Swisscom Blockchain CEO Departs, Becomes Crypto Valley Association President

Chief Executive Officer and minority stakeholder of Swisscom Blockchain, Daniel Haudenshild has stepped down from his position. Although a press release was issued by the company, they avoided giving specific reasons for this change in management.

The departure of Haudenshild is sudden and abrupt. He had given an interview to CNN earlier this month where he mentioned the company’s expansion plans but did not talk about him leaving the company.

Daniel Haudenshild was one of the biggest reasons why the company had done so well till now. He had planned to capitalize on the swiftly developing blockchain sector in Switzerland by offering consultancy and technical services for start-ups and existing companies that want to incorporate blockchain into their operations.

The company acknowledged this in the press release and said:

“Daniel Haudenschild and his team laid the foundations for Swisscom Blockchain Ltd. Thanks to his broad understanding of the technology, he made blockchain-based solutions accessible to other companies.”

Roger Wüthrich-Hasenböhler who was the Chief Digital Officer and Head of Digital Business at Swisscom will take over the operational management of the company on an ad interim basis. The existing management will help him at his job.

Founded in 2017, Swisscom Blockchain Ltd offers blockchain-related consulting and project services and drive forward the development of blockchain applications. In less than 2 years, their customers include names like Raiffeisenbank, the Swiss Canton of Glarus and Falcon Bank and have 30 employees working for them.

Since their inception, the company has expanded its portfolio with the Tokenization Launchpad, an application for generating tokens, and Blockchain Academy, an academy providing practice-based training on this subject.

Just a couple of days back BitcoinExchangeGuide had reported that Swisscom had decided to push their innovations further recently with a collaboration involving themselves and the Zurich University of Applied Sciences (ZHAW).

The two platforms have already created a certified, integrated e-signature to work with the blockchain. The new e-signature is created with the intention of authenticating smart contracts on the distributed ledger.

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