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Press Release

Uri Stav, former CSDO of Genesis joins Locus Chain as Advisor

Bloom Technology, the developer of the fully decentralized next-generation blockchain with high performance and unlimited scalability Locus Chain, has announced their new team member, Uri Stav as an advisor to the technology sector of the Locus Chain.

Uri Stav is a technology, security and cryptography professional with over 25 years of experience, leading security and complex systems engineering teams, including work across a range of government organizations. He has been involved in digital asset and blockchain technology and cybersecurity since 2009, when Bitcoin has firstly appeared.

Uri Stav has served for last 6 years as Chief Security & Development Officer of Genesis Global Trading, which is a wholly owned subsidiary of Digital Currency Group (DCG), the largest conglomerate in the -digital assets and blockchain space. DCG is currently the largest -investor in North America focusing on the digital currency market. Currently, DCG’s assets under management are estimated to be around $90 billion dollars, and it is involved in more than 300 blockchain and crypto projects. Genesis, Grayscale, Coindesk and 4 similar other big crypto firms are wholly-owned subsidiaries of DCG.

Locus Chain, developed by veteran game developers at Bloom Technology, is a next-generation layer 1 chain that achieves the best performance and unlimited scalability while maintaining the complete decentralization. Thanks to its ultra-low-cost nodes, which can be operated on devices with low computational power such as mobile devices, Locus Chain can be put into practical use globally as well as in IOT fields where countless micro-transactions occurs.

Recently, Bloom technology has successfully replaced the original game server of the online game “Kingdom under fire” with Locus Chain. This unprecedented technological achievement of Locus Chain is expected to open new opportunities in the decentralized online game services industry hosted by online game players.

“We are very glad and thrilled to have Uri as the advisor of Locus Chain. As a cryptography expert Uri has high reputation in Blockchain Industry from the early stage. We are confident that Uri will guide us to make Locus Chain the most reliable layer 1 chain.” said Sang Yoon Lee.

“I’ve seen a lot of L1 blockchain projects so far, but Locus Chain is one of a kind : -natively decentralized with high-performance capabilities,” Uri Stav said. “We’re going to put this advanced technology into some serious use.

Website: www.locuschain.com

BLOOM TEHCNOLOGY:

Korea Office: RM 802, Pangyo Seven Venture Valley1 2dong, 15, Pangyo-ro 228beon-gil, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea (13487)

Contact: Business Development Manager at Bloom technology: 

David Wang [email protected]

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