Ex-JP Morgan Vice President Dr Joseph Chen-Yu Wang Joins Ambrosus as Project Manager

Company milestone comes as Ambrosus announces eleven new appointments across legal, R&D, and business development

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Ambrosus, the Blockchain-based ecosystem for the supply chain, today announced that former JP Morgan Vice President, Dr Joseph Chen-Yu Wang, has formally joined as a Project Manager.

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Combining high-tech sensors, Blockchain technology, and smart contracts to assure the quality, safety, and origins of essential products, Ambrosus is officially endorsed by EIT Food and SQS (Swiss Quality and Safety Association) and has received financial backing from the Government of the Canton of Vaud, Switzerland.

“Given that cutting-edge technology is the pillar of the Ambrosus project and vision, it is of the utmost significance that we continue to work alongside the most influential minds in the space. The Ambrosus mission is unattainable without a sound foundation of insight and experience, and Dr Wang will be an integral contributor. Dr Wang’s stellar body of work to date will enable our vision to be implemented and managed expertly, and Ambrosus is incredibly eager to bring him on as a Project Manager,” said Angel Versetti, Ambrosus Co-founder, and CEO.

Most recently the Chief Scientist for Bitquant Research Laboratories in Hong Kong, Dr Wang was responsible for the project management and development of scalable open source trading systems. Prior to this role, Dr Wang worked with Mageia as an Open Source Scientific Developer. Additionally, the former Vice President of Front Office Quantitative Analytics and Equity Derivatives at JP Morgan Chase, Dr Wang issued the first smart contract used in a business transaction in Hong Kong.

“Ambrosus is meeting the rapidly growing consumer demand for supply chain and market transparency. The innovative and emerging technologies being employed by Ambrosus have the potential to transform traditional supply chains and evolve global markets. I am excited to join such a sophisticated and forward-thinking project,” said Dr Wang.

Dr Wang joins a host of industry experts on the Ambrosus Advisory Board including Oliver Bussmann, Ex-UBS Group CIO and president of the renowned Crypto Valley Association, Jaron Lukasiewicz, former CEO of Coinsetter and Cavirtex bitcoin exchanges, Jehan Chu, founder of the Ethereum Hong Kong Community, David Wachsman, CEO of Wachsman PR, and David Drake, President of LDJ Capital. In addition, Parity will serve as Ambrosus’ Core Technology Partner.

“As we begin our transition from prototypes and pilot projects to combining the emerging technology and partnering with global leaders, Dr Wang will bring an invaluable insight and unmatched expertise which will be extremely beneficial as we drive product development forward in order to create a safer, more transparent supply chain,” said Versetti.

Dr Wang joins Ambrosus along with eleven new appointments including three R&D assistants for the activities at the EPFL Innovation Park (Swiss Federal Institute of Technology, Lausanne Campus), five additions to the business development team, and three administrative/legal assistants.

For more information on Ambrosus, visit www.ambrosus.com

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About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

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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