æternity onboards telecommunications veteran Pablo Coirolo

He joins from Telefonica which has been venturing into the blockchain space of late, announcing a strategic partnership with Microsoft to design the ‘telco of the future’ with distributed ledger technology and artificial intelligence

Pablo Coirolo, ex-CEO of Telefonica Data Uruguay (Telefonica of Spain Group), has joined blockchain platform venture æternity as a board member and the CEO of the Americas.

“I’m thrilled to welcome Pablo to the team,” says Yanislav Malahov, æternity’s Founder. “Pablo is a visionary and an expert at helping businesses of all sizes to master new technologies for enterprise use.”

“By concentrating our efforts in the Americas region around key areas of blockchain development, we expect to unearth a buzzing blockchain community that has the potential for the creation of localised commercial and practical applications, as we’ve seen in our African hub.”

In recent years, Coirolo has been particularly focused on the use of blockchain and other peer-to-peer technologies as a means to expand human capabilities. He will oversee the creation, growth and expansion of a similar initiative in the Americas to educate and assist businesses in integrating the aeternity blockchain into their operations.

Uruguay has been selected as the launching pad for æternity expansion into the Americas due to its thriving software development ecosystem and its government’s commitment to digitalisation.

“I’m blown away by how far the company has come in the past two years and by its novel approach to solving the problems of usability and scalability that are holding back mass adoption of blockchain today,” says Coirolo. “In addition, it has the support of a thriving community and an extensive suite of APIs already available to developers. It will be an exciting journey as we create blockchain solutions easily accessible to the masses. It’s for this reason that I look forward to helping Yanislav and the team take the project to the next level.”

The appointment comes shortly after æternity Ventures’s launch of the second round of its 2019 Starfleet accelerator. Designed for the most promising projects on the æternity blockchain, this resulted in $1.3 million being invested during the 2018 round.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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