News Demetrios Zamboglou Joins Blockchain Based Gold Trading Firm

Demetrios Zamboglou Joins Blockchain Based Gold Trading Firm

-

- Advertisment -

A picture of Demetrios Zamboglou
Demetrios Zamboglou, COO of ICON Capital Reserve

With the advent of 2019, Demetrios Zamboglou is joining a new venture. The fintech and blockchain expert has become the COO of ICON Capital reserve, a firm founded by J. Bradley Hall to enable institutional clients to create, trade and reserve value using gold and blockchain technology.

ICON is offering its clients which are primarily high-net-worth individuals and family offices AUREALS™, which is a one-gram denominated measure of gold.

Discover iFX EXPO, Your Gateway to Asian Markets!

So far ICON’s founder J. Bradley Hall and his small team established successful relationships with private clients in Europe, Asia, the GCC, CIS, and the Americas. The firm initially used the Colored Coin Protocol of the blockchain which was later updated to offer AUREALS™ via ERC20 and CINTAMANI™ via ERC721 as smart contracts on Ethereum.

Zamboglou will be based in London where the company is setting up its brand new subsidiary.

Commenting on the expansion of ICON, the company’s CEO, J Bradley Hall, told Finance Magnates: “The hype phase of ICO’s that appear to be nothing more than high school science projects, is ending and as Voltaire noted long ago virtually all of the tokens will revert to their intrinsic value, which is zero.”

“We avoided the temptation of offering a so-called utility (or alchemy) token and instead continued to invest heavily in a foundational core supporting AUREALS™, a fusion of GOLD and the Blockchain that insulates holders from currency, institutional and systemic hazard,” elaborated Hall.

Demetrios Zamboglou shared with Finance Magnates that him joining ICON is a result of his opinion that blockchain technology is creating a once-in-a-lifetime opportunity.

“Brad and I began spending some time together in London and it quickly became obvious that we sort of “clicked”. We shared a vision on where the space was moving and where the most significant opportunities are available,” Zamboglou explained.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Top 8 Potential Cryptocurrency Business Ideas for 2021

Which word comes into your mind when you hear or think of the word ‘cryptocurrency’? It might...

3 Important Reasons to Have AML for Cryptocurrency Business

In this article we are going to examine the 3 most important reasons to Have AML for...

Use of Smart Cards in Blockchain App Development

Ever since blockchain technology made a major breakthrough all over the globe, experts and forecasters have been...

IMF: Risk of substitution of domestic money by central banks’ digital currencies

Central banks around the world began looking closely at the issuance of their own digital currencies, known...
- Advertisement -

Ripple: The cryptocurrency that will ‘change’ the world in 2020

Ripple could say he's a child of Bitcoin: In December 2017 Bitcoin hit a record price in...

Spain approves Crypto Holdings disclosure bill from cryptocurrency holders

Spain approves Crypto Holdings disclosure bill from cryptocurrency holders. Spain's government has reportedly approved...

Must read

- Advertisement -

Read Next
Recommended to you