Algorand (ALGO) hires Ripple's head of engineering as CTO

JH Kim

Summary

Algorand said it has hired Ripple's head of engineering, Nikolaos Bougalis, as chief technology officer (CTO).
Bougalis was described as a key engineer who led XRP Ledger development for about 10 years.
The hire is expected to strengthen Algorand's blockchain technology development capabilities.

On the 29th (local time), according to CoinDesk, a media outlet specializing in virtual assets (cryptocurrencies), the Algorand (ALGO) Foundation hired Ripple's head of engineering, Nikolaos Bougalis, as chief technology officer (CTO).

Bougalis has been a core engineer leading XRP Ledger development for about 10 years. With this hire, Algorand is expected to accelerate efforts to strengthen its blockchain technology development capabilities.

XRPL

ALGO

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

Algorand (ALGO) hires Ripple's head of engineering as CTO

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