The Ledger
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Latka: Major stadiums will never mandate digital wallets for entry
“So like, how do you convince FedEx field and land over Maryland where the Washington football team plays to announce ahead of the game that you must bring your bindle wallet on your phone and show it at the entry. They're never going to do that because it's go…”
Corton: Five dollars per seat for health verification is too expensive
“You know, like industry benchmarks are like dollars per, you know, dollars per seat, right? Like five dollars per seat. And so we just feel like the price point should be much lower.”
Corton: Bindle will not displace paper vaccine cards
“We think that we think that the Bindle solution needs to coexist with paper, like for as long as we can imagine. I don't think that this solution will displace paper.”
Bindle split founding equity evenly among its six co-founders
“Makes it easy. It makes the math easy.”
Clear competes directly with Bindle for NFL health credential contracts
“We talk about, you mentioned clear the airport security company. They're doing a lot of health credentials type business and competing for the NFL teams that we're talking to as well.”
Corton: Bindle has 200 active clients
“Oh, like, we've got, like, we've got 200 active clients right now.”
Bindle is in talks with NFL, NBA, and MLB teams
“We've been talking to specific NFL teams and to NBA teams and maybe major league baseball and they're, and they say things like, Hey, if the pandemic gets worse, we're just going to stop.”
IBM competes with Bindle as New York's health pass vendor
“And we're competing with IBM, which is the service provider for the state of New York. And they've got, you know, they've got a solution in the market and you know, that's our competitive base.”
Bindle converts health records into cryptographic tokens on smartphones
“And in the case of what Bindle is doing, we've decided to take health credentials like vaccine records and test results, turn them into tokens that you can carry around on your phone that are cryptographic assets that are encoded, that are yours, that you can …”