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CEO of Decentralized Media Project Po.et Leaves for The Washington Post

Jarrod Dicker, CEO of Po.et, has left the project to become the vice president of commercial technology and development at The Washington Post. Po.et is a set of decentralized protocols and applications allowing users to timestamp creative assets to the Bitcoin blockchain, among other potential media DApps.

Dicker joined Po.et early last year and the project launched its proof-of-existence protocol on the Bitcoin mainnet in November, allowing it to hash claims directly on Bitcoin.

“As I say often, Po.et is special compared with other blockchain projects in that there’s not a devoted blockchain built specifically for our purposes,” Dicker wrote in a Medium post about his resignation. “Instead, we’re leveraging the fundamental concepts behind proof of existence, writing to the Bitcoin network and layering additional functionalities on top.”

Replacing Dicker as the lead of day-to-day operations at the project will be David Turner, formerly Po.et’s head of product. Turner has led numerous media startups, including Red Blue Media and PageLever, a Y Combinator program.

“I’m excited to lead our team and community the next phases of Po.et’s development,” Turner said. “Over the past 10 years, I’ve dedicated myself to building strong, technology-first companies, mostly in advertising and publishing. The current media landscape needs new business models based on a better web, built around reputation and verifiability. We made tremendous progress in 2018 and I can’t wait to keep that momentum going this year and beyond.”

Before joining Po.et, Dicker served as a vice president at The Washington Post. His return to the company marks a rare enterprise-to-crypto-to-enterprise transition.

Po.et was incubated by BTC Inc, which owns Distributed.com.

Germany Opens Industry Consultation Process for Blockchain Strategy

Source: Reuters

Ahead of announcing an official strategy for leveraging blockchain technology more widely, the German government has opened a process for receiving recommendations around the technology from local companies and industry groups. Germany is Europe's largest economy and Berlin is home to numerous blockchain startups. The solicited recommendations could lead to official legislative action in the near future.

In the Post ICO World, CoinList Prepares Crypto Projects for Investment

ICOs emerged quickly as a popular model for crypto startups to raise funds, exposure and customer interest. But the world of ICOs took a nasty turn in 2018, with many projects that used the model unable to deliver on their promises to investors or turning out to be downright phony.

NFTs: How They Work and How They’re Bridging Blockchains and the Collectibles Industry

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Sacramento Kings' Technology Team Mines Ether in Its Basketball Stadium

Source: ZDNet

The group of technologists behind the NBA's Sacramento Kings mines ether at the Golden 1 Center arena where the basketball team plays. The team said that it uses profits from the mining operation to provide funding for the local community and it invites local students to see the rigs. The team also claims that the arena is the first sporting venue to accept bitcoin.