SAN FRANCISCO--(BUSINESS WIRE)--Chia Network, Inc., a new energy-efficient decentralized blockchain founded by Bram Cohen, today announced the election of Jill Carlson to its Board of Directors. The addition of Carlson, a well-recognized crypto expert, will further build Chia’s strategic partnerships and rapid adoption among developers, financial firms, multinationals and governments.
“We’re delighted to welcome Jill to our Board, who brings unrivalled industry expertise to the Chia team,” said Gene Hoffman, President & COO of Chia. “Jill’s knowledge, combined with her alignment for our mission to radically improve global financial and payments systems, will help drive our business forward.”
“There are fantastic things happening in the crypto industry right now, and I’m thrilled to be joining the Chia team as we look to supercharge adoption and provide an eco-friendly way to deliver decentralized finance opportunities for people around the world,” added Carlson. “By working with developers and early adopters, we will be able to transform finance across all industries.”
Carlson is a Venture Partner at Slow Ventures, a San Francisco-based early stage venture capital fund. She invests in financial technology startups, crypto currency projects and protocols building and underpinning decentralized finance. She has held Bitcoin since 2013.
Additionally, Carlson is a Co-Founder of the Open Money Initiative, a non-profit organization that researches and publishes data on how those without access to a free an open financial system to manage their money. She also conducted academic research at Oxford University on the use of crypto currencies in emerging markets.
Carlson began her career on the emerging markets fixed income desk at Goldman Sachs. She holds a bachelor’s degree from Harvard University in classics and a master’s degree in global governance and diplomacy from Oxford University.
About Chia Network
Chia Network Inc. is a state-of-the-art open-source decentralized blockchain, digital currency and smart transaction platform. Founded by Bram Cohen, inventor of BitTorrent, the Company believes that “digital money” should be easier to use than cash, harder to lose and nearly impossible to steal. Using the first new secure Nakamoto consensus algorithm invented since Bitcoin, Chia operates an eco-friendly, secure and user-friendly system for cross border payments, issuing and exchanging financial assets, lending, escrow payments, institutional custody and distributed identity. Chia’s blockchain is based on “Proof of Space and Time” which has a significantly reduced carbon footprint compared to “Proof of Work,” used by all other crypto networks. Built on Chialisp, the company’s smart coin language, Chia’s blockchain allows its users to build and execute secure "smart coin" transactions.
The Company is funded by leading venture capitalists including Richmond Global Ventures, Slow Ventures, Andreessen Horowitz (a16z), Naval Ravikant, True Ventures, Cygni Captial, Galaxy Digital, Greylock, MetaStable, Stillmark, DCM, and others. Chia’s advisors include Dr. Dan Boneh, Research Partner at a16z and Applied Cryptography Professor at Stanford University; David Frazee, Managing Partner at Richmond Global Ventures; Katie Haun, General Partner at a16z; Dr. Krzysztof Pietrzak, Cryptography Professor of IST Austria. For more information, visit chia.net and connect with us on Twitter (@chia_project), Facebook, GitHub, Reddit, and LinkedIn.