Blockchain application platform Qtum has added Jeffrey Wernick to its advisory board.
He will assist with international growth and development.
“I meet with many people in the blockchain and cryptocurrency community, and what impressed me about Qtum is the people and their pursuit of intellectual integrity,” Mr. Wernick said.
“Qtum is committed to decentralization, and their approach to blockchain is more constructive and adaptive than anything else I’ve seen. Qtum is committed to open source where greater privacy is preserved, and greater benefits accrue to everyone participating in the ecosystem.”
Mr. Wernick began trading options and future while a student at the University of Chicago before moving on to Salomon Brothers and the National Bank of Detroit, where he was its youngest senior officer. He then founded a technology-focused venture capital firm and hedge fund to help distressed and bankrupt companies. He is also an angel investor.
“I have always kept myself anonymous, extremely private, and avoided any recognition of my name.,” Mr. Wernick said. “However, now I think the work being done in the blockchain ecosystem and, specifically with Qtum, it is vitally important to be building platforms that are decentralized and trust reinforcing; so, I am going all in.”
Qtum recently announced Ignition, its network launch. It provides a decentralized governance protocol and proof-of-stake consensus smart contract mechanism
“We’re committed to growing Qtum with guidance from the most experienced minds in technology and finance, and we welcome Jeffrey Wernick as part of this mission,” Qtum cofounder Patrick Dai said. “His background in trading, quantitative research, and venture investment gives him unmatched insights.”