IOHK CEO Charles Hoskinson teams up with predictive analytics firm
Ethereum co-founder Charles Hoskinson has joined predictive analytics firm Endor as a senior advisor, while continuing in his current role as CEO of Input Output Hong Kong.
Blockchain maestro Charles Hoskinson – the co-founder of the Ethereum platform and latterly Cardano – has been recruited as a senior advisor to Endor, a block-chain-supported predictive analytics software provider based in Tel Aviv. Hoskinson will continue in his current role as CEO of Input Output Hong Kong, which he co-founded in 2015 with the aim of providing peer-to-peer financial service innovations for the world’s three billion underbanked.
“We’re thrilled that Charles Hoskinson will be joining Endor as a senior advisor,” said Endor CEO Yaniv Altshuler of the recruitment coup. “His experience and expertise derived from his foundational work on Cardano and Ethereum, two of the leading companies in the burgeoning blockchain sector, speaks for themselves. We have some incredibly exciting, innovative projects planned for release in the coming months and we are certain that his insights and leadership will make invaluable contributions to making them a huge success.”
Founded by MIT Lab sociophysics researchers in 2014, the block-chain-supported Endor technology uses automated artificial intelligence to analyse data and determine patterns in the area of consumer behavior, providing businesses such as leading banks and retailers with valuable predictive insights – with the company claiming a reported 80 percent accuracy rate from its clients on generated predictions.
According to a press release, Hoskinson, who will begin working closely with Endor in the coming weeks, will be tasked with providing guidance and counsel as to the evolving cryptocurrency sector while also heading up a new, unspecified strategic project within Endor – with details to announced in the near future. The data analytics firm says that is set to grow its service-line and expand the scope of its predictive analytics engine.
Recently presenting to Deloitte in Tokyo on Cardano and blockchain technology, as well as addressing the 2019 Japan Blockchain Conference in Yokohama, Hoskinson said on twitter of his new advisory role: “I'm very excited to be working with Endor. They are trying to tackle some of the most interesting and difficult problems and have an excellent team from some of the best universities.”
Yet, responding to speculation on Reddit, Hoskinson has since clarified that he will continue in his current positions, tweeting: “To the idiots and FUDsters (crypto jargon for someone who spreads Fear, Uncertainty and Doubt through the investment community in order to impact prices), I have not left IOHK or Cardano. Being an advisor for a project does not mean that I am abandoning or slowing down upon existing commitments. It is unbelievable the garbage being said on telegram and reddit. Cardano is my primary passion and work.”
Based out of Hong Kong, IOHK is developing Cardano as a fully open-source decentralised public blockchain and cryptocurrency platform – described as havening more advanced features than any protocol yet developed and the first to evolve out of a scientific philosophy and a research-first driven approach. Experts from PwC, among others, have predicted that 2019 will be a big year for the crypto sector, with the launch of BCG-backed New York crypto-bourse Bakkt evidence of the sector’s increased mainstreaming.