- Marshall Ball is an Assistant
Professor of Computer Science at NYU Courant. His research is
focused on theoretical computer science, particularly the
foundations of cryptography and computational complexity.
- The Company's advisory board is now composed of four members
with expertise across global payments, fintech, finance, and
computer science.
VANCOUVER, BC, Feb. 2, 2022
/CNW/ - Wellfield Technologies Inc. (TSXV: WFLD) (FRANKFURT:
K8D) (the "Company" or "Wellfield"), is pleased to announce that it
has named Marshall Ball, a globally
recognized professor and researcher, as the fourth member of the
Company's advisory board. This follows the appointments of globally
recognized computer science expert Amir
Shpilka, Global Payments and Fintech Leader
William Keliehor and Global
Financial Leader, Professor Tamir
Agmon, during late 2021.
Management Commentary
Levy Cohen, CEO of Wellfield commented, "As we
prepare to begin launching solutions in 2022 aimed at addressing
some of the biggest challenges facing decentralized finance (DeFi)
today, it is imperative that we have access to the best and
brightest minds available. Asst. Prof. Marshall Ball brings valuable insight from the
worlds of cryptography and computational complexity and is well
positioned to advise our team particularly as we launch initial
functionality under our Seamless protocol-layer brand, later this
year. Asst. Prof. Ball has contributed to Seamless research and
development from its early days. Our advisory board is now composed
of globally renowned computer science researchers, as well as
proven experts in the financial and global payments worlds, which
we feel will both augment our efforts to crack some of the most
persistent problems that DeFi is facing today, while ensuring what
we develop is both applicable and compatible with the world of
traditional finance."
Asst. Prof. Marshall
Ball
Marshall Ball is currently an
Assistant Professor of Computer Science at NYU Courant. His
research is focused on theoretical computer science, particularly
the foundations of cryptography and computational complexity. Asst.
Prof. Ball completed a PhD at Columbia
University, where he was advised by Tal Malkin, a world-renowned cryptographic
researcher and professor at Columbia
University. In the midst of Asst. Prof. Ball's doctoral
studies, he spent two and half years visiting the FACT Center at
IDC Herzliya, Israel. After
graduating, he was a postdoctoral scholar at the University of Washington, supported by a NSF/CRA
Computing Innovation Fellowship, under the guidance of Huijia Lin and Stefano
Tessaro, both globally recognized researchers. For the
academic research papers authored or co-authored by Asst. Prof.
Ball, please click here.
About Wellfield Technologies
Wellfield is focused on unlocking the power of decentralized
finance (DeFi) by building open and accessible decentralized
protocols and also blockchain based consumer products. Seamless -
the Company's protocol layer brand - focuses on solutions that
enhance and optimize liquidity in the Ethereum ecosystem, make
Bitcoin compatible with DeFi, and enable decentralized cross
blockchain exchange. MoneyClip - Wellfield's application layer
brand - is powered by DeFi to enhance everyday financial products
and make money work for the way people live.
Cautionary Notice on Forward-Looking
Statements
This press release contains statements that constitute
"forward-looking information" ("forward-looking information")
within the meaning of the applicable Canadian securities
legislation. All statements, other than statements of historical
fact, are forward-looking information and are based on
expectations, estimates and projections as at the date of this news
release. Any statement that discusses predictions, expectations,
beliefs, plans, projections, objectives, assumptions, future events
or performance (often but not always using phrases such as
"expects", or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans", "budget", "scheduled", "forecasts",
"estimates", "believes" or "intends" or variations of such words
and phrases or stating that certain actions, events or results
"may" or "could", "would", "might" or "will" be taken to occur or
be achieved) are not statements of historical fact and may be
forward-looking information. Forward-looking statements in this
news release include statements regarding the Company's success in
launching the protocols and other technologies and utilities
discussed herein. In disclosing the forward-looking information
contained in this press release, the Company has made certain
assumptions. Although the Company believes that the expectations
reflected in such forward-looking information are reasonable, it
can give no assurance that the expectations of any forward-looking
information will prove to be correct. Known and unknown risks,
uncertainties, and other factors which may cause the actual results
and future events to differ materially from those expressed or
implied by such forward-looking information. Such factors include,
but are not limited to: compliance with extensive government
regulations; domestic and foreign laws and regulations adversely
affecting the Company's business and results of operations; the
impact of COVID-19; the decentralized finance industry generally,
in Canada and abroad; and general
business, economic, competitive, political and social
uncertainties. Readers are cautioned that the foregoing list is not
exhaustive and readers are encouraged to review the listing
application prepared in accordance with the policies of the TSXV
and other disclosure documents accessible on the Company's
SEDAR profile at www.sedar.com. Readers are further
cautioned not to place undue reliance on forward-looking statements
as there can be no assurance that the plans, intentions or
expectations upon which they are placed will occur. Such
information, although considered reasonable by management at the
time of preparation, may prove to be incorrect and actual results
may differ materially from those anticipated. Except as required by
law, the Company disclaims any intention and assumes no obligation
to update or revise any forward-looking information to reflect
actual results, whether as a result of new information, future
events, changes in assumptions, changes in factors affecting such
forward-looking information or otherwise.
The TSXV has neither approved nor disapproved the contents of
this news release. Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this
release.
SOURCE Wellfield Technologies