Lykke Corp Is Launching The Open Initiative To Combat The Fallout From The Current Pandemic

The Open Initiative is a platform for proposals aiming to enhance the current financial system with new tools and services which unlock resources at the service of the people and their governments.
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* Blockchain

Industry:
* Financial

Location:
* Zug - Zug - Switzerland

Subject:
* Products

ZUG, Switzerland - May 19, 2020 - PRLog -- Lykke is inviting people and organizations from around the world to contribute with their ideas and resources. The proposed initiatives include:

●        Supply chain platform

●        Digital vouchers platform

●        Real-time information system for decision-making

●        Research initiatives

The Open Initiative will fund community solutions for key proposals to address crisis impact. Lykke is also seeking funding from individuals and organisations, including governments, to come forward with business proposals for the whole project and/or specific components. The problem-solving approach of the initiative has already awakened interest among enterprise, researchers, and professionals of the industry.

Thereby Lykke is delighted to announce that the 13th Chairman of the U.S. Commodity Futures Trading Commission (CFTC), J. Christopher Giancarlo, joins this effort as Strategic Advisor to the Open Initiative. Formerly, he acted as the vice president of GFI Group Inc. where he was responsible for the strategic transactions and relationships of GFI. Giancarlo was also one of the members of the U.S. Chamber of Commerce's Board of the Center for Capital Markets Competitiveness.

Christopher Giancarlo is also known as "Crypto Dad" mainly because of his efforts in promoting a blockchain-based US dollar regulated by the Federal Reserve. Due to the expertise of Christopher Giancarlo in blockchain technology, his endorsement of the Open Initiative is expected to yield tangible benefits.

"We are delighted that Christopher Giancarlo is joining the Open Initiative, we are excited that he is supporting us at this crucial time in our business. There is a global revolution going on that combines blockchain technology, finance, and positive social change. I am confident that Chris Giancarlo has the vision and capability to play a significant role in shaping this revolution." - Richard Olsen (CEO of Lykke).

All Open Initiative submissions will compete for funding in the form of a prize, one per each of the four fields of action. The winners will be determined by a Prize Committee that includes the following people:

●        Richard Olsen  - CEO of Lykke Corp and Co-founder of OANDA

●        Christopher Giancarlo  - Former US Commodity Futures Trading Commission Chairman

●        Ashkan Nikeghbali - Chair in Financial Mathematics at the Zurich University

For further information on how to participate in The Open Initiative, please contact: openinitiative@lykke.com

About Lykke:

Lykke is a Swiss-based blockchain company and financial product provider. A pioneer in the blockchain space, Lykke has several years of international operational experience with a sophisticated financial engineering team, scalable blockchain infrastructure and in-depth know-how in the tokenization of assets of all types.

Contact
Marina de Mattos
***@lykke.com
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Tags:Blockchain
Industry:Financial
Location:Zug - Zug - Switzerland
Subject:Products
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