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CEO of Telecoms Giant Swisscom’s Blockchain Unit Steps Down

CEO of Telecoms Giant Swisscom’s Blockchain Unit Steps Down

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30.” data-reactid=”18″>The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="As major local news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the executive accepted the position of president of the Crypto Valley Association. Speaking in comments to Swissinfo, Haudenschild said the two moves were unconnected.” data-reactid=”19″>As major local news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the executive accepted the position of president of the Crypto Valley Association. Speaking in comments to Swissinfo, Haudenschild said the two moves were unconnected.

The CEO declined to comment further on his decision to leave Swisscom, only mentioning that he would still remain a shareholder in Swisscom Blockchain. When asked about his future plans, Haudenschild declined to give details, telling Swissinfo:

“It is my fundamental belief that blockchain can fix things that are currently broken, such as financial inclusion and proof of provenance.”

Swisscom’s current CDO and head of digital business, Roger Wüthrich-Hasenböhler, is set to take over as acting CEO of the company’s blockchain unit, the press release reports.

According to Wüthrich-Hasenböhler, Haudenschild had played a key role in the establishment of Swisscom Blockchain in 2017, noting in the press release “he made blockchain-based solutions accessible to other companies.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="As Cointelegraph previously reported, Swisscom recently partnered with the Zurich University of Applied Sciences to create a certified e-signature for legally authenticating blockchain-based smart-contracts.” data-reactid=”25″>As Cointelegraph previously reported, Swisscom recently partnered with the Zurich University of Applied Sciences to create a certified e-signature for legally authenticating blockchain-based smart-contracts.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Haudenschild is not the only CEO in the blockchain industry to recently leave their post. Earlier this month, Cointelegraph reported that the CEO of blockchain media firm Po.et, Jarrod Dicker, had also stepped down from his position. Dicker left the firm to become vice president of commercial technology and development at the Washington Post, where he previously served as its vice president of innovation and commercial strategy.” data-reactid=”26″>Haudenschild is not the only CEO in the blockchain industry to recently leave their post. Earlier this month, Cointelegraph reported that the CEO of blockchain media firm Po.et, Jarrod Dicker, had also stepped down from his position. Dicker left the firm to become vice president of commercial technology and development at the Washington Post, where he previously served as its vice president of innovation and commercial strategy.

Related Articles:

  • Despite ‘Crypto Winter,’ Number of Blockchain Firms in Switzerland, Liechtenstein Grows
  • Local Media: Iran Reportedly in Talks With 8 Countries to Use Crypto Transactions
  • Swiss University ZHAW and Telecoms Firm Swisscom Develop E-Signature for Smart Contracts
  • Nestle: IBM Food Trust Blockchain Set to Expand to New Suppliers, Consumers in 2019

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