The company will benefit from his extensive experience in the technology and services sector, particularly as the company transitions into a global enterprise.
Rothwell said:
“This technology will change how people view the blockchain industry, setting the company apart from anything we’ve seen to date.”
Rothwell adding that what excites him most is that
“we are starting on the ground floor and building a very powerful product, one that will be life-changing for many people.”
Ashley Norman, recently HP’s commercial graphics divisional manager, is slated to be the new chief operating officer. During his time with HP, Norman worked with regional sales managers to achieve 10 years of consecutive growth, becoming an expert in market trend identification and global product launches.
Both leaders said that the XTRABYTES platform will dramatically advance the commercial adoption of decentralized applications. They intend to enter an array of markets by fully utilizing the company’s versatile development technologies.
It’s that kind of potential – and an industry valuation that has more than doubled within the past year alone – that has attracted the two executives to join other leaders including Matt Huang from Sequoia, Amber Baldet from J.P. Morgan Chase, and Chris Matta from Goldman Sachs in accepting positions within the blockchain industry.
Norman said:
“When Allen met with me and discussed XTRABYTES, I knew from my experience that this product had the potential to make a lasting impact on the market and that I wanted to be a part of that success.”
XTRABYTES is currently drafting several patents for its blockchain technology. This includes its Proof of Signature (PoSign) consensus algorithm, a radical departure from how current cryptographic methods function. The decentralized network will provide users with an unparalleled level of security, speed, and increased energy efficiency. It will also be completely scalable, utilizing 3,584 separate ‘STATIC’ nodes.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.