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avatar for Ryan Smith

Ryan Smith

Chain.com
Co-Founder

Chief Technology officer that provides the technical chops to Chain.com, the startup helping Wall Street utilize blockchain technology.  Smith, who, as the CTO of Chain, is essentially Wall Street’s plumber, changing the pipes on how asset transactions flow — stocks, bonds, you name it — by diminishing the role of middlemen. His fundamental idea is to digitize the world’s assets. Today, financial services sit on an antiquated stack of technologies. Chain builds infrastructure technology for financial institutions to use blockchain (the underlying technology of bitcoin), licensing it so transactions will be run on a decentralized, encrypted ledger. The result: more transparent transactions, faster and cheaper. NASDAQ will use Chain rails to trade private company shares.  Other investors like Visa, Citi, and Capital One have plowed $44 Million into the 2 year old company, valuing it near $150 million.