London Based Payments and ID Blockchain Platform Nuggets Recruits Ex-Visa MD
Nuggets, a blockchain based payment, and ID platform have managed to attract former Visa Managing Director Kevin Jenkins to its board as a Non-Executive Director.
Nuggets is an e-commerce payment and ID platform. It stores your personal and payment data securely in the blockchain, so you can make simple e-commerce payments and other transactions, without having to share your personal data with anyone – not even Nuggets. The Nuggets Alpha for iOS and Android is now live.
The company has already been making dramatically rapid progress in the worldwide payments area, especially recently in China. As the platform rolls out across the globe, Jenkins’ considerable expertise looks set to accelerate that progress even further.
Through his leadership roles at both Visa and Mastercard, Jenkins has long experience of pioneering digital innovations within regulated environments, managing governance changes, and enhancing customer payments journeys in the physical and digital world.
Alastair Johnson, founder, and CEO of Nuggets, said: “Kevin is a true payments pioneer, with an amazing reputation for establishing partnerships with financial Institutions, technology partners, retailers and e-commerce providers. He’ll help us build the relationships we need to roll out the product as quickly as possible. We’re thrilled that, after so long working on customer payment journeys at Visa, Kevin will be helping us bring even more fundamental and exciting change to the way people manage payments and ID.”
Jenkins Confident Of Nuggets
Jenkins commented on his new position by saying that, eventually, every stakeholder in the payments ecosystem will begin using nuggets — referring to it as a “genuine revolution.”
Additionally, he reiterated the fact that the current model of companies holding personal information is “broken,” saying:
“The current model of businesses holding personal information is broken. It needs fundamental change, study after study shows that customers are frustrated by the payments journey: the many steps they have to take, and the security fears.”