Algorand Appoints Dual Ph.D. Rock Star Pablo Azar as Chief Economist

Blockchain company adds depth in monetary and economic policy with senior executive hire

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Algorand,  say that it has named Pablo Azar as Chief Economist who will be responsible for guiding Algorand’s economic policies.

With a double Ph.D. from MIT, Mr. Azar will bring his unique expertise regarding the application of computer science and cryptography toward the creation of better market mechanisms. Further, he will be responsible for expanding the visibility of Algorand’s economic policy and enhancing the tools necessary for developers to build on the Algorand platform.

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On the heels of announcing Steve Kokinos and W. Sean Ford as CEO and COO, respectively, Mr. Azar’s appointment as Chief Economist is another advancement for Algorand as it continues to develop its executive team.

“As momentum around tokenization increases, so does the need for sound economic management,” said Steve Kokinos, CEO at Algorand. “With his deep background in economics and computer science, Pablo will ensure our community has economic policies and tools necessary for businesses to build on our foundational platform.”

As consumers drive economies toward an increasingly digital, transparent, and borderless reality, businesses must embrace technology that supports decentralization to both remain strategically relevant and to participate in the economic potential of this new decentralized world. As a scalable, secure and decentralized platform and digital currency that solves the “blockchain trilemma,” Algorand serves as the foundation for existing businesses and new projects to operate globally in the emerging decentralized economy.

“Algorand’s main goal is to build a blockchain that adds real value to the economy,” said Pablo Azar, Chief Economist at Algorand. “The kind of research problems being undertaken by Algorand intersect with many subfields of economics. My initial focus is on key issues such as mitigating the risk faced by our users and collaborating with industry partners in order to design new economic applications. I look forward to being part of a team of outstanding academics, engineers, and business experts.”

Pablo is joining Algorand from a 10-year stint at MIT, where he worked on cryptography and macroeconomics, including the development of rational interactive proofs, using software engineering metrics to understand the complexity of US Financial regulations, and developing models on the formation of supply chains and their effects on economic growth. His work has been featured on Bloomberg, The Atlantic, and US News and World Report. He received a B.A. in Applied Mathematics from Harvard, a Ph.D. in Computer Science from MIT in 2014, and will receive a Ph.D. in Economics from MIT in 2019.

Based in Boston, and founded by cryptography pioneer and Turing award winner Silvio Micali, Algorand solves the “blockchain trilemma” with a platform that delivers decentralization, scalability and security. Algorand provides a foundation for existing businesses and new projects to operate globally in the emerging decentralized economy. Algorand’s first-of-its-kind, permissionless, pure proof-of-stake protocol supports the scale, open participation, and transaction finality required to build systems for billions of users.

For more information, visit https://www.algorand.com/.

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) and ICO event organiser
at leading industry event CryptoFinancing (Europe's first ICO event now
branded Tokenomicon)
– 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. Chevalier (Knight) - Ordre des
Arts et des Technologies at Crypto Chain University and an Advisory
Board Member of International Decentralized Association Of
Cryptocurrency And Blockchain (IDABC) as well as Advisory Board Member
at U.S. Blockchain Association. 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, San Mateo, San
Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel
Aviv,  Utrecht, Venice,  Visakhapatnam, Zwolle and
Zurich.  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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