Blythe Masters Quits Every Moment Ceo Of Blockchain Co., Digital Asset

Quite a few of the reports are referring to Digital Asset equally a 'start-up' only at some signal you lot can't excuse the losses amongst that term whatever longer.
Some people soundless telephone band Uber a start-up, 10 years on. Whatever.
From Fortune:

Blythe Masters left her chore equally a high-flying JPMorgan Chase executive inwards 2014, too presently after became CEO of Digital Asset, a blockchain startup that caters to banks too startups. Now, 3 years too a one-half years afterward she is stepping down.

On Tuesday, Digital Asset announced that Masters is leaving for personal reasons, too that AG Gangadhar, who joined the company’s board of directors inwards April, volition serve equally the acting CEO.

The unexpected motion comes equally a setback for Digital Asset since Masters is highly respected inwards the blockchain field, too ane of the close high profile women inwards a male-dominated industry. Blythe likewise enjoys fame from her banking days equally the reported creator of the credit default swap, a clever fiscal play tricks whose abuse contributed to the fiscal crisis.

Masters became CEO of New York-based Digital Asset inwards March of 2015, several months after the companionship launched. Under her tenure, the companionship established partnerships amongst banks around the world, too worked to laid blockchain platforms for the Commonwealth of Australia Stock Exchange too U.S.-based clearing houses. In July, Digital Asset announced a partnership amongst Google to convey blockchain to the cloud.

It’s unclear, however, how much traction these projects select achieved. While blockchain applied scientific discipline has attracted enormous hype too investment inwards recent years, it has faced increasing skepticism from some who query its utility....MORE