Muirfield Investment Partners, a Boston-based private equity real estate firm has announced that Gari Singh, a blockchain specialist and CTO of IBM Blockchain has become an advisor to the firm. The move marks the sign of blockchain technology being incorporated outside the realm of cryptocurrency.
Bringing the Blockchain to Private Equity Investing
Muirfield Investment Partners has been leading the endeavor to augment and reinvent private equity investing by way of blockchain technology. Gari Singh has joined Muirfield due to his technical expertise, to assist and to guide Muirfield’s efforts in its long and short-term goals.
Muirfield is a private equity real estate investment firm headquartered in Boston, MA. Muirfield’s proprietary investment solutions strive to solve critical structural issues within traditional private equity funds through blockchain technology. The firm also seeks to use blockchain to provide investors liquidity and improve its alignment with the company’s investment managers.
Tom Zaccagnino, the Founder of Muirfield Investment Partners is optimistic about Gari Singh’s collaboration with Muirfield.
The Founder said:
“I am thrilled to have someone of Gari’s global stature involved in our initiative. Gari will no doubt bring tremendously valuable experience and perspective to the table for our initial blockchain efforts as well as future investments and initiatives that we plan to make in the blockchain space.”
Gari Singh And IBM Blockchain Accomplishments
IBM Blockchain provides enterprise blockchain solutions for businesses to digitize their transaction workflows. IBM has become a leader in the blockchain space, an accomplishment it has reached with the help of its Distinguished Engineer and CTO, Gari Singh.
Singh is responsible for major IBM offerings, such as its core blockchain platform and its blockchain as a service (BaaS) capability.
He has led the deployment of the IBM blockchain on Bluemix, a peer-to-peer permissioned network built on top of the Hyperledger Fabric code, a code for developers that build blockchain applications. The project was a part of his maintenance and contributions to the open source blockchain technology Hyperledger Fabric, which helps meet businesses’ needs.
As someone who has has long acknowledged the transformative powers of blockchain technology, Singh is pleased to work with Muirfield, a firm that also values the use of blockchain technology to make improvements to the entire private equity industry.
“What made me want to get involved with Muirfield is that they realize the value of using blockchain technology to drive significant improvements to the entire private equity industry, not just their business. They are not afraid to use new technology to transform their business and create value for their investors.”
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