The company’s main product is Bankchain, a cloud-based platform as a service (PaaS) blockchain settlement solution for capital markets. In 2016, Paxos partnered with Euroclear to provide blockchain settlements for London's bullion market and this partnership is said to have ended in July 2017.
Management
The Paxos CEO is co-founder Charles Cascarilla, and its board of directors includes the former chairwoman of the U.S. Federal Deposit Insurance Corporation (FDIC) Sheila Bair; former Democratic U.S. Senator William Warren "Bill" Bradley; former chairman of the Financial Accounting Standards Board (FASB) Robert H. Herz; and former chairman, president, and CEO of Lotus Development Corporation Jim Manzi.
Timeline
People
Charles Cascarilla
Founder
Jenn Phillips
Employee
Jim Manzi
Sheila Bair
William Bradley
Further reading
Paxos launches new stablecoin, Paxos Standard (PAX)
Paxos Standard token
Web
Paxos Unveils Dollar-Backed Stablecoin Approved by New York Regulator
Nikhilesh De
Web
What is Paxos Standard (PAX)? | Complete Beginners Guide
Steve Walters
Web
Documentaries, videos and podcasts
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Companies
Paxos (company)
Cryptocurrency
Company
Financial services
Stablecoin
Fiat-collateralized
New York City
United States
Proof-of-work system
Ethash
Charles CascarillaCategories
BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
Financial technologyFinancial technology, also commonly referred to as FinTech, is a suite of technological innovations replacing and competing with the delivery of traditional financial services and products.
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