Coinbase's former Vice President for Business Development, International, and Listings, Nana Murugesan, has joined the Ethereum scaling solution firm Matter Labs as the President. Murugesan will lead the firm's operations, which encompass marketing, communication, finance, and legal.

According to LinkedIn, he previously served as the Managing Director of International Markets and Mobile Partnerships at Snap for more than three years. Besides that, Murugesan dedicated nine years to working as the Vice President and General Manager for Services and New Business at Samsung Electronics.

Blockchain Scaling Solutions

Alex Gluchowski, the Co-Founder and CEO of Matter Labs, mentioned: "We are excited to welcome Nana to the Matter Labs team, where his expertise will be instrumental in advancing our vision to scale blockchain technology to a mainstream audience, powered by zero-knowledge technology."

"Nana's unique combination of world-class scaling experience and deep industry insights will be invaluable. His proven leadership skills will play a pivotal role in driving the growth of our cutting-edge engineering solutions and fortifying our go-to-market strategies as we build the future of finance."

With a background in electrical engineering, computer engineering, and business administration, Murugesan brings a multidisciplinary approach to his new role at Matter Labs. He is expected to lead the development of engineering solutions in 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 Read this Term technology at the firm, which has more than 60 employees across nearly 35 countries.

Murugesan Targets Blockchain Adoption

Matter Labs is a research and development company that focuses on creating technology solutions for scaling the Ethereum blockchain. Some of its solutions include zero-knowledge technology, which aims to facilitate fast, secure, and scalable transactions.

Speaking about his appointment, Murugesan said: “I’m thrilled to join Matter Labs during this crucial phase. With zkSync, we’re tackling the end-game of blockchain scalability and enabling practical applications with developers to bring in the next billion users.”

“My experience with scaling high-growth companies will help as we expand our community and partner ecosystem around the world. I look forward to partnering with Alex and the team on this ambitious mission to accelerate the ongoing financial revolution.”