Former Mt. Gox CEO Aims to Push Japan as Blockchain Leader

Asia Blockchain Review
June 26, 2019

Mark Karpeles, the former CEO of the now-defunct Bitcoin exchange Mt. Gox, is initiating a new project with his Japan-registered blockchain firm Tristan Technologies Co., where he serves as Chief Technology Officer (CTO), according to Japanese news outlet The Mainichi.

Reviving Japanese Tech Dominance on the Blockchain Frontier

Described as a computer prodigy and Japanophile, Karpeles expressed his desire to see Japan reclaim its position as a global tech leader through blockchain, after having been outdone by US tech behemoths such as Apple, Amazon, and Facebook for years.

“Japan used to be engineering superpower in terms of its PCs but right now, taking the cloud, for example, it’s the U.S. that dominates,” Karpeles told reporters at the Foreign Correspondents Club of Japan, as reported by The Mainichi. “But I still believe in the potential Japan has and I would like to develop that.”

His new Japan-registered startup aims to establish a secure and faster operating system compared to other platforms currently in use. According to CTO Karpeles, Tristan Technologies places emphasis on cloud-based IT solutions such as AtOnline Drive, a cloud storage solution a la Dropbox.

Shadow of Mt. Gox Looms Large

His now-defunct Bitcoin exchange, Mt. Gox, had in early 2014 suffered a massive hack involving 850,000 BTC, of which partial amounts were later recovered. The exchange officially filed for liquidation in April of that year.

The 34-year-old Frenchman was arrested and spent 11 months in Japanese detention after his crypto exchange suffered from a major hack and subsequent collapse in 2015. While he was cleared of fraud and embezzlement charges last March, he is still currently appealing one conviction for tampering with records. 

Source: www.coindesk.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

    Related Article
    The Adoption of Blockchain to Centralise the Food Industry
    Founder of Smartbite, Gabriele Fadda tells Asia Blockchain Review why blockchain is the next develop...

    February 13, 2020

    Blockchain: Simply Indispensable in the Automotive Industry
    As next-generation cars become a reality, the advancements in blockchain technologies will make it i...

    February 11, 2020

    Aviation Blockchain Market to be Worth 1.4 billion by 2025
    New advancements in blockchain technology is taking the aviation marketplace by storm

    January 30, 2020

    A‌ ‌FaceLift‌ ‌in‌ ‌the‌ ‌Beauty‌ ‌Industry‌ ‌through‌ ‌Blockchain‌
    Ever thought of changing the way things work traditionally and getting equipped with digital transfo...

    January 28, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us