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Visa’s Blockchain Expert, Jon Downing, Joins BTL Group

  • March 14, 2017

Photo: Bloomberg

BTL GROUP LTD. (TSX Venture: BTL) announced today that Jon Downing is joining its advisory board. He brings over 25 years experience at large global brands, including Visa, JPMorgan, HP Enterprise Services and American Express.

Over the last two years, Downing was a member of Visa Europe’s Innovation Hub, Visa Collab. He set up the blockchain practice at Visa Collab and was responsible for leading multiple proof of concept initiatives with startup companies including BTL – testing ideas across the payments ecosystem, with a specific focus on the blockchain and cryptocurrency domain.

Jon Downing

“I am joining BTL because I passionately believe in the transformational potential of blockchain and Distributed Ledger Technologies,” commented Jon Downing. “BTL have correctly identified and solved for the privacy and scalability challenges through the innovative design and architecture of their Interbit solution – which I directly experienced during the Interbank Settlement pilot, along with BTL’s focus on excellence, meeting and exceeding client expectations, along with building a compelling vision for the future. I look forward to working with BTL’s leadership team and board of directors to help realise the company vision of bringing the world’s critical systems into consensus.”

“BTL has had a strong start to the year with the launch of our European energy pilot and continuing work in the interbank-settlement space,” said Guy Halford-Thompson, BTL’s Chief Executive Officer. “We believe Jon’s experience in the finance space will help us accelerate commercialization of our Interbit platform. Jon’s domain expertise, as well as his experience growing and managing large teams, are critical skills which BTL will greatly benefit from as we continue to expand this year.”

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