nChain, a global leader in blockchain research and development and delivery of world-class blockchain solutions for enterprises and governments, including central bank digital currencies (CBDCs) and micro payments, today announces the appointment of Mr Christen Ager-Hanssen as its new group Chief Executive Officer.

nChain is committed to the adoption of the Bitcoin (BSV) Blockchain by users on a global scale and provides technical and development support to the Bitcoin Association in relation to the operation of the Bitcoin (BSV) Blockchain protocol.

The Bitcoin (BSV) Blockchain was created by nChain’s Chief Scientist, Craig Wright, who develops and drives the companies’ extensive IP portfolio. nChain currently has almost 2,800 registered patent applications of which approximately 500 have been granted, ensuring it is perfectly positioned to provide the full spectrum of IP solutions that government and enterprise clients demand.

The Bitcoin (BSV) Blockchain, powered by nChain, allows users to transact and immutably store data at a fraction of the cost of any competitor, with average transaction costs standing at around 1/50th of a cent. Furthermore, the BSV Blockchain scales unbounded and already allows for around 100,000 transactions per second

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Christen Ager-Hanssen is a renowned investor with a career spanning more than 40 years. He has been involved in numerous M&A transactions including public take-overs and venture capital deals. He is also an internet pioneer, telecom executive, media owner, disruptor and leading influencer in the blockchain community. He is currently the CEO and Chairman of his own family office, Custos Group, an international investment firm with offices in London, Stockholm and Oslo.

nChain’s group chairman Stefan Matthews commented: “The entire Board is delighted that someone of Christen’s calibre has agreed to join us at group level to drive the entire nChain group forward. nChain has an exciting portfolio of approximately 2,800 registered patent applications. Christen has already identified how we can better utilise our technology and patent portfolio to monetise our business and drive further investment into our R&D as well as to develop the Bitcoin (BSV) ecosystem to speed up the development and sales of our enterprise and government solutions.”

Christen Ager-Hanssen commented: “I am extremely excited about joining the group holding company of nChain as their new CEO, having already invested in the company. After extensive research of blockchain and smart contract technologies, I have concluded that the Bitcoin (BSV) Blockchain protocol is the only blockchain that can scale and handle the massive number of transactions which the digital world will demand to create far-reaching efficiencies.”

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