Daniel Kelman: What Bitcoin Did

Governments start to compete for crypto companies - Daniel Kelman | Humans of Bitcoin Podcast

Governments start to compete for crypto companies - Daniel Kelman | Humans of Bitcoin Podcast submitted by SweetSweetCrypto to btc [link] [comments]

Mt. Gox Interviews: Mark Karpeles, Jed McCaleb, Brock Pierce, Andy Pag, Daniel Kelman and Kim Nilsson /r/Bitcoin

Mt. Gox Interviews: Mark Karpeles, Jed McCaleb, Brock Pierce, Andy Pag, Daniel Kelman and Kim Nilsson /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Governments start to compete for crypto companies - Daniel Kelman | Humans of Bitcoin Podcast by Bitcoin.com - Official Channel

Governments start to compete for crypto companies - Daniel Kelman | Humans of Bitcoin Podcast by Bitcoin.com - Official Channel submitted by cashman04 to FindBacklink [link] [comments]

Daniel Kelman tells his story on the Humans of Bitcoin podcast.

Daniel Kelman tells his story on the Humans of Bitcoin podcast. submitted by Bitcoin-Com to btc [link] [comments]

Roger Ver and Daniel Kelman discuss the state of Bitcoin Cash as Top Exchanges declare ABC the winner.

Roger Ver and Daniel Kelman discuss the state of Bitcoin Cash as Top Exchanges declare ABC the winner. submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Interesting Articles on VeChain's Past Tying to Relevance Today (Sourced)

Hey community,
Been lingering here since 2017. Was bored tonight so grabbed a couple beers, hopped on Google and searched VeChain filtering dates back to 2016 & 2017. Figured I'd pop some articles here with a bullet or two under each containing the information I found relevant. If you find anything else relevant, whether it's information in the sources, or other dated, lets get a discussion going!

March 7 2016 https://siliconangle.com/2016/03/07/technology-startup-highlights-from-blockchain-conference-sf-2016-blockchainsf/

April 29 2016 https://bitcoinmagazine.com/articles/ibm-launches-blockchain-cloud-services-and-releases-hyperledger-code-on-bluemix-1461950136

June 30 2016 https://bitcoinmagazine.com/articles/hyperledger-global-expansion-adds-seven-new-members-to-blockchain-initiative-1467302290

August 23 2016 https://36kr.com/p/5113398 (page needs translation for English readers)

October 27 2016 https://siliconangle.com/2016/10/27/bitcoin-weekly-new-mobile-wallet-technology-and-blockchain-implementations-emerge/

November 14 2016 https://www.nfcworld.com/2016/11/14/348460/fashion-brand-adds-nfc-blockchain-authentic-personal-clothing/

September 14 2017 https://www.fooddive.com/news/how-blockchain-will-restore-consumer-confidence-in-food-safety/503846/

December 25 2017 https://news.bitcoin.com/no-tout-six-token-sale-questions-clarified-by-the-sec/

December 30 2017 https://www.coindesk.com/china-blockchain-maybe-2018
submitted by l00se_g00se to Vechain [link] [comments]

VeChain Apotheosis: The Beginning – Masternodes, New Partners, Big Exchanges, and a Rebrand

