Blockchain start-up Quant appoint Comcast veteran on board

London-based blockchain start-up, Quant, has appointed veteran media executive and Vice Chairman of Comcast Corporation, Neil Smit, to its board.

Quant was founded by former HM Treasury CISO, Gilbert Verdian in 2018 to solve the biggest challenges with the adoption and implementation of distributed ledgers, such as blockchain.

Its team has developed a new operating system for DLT – enabling interoperability between protocols and legacy networks.

The appointment is something of a coup for the start-up, who were recognised by Gartner as a Cool Vendor in 2019, and will use Smit’s relationships and experience gained through running large-scale internet networks, to help further their expansion in the US market.

According to a press release shared with Coin Rivet, Smit said: “I’m both delighted and honoured to become part of the Quant team.”

“The company is a clear leader in one of the most exciting fields of technology right now, and the potential for growth is enormous. I’m excited to be in a position to help realise that growth.”

Gilbert Verdian, CEO, Quant Network added: “Building our presence in the US is critical to our business strategy, and Neil has the perfect background and experience in large-scale Internet networks to help achieve our vision. We’re delighted that he has accepted a position on our Board.”

For more news, guides and cryptocurrency analysis, click here.