Former PayPal Exec and Leading Online Reputation Expert Join Monetha As ICO Date Approaches
Monetha, an innovative blockchain enterprise committed to revolutionizing global commerce with their simple, trustful payment solution, is proud to welcome two highly-experienced new team-members to their expanding company.
[Note: This is a press release.]
Eric Duprat and Dr. Jean-Marc Seigneur bring incredible expertise and skills to Monetha. They will help the brand achieve its groundbreaking worldwide goals as laid out in their dynamic roadmap: the company has been on-target since it launched in January 2017 – and is set to change the way merchants and buyers work together.
How? With their new, bold, powerful Decentralized Trust and Reputation System (DTRS).
Mr. Duprat and Dr. Seigneur might have different backgrounds, but their shared knowledge and skills make them a formidable combination.
Mr. Duprat is Monetha’s new Payments Lead, while Dr. Seigneur is Decentralized Trust and Reputation Lead.
Mr. Duprat has over 20 years’ experience in global payment and security systems. He enjoyed huge success during his time with PayPal – raising their mobile business from $7M to a staggering $4B of payment volume across only 3 years and has led the release of PayPal’s iPhone app.
Duprat studied at the prestigious Stanford University Graduate School of Business and has made major industry innovations. He has a proven skill for driving start-ups to unparalleled success and for spotting powerful opportunities with immense potential.
Mr. Duprat also participated in the POS industry’s evolution as it raced toward mobile and multi-functional devices.
He said of Monetha:
The DTRS is an excellent idea. After reading their white paper it was clear to see that the team had really done their homework and I am very excited to join their mission.
Dr. Jean-Marc Seigneur
Dr. Seigneur is a recognized expert in trust and online reputation management and a PhD professor/research and development manager at Geneva University.
He has advised diverse enterprises, including iconic global electronics companies (Philips, Nokia) and game-changing online retailers (Amazon).
On top of this, Dr. Seigneur has assisted the European Commission, French Agency for Research, and the US Air Force Office of Scientific Research in information & security systems.
He has taught IT services engineering and online reputation management at universities in Switzerland, France, and Ireland. Dr. Seigneur has also published more than 100 scientific papers on computational trust and online reputation management worldwide.
Dr. Seigneur said:
I’ve researched attack-resistant computational trust and online reputation management for more than 15 years. Current business online reviews and ratings systems are too limited compared to what can be done with the state-of-the-art. Monetha can clearly improve the situation!
Monetha: The Product
Monetha uses the Ethereum blockchain to process transactions up to 1000x faster than traditional alternatives, with low fixed fees of 1.5%.
Monetha are in phase two of their plans right now: bringing their strategising and prototyping to completion as they build an unbeatable team. Phase three is set to launch with their token sale on 31st of August 2017 – but their ambitious roadmap leads them goal-by-goal all the way to 2019.
Justas Pikelis, Business Lead and Monetha co-founder (with Andrej Ruckij and Laurynas Jokubaitis), said:
We’re incredibly thrilled and humbled to have two experts of Eric and Jean-Marc’s caliber joining Monetha. Both gentlemen will prove integral to our ongoing growth, driving us towards phase three and the launch of our token on the 31th of August – and beyond! We look forward to changing the world as a bigger, better team!
Monetha enables consumers to buy products from any country in the world, using any Ethereum-based cryptocurrency. The platform converts the buyer’s cryptocurrency of choice into a fiat currency, with a QR code designed to be scanned by cryptowallets ready for transactions.
Merchants will usually receive their payments within one minute of the transaction, with that guaranteed 1.5% fee.
Traditional online payment systems involve as many as 16 steps within a single transaction, often carrying large fees. Monetha aims to make this one step only, with a fixed-rate fee far lower to benefit merchants across the globe.
To learn more about Monetha, and follow the countdown to their token sale launch, visit https://www.monetha.io/.
Monetha is on a mission to change commerce – forever. Their Decentralized Trust and Reputation System (DTRS) will empower merchants and consumers alike with the ability to view transparent reviews, building a more trustful process. Monetha will also reduce the number of transaction steps from up to 16 to one, and provide merchants with a fixed commission fee of 1.5%.
Official website: https://www.monetha.io/
Images courtesy of Monetha
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