Finboot chairman joins the council of blockchain connected to support wales’ thriving tech scene

November 2, 2021

Finboot Chairman Nish Kotecha has been appointed to the Leadership Council of Blockchain Connected - a dedicated network representing the growing blockchain community in Wales.

Part of Technology Connected, the leading network for technology in Wales, Blockchain Connected aims to build and promote the profile and adoption of Blockchain technologies and organisations in Wales and beyond.

Finboot, which is headquartered in Cardiff and backed by the Development Bank of Wales, gives its world class customers a competitive edge through accelerating their digital transformation, realising value and building trust through blockchain. Its customers include Iberia, Stahl and Thales.

Kotecha joins Blockchain Connected’s 12 existing Council members on their mission to bring together the best minds in academia and industry to enable industries to adopt blockchain while influencing stakeholders on its significance and potential for the local and global economy as well as developing the next generation of talent.    

Tapping into Wales’ burgeoning tech scene, Blockchain Connected is a collaborative community that aims to ensure blockchain is a key part of the future of the economy - within Wales and beyond.

As the latest member of Blockchain Connected’s Leadership Council and Chairman of Finboot, Nish Kotecha, commented: “It’s an honour to be able to join the talented team behind Blockchain Connected and help further its mission to harness the growing pool of exceptional talent here in Wales and connect it with opportunities in industry. Through forging more collaboration and partnerships, we can strive to make Wales the Centre of Excellence for Blockchain.”

Blockchain Connected Chair, Dr Cerian Jones commented: “With a strong background in tech entrepreneurship and blockchain, Nish brings a wealth of experience to the role, which will help bring new ideas and forge new connections. Wales is a significant and growing hub for technology and innovation, and Blockchain Connected aims to harness and realise this potential on a larger scale.”

Finboot has developed MARCO, an ecosystem which brings together blockchain technologies in one place, connecting multiple ledgers simultaneously. It enables companies to incorporate blockchain within their value and supply chains, bring traceability, transparency and compliance which, in turn, helps them meet sustainability and ESG requirements while also increasing operational efficiency.  

Earlier this year, Finboot successfully raised GBP2.6 million, thanks to investments led by the Development Bank of Wales, energy company Repsol and New Look Founder, Tom Singh.