Karuschain, a blockchain technology platform for the industry of precious metals mining, recently announced that Herbert R. Sim, popularly known as “The Bitcoin Man”, will join the team as an investor and advisor.
This news comes as a follow-up from Karuschain’s previous announcement of a delay in its IEO launch in late October after the World Blockchain Summit in Dubai due to a high profile global blockchain investor coming aboard and supporting Karuschain in its global ambitions.
Richard Verkley, CEO of Karuschain, says, “At Karuschain we pride ourselves on working with the best. It’s how we’ve created a world-class blockchain implementation company, with a moral compass for the mining industry, with an incredible real-world valuable asset. This has been accomplished rapidly through partnering with the best of the best in the industry like MineRP, JPMC Mining Consulting and now by bringing Herbert aboard. We are pleased to have the Bitcoin Man himself coming in as a lead investor, and also as a key advisor. His years of experience in the blockchain and cryptocurrency industry will prove invaluable to Karuschain’s global ambitions and help bring focus and a gateway to Asia, the world’s largest gold market, creating tremendous value for both the company and investors alike.”
Herbert Sim said that “Karuschain’s blockchain project is unlike the thousands of others in the industry I have seen thus far. The project brings together a complete supply chain solution for the precious metals mining industry utilizing blockchain technology. It gives mining companies a powerful tool to safeguard human rights, at the same time, reduce risks and improve environmental regulations in their supply chain.”
Herbert Sim is an entrepreneur, philanthropist, digital illustrator, investor, and writer, popular as ‘The Bitcoin Man’. Herbert Sim is the founder of Crypto Chain University, the world’s first repository for blockchain and cryptocurrency research papers established in 2010; and founder of TheBitcoinMan.com founded in 2016, which has the list of organizations that Sim invested into.
Prior to joining Karuschain, Sim was Chief Marketing Officer at Cryptology.com; Global Operations Director at Huobi, and contributing writer to Forbes and Huffington Post.