Mogo Finance Technology Inc. (OTCQX: MOGOF) (TSX: MOGO), one of Canada's leading financial technology companies and a provider of innovative financial products to consumers, today announced that blockchain pioneer and expert, Anthony Di Iorio has joined Mogo as a Special Advisor to support the upcoming launch of Mogo's recently announced cryptocurrency account and new strategic partnership opportunities in blockchain and cryptocurrencies.
Di Iorio is the co-founder of Ethereum, an open-source, blockchain-based distributed computing platform. Currently, he is the CEO and founder of Decentral Inc., where he created the Jaxx.io multi-asset blockchain interface. Jaxx is a multi-token blockchain wallet that enables crypto-to-crypto buying and selling with frictionless in-wallet conversion. Di Iorio is also the founder of the Blockchain Association of Canada, an industry-funded association that serves as a strong advocate for blockchain technology in Canada and works with all levels of government and other stakeholders to support employment growth and career opportunities in blockchain technology.
"We are incredibly pleased to welcome Anthony to the Mogo team. He is an accomplished entrepreneur and business leader and widely regarded as a thought leader in blockchain and digital currencies," said David Feller, Founder and CEO of Mogo. "Having one of the co-founders of Ethereum join Mogo is a major milestone for us as we look to leverage blockchain in our platform and business. Ethereum is not only the third largest cryptocurrency by market cap1 but also a blockchain based platform featuring smart contract functionality that is being used to build out thousands of applications, and its potential in financial services cannot be overstated."
"If the Internet unlocked information, blockchain is unlocking value transfer. Mogo has built a powerful platform that is empowering the next generation of Canadians to gain control of their financial health with innovative digital finance products," said Di lorio. "Blockchain and cryptocurrencies are a natural extension for Mogo as it's a truly disruptive technology that can remove expensive manual processes that are traditionally used by financial institutions and ultimately help consumers. The company's large fintech team, quickly growing member base and increasingly recognized brand are a massive advantage in an industry where trust and scale matter."
Greg Feller, President and CFO of Mogo, added: "Blockchain technology will clearly have a profound impact on the next generation banking experience, and we are excited to add Anthony to the team as we advance our product roadmap and work to leverage the power of our technology platform to make cryptocurrencies accessible to more Canadians."
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