IOTA hires Ex-Microsoft employee as Business Developer

IOTA Hub promises further improvements to users of crypto currency exchanges

IOTA has been able to recruit another well-known employee. Pierre Hoffman,  Business Developer who previously worked for TOTAL and Microsoft, will now manage IOTA’s development and operations in Europe.

Hoffman previously worked in the field of Artificial Intelligence (AI) and its development, but since more than a year he pursued a career in distributed ledger systems.

IOTA believes that Hoffman’s experience and understanding of the European ecosystem will help build and monitor business relationships across Europe in a variety of industries. On a broader level, it should also help to support various business development activities across sectors.

New Employee, more Business

Hoffman believes that his experience of working with companies will help to support IOTA’s expansion into business and various organizations, thereby increasing the acceptance of IOTA.

He said:

“This experience is the opportunity of a lifetime, to make the system evolve from the way we know it today. Working with companies and other various public agencies on highly disruptive business models that are shaping an entire new landscape of opportunities across numerous industries, is one of the most exciting tasks on the agenda.”

To build a sustainable future, Hoffman says it’s important to work on the foundations and understand the needs of the industry:

“I truly believe that IOTA is the missing piece of the puzzle that will enable a smart revolution driven both by permissionless co-creation and the appetite for radically new approaches. Therefore, it is of major importance to listen and understand the industry’s needs, to shape broad and seamless ecosystems in order to build a better and more sustainable future.”

Hoffmann is not the first well-known employee at the IOTA. The foundation already had hired Dr. Klaus Schaaf and Johann Jungwirth CDO (Chief Digital Officer), both from Volkswagen.

IOTA’s (MIOTA) price continues stable at 0,48$US, up 1% from yesterday. The last 7 days, IOTA’s price moved not even 1%.


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