PLEASE READ ORIGINAL TEXT HERE

On Nov 27th and 28th, the first ever VeChain Foundation Steering Committee meeting was held in Singapore. Over the course of this meeting, we have accomplished a lot. We are pleased to say that we have finalized members for our VeChain Foundation Steering Committee; we have revolutionized our blockchain foundation governance system; we have discussed the evolution of the our blockchain design and functionalities and an exponentially upgraded economic model for all of our stakeholders.
In celebration of the VeChain Foundation evolution, we have initiated a rebranding effort, or rather an escalation of our brand, which we will have finalized within a month and a half. More will be presented below.
VeChain believes that a well governed foundation is the key to longevity, growth and stability. Making an actionable governance system, that matches the identity we envision for our product, is the base in which we built on for our apotheosis. As such, the governance model of VeChain Foundation was at the paramount of discussions.
VeChain is going through an evolutionary period across all aspects of the foundation as directed by our Board of Steering Committee. At its core, the VeChain Foundation does not believe in a fully anarchically decentralization, nor does it believe in totalitarian governance. It is for that reason the board members envisioned something in between. Our governance structure is a new breed of a decentralized system through centralized channels, at its core it is a principal never seen before within the blockchain industry.
PICTURE ONE
Being the centralized agency to govern the decentralized workflows, VeChain is as strong as our Board of Steering Committee enables us to become. The Board of Steering Committee oversees the various functional committees within a decentralized foundation. The board members, though a governing agency, ultimately guide units towards cohesive goals and enables collaboration, efficiency, and output across channels that traditional org charts cannot.
The Board of Steering Committee is the governing body of VeChain Foundation. It oversees the various functional committees within the foundation and represents the balanced interests of the VeChain blokchains stakeholders as a whole. Stakeholders include Blockchain Smart Contract Owners, VeChain Authority Nodes, and token holders. In addition, the Board of Steering Committee ensures the development, innovation, coordination and advancement of the VeChain blockchain ecosystem. Though not necessarily involved in day to day operational activities, the main functions include but not limited to the following:
The Board of Steering Committee must be comprised of brilliant and respected individuals across a multitude of industries and it is for that reason we are very lucky to introduce our complete Board:
Name Experience Responsibility
CY Cheung PwC Cybersecurity and Fintech Partner Head of Regulation Committee
George Kang CEO of Greater China Region, DNV GL Business Assurance Head of Public Relation Committee
Jay Zhang CFO, VeChain Co-founder Head of Operational Committee
Margret Rui Zhu Assistant Professor of City University of Hong Kong Head of Compensation & Nomination Committee
Peter Zhou Chief Scientist, VeChain Partner Head of Technical Committee
Renato Grottola Global Digital Transformation Director, DNV GL Business Assurance In charge of VeChain business development related affairs
Sunny Lu CEO, VeChain Co-founder General Secretary of the Foundation
C Y Cheung - PwC Cybersecurity and Fintech Partner
Chun Yin Cheung is a partner in PwC China's Risk Assurance Practice, based in the Shanghai office, having worked at PwC for over 14 years.
Mr. Cheung is an information security subject matter expert, with extensive experience in security assessment and regulatory compliance related advisory for financial service institutions in China and Hong Kong.
Mr. Cheung was educated at the Hong Kong University of Science and Technology and achieved a Bachelor of Business Administration (B.B.A.) in Information Technology
George Kang - CEO Greater China Region, DNV GL Assurance
George Kang has worked for one of the biggest state-owned automotive design and manufacturing company - SAIC Motor before joined GNV GL in 1999.
George has accumulated extensive experience in supply chain management, product assurance with a particular strategic focus on the food & beverage, healthcare and automotive & aerospace sectors.
George was graduated from Shanghai Jiaotong University with a bachelor degree in Engineering and EMBA from Xiamen University. ** Jie (Jay) Zhang - CFO / CoFounder VeChain**
Jay has worked at 2 of the ‘Big 4’ accountancy firms - PwC and Deloitte’s and joined VeChain as leader of their Blockchain governance framework design and digital asset management framework.
Jay has 14 years’ experience in IT assurance and advisory services. Jie’s major areas of expertise and experience include IT General controls, IT security, IT Governance and risk management, System Application Controls, etc.
Jay was educated at Shanghai Jiaotong University and studied Electrical and Electronics Engineering
Margret Rui Zhu - Assistant Professor City University of Hong Kong
Professor Zhu received her BA from Fudan University, China, MA in Economics from Indiana University USA and PhD in Finance from University of Texas at Austin USA. Professor Zhu is currently interested in corporate finance, corporate risk management and the interaction of capital market and product market.
Peter Zhou - Chief Scientist / VeChain Partner
Dr. Zhou obtained a Ph.D in Computer Sciences from the University of Southampton and serves as VeChain’s R&D Director. He has been involved in projects funded by the European Commission and Academy of Finland whilst working as a postdoctoral researcher for the University of Kent in the UK. He has been published in numerous international scientific research journals.
Renato Grottola - Global Digital Transformation Director, DNV GL Assurance
Renato is an experienced global Director with a demonstrated history of working in the advisory industry, skilled in Strategic Planning, Mergers and Acquisitions, Business Development and Management of complex international operations. Renato has been working on a blockchain backed project to introduce ship certifications to a private blockchain.
Sunny Lu - CEO, VeChain Co-founder
Sunny Lu, the Project Lead for VeChain, has a wealth of experience in IT and Information Security across luxury retail brands, with his most recent role prior to co-founding BitSE being as CIO, IS&T Director for Louis Vuitton China.
Part of the LVMH Group, other famous brands across the portfolio include luxury fashion brands Givenchy and Christian Dior, alongside Champagne Brands Moet et Chandon, Veuve Cliquout and Dom Perignon.
Sunny was educated at Shanghai Jiao Tong University and studied Electronics and Communication Engineering
A board of this magnitude will need outside forces keeping them in check and aiding in the design, implementation, and vision of VeChain. This is why VeChain has seeked out a promising Advisory Board to be a backbone that the foundation can lean on to provide immense wisdom and experience in the blockchain industry. VeChains Advisory Board is currently comprised as follows:
Name Experience
Bo Shen Partner, founder of FenBuShi Capital
Daniel Kelman General Counsel of Bitcoin.com
James Gong CEO of ChainB.com
Roland Sun Partner of Broad&Bright Law Firm
Ning Nan CEO of BitOcean
Bo Shen - General partner of FENBUSHI Capital
Bo cofounded Bitshares, Qtum, Zcash, etc. He is also a veteran of traditional financial industry, accumulating 12 years of senior management in brokerages, hedge funds and investment banks.
Daniel Kelman - General Counsel of GSR and Bitcoin.com
Daniel represented the interests of creditors who lost funds in the MtGox hacking scandal. Besides, he is also a co-founder of BitOcean Japan, a cryptocurrency exchange which will be licensed by Japanese regulator FSA.
James Gong - CEO of ChainB.com
ChainB is the most influential professional blockchain and cryptocurrency media in China.
Roland Sun - Partner of a full-service Chinese law firm named Broad&Bright
Roland has rich experience in providing law consultancy services in the following practice areas, such as cryprocurrency, blockchain, banking and trust.
Nan Ning - CEO of BitOcean
BitOcean is a cryptocurrency exchange which will be licensed by Japanese regulator FSA.
With the combined expertise of the Board of Steering Committee and the wisdom of the Advisory Board, VeChain has the foundation to be a revolutionary force within the blockchain industry and a global initiative for decentralization of businesses, truly embracing a digital way of life.

