Austin’s career spans 20 years in the financial services industry, starting as a partner in Citigroup, then Morgan Stanley, where he became vice president of Morgan Stanley Investment Management. He eventually moved to UBS where, he moved to leadership positions in the UBS consulting spin-off chain.
“Glenn is a highly qualified financial professional with all-round experience that embraces strategy and operations,” said the CEO Ryan Taylor. “His role will help the Dash Core Group optimize its growing operations and manage financial risks within the decentralized governance system that has set apart the Dash project.”
Austin could be a major arrival on the team, with extensive experience in risk management and regulatory uncertainty that currently weighs on the cryptocurrency markets. For a coin like Dash, which focuses on private transactions, along with low commissions and quick transfers, it could be an interesting puzzle.
Dash differs from most of the other coin by its integrated self-governance structure that allows members to vote on proposals and, if approved, administer payments for work done directly by blockchain commissions, as well as its attention to adoption as a traditional payment system.
Its flagship product, Dash Evolution, is expected to arrive in 2018 and aims to become the first “one-click” decentralized payment platform in the cryptocurrency sector.