Bitcoin Exchange itBit Adds NSA Codebreaker and Technology Veteran to its Board of Directors

itbititBit, a bitcoin exchange that leverages block chain technology with traditional capital infrastructure, named two financial technology veterans to its board of directors: Jim Manzi and Ed Giorgio. Manzi is former chairman and CEO at Lotus Development Corp., while Giorgio is a National Security Agency (NSA) veteran and co-founder of Ponte Technologies.

“Jim and Ed are important additions for itBit, which will benefit from their extensive expertise developing products and growing companies in the technology sector,” said Chad Cascarilla, itBit’s CEO and co-founder.

Jim brings over 20 years of investment experience developing and advising technology companies, and Ed’s expertise in cryptography and cybersecurity will help ensure that itBit’s bitcoin exchange and our next generation of block chain based products remain the safest and most secure in the industry.

Leveraging Bitcoin And Traditional Capital Infrastructure

itBit operates a global bitcoin exchange and has services leveraging traditional capital markets infrastructure and block chain technology. The company has taken a rigorous approach to regulatory issues by establishing itBit Trust Co., overseen by the New York State Department of Financial Services.

Manzi and Giorgio are the newest additions to the leadership team. Sheila C. Bair,

Read more ... source: CryptoCoinsNews