Jay Pollak is head of strategy and business development at the VerifiedX Foundation, which is developing a decentralized Layer 1 blockchain and Bitcoin sidechain. The network's core innovation is Verified Bitcoin (vBTC), a non-synthetic, non-custodial, 1:1 Bitcoin-backed token, fully audited by Halborn, that makes Bitcoin programmable: spendable, lendable, and vaultable without bridges or centralized intermediaries. VerifiedX's consumer app, BFLY, lets anyone send Bitcoin or stablecoins for a flat penny per transaction with no seed phrases, no variable fees, and no wallet complexity. Blockdaemon provides institutional-grade DeFi yields accessible to everyday users on the platform.
