Blockchain Firm nChain Appoints David Washburn As CEO

Job Appointments | March 12, 2019 By:

Blockchain research and development firm nChain Group has announced that David Washburn will join its organization as Chief Executive Officer of its London-based nChain Limited.

Established in 2015, nChain’s mission is to enable massive growth of the bitcoin network – focusing on Bitcoin SV as the true bitcoin – and thus create dramatic increases in the value of Bitcoin SV. nChain has been researching and developing the ideas and concepts of its Chief Scientist, Dr. Craig S. Wright, who has been involved with bitcoin since 2009 and claims to be one of the earliest minds behind bitcoin.

Washburn, who holds a Ph.D in physiology and biophysics and has over 15 years of experience in capital markets, replaces Jimmy Nguyen as CEO. Nguyen has been appointed Chair of nChain’s Strategic Advisory Board and will also serve as the Founding President of the Bitcoin Association to help build the Bitcoin SV infrastructure and ecosystem.

“I am very impressed with nChain’s vast collection of patents and intellectual property rights that ensures it will continue to be at the forefront of blockchain performance for many years to come,” Washburn said. “The Bitcoin SV blockchain allows traditional banking enterprises — as well as a diverse range of businesses — with a more cost-effective and secure platform for executing transactions. It saves time and money, a foundational hallmark of any technological disruptor.”

nChain said that Washburn’s appointment further exemplifies the extraordinary growth and influence of blockchain technologies. nChain’s solutions provide the financial industry and a variety of other businesses with more efficient means to conduct transactions and greater digital security for assets.

“nChain’s professional service division has experienced significant growth over the last year, working with clients across financial services,” Nguyen said. “With the addition of David Washburn, we are looking to significantly scale and deliver value to all of our clients across the globe.”