Nadav Kohen Joins dlcBTC As Technical Advisor

With his profound expertise in Discreet Log Contracts (DLCs), Nadav will work closely with the dlcBTC team, providing strategic insights and technical guidance

Author

Josiah Makori
August 22, 2023

dlcBTC, a provider of decentralized Bitcoin financial infrastructure, is pleased to announce that Nadav Kohen has joined the team as an advisor.

With his profound expertise in Discreet Log Contracts (DLCs), Kohen will help the organization deepen its technological innovation and enhance its mission of integrating native Bitcoin into a decentralized, secure financial ecosystem.

"We are absolutely delighted to welcome Nadav to the team. Nadav's expertise in DLCs is unparalleled. He has been a driving force in the field, having co-created the DLC specification that all DLC implementations rely on today. His commitment to advancing the field aligns perfectly with our vision, and we are excited to work together to realize new possibilities for trustless Bitcoin deposits in both CeFi and DeFi."

Aki Balogh, Co-founder and CEO of dlcBTC

Nadav brings an impressive background in blockchain and DLCs, having co-created the DLC specification and authored numerous influential articles about the subject.

His contributions have been pivotal in shaping the understanding of DLCs and how they can be applied within decentralized finance.

In his new role, Nadav will work closely with the dlcBTC team, providing strategic insights, technical guidance, and furthering research and development efforts.

"I am honored to join dlcBTC and collaborate with such a talented team. dlcBTC's dedication to revolutionizing financial systems using Bitcoin aligns with my vision. I am eager to contribute to their ongoing success and help pave the way for more inclusive and secure financial solutions."

Nadav Kohen, dlcBTC Technical Advisor

The dlcBTC platform enables users to lock their Bitcoin directly on-chain, from where it can be controlled by smart contracts on Ethereum and other chains.

This enables complex financial transactions without intermediaries, paving the way to fully-decentralized and trust-minimized financial systems of the future.

About dlcBTC

As a decentralized wrapped Bitcoin, dlcBTC leverages Discreet Log Contracts (DLCs) and Chainlink's Cross-Chain Interoperability Protocol (CCIP) to provide a theft-proof bridge to cross-chain DeFi, backed by the security of the Bitcoin network. dlcBTC unlocks yield for your Bitcoin in DeFi with the benefit of lower fees and merchant self-custody, empowering users to put their Bitcoin to work.

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