Voting:

As mentioned above, VeChain stakeholders include Blockchain Smart Contract Owners, Authority Nodes and token holders (including VeChain Economic Masternodes/Nodes). Each of the stakeholder holds at least 10,000 VeChain tokens with a single public key will be considered to have ONE vote, and each stakeholder can have not more than ONE vote.
PICTURE TWO
The following fundamental subjects will be voted by the stakeholders:
  • The election of new Board of Steering Committee;
  • The modification of fundamental consensus mechanism;
  • Other subjects that Board of Steering Committee deemed necessary for general voting.
The general voting activities shall be carried in the VeChain Blockchain voting platform, designed to ensure anonymity, accuracy and not subject to manipulation.

VeChain Rebrand

Our brand is not our name or logo, it is who we are. It is as much our governance model as it is our economic model. With VeChain undergoing its apotheosis it is imperative for our brand to grow with it. This evolution brings VeChain from a status of a blockchain solution to an one of a kind blockchain pioneer that can last indefinitely, offering a powerful and adaptable product for any business process that could benefit from trustless, immutable, and readily available data. This evolutional output requires us to reinvent the structure of our mainnet to coexist with an economic model design for indefinite stability and reward. As a result VeChain has become bigger, faster, stronger, disruptive, ambitious, incentivized and above all else, impactful. The board has made every effort to bring power to the stakeholders/people of VeChain. There are many attributes that make the Norse God “Thor“ and VeChain similar, and therefore:
VeChain is opting to upgrade the VeChain blockchain itself to VeChain Thor. The process of this transformation we call Apotheosis.
Our efforts towards apotheosis will last over the course of a month and a half from today, the full range of details will be released periodically from now until the mid of January.
Here is a glimpse at some of the changes being incorporated into VeChain Thor:
  • VeChain Blockchain will be upgraded to VeChain Thor Blockchain
  • Upon this release, we will be converting the existing VEN tokens for VeChain Thor tokens (VET). We are taking the appropriate measures to make this conversion seamless, we will begin this process by aiding current exchanges with the conversion first, all future exchanges will list our token as VET instead of VEN, including the ones we have been actively speaking to prior to this announcement of the name change.
  • Transactions on VeChain Thor Blockchain will not use VET token as expense. This is our way of giving back to the stakeholders. In turn the blockchain transactions will be incentivized through other reward structures. This allows VeChain to offer a stable and predictable budget for enterprise users. This new system also enables resource optimisation and adjustments by economical approaches for the indefinite future.
  • In order to take full advantage of decentralization and strong governance, the Foundation has decided to adopt Proof of Authority as the consensus mechanism of the VeChain Blockchain so that future developments are aligned with vision and direction the Foundation has designed;
  • As for Nodes and Masternodes, (Yes, we have them!) We categorize two major types of nodes on the VeChain Thor Blockchain, a total of four distinctive nodes all together:
    1. One Authority Masternode
    2. Three Economic Masternodes/Nodes

