Digital Currency: Appointment of Greg Prokter as CTO at Bitt

Leader in central bank digital currency announces new CTO

1er December 2022, Bitt solidified its leadership in the global digital currency industry by proudly announcing the appointment of Greg Prokter as the company’s Chief Technology Officer.

A multilingual and seasoned tech executive, Mr. Prokter is the latest addition to the esteemed leadership team that includes experts in economics, digital currencies and blockchain. He will lead Bitt’s global team of engineers and developers to provide increased support for the company’s deployments in 12 countries across Africa, Central America, Europe and the Caribbean.

Bitt’s digital currency management system has enabled the company to secure more projects related to central bank digital currencies and stablecoin globally. Building on Bitt’s steady growth is of paramount importance to the new CTO, who said, ” I am very proud to join Bitt at this time of company and industry development. I look forward to leveraging my experience and technology skills to deliver additional solutions to solve complex business problems and drive business value and growth. »

Mr. Prokter has served as Chief Architect, Chief Technology Officer and Vice President, Engineering at several web, networking, blockchain and payment companies and financial institutions. Most recently, he served as Vice President of Engineering at Stanford Credit Union, where he led the design and delivery of the credit union’s back-end integration with ” Google Plex as a Google front-end application.

A Principal Architect at PayPal, he designed and delivered PayPal’s digital wallet which, during his tenure, served 377 million users in over 200 countries. As Principal Architect at Silicon Valley Bank, Mr. Prokter designed and implemented the new core banking, fraud prevention, compliance and payment systems. While CTO of PayCertify, he led the design and delivery of the payment platform for e-merchants, which included a payment processing gateway, virtual card issuance, mitigation chargebacks and additional value-added services.

Bitt CEO Brian Popelka said: We are pleased to welcome Greg to the Bitt management team. His extensive leadership experience, skills and technology acumen will allow him to further develop the scalability and features of our DCMS, which will propel the company into the next chapter of its history. »

About Bitt

bitt is a global financial technology company that provides cryptocurrency solutions to central banks, financial institutions and ecosystem participants worldwide. Bitt’s Digital Currency Management System is the secure infrastructure needed by monetary authorities to deploy central bank digital currencies and financial institutions to integrate digital currencies into their financial services offerings. Bitt’s DCMS has been deployed in 12 countries in Africa, Central America, Europe and the Caribbean. Bitt is a portfolio company of Medici Ventures, LP, a blockchain-focused fund. The general partner of this fund is an affiliate of Pelion Venture Partners.

About Overstock.com

Overstock.com, Inc.. (NASDAQ:OSTK) is an online retailer and technology company based in Salt Lake City, Utah. Its leading e-commerce site offers a wide range of new home products at low prices, including furniture, decor items, rugs, bedding and bath items, home improvement items, and Moreover. The online store offers millions of products that tens of millions of customers visit every month. Overstock regularly publishes information about its activities and other related aspects on the pages ” Press room ” and ” Investor Relations from Overstock.com.

O, Overstock.com, O.com and Club O are registered trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names that may be referred to herein are the property of their respective owners. respective holders.

About Pelion

Pelion Venture Partners is an early-stage venture capital firm. Pelion, which is currently investing in its seventh fund, invests in Seed and Series A software companies across the United States.

Digital Currency Appointment of Greg Prokter as CTO at Bitt

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Digital Currency: Appointment of Greg Prokter as CTO at Bitt


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