OIO Holdings Appoints Rudy Lim as CEO of Blockchain Business Subsidiary

OIO Holdings, a Singapore-based 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 services provider, announced today that it has appointed Rudy Lim as CEO for its blockchain business subsidiary. OIO is listed on the Singapore Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (SGX) and the company partnered with Moonstake in 2020 to promote blockchain staking.

According to the official announcement, the company is planning to promote B2B blockchain staking services. Moonstake and OIO collaborated on various projects in the past including a strategic alliance in February 2020 for joint ownership of the intellectual property for Moonstake’s staking-related products.

Lim spent more than 2 years as Head of Fintech at Singapore’s DBS Bank. During his time at DBS, Lim launched a program called Startup Xchange to support entrepreneurs providing innovative solutions to business problems. The newly appointed CEO spent more than 4 years at Singapore Press Holdings.

"I am honored to serve as the chief executive officer of OIO Singapore Pte Ltd, an extraordinary company with tremendous potential, having talented people and partners such as Moonstake at its core. Blockchain and innovation are two dominant forces driving change for our clients and must have the entire company's undivided focus. My goal is to ensure that we meet these commitments to our customers, employees, shareholders, and stakeholders through strong values, leading innovation, and passion," Lim said on his appointment.

Blockchain Services

OIO and Moonstake are planning to accelerate the adoption of blockchain staking in the region with the new hire. Moonstake aims to provide secure and efficient blockchain solutions to the businesses.

"OIO is a key local partner, helping to accelerate B2B staking as a service and wallet solution for Moonstake in this fast-growing market. I look forward to the onboarding of Mr. Rudy Lim, who with his previous experience and proven leadership capabilities, will make him an incredible asset to OIO and fasten the growth even further for Moonstake," Lawrence Lin, CEO of Moonstake said in the recent statement.