The interest in cryptocurrency technology among mainstream banking and financial institutions is unwavering. At the same time, people who have been with the mainstream financial institutions are finding the cryptocurrency sector more appealing owing to their companies’ involvement in distributed ledger technology. Like many individuals in the past, Tom Jessop — who previously held the position of Managing Director, Technology Business Development and Chief Financial Officer of the Technology Division at Goldman Sachs has now filled in the post of President at Chain.

Chain, the US-based enterprise-level blockchain solutions provider backed by NASDAQ announced the new development in a recent press release. According to the release, Tom Jessop will be reporting to the CEO of Chain – Adam Ludwin. As a part of his new job profile, Jessop will be handling Chain’s entire commercial operations.

Jossep’s inclusion into the company will help Chain leverage on the new president’s vast experience in mainstream banking technology domain. Speaking about Jossep’s accomplishments and the value he brings to the organization, Ludwin said,

“Blockchain technology is market technology, re-imagined. Commercializing this breakthrough model requires forging deep partnerships across a market and driving change that benefits every participant. Tom has done exactly that, repeatedly, over his tenure leading business development and strategic investments at Goldman Sachs. He is an accomplished leader who brings an impressive combination of operational expertise coupled with widespread recognition as a strategic thinker in the financial technology, capital markets, and blockchain industries. We are thrilled to have him join our management team.”

Chain has been working relentlessly on creating secure blockchain systems for implementation in large enterprises. The platform recently entered into a partnership with Thales to further enhance the security features for storing and generating keys by adopting the company’s hardware security modules.

Jossep’s career move from banking to blockchain is not the last of such migration the industry is going to witness. As digital currency technology gains prominence, the financial sector can expect higher levels of attrition in its high-level ranks.

Ref: PR Newswire | Image: NewsBTC