The blockchain is a burgeoning industry that’s beckoning leaders from different financial industries around the globe. Seen as an innovative venture that could reshape the internet, banking, and payments sectors, the blockchain shows promise of industry revitalization for many professionals. Everyone wants to be at the forefront of this rapidly growing cutting-edge technology. Antony Jenkins, the former CEO of Barclays, is one of those professionals seeking ground-breaking innovation and has just joined the Blockchain Board.
By joining the Board, growth of the blockchain’s ecosystem will be facilitated by Antony Jenkins’ experience and large network within the financial sector.
Blockchain CEO and Co-Founder Peter Smith stated:
“A CEO of Antony’s caliber joining our board is a clear sign of where the financial future lies. His experience will help Blockchain revolutionize the financial system as we know it and enable billions across the globe to have a better, more efficient and more secure, financial future.”
The Blockchain Board welcomes Antony Jenkins with the following press release:
Antony Jenkins, former CEO of Barclays, Joins Blockchain Board Amid Record Growth
LONDON, U.K. – 13 December 2016: In a first-of-its-kind partnership between the finance and distributed ledger industries, former Barclays Group CEO Antony Jenkins has joined the board of Blockchain, the world’s largest digital currency company.
The move signifies Blockchain’s recent, accelerated growth from a small fintech startup founded in York, UK to a pillar of the FinTech ecosystem. Mr. Jenkins’ experience and network in the traditional financial sector will help facilitate the next phase of growth – mass adoption of blockchain technology.
“Blockchain technology has the potential to reinvent the way we use money and contribute to a finance system that’s high quality, low cost, secure, fair and transparent,” said Mr. Jenkins. “I am proud to join a company playing a pivotal role in ushering in a new era.”
“A CEO of Antony’s caliber joining our board is a clear sign of where the financial future lies,” said Blockchain CEO and Co-Founder Peter Smith. “His experience will help Blockchain revolutionize the financial system as we know it and enable billions across the globe to have a better, more efficient and more secure, financial future.”
Blockchain, which now runs the world’s largest production block chain platform, is coming off a record year of growth in 2016, solidifying its position as a market leader. The company has doubled the number of bitcoin wallets provided to over 10M, and now powers over 150,000 transactions a day around the world - up from a few thousand a day only a few years ago.
For three years, until July 2015, Mr. Jenkins led Barclays as CEO through one of the toughest periods in global banking history, while at the same time achieving a share price rise of over 50%, well ahead of many rivals. He also significantly improved the bank’s ethical business standards and reputation. Mr. Jenkins also spent 17 years at Citi where he ran the North American Cash Management unit, managed the company’s Internet activities and was in charge of the Citi branded credit card business.
Harnessing the power of technology has been a powerful theme throughout his career and he predicts that over the next 10 years the industry will see a number of very significant disruptions in financial services – he calls them “Uber moments’’ -- driven by companies in the fintech sector. At Barclays, he was influential in the launch of the company’s Pingit mobile payments app. Mr. Jenkins predicts that new financial technology businesses will create a financial system that’s high quality, low cost, fair and transparent, and therefore serves customers better, reduces risk to society and improves returns to shareholders.
In October 2016, he launched 10x Future Technologies to transform the ways banks operate by enabling them to mine data in a much more sophisticated way and offer customers superior, faster and cheaper services. He’s also the non-executive Chairman of Currencies Direct, the leading UK non-bank provider of foreign exchange and international payment services.