BTL Group adds innovation veteran to advisory board
The blockchain specialist said Jon Downing, most recently a key member of Visa Europe’s innovation hub, is joining its advisory team.
The blockchain specialist said Jon Downing, most recently a key member of Visa Europe’s innovation hub, is joining its advisory team.
Blockchain developer BTL Group, which operates in Canada and the UK, has named Jon Downing as a member of its advisory board. “Over the last 25 years, Jon has successfully delivered innovation, business and technology services at some of the largest and most respected global companies, including Visa, J P Morgan, HP Enterprise Services & American Express,” the company announced.
Over the past two years, Downing was a key member of Visa Europe’s Innovation Hub, Visa Collab, which was responsible for identifying and testing new developments in payments and developing them into commercial realities.He set up and led the blockchain practice at Visa Collab and was responsible for leading multiple high-profile proof of concept initiatives with key start-up companies including BTL, testing ideas for new products and services across the payments eco-system, with specific focus and thought leadership in the blockchain and crypto-currency domain.
“I am joining BTL because I passionately believe in the transformational potential of blockchain and distributed ledger technologies,” said Downing. “BTL have correctly identified and solved for the privacy and scalability challenges through the innovative design and architecture of their Interbit solution – which I directly experienced during the Interbank Settlement pilot.” Interbit, an open, multi-chain, asset settlement platform with a suite of application programming interfaces (APIs) and smart contracts, allows businesses around the world to provide global access to fast, secure, and auditable financial and asset trading services.