- Hedera appoints former IBM executive Shyam Nagarajan as Chief Operating Officer.
- Nagarajan brings 20+ years of experience in AI and blockchain, previously serving on Hedera’s Board of Directors.
- At IBM, he led blockchain initiatives resulting in substantial revenue growth and developed COVID pass solutions reaching 12 million users.
- He currently chairs Hedera’s Technology Committee and will focus on operational strategy and network growth.
- The appointment aims to strengthen Hedera’s position in enterprise blockchain adoption and open-source development.
Hedera, the enterprise-grade public distributed Ledger, has appointed former IBM blockchain executive Shyam Nagarajan as its Chief Operating Officer, marking a strategic move to accelerate institutional adoption and network development.
The appointment, announced today, brings seasoned leadership in Artificial Intelligence and distributed ledger technology to the organization.
Track Record in Enterprise Technology
Nagarajan’s credentials include leading IBM’s blockchain and digital assets division, where he achieved significant revenue milestones. His notable achievements include:
- Development of IBM’s COVID pass platform, adopted by New York City and serving over 12 million users
- Leadership of enterprise blockchain services, resulting in triple-digit growth
- Implementation of responsible AI initiatives across Fortune 500 companies
Strategic Focus Areas
In his role as COO, Nagarajan will prioritize three main areas:
- Strengthening operational resilience of the Hedera network
- Expanding the open-source community development initiatives
- Supporting enterprise integration with Hedera’s infrastructure
Charles Adkins, President of Hedera, stated: “Shyam’s unique combination of expertise in AI, DLT, and operational strategy will strengthen the Hedera network and ecosystem as we continue to grow.”
The appointment comes as Hedera positions itself to capitalize on increasing enterprise interest in distributed ledger technology.
Nagarajan’s experience with both traditional corporate structures and emerging technologies aligns with Hedera’s focus on bridging conventional business applications with blockchain infrastructure.
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