Algorand new CEO

Algorand Foundation Announces New CEO

CryptocurrencyNews
··1 min read

The Algorand foundation today announced the appointment of Staci Warden as their new Chief Executive Officer.

Before joining Algorand as a board member, Warden had quite a few prominent roles within the financial services and technology eco-system, including J.P. Morgan, the U.S. Treasury Department, the Center for Global Development, and the Harvard Institute for International Development.

More recently, Algorand’s new CEO headed up the Global Market Development practice at the Milken Institute, where she was responsible for overseeing blockchain solutions and innovative finance for sustainable development goals.

This will dovetail well with her role at Algorand, which has positioned itself as one of the most sustainable and energy-efficient blockchains. Algorand achieves this by using a Pure Proof-of-Stake Consensus Mechanism and transactions use a negligible amount of energy.

Kieron Guilfoyle, the Chairman of the Algorand Foundation Board said that Warden “understands the potential for Algorand to become a dominant Layer One blockchain, and she has the experience and expertise to drive our global efforts to scale and to deliver outstanding value”.

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