New York
3 February 2017
Reporter: Katherine Brown

WSBA launches Blockchain Assets Working Group


The Wall Street Blockchain Alliance (WSBA), a non-profit trade association, has announced a new working group focused on ‘native assets’ that rely on public blockchains.

The Blockchain Assets Working Group will be chaired by Chris Burniske, blockchain products lead at ARK Investment Management, and will explore a number of aspects such as underlying technologies, development teams, economics and market behaviour.

Chris Burniske joined ARK as an internet analyst, covering big data, cloud computing, cybersecurity and cryptocurrency, in 2014. He currently collaborates with the ARK business development team and works on research in the blockchain space.

Ron Quaranta, chairman of the WSBA, said: “Chris Burniske has been a member of the WSBA almost since inception and is no stranger to providing thought leadership to our members as well as the wider marketplace.”

He added: “We look forward to our global membership benefiting from his expertise and leadership in this increasingly important aspect of blockchain platforms.”

Burniske commented: “Instead of focusing on how blockchain technology can be employed within existing financial architectures, this working group will return to the genesis of the blockchain movement that saw the need for native assets to keep decentralised and open systems in economic balance.”

He continued: “The working group will emphasise that the assets are just as important as the technology, providing participants the environment they need to stay on top of the latest developments in public blockchain networks.”

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