Kraken Appoints Mike Davidson as Its New Vice President of Design

Kraken, a US-based cryptocurrency exchange, announced on Tuesday that it has hired Mike Davidson as Vice President of Design. According to the company, Davidson will arrive at the exchange to bolster client experiences across the full suite of products offered nowadays.

Prior to joining Kraken, Davidson worked for over 20 years in major companies such as ESPN, Disney and Twitter. In addition, he is known for being the Founder of Newsvine, which NBC News later acquired. “Mike’s strong track record of design leadership will have a huge impact at Kraken as we continue to grow into new markets,” Jeremy Welch, Kraken’s Chief Product Officer, commented on the appointment.

The new Vice President of Design is set to work together with the Marketing, Product and Engineering departments of Kraken to complement them in the ongoing processes held within the crypto exchange. “So much of designing is about learning, which for me means immersing myself in environments that are completely new. When I look at Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, I see a paradigm shift, not only financially but culturally. I see a future where all assets, physical or digital, are instantly tokenizeable and tradeable, without having to deal with the fee-charging middlemen of the last century,” Davidson stated.

Kraken pointed out in the announcement that the rise in popularity in assets such as NFTs, DAOs and the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term’s integration across several industries instates them to meet clients’ demands by expanding the team and onboarding highly-experienced experts.

Seeking European Licenses

In August, Jesse Powell, CEO of Kraken, revealed that the crypto exchange is attempting to gain a European regulatory license and is planning to achieve it by the end of this year. “We are working on a license in an EU country,” Powell commented at that time.

The San Francisco-headquartered exchange has started talks with multiple regulators on the continent. It has already shortlisted Malta, Luxembourg or Ireland to be its European base, but it has not decided which location yet.