Blockchain
iMining Announces Appointment of Khurram Shroff as Chair of the Board of Directors
Vancouver, British Columbia–(Newsfile Corp. – April 27, 2021) – iMining Blockchain and Cryptocurrency Inc. (TSXV: IMIN) (the “Company” or “iMining”) today announced the appointment of Khurram Shroff as the Chair of the Board of Directors of iMining, effective May 4th, 2021.
Robert Eadie, Chief Executive Officer of iMining said: “We’re excited to welcome such an experienced and respected leader of Khurram’s caliber to the firm as Chair of the Board. Khurram’s leadership of various blockchain businesses through several cycles of growth, innovation and transformation, as well as his insights and relationships, will be invaluable to iMining as we facilitate the institutionalization of cryptocurrencies as an asset class.”
Mr. Shroff has over ten years of experience in the blockchain industry. He was most recently Chairman of IBC Group. In this role, Mr. Shroff acted as a trusted advisor for some of the most prominent projects in blockchain and oversaw the implementation of the firm’s moving from Dubai to Toronto. Mr. Shroff built his career in working for Canadian Family office in real estate, rising to top roles, including leading some real estate projects globally as well as other business investments across Europe, Middle East and Africa. He also served as a civilian sponsor and member of Canadian Armed Forces College and is a member of the University Club of Toronto.
Gary Arca, Board Member and CFO of iMining, said: “Mr. Khurram Shroff will bring an invaluable global perspective to iMining, and we’re confident that our rapidly evolving business units in Digital Asset Staking, Mining, Asset Management, Investment Banking, Principal Investments, and Trading will all benefit from his growth orientation and close involvement with the Board and our team.”
“I’m excited to join the iMining Board of Directors and as Chairman, to help guide the Company through its next cycle of global expansion as it continues executing on its mission of bringing cryptocurrencies and digital assets to the world’s leading institutions,” said Mr. Shroff. “I look forward to working closely with the iMining team as they build on their early-mover advantages.”
iMining also announces the departure of Anders Nilsson as a director of the Company. The Board wishes to express its gratitude to Mr. Nilsson for his years of service and wishes him every success in his future endeavours.
ON BEHALF OF THE BOARD
iMining Blockchain and Cryptocurrency Inc.
Signed “Robert Eadie”
Robert Eadie, President & Chief Executive Officer
FOR FURTHER INFORMATION, or to arrange an interview with any of our team, please contact:
iMining Corporate Offices:
Robert Eadie, Chief Executive Officer and Director, iMining
Email: [email protected]
Telephone: 1-604-602-4935 ♦ Facsimile: 1-604-602-4936
Toll Free: 1-866-602-4935
Evan Eadie, Corporate Development
Email: [email protected]
Telephone: (604) 602-4935 ext. 203
Toll Free: 1-866-602-4935
About iMining Blockchain and Cryptocurrency
iMining is a growth oriented, TSXV-listed company, focused on linking traditional capital markets with blockchain investment opportunities. The Company provides retail and institutional investors a safe and secure way to stake Ethereum 2.0 using proprietary and secure proof of stake methods. We are driven by our core values to operate with transparency, efficiency and sustainability as we work toward building long-term shareholder value.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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