A former economic adviser to U.S. Pres. Donald Trump has joined the board of blockchain-related tech company Spring Labs.
Gary Cohn — former chief economic adviser to U.S. Pres. Donald Trump — has joined the board of advisers of blockchain-related tech company Spring Labs, according to a press release published, Oct. 12.
In addition to serving in the Trump administration, Cohn has previously worked as COO of American banking giant Goldman Sachs, and most recently served as a director of the U.S. National Economic Council. In the release, Cohn states that he has been “very interested in blockchain technology for a number of years.”
Working as Donald Trump’s chief economic adviser in 2017–2018, Cohn was responsible for the administration’s tax reform, which came into force last December. Moreover, Cohn was oversaw the administration’s international and domestic economic policy agenda.
Chairman and CEO of Spring Labs Adam Jiwan says his company expects Cohn to implement his knowledge of financial markets in the blockchain sphere:
“Gary brings a wealth of experience in understanding the complexities of the global financial markets and an unparalleled network….”
Spring Labs is a U.S.-based tech company that uses blockchain solutions to swap identity and assets information between banks and companies. The company is in the process of building its Spring Protocol, which it claims will “[enable] network participants to exchange valuable information without sharing underlying source data.”
As Forbes revealed in March, Spring Labs managed to raise $14.7 million in early-stage investment just four months after it was founded.
Spring Labs also managed to attract Brian Brooks — a chief legal officer at crypto exchange Coinbase — to its advisory board. Brooks previously worked as general counsel at the U.S. Federal National Mortgage Association, known as Fannie Mae.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.