Visa's Blockchain Expert, Jon Downing, Joins BTL Group
- “I am joining BTL because I passionately believe in the transformational potential of blockchain and Distributed Ledger Technologies.”
BTL GROUP LTD. (TSX Venture: BTL) announced today that Jon Downing is joining its advisory board. He brings over 25 years experience at large global brands, including Visa, JPMorgan, HP Enterprise Services and American Express.
Over the last two years, Downing was a member of Visa Europe’s Innovation Hub, Visa Collab. He set up the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe practice at Visa Collab and was responsible for leading multiple proof of concept initiatives with startup companies including BTL - testing ideas across the Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl ecosystem, with a specific focus on the blockchain and cryptocurrency domain.
“I am joining BTL because I passionately believe in the transformational potential of blockchain and Distributed Ledger Technologies,” commented Jon Downing. “BTL have correctly identified and solved for the privacy and scalability challenges through the innovative design and architecture of their Interbit solution - which I directly experienced during the Interbank Settlement pilot, along with BTL’s focus on excellence, meeting and exceeding client expectations, along with building a compelling vision for the future. I look forward to working with BTL’s leadership team and board of directors to help realise the company vision of bringing the world’s critical systems into consensus.”
“BTL has had a strong start to the year with the launch of our European energy pilot and continuing work in the interbank-settlement space,” said Guy Halford-Thompson, BTL’s Chief Executive Officer. “We believe Jon’s experience in the finance space will help us accelerate commercialization of our Interbit platform. Jon’s domain expertise, as well as his experience growing and managing large teams, are critical skills which BTL will greatly benefit from as we continue to expand this year.”
BTL GROUP LTD. (TSX Venture: BTL) announced today that Jon Downing is joining its advisory board. He brings over 25 years experience at large global brands, including Visa, JPMorgan, HP Enterprise Services and American Express.
Over the last two years, Downing was a member of Visa Europe’s Innovation Hub, Visa Collab. He set up the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe practice at Visa Collab and was responsible for leading multiple proof of concept initiatives with startup companies including BTL - testing ideas across the Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl ecosystem, with a specific focus on the blockchain and cryptocurrency domain.
“I am joining BTL because I passionately believe in the transformational potential of blockchain and Distributed Ledger Technologies,” commented Jon Downing. “BTL have correctly identified and solved for the privacy and scalability challenges through the innovative design and architecture of their Interbit solution - which I directly experienced during the Interbank Settlement pilot, along with BTL’s focus on excellence, meeting and exceeding client expectations, along with building a compelling vision for the future. I look forward to working with BTL’s leadership team and board of directors to help realise the company vision of bringing the world’s critical systems into consensus.”
“BTL has had a strong start to the year with the launch of our European energy pilot and continuing work in the interbank-settlement space,” said Guy Halford-Thompson, BTL’s Chief Executive Officer. “We believe Jon’s experience in the finance space will help us accelerate commercialization of our Interbit platform. Jon’s domain expertise, as well as his experience growing and managing large teams, are critical skills which BTL will greatly benefit from as we continue to expand this year.”