VeChain Authority Masternode

Thrudheim means ‘World of Strength’ and is the home of Thor. We announce Thrudheim Masternode as the senior and most privileged masternodes that VET token holders can own.
There will be a total 101 Thrudheim Masternodes on the VeChain Thor Network. Thrudheim Masternodes:
  • Receive the highest rewards of any node operators on VeChain Thor;
  • Hold the most power when it comes to voting rights
  • Are the most senior of masternodes that VET token holders can attain;
  • Stabilise the VeChain Thor blockchain network;
  • Are selected and rated based on the criteria the VeChain Foundation announce in the near future;
To successfully become a Thrudheim Masternode Owner operating a Thrudheim Masternode, the token holder needs to fulfill certain criteria:
   A) Owns a Qualified Thrudheim Masternode Candidate, the said candidate is a trackable address holding a minimum of 250,000 VET/VEN starting from Trust Tracking Day until the Date of Decision. Date of Decision will be announced soon, this date should coincide approximately with our main net launch date.
   B) The person who owns a Qualified Thrudheim Masternode Candidate is a Qualified Thrudheim Masternode Operator Applicant and will automatically enter into the application process, given he/she meets the below criteria:
  1. Due to the importance of these Masternodes, and the limited number available, VeChain Foundation will need a period of time to observe and review each applicant to determine their trustworthiness and value proposition within the network, and the decision of acceptance will take into consideration of the holder’s contributions to the Foundation as whole, therefore, the Trust Tracking Day of the Thrudheim Masternodes will start on December 21th. More detailed information soon to be released on The Decision Making Criteria of Becoming a Thrudheim Masternode Holder.
  2. The moment the token holding of Qualified Thrudheim Masternode Candidate is less than 250,000 VET, the address will lose the privilege of applying to become a Thrudheim Masternode when the blockchain launches.
  3. Hardware conditions: CPU, hard disk capacity, memory, overall performance will be reviewed individually.
  4. A full KYC and application procedure.
VeChain Foundation will release a detailed Thrudheim Nodes selection standards, procedure and rewards together in a later announcement.

VeChain Economic Masternodes and Nodes:

A VeChain Economic Masternode/Node offers stability to the ecosystem and acts as a distribution of power and privilege within the blockchain’s economy. VeChain Economic Masternodes/Nodes also have representation within the ecosystems voting periods. For an address with at least 10,000 VET/VEN held, a node represents one vote within the majority consensus. Unlike Authority Masternodes, Economic Masternodes/nodes do not produce blocks and ledger records.

Mjolnir Masternodes (Second highest-incentive Nodes)

Token possession: 150,000 VET and above
Incentive received: receive the highest reward among VeChain Economic Nodes.
Cannot be upgraded More information on Mjolnir Masternodes soon

Thunder Nodes (Higher-incentive Nodes)

Token possession: 50,000 - 149,999 VET/VEN;
Incentive received: receive the higher Thor incentive;
Can be upgraded; More information on Thunder Nodes to come.

Strength Nodes (Medium-incentive Nodes)

Token possession: 10,000-49,999 VET/VEN;
Incentive received: receive the medium Thor incentive, however, still more than none-node holders;
Can be upgraded;
More information on Strength Nodes to come.
Holders with less than 10,000 VET tokens receive default incentive.

Important Timetable and planned events:

  • Hold corresponding quantity of VET/VEN tokens in a trackable wallet (such as MEW) starting from 00:00:00 UTC+8 on 21st December; if your wallet has more than or equal to 250,000 VET/VEN, then you will be considered as an applicant to become a Thrudheim Masternode Operator, this is one of important must-have criteria when the Foundation selects Thrudheim Masternode Operators.
  • Any wallet holding a corresponding quantity of VEN/VET tokens for any other nodes begins to accumulate seniority and that will be used as a means of distributing incentives in the future.
  • An official strategic partnership announcement event is planned late January at London between DNV GL and VeChain.
  • A VeChain Rebranding event, in Singapore, is planned for mid-January.
  • A detailed economic model upon completion
  • Listing on a major exchange in December
  • A complete upgrade and rewrite of our current “VeChain Development Plan (Not a Whitepaper Document)
submitted by JoshuaSP to CryptoCurrency [link] [comments]

