Blockchain
Former Cash App Engineering Lead Joins MobileCoin as Vice President of Engineering
Global End-To-End Encrypted Payments Platform, MobileCoin, Taps Former Cash App Engineering Lead, Alan Paulin, to Join as Vice President of Engineering.
San Francisco, California–(Newsfile Corp. – March 4, 2022) – Alan Paulin, former Engineering Lead at Square’s (now Block) Cash App, has officially joined MobileCoin as Vice President of Engineering. He is the second Square executive to make the switch since Bob Lee joined as Chief Product Officer last November. After nearly nine years managing development teams for the prominent finance platform, Paulin will now lead the engineering organization at the company. MobileCoin is the only mobile-first, carbon negative payments platform built ground up for a digital cash economy while retaining the benefits of physical cash.
The Canada native boasts over twenty years of industry experience, specializing in backend engineering and creating mobile applications. He previously served as Senior Development Lead at Microsoft, where he helped design the company’s geospatial mapping platform, Virtual Earth. Later, he spearheaded several e-commerce services for Google, developing his potent interest for bringing consumers and merchants closer together.
In 2013, Paulin joined Chief Technology Officer Bob Lee at Square as part of the founding team for the company’s digital finance service, Cash App. As one of the earliest members of their Canadian office, he was instrumental in growing its engineering team. For Cash App, Paulin built many of the foundational systems, as well as building its first Android app. He also helped shape Square’s engineering Career Ladder, promotion process, and hiring framework. In the last three years, Paulin has constructed and led a new Cash App engineering organization focused on building credit products and services.
“In traditional payment networks, credit card fees and geographic location really impact a merchant’s bottom line and drive up prices for consumers,” Alan said. “With a secure, fast, compliant, and carbon negative blockchain, MobileCoin has the opportunity to build its own global payments experience, outside the shackles of traditional networks, that’s advantageous for both buyers and sellers.”
“Alan has spent more than twenty years as an innovative developer, designing intuitive applications, growing successful development teams from scratch, and bringing his experience to each new challenge,” said Joshua Goldbard, CEO and Founder of MobileCoin. “That longevity and consistency is a rare thing. What we’re building at MobileCoin is the new Bell Labs, a crucible of incredibly talented people working on the hardest problems in cryptography to build the best payments experience in the world. I can’t think of anyone better than Alan to add to our team for this mission.”
“A tenet I’ve lived by and often shared with my engineers is ‘follow the growth’,” said Paulin. “Right now, I see a lot of growth and potential with MobileCoin. Josh and the team have created a terrific platform that has the capacity to fundamentally change the future of commerce and digital payments. I couldn’t be more excited to work with their talented engineers and help shape that future.”
About MobileCoin:
Mission-driven, MobileCoin is democratizing the digital payment system by enabling lightning-fast, sustainable, compliant and easy global transactions. Guided by the belief that privacy is a right, MobileCoin leverages encrypted blockchain, an opaque ledger, and cryptographically protected transactions. Development of the MobileCoin ecosystem is spearheaded by the MobileCoin Foundation. The company is headquartered in San Francisco. For more information, please visit mobilecoin.com.
Media Contact
Name:- Matthew Aversa
Company Name :- MobileCoin
Email Id :- [email protected]
Company Website :- https://mobilecoin.com/
PR Contact:
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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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