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Blockchain-based data exchange company Datawallet has announced the appointment of Jeffrey Wernick to its advisory board.

Wernick is one of the early investors in Bitcoin and had put his money on the digital asset as early as 2009. He is also a veteran of the financial sector and was associated with companies like Salomon Brothers and the National Bank of Detroit. After the acquisition of his own risk management firm, AVI Portfolio Services Company, Inc., in 1984, he worked as a portfolio manager. He is also one of the investors of Silicon Valley giants like Uber and Airbnb.

Time to buy the dip?

Mentioning this appointment, Wernick said: “I have given talks articulating the principles of my Data Manifesto. Property. Permission. Portability. Personhood. We reclaim ownership of ourselves and the value we create which is generally expropriated from us. Serafin and Datawallet share these values.”

This is the second role of Wernick in a blockchain firm as he is already a member of the advisory board of Qtum, which he joined last year.

Control of data

Datawallet is a US-based firm which developed a platform to enable its users to take control of their digital data. Users can choose with whom they want to share their data and also have the option to monetize their digital data. Amid the recent Facebook data breach, data protection has become a hot topic in the tech community, and the team of Datawallet is optimistic about its project.

“Since recently closing our $40M token sale, we’ve been making significant and exciting progress toward our mission of empowering data ownership. Jeffrey’s knowledge of growing technology-focused companies is invaluable, and bringing an experienced investor like him on board will be an incredible asset in the process of securing the meaningful partnerships necessary to realize our vision of becoming the data layer of the internet. We are proud to have him as part of the rapidly growing Datawallet team,” Serafin Lion Engel, Datawallet CEO said.

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