Blockchain
Aventus announces Walter Kok as Strategic Advisor & Board Member
Former CEO of Energy Web and Director at ING Bank, BT and Vodafone joins Aventus’ executive team as the enterprise-grade blockchain scales up enterprise offering
8 November 2022 – London: Enterprise-grade blockchain Aventus today announces that Walter Kok has joined the executive team as Strategic Advisor & Board Member.
In his new capacity, Kok will help guide the strategic direction of Aventus alongside Founder & CEO Alan Vey as the blockchain continues to scale up its enterprise offering, following a series of partnerships, including with Scytale Ventures and Parity Technologies. Kok will also support Aventus’ business and partnership growth, leveraging his prior experience at Energy Web, Vodafone and other large enterprise firms.
Kok brings more than three decades of experience leading customer solutions and operational teams in complex, global organisational environments, and is also Chair of the Board of Energy Web A.G., the largest open-source ecosystem focused on decentralised technology and the energy transition. He is also the former CEO of Energy Web, during which time he brought the blockchain business live and established significant growth in expanding the enterprise ecosystem.
Prior to joining Energy Web originally as COO, Kok was COO of bank-wide operations at ING Bank. Kok’s prior experience also includes senior board positions at Vodafone Global Enterprise, BT, NEC Corporation and several startups. He holds a Master of Science in Blockchain and Digital Currency from the University of Nicosia and a Master of Science in computer systems networking and telecommunications from the Eindhoven University of Technology.
Alan Vey, Founder & Chairman, Aventus, comments: “This marks a significant milestone in Aventus’ journey. Walter brings important experience and expertise that will be essential in realising our ultimate goal of bringing blockchain to businesses in any ecosystem, and I can’t wait to see what’s next for Aventus with Walter’s guidance.”
Kok says: “Aventus has made great strides to date in bringing blockchain solutions to businesses around the world. I look forward to joining the team and using my experience to further shape Aventus’ strategic vision to bring the transformational capabilities of Web3 infrastructures and solutions to life for the enterprise sector.”
About Aventus
Aventus is an enterprise-grade, carbon neutral blockchain that marries the scale of a permissioned blockchain with the security and interoperability of public blockchains — with none of the drawbacks of either world.
Founded in 2016, Aventus makes building on Polkadot, Ethereum and beyond accessible, bringing interoperable, scalable and sustainable blockchain solutions to businesses. In its first year of operation, the Aventus Network has onboarded over 25 million transactions for business clients.
Aventus’ mission is to enable companies in any ecosystem to capitalise on a vast series of use cases – including NFTs, video games, loyalty schemes, event ticketing, supply chain provenance, and cargo management – via enterprise-grade modular architecture and future-proof themselves via blockchain interoperability.
Media contact
[email protected]
Source: RealWire
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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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