Similarities with Mt. Gox

The excellent "What Bitcoin Did" podcast is doing a 6-part series on Mt. Gox. Highly recommended the episode with Daniel Kelmen: https://www.whatbitcoindid.com/podcast/daniel-kelman-on-the-creditors-of-mt-gox-and-civil-rehabilitation
It's amazing how many similarities there are with Quadriga: fake promises, crypto trading at high premium, sketchy banking, etc
submitted by crashcow51 to QuadrigaCX2 [link] [comments]

Roger Ver comparte sus pensamientos sobre el reciente tenedor duro Bitcoin Cash

19 de noviembre de 2018 por Joeri Cant Video Qu est pasando en la cabeza de Roger Ver? La figura de Bitcoin Cash y el CEO de Bitcoin.com se sientan con Daniel Kelman, un abogado que ha estado asesorando a compaas en el espacio de blockchain durante aos, para compartir sus pensamientos sobre lo que Ms The post Roger Ver comparte sus pensamientos sobre el reciente tenedor duro Bitcoin Cash.
leer mas..

Noticias #criptomonedas #criptos #noticias

submitted by criptoalertabot to CriptoAlerta [link] [comments]

Open Letter to Mark Karpeles: Voluntary Reorganization is the Best Option for Us All

Dear Mr. Mark Karpeles,
We are your depositors. We are writing this letter with the intent of proposing a solution that works in everyone's interest, including yourself and the entire Bitcoin Community. If we work together we can save Mt. Gox and provide the Bitcoin Community with what it truly needs: an exchange that has everyone's trust. This can be accomplished through a voluntary reorganization of Mt. Gox resulting in your depositors (and yourself) being granted ownership in a new community-owned exchange. We believe the Bitcoin Community will support such an exchange because the ownership will be alligned with the ideals the Community supports.
The ideas behind Bitcoin are bigger than our personal stake and the numbers in our accounts. These ideas are bigger than the 750,000 Bitcoins that may or may not have been stolen from Mt. Gox and are bigger than Mt. Gox itself. The world is watching Bitcoin right now and waiting to see how we handle this. There are those who would love to see us panic and devolve into an angry mob, stricken with personal greed and out claim every last coin. But we are better than that. We know you are as well and that you are willing to do what is necessary to make us whole. At present, the first step is to discuss the voluntary reorganization of Mt. Gox taking us on as shareholders. We are putting the idea of Bitcoin ahead of our immediate right to spendable Bitcoins because we believe in the ideas behind Bitcoin, do not want to harm the embodiment of those ideas, and believe that cooperation represents the best method for recouping our losses and building a trustworthy exchange that will make the Community stronger than it was before. We know you agree.
We have a long term vision of Bitcoin, as we believe you do as well. We are open to many suggestions as to how to resolve this, but at this point we believe the following points embody our best options: (1) shareholders should be offered a stake in the new company on a pro rata basis based on their holdings in Mt. Gox (we can come up with a formula for valuing Bitcoin denominated holdings later); (2) those who wish to leave should be offered a haircut. There are many details to be worked out, but this is the essence of the plan. It is a plan that will benefit your depositors, benefit yourself, benefit Bitcoin and benefit other virtual currencies. Most importantly, it will show the world we can regulate ourselves in the face of great adversity. Our ability to self-govern in this time of crisis will serve as a model for other governments and organizations the world over.
We welcome an open discussion about the possibilities for resolving this in a manner that benefits the Bitcoin Community and virtual currency movement as a whole, and balances those interests with our right to compensation while recognizing that you are human. Please restore our faith in yourself and in Mt. Gox by accepting this invitation to discuss our situation.
On Behalf of any Mt. Gox Depositors in Agreement,
Daniel J. Kelman, Esq.
submitted by DanielJKelman to Bitcoin [link] [comments]

Detailed Proposal for Reorganization of Mt. Gox (see link)

