Factom hires Jay Smith as CMO

By Crystal Wiese – Director of Marketing

Austin, TX  (December 11th, 2017)  Factom, Inc., a Blockchain as-a-Service (BaaS) technology company, today announced that Jay Smith has been appointed Chief Marketing Officer (CMO).  Smith will report to Executive Vice President, Jason Nadeau.

“Jay brings extraordinary business expertise in financial services and marketing leadership to Factom”  said Paul Snow, CEO of Factom. “He is a recognized leader in the delivery of financial industry solutions and has a record of building strategies to accelerate the growth of financial industry services firms. We look forward to leveraging Jay’s industry expertise and recognition.”

Before joining Factom, Smith was at Virtusa where he lead creation of a new agile consulting practice, a new market for the company. His past work experience includes leading large accounts as a senior program manager for Wipro and directing business units at CGI for 18 years. Through his 25 year career, Smith designed and built a broad range of systems for financial services firms giving him a deep understanding of the needs of the industry.

“I am excited to join Factom,” said Smith.  “Factom brings an approach to blockchain more in tune with the needs of enterprise level business, providing the tools to integrate of the power of blockchain immutable ledgers directly into existing business systems to manage risk. The innovative approach delivered by Factom represent a tremendous opportunity and I look forward to applying my industry expertise to solve practical business problems.”

“Factom’s enterprise blockchain solutions continue to innovate and grow. Jay will be a key member of the team leading our marketing and business expansion efforts into several new markets” said Jason Nadeau, Factom’s Executive Vice President. “It is an exciting growth time at Factom. Jay’s expertise and experience will help to accelerate that growth.”

About Factom, Inc.

Factom, Inc. is an Austin-based blockchain technology company on a mission to make the world’s systems honest. People and institutions today can solve hard problems and change the world for the better when they have a reliable framework to build upon. Honest systems free up dead capital, which allows companies to grow and help people lift themselves out of poverty. With clients such as the U.S. Department of Homeland Security and the Bill and Melinda Gates Foundation, Factom is the recognized leader in providing data solutions for blockchain.

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