Tezos Foundation, a non-profit, educational wing of the smart contract and Dapp platform, announced Roman Schnider, co-creator of PricewaterhouseCoopers Switzerland's blockchain initiative, to supercede Eelco Fiole as Chief Financial Officer.
Fiole was hired during a period of executive expansion, which Tezos President Ryan Jesperson called at the time, "An important step forward by strengthening its internal expertise and capabilities."
A leader within the blockchain community since its record-setting $232 million ICO in July 2017, Tezos has also been wracked by internal and external conflict.
Three lawsuits were filed in November 2017 accusing Tezos of false advertising and securities fraud, as XTC tokens were sold but not registered as securities.
Schnider first became familiar with Tezos protocol in July 2018, when he was hired to perform an independent, external audit of the firm, cited as the first time a major U.S. accounting firm worked with a large-scale blockchain organization.
At the time, Tezos commented, "We believe that accountability and trust will be central pillars of any successful entity operating in the blockchain space."
Schnider will join Tezos after over 14 years at PwC, where he served as financial director.
In 2016, he launched the department for blockchain and cryptocurrency assurance.
"Roman's experience makes him the ideal finance and operations specialist for our team. He is already familiar with the opportunities and challenges blockchain projects face and has a deep understanding of the Tezos Foundation from his time at PwC Switzerland," said Jesperson, in a statement.
Tezos currently has a market cap of $812,826,137 and sits at 19 in token rank on CoinMarketCap.
Tezos Foundation Snags Former PwC Blockchain Expert As CFO
gepubliceerd op Jun 12, 2019
by Coindesk | gepubliceerd op Coinage
Vermeld in dit artikel
This Ethereum Lottery Perfectly Explains How Facebook's Big Corporate Backers Will Profit from Crypto
To understand how early investors in Facebook's new Libra blockchain will make money over time, it helps to dig into a new lottery going live on ethereum mainnet Monday.
BIS Wants 'Level Playing Field' for Banks Amid Threat from Facebook
The Bank for International Settlements, often described as the bank for central banks, has issued its annual report for 2019, expressing concerns over the expected disruption as big tech firms like Facebook enter the financial space.
Bitcoin on Track for Best Second Quarter Price Gain on Record
View Bitcoin's 165 percent gain so far this quarter is the best second quarter performance on record and the highest quarterly percentage gain since the end of 2017.
Facebook Seeking Crypto Wallet Data Engineer, Regulatory Policy Expert
Social media giant Facebook, which recently revealed details of an ambitious plan to roll out a cryptocurrency called Libra, is seeking a data professional to work on the new network's wallet data, as well as a policy specialist to help with potential regulatory hurdles.