Dear Bitcoin Community,
Please consider the following proposal: http://www.scribd.com/doc/213487655/The-Gox-Initiative
Shortly after Mt. Gox went offline, I posted an open letter to Mark Karpeles in Reddit. That letter suggested the best option for Mt. Gox was a voluntary reorganization making those who lost money shareholders (a debt-equity swap). The positive response to it led me to Tokyo where I have been fighting to secure assets and inspired me to draft this proposal of how a reorganized exchange might look.
Please bear in mind this is a proposal, not a final draft. It needs the input of the Community.
Whether you like the idea of a Community-owned exchange or not, I hope we can all agree that exchanges should provide more transparency for depositors. The current exchanges all deserve scrutiny in this respect. Weak exchanges will result in stolen coins, like at Mt. Gox, and each such event harms adoption and the price of everyone's bitcoins. This affects us all. In the coming weeks I look forward to engaging in a discussion on this issue with anyone interested.
The recent "discovery" of 200,000 bitcoins also needs to be discussed in light of this proposed plan. This proposal was drafted assuming Mt. Gox had no assets left. A discussion is necessary as to whether we should be pushing for a liquidation of assets, or a new exchange we all own. This is something I am preparing analysis on and hope to provide to the Community in a few days.
I thank you all for your support and the consideration you gave my initial letter.
On Behalf of any Mt. Gox Depositors in Agreement,
Daniel J. Kelman, Esq. danielkelman.com IRC: LaoBan
submitted by DanielJKelman to Bitcoin [link] [comments]

Open letter to Mark Karpeles and the Bitcoin Community.

Dear Mark, Dear Community,
We are shocked to see that MtGox filed for chapter 11 today. The number of lives that have been destroyed by the downfall of your company is unfathomable. However, we believe a truly free market, and the Bitcoin Community as a whole, is extremely resilient and caring. That’s why we have started an initiative called Project Gox. Project Gox http://www.projectgox.com plans to restart a fresh Bitcoin Exchange, built by the community, with all profits going to MtGox debt holders. We aim to be completely transparent in our operations, and make sure we work together with the core developers to prevent making any of the mistakes MtGox made. This will have a tremendously positive effect on the Bitcoin community and its reputation, if we can pull ourselves out and become better than before. The only thing we need from you is to give the emails (hashed) + connected outstanding balances. We beg you to provide us with this list so we can start making people whole again. It has also come to our attention that you may be considering re-opening MtGox with everyone’s balance reset to zero. We think this is a terrible idea, and urge you NOT to proceed down this path. MtGox 2.0 will NOT be trusted by the community due to lack of trust in the exchange code, lack of asset management and auditing controls, and ultimately a lack of trust in the brand and management team. We need you to trust the community at this point to jumpstart a new exchange with minimal MtGox involvement. Enough damage has been dealt to the Bitcoin community, and MtGox in particular. This may be the final straw and your last chance to do what is right by the Community. Please provide us with the hashed email list so we can proceed.
We also urge everyone to sign up for http://www.mtgoxrecovery.com so we have more leverage to do this.
Sincerely,
Olivier Janssens
Daniel J. Kelman, Esq.
[email protected]
submitted by DanielJKelman to Bitcoin [link] [comments]

[uncensored-r/CryptoCurrency] VeChain Apotheosis: The Beginning – Masternodes, New Partners, Big Exchanges, and a Rebrand

The following post by JoshuaSP is being replicated because the post has been silently removed and some comments within it have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/7hqyfe
The original post's content was as follows:

