Blockchain
Polygon Hires Ex-Airbnb Director As Global Head of HR
Polygon, an Ethereum scaling platform onboarding millions to Web3, has hired Bhumika Srivastava, former Head HR & Director for Employee Experience at Airbnb, as its new Global Head of HR.
Bhumika’s 20+ years of experience directing HR will prove invaluable for Polygon’s continued commitment to sustainably onboard millions of new users to Web3. Bhumika will be instrumental in creating a robust HR strategy to support Polygon’s rapid growth and ambitious scaling objectives.
Web3 mainstream adoption is one of the organization’s biggest challenges, and employing people-centric solutions will maximize the potential of Polygon’s human capital in reaching its brand objectives. Bhumika will instill a solid HR strategy to improve employee experience and drive leadership and culture.
Bhumika’s previous experience with major Web2 brands like Snapdeal, Adobe, and Yahoo will likewise be crucial in supporting Polygon’s employee growth and HR strategy. Polygon has seen a rapid expansion of its fully remote global employee base, Bhumika’s experience will be crucial in guiding future expansion across Polygon’s in-house and remote workforce.
The announcement follows Polygon’s hiring of Tyler Sellhorn as Head of Remote, showing their further commitment to a fully decentralized workplace, with compensation and benefits packages on par with leading Web2 employers.
Polygon continues its culture of prioritizing employee experience, and in doing so becoming a major destination for top talent looking to enter Web3. Working at Polygon also means being at the very nexus of the latest developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain adoption by enterprises.
Bhumika Srivastava said, “I am delighted to be announcing my appointment as Global Head of HR for Polygon, a Web3 industry leader that truly understands the value of people. At Polygon, I will be joining a team with shared values of sustainability, inclusion, diversity and growth in an exciting and fast-growing industry. I look forward to the challenge of working with this ambitious group of highly talented people that values innovation to its core.”
The new hire continues Polygon’s recruitment of top-tier, C-level talent from leading names in Web2, including EA, Amazon, and Google. The expertise and insight from both the traditional and blockchain industries that the fast-evolving team brings will be invaluable in bridging the gap between Web2 and Web3. The new hires follow the appointment of Ryan Wyatt as CEO of Polygon Studios after his seven years in charge of YouTube’s gaming vertical.
Sandeep Nailwal, co-founder of Polygon, said: “Polygon is delighted to announce Bhumika Srivastava as our new Global Head Of HR. We are passionate about our staff and want to ensure that our employees have the best journey working in Web3. Bhumika brings a wealth of experience from her tenure at industry-leading Web2 organizations that we know will make a meaningful impact on our entire team, and that will support our ambition to also be industry leaders in corporate governance and employee experience.”
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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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