With the advent of 2019, Demetrios Zamboglou joins a new venture. The expert in fintech and blockchain became the COO of ICON Capital reserve, a company founded by J. Bradley Hall to allow institutional clients to create, exchange and reserve value using gold and blockchain technology.
ICON offers its customers primarily people with high net worth and AUREALS ™ family offices, which is a one gram gold measure.
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So far, the founder of ICON J. Bradley Hall and his small team have established successful relationships with private clients in Europe, Asia, GCC, CIS and the Americas. Initially, the company used the Color Coin protocol of the blockchain, which was subsequently updated to offer AUREALS ™ via ERC20 and CINTAMANI ™ via ERC721 as intelligent contracts on Ethereum.
Zamboglou will be based in London, where the company is establishing its new branch.
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Commenting on the expansion of ICON, the company's CEO, J Bradley Hall, told Finance Magnates: "The hype phase of ICOs that seem to be nothing more than high school projects is ending and like Voltaire he noted a long time ago virtually all tokens will return to their intrinsic value, which is zero. "
"We avoided the temptation to offer a so-called utility token (or alchemy) and instead we continued to invest heavily in a fundamental core that supports AUREALS ™, a merger of GOLD and Blockchain that isolates the holders from currency, institutional and systemic risk" elaborate hall.
Demetrios Zamboglou has shared with Finance Magnates that his entry into ICON is the result of his opinion that blockchain technology is creating an unrepeatable opportunity.
"Brad and I started to spend some time with London and it became obvious that we" clicked. "We shared a vision of where the space was moving and where the most significant opportunities are available", explained Zamboglou.