Damien Scott Will Play Key Role in Advancing Policy Around Privacy-First Blockchain Infrastructure
SAN FRANCISCO--(BUSINESS WIRE)--Provable, the company expanding the infrastructure behind Aleo to help developers build privacy-first technology to power secure, programmable payments, today announced the appointment of Damien G. Scott as General Counsel.
Scott brings deep legal and operational experience in the crypto sector. Most recently, Scott advised early-stage blockchain startups at Scoolidge Peters Russotti & Fox LLP. Prior to that, he served as General Counsel and Chief Operating Officer of CoinList Ventures, where he helped shape the company’s regulatory strategy and internal review processes during a period of aggressive regulatory pressures. He led oversight for CoinList’s token sale platform, developed policies for listing new digital assets, engaged with key industry stakeholders like the Blockchain Association, and advised on novel products such as staking services.
At Provable, Scott will lead the company’s legal function, guiding governance, corporate strategy and policy efforts. His primary objective will be advancing Provable’s mission to take privacy and compliance to the forefront of decentralized finance, while supporting the development of programmable, privacy-preserving technologies across a range of use cases.
“I am extremely bullish on this team, this technology, and this mission. The core insight behind the Aleo chain is that while transparency has its place, most people, and in particular institutions, don’t want everyday transactions exposed on a public ledger,” said Damien Scott. “Aleo’s privacy-first infrastructure makes on-chain transactions secure, compliant, and viable across a wide array of use cases. This opens the door to a new era of blockchains where privacy and compliance can co-exist.”
“Damien brings the regulatory expertise that’s critical for where Provable is headed,” said Howard Wu, Chief Executive Officer of Provable. “His proven track record in crypto law and policy will allow us to scale responsibly, and make privacy-preserving technologies a more visible part of the broader policy conversations.”
About Provable
Provable is the labs company within the Aleo ecosystem, focused on developing products for compliant, confidential payments and creating tools for developers to deploy and manage applications on the Aleo blockchain. As the core research and development lab, Provable drives the technical evolution of the Aleo network through cutting-edge cryptographic research, protocol engineering, and the creation of advanced development tools.
As the industry continues to push toward more secure and privacy-first solutions, Provable provides the tools to make privacy a native, accessible feature for all builders on the decentralized web. Backed by leading investors including a16z, Softbank and Coinbase Ventures, Provable is headquartered in the U.S. and focused on enabling the next generation of secure, on-chain, financial infrastructure. For more information about Provable and to stay updated on its latest developments, visit www.provable.com.
About Aleo
The Aleo Network is a decentralized, scalable, and privacy-focused developer platform designed for building secure and cost-effective decentralized applications. By leveraging zero-knowledge cryptography, Aleo moves smart contract execution off-chain, enabling new use cases in identity, finance, gaming, and beyond. With its unique approach, Aleo provides the scalability of Ethereum combined with a more efficient architecture designed from the ground up for privacy.
For more information about Aleo and to stay updated on its latest developments, visit www.aleo.org.
Contacts
Media Contact: aleo@sutherlandgold.com