chairman of the board of Roam Networks. Mr. Kern holds a M.A. in Business Management from the University of St. Gallen.

Toward a more perfect stablecoin

In theory, blockchain technology enables the creation of a financial system that is independent of centralized intermediaries or other single points of failure. In practice, the stablecoins used to transact on public blockchains heavily depend on their issuers or small groups of administrators. The Frankencoin seeks to enable the creation of money without banks or other trusted third parties.