The Financial Commission (FinaCom) continues to recognise the potential importance of distributed ledger technology, hiring blockchain specialist Vitaly Bulychev as the latest addition to its newly-formed ICO Certification Committee (ICC).
Vitaly Bulychev brings his extensive expertise of over 5 years as entrepreneur, investor and researcher in the field of distributed ledger technology. He has held senior advisory positions at several blockchain start-ups including Pandora Boxchain, a project of the global decentralized economy of artificial intelligence.
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Vitaly is a well-known thought leader in market infrastructure, regulatory developments and blockchain, having helped many crypto-related projects, including industrial-scale mining and the management of a private investor pool. Moreover, he has led business development throughout his career, focused on technology innovations in processing platforms, delegated democracy tools and solutions in the field of cybersecurity.
In addition to providing dispute resolution and certification services to the participants of forex, derivatives, and cryptocurrency markets, Financial Commission has recently extended its coverage to the crypto community and blockchain startups seeking to launch initial coin offerings (ICOs).
To facilitate the ICO certification process, the self-regulatory compliance specialist has established a dedicated panel to certificate and evaluate the merits of prospective token offerings. Taking guidance from its existing Dispute Resolution Committee, the ICC panel consists of fintech experts from various sectors.
Commenting on the appointment, Financial Commission Chairman, Peter Tatarnikov said: “We are pleased to welcome Vitaly Bulychev to the ICC and glad to see that the ICC is attracting a diverse range of blockchain industry experts and thought leaders across fintech. Vitaly Bulychev brings extensive experience to help support our efforts of improving standards and establishing a baseline of best practices that every ICO issuer should demonstrate as part of the ICO Certification process.”