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Market News

Jutta Steiner Left Polkadot’s Parent Company Parity Technologies

Jutta Steiner was involved in the development of the most anticipated Polkadot blockchain network.

Written By:
Rajpalsinh

Last updated: November 26, 2021 1:22 PM
Published November 26, 2021 1:22 PM
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Last updated: November 26, 2021 1:22 PM
Published November 26, 2021 1:22 PM
Jutta Steiner Left Polkadot’s Parent Company Parity Technologies

In Brief:

  • Jutta Steiner resigned from CEO of Parity Technologies after serving from 2015.
  • She was involved in the development of the Polkadot blockchain network. 
  • Gavin Wood might become a new CEO of the Company.

Jutta Steiner, CEO and Co-founder of Parity Technologies has confirmed his resign from the post after serving 7 years in the company. Parity Technologies is the prominent company behind the most promising project, the Polkadot blockchain network.

Earlier this year, A Spokesperson from Parity technology came forward to announce the resignation of the CEO. Jutta Steiner has worked since 2015.

The spokesperson has also announced the replacement as Gavin Wood could lead the company on CEO post. Steiner has not commented on his resignation till now. 

Steiner was involved in the development of the Polkadot blockchain and before that she was overseeing network security for the Ethereum blockchain.

Recently, Polkadot has announced the rollout of its first parachain project, and Acala won the first slot in Polkadot’s Parachain auction. Acala is the Ethereum-compatible DeFi protocol. 

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Polkadot (DOT)
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By Rajpalsinh
Meet Rajpalsinh, a Content Writer at The Crypto Times, where his magical hands, with over 2 years of experience, transform the cryptic world of crypto into laughably simple tales.

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