Blockchain
Former Cisco Germany CEO and Senior VP Central Europe Michael Ganser joins peaq to spearhead enterprise strategy
Peaq Foundation, the non-profit organization supporting peaq, the blockchain for real-world applications announces Michael Ganser has joined in an executive role with a focus on building out peaq’s enterprise strategy. Michael Ganser is the former CEO of Cisco Germany and Senior Vice President Central Europe. He’s also an investor and startup mentor, and has been advising the peaq team in a non-executive role for four years. With decades’ worth of business experience, Michael will help to guide the growth of the peaq ecosystem and spearhead peaq’s reach into the enterprise space, building up on existing collaborations with Bosch and other industry leaders.
As one of peaq’s early investors, Michael lent his entrepreneurial experience and knowledge to back peaq during the crucial years of building and testing. In the run-up to the mainnet launch, he is expanding his involvement in the project, aiming to bolster peaq’s appeal for traditional businesses and enterprises through his vast network and deep knowledge of the Web2 and corporate space.
“peaq’s vision and the impact it will create has the potential to make it one of the most influential projects for this decade and beyond,” says Michael Ganser. “The combination of Web3, IoT and AI will be a major innovation and growth driver across the world. The benefits of real world asset tokenization and generating new income sources for Enterprises and Consumers will bring Web3 at the forefront of many business innovations. I had the opportunity to get to know the world class team behind peaq for many years and it is my great pleasure to join the Foundation in an executive capacity and support innovative Enterprises in the transition from Web2 into the Web3 future.”
Michael joined Cisco, one of the largest IT and networking companies in the world, in 1996 as its general manager/CEO for Switzerland. From there, he held a variety of leadership positions in the company, including VP for Service Provider, VP Central-Eastern Europe, CEO for Cisco Germany, and Senior Vice President for Sales Germany, Austria, Switzerland and Eastern Europe. Under his leadership, Cisco won multiple awards, including being recognized multiple times as the best company to work in several countries.
“Michael’s knowledge and reach will be vital for peaq as we approach launch,” says Till Wendler, peaq’s co-founder. “In many ways, this is a continuation of Michael’s life’s work of laying the foundations for the internet and the Internet of Things. As a long-time trusted advisor and friend, he is the perfect addition to the team, and his leadership and management skills will be crucial to establish peaq as the backbone of the Economy of Things. peaq’s mission is to fundamentally transform the way we manage our devices and connected infrastructure. Michael is the perfect person to convey this vision to the boardrooms of machine manufacturers, whose involvement will be important for the ecosystem’s long-term growth and adoption.”
The post Former Cisco Germany CEO and Senior VP Central Europe Michael Ganser joins peaq to spearhead enterprise strategy appeared first on HIPTHER Alerts.
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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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