NEW YORK, NY – 08/08/2024 – (SeaPRwire) – Kadena, renowned for being the only scalable Proof of Work (PoW) blockchain in the world, has made a strategic appointment by bringing on Jeff Cooperstein as the new Business Development Lead for Digital Assets. This move signals Kadena’s intent to broaden its influence in the blockchain industry and underscores its commitment to innovation and growth. Cooperstein, who has an illustrious career spanning over three decades in the financial services sector, brings a wealth of experience and expertise to his new role.
Cooperstein’s impressive track record includes notable stints at leading financial institutions and technology firms. At R3, a company known for its Corda private blockchain, he demonstrated his capabilities in working with financial service clients, helping them to leverage blockchain technology to enhance their business processes. His leadership and innovative strategies were instrumental in advancing R3’s market position. Before his tenure at R3, Cooperstein held the position of Managing Director and Global Head of Non-Brokerage Services at State Street. There, he was pivotal in expanding the company’s business revenue and formulating a comprehensive market data solutions strategy. His career also includes key roles at industry giants Wells Fargo and Thomson Reuters, where he honed his skills in financial technology and market data services.
The addition of Cooperstein to Kadena’s team comes at a critical juncture as the company seeks to further establish its unique Proof of Work blockchain in the public sphere. Unlike private blockchains, Kadena’s platform offers unparalleled scalability and security, making it an ideal choice for enterprises looking to implement blockchain solutions at a large scale. This strategic hire aligns with Kadena’s vision of transitioning from private to public blockchain infrastructures, thereby supporting a broader range of applications and use cases in the digital assets space.
Annelise Osborne, Chief Business Officer of Kadena, expressed her enthusiasm for the new appointment, stating, “Welcoming Jeff Cooperstein to Kadena is a significant milestone for our company. His extensive background in both blockchain technology and financial services uniquely positions him to contribute to Kadena’s growth and evolution. Jeff’s expertise will be invaluable as we continue to push the boundaries of what is possible in the blockchain space. His experience with private blockchains and his understanding of the financial sector’s needs make him the perfect fit for leading our business development efforts.”
Jeff Cooperstein shared his excitement about joining Kadena, emphasizing the company’s potential to revolutionize the financial systems through its scalable and secure blockchain solutions. He remarked, “In the rapidly evolving landscape of digital assets, joining Kadena marks a pivotal moment in my career. The platform’s infinitely scalable Proof of Work approach offers solutions that surpass the traditional limitations of existing blockchains. This unique positioning allows developers and businesses to innovate freely and transform global financial systems. We are not just building a platform; we are laying the foundation for the future of finance, where scalability meets security, and innovation has no limits. I am thrilled to lead our business development initiatives and help shape the next generation of blockchain solutions.”
Kadena’s continued focus on providing infrastructure-grade performance and its dedication to facilitating mass adoption of blockchain technology are evident in its strategic moves and visionary leadership. Founded in 2017 by Stuart Popejoy and Will Martino, who were instrumental in creating JP Morgan’s first blockchain and leading the SEC’s Crypto Committee, Kadena has consistently pushed the boundaries of what blockchain technology can achieve. The company’s smart contract language, Pact, along with its scalable PoW blockchain, provides developers with the tools they need to bring their ideas to fruition.
As Kadena continues to expand its team with industry experts like Cooperstein, it is poised to lead the next wave of blockchain innovation, offering a robust platform for the development of secure and scalable digital solutions. The company’s ongoing efforts to transition from private to public blockchain infrastructures signify a broader commitment to democratizing access to blockchain technology, enabling more enterprises to participate in and benefit from this transformative technology.
SOURCE: Kadena
by Arrow123
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