Quadriga To Launch First Canadian Blockchain R&D Lab

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Quadriga Fintech Solutions Corp. has announced the launch of Canada’s first R&D lab for Blockchain technology. The lab’s first project will be the development of a platform with two core functions: handling the onboarding and client data management for financial crime systems using the Blockchain and facilitating machine to machine (M2M) payments with Internet of Things (IoT) providers for connected cities.

Gerald Cotten, CEO of Quadriga said,

“Blockchain technology has an unchangeable, fully traceable ledger of activity and as such, represents a crucial innovation for financial technology, particularly for systems designed to combat money laundering, terrorist financing and fraud.” Quadriga has the largest exchange in Canada and the largest existing database of customers that already use the Blockchain, so it was a natural progression for us to move forward with research into the Blockchain and to take a leadership role on Blockchain in Canada.”

“We are very excited to be starting a Blockchain lab and helping to develop FinTech in Canada, especially focusing on two phenomenal growth areas in the space, of using the Blockchain to manage digital identities for digital finance at the highest AML legal standards in the world and to be the intersection point for M2M payments for cities as they become digital and need to build in micro-payments that are efficient, instantaneous and transparent,” he said. “Down the line, we see our Blockchain R&D lab having even greater applications for climate finance.”

The Company has entered into an agreement with Christine Duhaime, a leading legal expert in digital finance and financial crime law, and a leader in FinTech in Canada, who founded the Digital Finance Institute. Ms. Duhaime brings to the Blockchain R&D lab, a breadth of exposure to financial crime systems mitigation that is unparalled. In addition, her knowledge of the FinTech industry and international connections in finance, banking and FinTech will help open up additional routes to market for Quadriga’s Blockchain applications once developed.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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