Steve Ehrlich is Wall Street Blockchain Alliance’s First COO
The Wall street Blockchain Alliance (WSBA) is a non-profit distributed ledger technology trade association and it is making headlines for its most recent hire – Steve Ehrlich, who is known for his work for Voyager.
Ehrlich’s role signifies a potential new direction for WSBA. His primary task includes overseeing key elements of operational finance, risk, compliance, and using his years of expertise in the process.
As for the WSBA, its main goal is to promote the adoption of blockchain technology across various financial markets. With more widespread use of blockchain technology, customers may be able to receive service more efficiently, quickly, and in an easier manner.
To date, the association has successfully signed several industry letters who support its new technology and its aim to enhance the operations of industries, particularly when it comes to capital consumption, the cost of operations, customers experience, and new business model and revenue.
Ron Quaranta, the WSBA chairman stated,
“We are very fortunate to have Steve join the WSBA. As a recognized expert on blockchain and its applicability throughout the financial sector and more, we will look for him to help guide the growth of the organization. We very much look forward to collaborating with Steve moving forward.” Ehrlich added,
“We are rapidly approaching a key inflection point regarding blockchain technology, and it is critical to see real-world enterprise-level implementation in the near future. The WSBA plays an essential role in this endeavor through its thought leadership, engagement with regulators and key stakeholders, and member services. I am privileged to join the WSBA in this role at this key juncture.”