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Jay-Z and Jack Dorsey-Backed Bitcoin Non-Profit trust Appoints Bitcoin Core Contributor As Interim CEO

Jay-Z and Jack Dorsey-Backed Bitcoin Non-Profit trust Appoints Bitcoin Core Contributor As Interim CEO

trust, a non-profit focused on training and funding developers from The Global South for Bitcoin open-source development, recently announced Bitcoin Core contributor and one of its board members, Abubakar Nur Khalil, as Interim CEO.

The non-profit was founded in 2021 and received initial funding from Jay-Z and Jack Dorsey. Its since nurtured an ever-expanding network of Bitcoin developers in Africa, Latin America and India.

trust has trained hundreds of developers including some who are working on projects such as Libreria de Satoshi and Bitshala, kickstarted BitDevs meetups across five African cities and supported annual events like the African Bitcoin Conference.

Nur Khalil will serve as Interim CEO for one year, beginning in August 2024. During this period, hell retain his board seat and serve as a non-voting member.

This role should be familiar to Nur Khalil, as he founded the organization, which was originally called Qala, before trust acquired and rebranded it.

Other trust board members have expressed faith that Nur Khalil will be an excellent leader for the organization given his expertise as a developer, the fact that hes a resident of The Global South (Nigeria) and is one of the leading voices in the African Bitcoin ecosystem.

Ever since I first met him, Abubakar has resolutely focused on supporting the advancement of Bitcoin and open-source development in Africa, the Global South, and beyond, said founding trust board member and CEO of Fedi Obi Nwosu in a press release shared with Bitcoin Magazine. I'm grateful that he has taken on the challenge of leading trust through this early formative stage, and I'm excited to see what he will achieve in the role.

As Interim CEO, Nur Khalil will focus on growing trusts developer pipeline, increasing the number of grants the institution distributes and improving its developer program to push forward with its mission of decentralizing Bitcoin open-source development.

"I am truly grateful for the board's trust in me to take on this role over the next year, said Nur Khalil in the press release. I look forward to growing our initiatives, ensuring trust cements itself as the primary driving force behind Bitcoin's development in Africa, and cultivating a unique Bitcoin FOSS ecosystem in the regions we serve."

Read more: https://bitcoinmagazine.com/business/jay-z-and-jack-dorsey-backed-bitcoin-non-profit-trust-appoints-bitcoin-core-developer-as-interim-ceo

Text source: Bitcoin Magazine: Bitcoin News, Articles, Charts,

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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