PLEASE READ ORIGINAL TEXT HERE

On Nov 27th and 28th, the first ever VeChain Foundation Steering Committee meeting was held in Singapore. Over the course of this meeting, we have accomplished a lot. We are pleased to say that we have finalized members for our VeChain Foundation Steering Committee; we have revolutionized our blockchain foundation governance system; we have discussed the evolution of the our blockchain design and functionalities and an exponentially upgraded economic model for all of our stakeholders.
In celebration of the VeChain Foundation evolution, we have initiated a rebranding effort, or rather an escalation of our brand, which we will have finalized within a month and a half. More will be presented below.
VeChain believes that a well governed foundation is the key to longevity, growth and stability. Making an actionable governance system, that matches the identity we envision for our product, is the base in which we built on for our apotheosis. As such, the governance model of VeChain Foundation was at the paramount of discussions.
VeChain is going through an evolutionary period across all aspects of the foundation as directed by our Board of Steering Committee. At its core, the VeChain Foundation does not believe in a fully anarchically decentralization, nor does it believe in totalitarian governance. It is for that reason the board members envisioned something in between. Our governance structure is a new breed of a decentralized system through centralized channels, at its core it is a principal never seen before within the blockchain industry.
PICTURE ONE
Being the centralized agency to govern the decentralized workflows, VeChain is as strong as our Board of Steering Committee enables us to become. The Board of Steering Committee oversees the various functional committees within a decentralized foundation. The board members, though a governing agency, ultimately guide units towards cohesive goals and enables collaboration, efficiency, and output across channels that traditional org charts cannot.
The Board of Steering Committee is the governing body of VeChain Foundation. It oversees the various functional committees within the foundation and represents the balanced interests of the VeChain blokchains stakeholders as a whole. Stakeholders include Blockchain Smart Contract Owners, VeChain Authority Nodes, and token holders. In addition, the Board of Steering Committee ensures the development, innovation, coordination and advancement of the VeChain blockchain ecosystem. Though not necessarily involved in day to day operational activities, the main functions include but not limited to the following:
  • Propose and organize blockchain-wide general voting;
  • Review and approve the Foundation’s fundamental strategies on technical, financial and business;
  • Review and approve the governance principle;
  • Review and approve the Foundation’s annual budget;
  • Review, approve and monitor the procedure of nomination and election of the Steering Committee members, functional committee chairs and the General Secretary of the Foundation.
The Board of Steering Committee must be comprised of brilliant and respected individuals across a multitude of industries and it is for that reason we are very lucky to introduce our complete Board:
Name Experience Responsibility
CY Cheung PwC Cybersecurity and Fintech Partner Head of Regulation Committee
George Kang CEO of Greater China Region, DNV GL Business Assurance Head of Public Relation Committee
Jay Zhang CFO, VeChain Co-founder Head of Operational Committee
Margret Rui Zhu Assistant Professor of City University of Hong Kong Head of Compensation & Nomination Committee
Peter Zhou Chief Scientist, VeChain Partner Head of Technical Committee
Renato Grottola Global Digital Transformation Director, DNV GL Business Assurance In charge of VeChain business development related affairs
Sunny Lu CEO, VeChain Co-founder General Secretary of the Foundation
C Y Cheung - PwC Cybersecurity and Fintech Partner
Chun Yin Cheung is a partner in PwC China's Risk Assurance Practice, based in the Shanghai office, having worked at PwC for over 14 years.
Mr. Cheung is an information security subject matter expert, with extensive experience in security assessment and regulatory compliance related advisory for financial service institutions in China and Hong Kong.
Mr. Cheung was educated at the Hong Kong University of Science and Technology and achieved a Bachelor of Business Administration (B.B.A.) in Information Technology
George Kang - CEO Greater China Region, DNV GL Assurance
George Kang has worked for one of the biggest state-owned automotive design and manufacturing company - SAIC Motor before joined GNV GL in 1999.
George has accumulated extensive experience in supply chain management, product assurance with a particular strategic focus on the food & beverage, healthcare and automotive & aerospace sectors.
George was graduated from Shanghai Jiaotong University with a bachelor degree in Engineering and EMBA from Xiamen University. ** Jie (Jay) Zhang - CFO / CoFounder VeChain**
Jay has worked at 2 of the ‘Big 4’ accountancy firms - PwC and Deloitte’s and joined VeChain as leader of their Blockchain governance framework design and digital asset management framework.
Jay has 14 years’ experience in IT assurance and advisory services. Jie’s major areas of expertise and experience include IT General controls, IT security, IT Governance and risk management, System Application Controls, etc.
Jay was educated at Shanghai Jiaotong University and studied Electrical and Electronics Engineering
Margret Rui Zhu - Assistant Professor City University of Hong Kong
Professor Zhu received her BA from Fudan University, China, MA in Economics from Indiana University USA and PhD in Finance from University of Texas at Austin USA. Professor Zhu is currently interested in corporate finance, corporate risk management and the interaction of capital market and product market.
Peter Zhou - Chief Scientist / VeChain Partner
Dr. Zhou obtained a Ph.D in Computer Sciences from the University of Southampton and serves as VeChain’s R&D Director. He has been involved in projects funded by the European Commission and Academy of Finland whilst working as a postdoctoral researcher for the University of Kent in the UK. He has been published in numerous international scientific research journals.
Renato Grottola - Global Digital Transformation Director, DNV GL Assurance
Renato is an experienced global Director with a demonstrated history of working in the advisory industry, skilled in Strategic Planning, Mergers and Acquisitions, Business Development and Management of complex international operations. Renato has been working on a blockchain backed project to introduce ship certifications to a private blockchain.
Sunny Lu - CEO, VeChain Co-founder
Sunny Lu, the Project Lead for VeChain, has a wealth of experience in IT and Information Security across luxury retail brands, with his most recent role prior to co-founding BitSE being as CIO, IS&T Director for Louis Vuitton China.
Part of the LVMH Group, other famous brands across the portfolio include luxury fashion brands Givenchy and Christian Dior, alongside Champagne Brands Moet et Chandon, Veuve Cliquout and Dom Perignon.
Sunny was educated at Shanghai Jiao Tong University and studied Electronics and Communication Engineering
A board of this magnitude will need outside forces keeping them in check and aiding in the design, implementation, and vision of VeChain. This is why VeChain has seeked out a promising Advisory Board to be a backbone that the foundation can lean on to provide immense wisdom and experience in the blockchain industry. VeChains Advisory Board is currently comprised as follows:
Name Experience
Bo Shen Partner, founder of FenBuShi Capital
Daniel Kelman General Counsel of Bitcoin.com
James Gong CEO of ChainB.com
Roland Sun Partner of Broad&Bright Law Firm
Ning Nan CEO of BitOcean
Bo Shen - General partner of FENBUSHI Capital
Bo cofounded Bitshares, Qtum, Zcash, etc. He is also a veteran of traditional financial industry, accumulating 12 years of senior management in brokerages, hedge funds and investment banks.
Daniel Kelman - General Counsel of GSR and Bitcoin.com
Daniel represented the interests of creditors who lost funds in the MtGox hacking scandal. Besides, he is also a co-founder of BitOcean Japan, a cryptocurrency exchange which will be licensed by Japanese regulator FSA.
James Gong - CEO of ChainB.com
ChainB is the most influential professional blockchain and cryptocurrency media in China.
Roland Sun - Partner of a full-service Chinese law firm named Broad&Bright
Roland has rich experience in providing law consultancy services in the following practice areas, such as cryprocurrency, blockchain, banking and trust.
Nan Ning - CEO of BitOcean
BitOcean is a cryptocurrency exchange which will be licensed by Japanese regulator FSA.
With the combined expertise of the Board of Steering Committee and the wisdom of the Advisory Board, VeChain has the foundation to be a revolutionary force within the blockch...
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Daniel Kelman - Bitcoin.com - World Blockchain Forum Bitcoin Price Is Crashing?! How Do We Stop it? Economic Freedom Coming Soon? Bitcoin Cash News Bitcoin Cash Hard Fork Update: Is It Over? (And a Special Message To Calvin Ayre) Huge Gains in the Crypto Rally, Thoughts on BSV's Price, Lightning Bashed by Adam Back VeChain Tokyo Meetup part1

