Tezos Foundation Bolsters Leadership Team, Names CFO

The Tezos Foundation, a platform for decentralized applications and smart contracts, announced this Friday morning that it has expanded its leadership team with three new appointments.

Joining the company is Attorney at Law Ulrich Sauter, who has has been appointed as General Counsel of the Tezos Foundation, Eelco Fiole, investment executive and adjunct professor for finance ethics, as the Chief Financial Officer and 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 and tech entrepreneur Lily Liu as an advisor to the board of the Foundation.

Tezos is well-known for its internal squabbling over money and being sued by multiple law firms. Following the launch of its Mainnet Mainnet A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full c A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full c Read this Term in the summer of last year, the company is now looking towards the further development and support of its blockchain protocol and its ecosystem.

Ryan Jesperson, President of the Tezos Foundation, said on the new appointments: “With the appointment of two senior executives, the Foundation is taking an important step forward by strengthening its internal expertise and capabilities. We look forward to having Ulrich Sauter, Eelco Fiole and Lily Liu working with the Foundation and bringing crucial governance, financial and industry specific experience.”

The qualifications of the new Tezos team members

Sauter comes aboard the Tezos Foundation with more than two decades worth of professional experience in the financial and legal industries. Currently, he is also employed as counsel for Naegeli & Partners Attorneys at Law Ltd.

Fiole also brings more than twenty years worth of experience in the financial services industry to his new role at Tezos. At present, he is the co-founder and sole managing partner of Alpha Governance Partners, an international risk-governance focused fiduciary services firm.

“Observing the increasing maturity and institutionalization in the blockchain space, Tezos is excellently positioned to be a leading model for robust governance, supporting cutting-edge technological development and protocol adoption globally,” Fiole commented on his new role.

Last but not least, Liu, who has been part of the advisory board since November of last year, has a background in private equity and blockchain. She co-founded Earn.com, a blockchain startup, which was acquired by Coinbase last year. In her new role at Tezos, she will work closely with the board and advise on strategy and ecosystem development.