The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, as per a press release on Swisscom’s web site, Jan. 30.

As major native news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the manager accepted the position of president of the Crypto valley Association. Speaking in comments to Swissinfo, Haudenschild said the 2 moves were unconnected.

The chief executive officer declined to comment more on his call to leave Swisscom, solely mentioning that he would still remain a shareholder in Swisscom Blockchain. once asked regarding his future plans, Haudenschild declined to provide details, telling Swissinfo:

“It is my basic belief that blockchain will make things better that are presently broken, like financial inclusion and proof of provenance.”

Swisscom’s current CDO and head of digital business, Roger Wüthrich-Hasenböhler, is ready to require over as acting CEO of the company’s blockchain unit, the press release reports.

According to Wüthrich-Hasenböhler, Haudenschild had played a key role within the establishment of Swisscom Blockchain in 2017, noting within the press release “he created blockchain-based solutions accessible to different firms.”

As Top Market Group previously reportable, Swisscom recently partnered with the Zurich University of Applied Sciences to form an authorized e-signature for legally authenticating blockchain-based smart-contracts.

Haudenschild isn't the sole chief executive officer within the blockchain business to recently leave their post. Earlier this month, Top Market Group reported that the CEO of blockchain media firm Po.et, Jarrod Dicker, had conjointly stepped down from his position. bargain left the firm to become vice chairman of commercial technology and development at the Washington Post, where he antecedently served as its vice chairman of innovation and commercial strategy.

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