Daniel Kelman. Author: Daniel Kelman. Mt. Gox Creditors Neither Need nor Deserve This Kind of ‘Hero’ February 10, 2019 Daniel Kelman Brock Pierce, Deserve, gox, gox Creditors, hero, Japan, japanese, Mark Karpeles, mccaleb, MT, Mt Gox, MtGox, N-Featured, Need, Neither, Op-ed, Sunlot, Tibanne. Brock Pierce has launched his own bid for the civil rehabilitation of Mt. Gox, promising to pay out ... Read news and updates about DANIEL KELMAN and all related bitcoin & cryptocurrency news. Displaying items 1 - 3 of 3 Daniel Kelman Appears on the following shows: Daniel Kelman on the Creditors of Mt. Gox and Civil Rehabilitation. FEBRUARY 20, 2019 View Daniel Kelman’s profile on LinkedIn, the world's largest professional community. Daniel has 5 jobs listed on their profile. See the complete profile on LinkedIn and discover Daniel’s ... Daniel Kelman: Sure, my name is Daniel Kelman and I was someone who purchased Bitcoin and traded at Mt. Gox and had my funds there and they wouldn’t give them back because I wasn’t KYC’d or all these things. It took them months to finally tell me they would give them back and by then of course Mt. Gox was offline and no one could get funds out.

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Daniel Kelman - Bitcoin.com - World Blockchain Forum

All the latest Bitcoin Cash news presented this week by Roger Ver, CEO of bitcoin.com and Daniel Kelman, international lawyer and solicitor & long time friend of Roger and Bitcoin.com As always we ... Bitcoin.com is your premier source for everything Bitcoin related. We help you buy, use, and store your Bitcoin securely. You can read the latest news. We also provide helpful tools and real-time ... Guest Speaker: -Daniel Kelman: General Counsel at GSR and Bitcoin.com -Yan Pu: CTO of Bitocean Sunny's part started around 10 mins Bitcoin.com is your premier source for everything Bitcoin related. We help you buy, use, and store your Bitcoin securely. You can read the latest news. We also provide helpful tools and real-time ... Roger Ver, CEO of Bitcoin.com sits down with Daniel Kelman to discuss what happened post November 15th during the Bitcoin Cash hard fork/upgrade. As always let us know what you think in the ...

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