A “big four” director at accounting giants PricewaterhouseCoopers (PWC) Australia, has called it quits in favor of joining bitcoin.com.au a crypto-currency exchange firm, and will be unveiled as their new CEO. The immediate former director at PricewaterhouseCoopers (PWC), Ben Ingram, was in charge of accounting, digital strategy and consulting before vacating the post back in March to join Bitcoin.com.au as the new director. Ben Ingram becomes yet another example of a high profile professional expert and personality to switch from their traditional positions in order to explore new and exciting opportunities in the crypto universe. Ingram’s former employers are not so disconnected from crypto themselves, having been involved in a few block-chain projects. PWC recently got involved in a project to do with a block-chain auditing service.
In his new role at Bitcoin.com.au, Ben Ingram will be in charge of the platforms overall functionality as well as the development of exciting financial products for companies’ pension plans, based on crypto. The new CEO of Bitcoin.com.au explained that the exchange had much more to offer than just financial products for pension plans. He added that the exchange was also a gateway for users especially newbies to get involved in crypto. According to Ingram, the platform’s customers can get access to bit-coin as easily as they can dispense off it. Another plus is the aspect of same day transactions which is music to the ears of financial institutions involved in cross-border transactions.
Currently, Bitcoin.com.au only supports the two largest crypto-currencies at the moment, Bitcoin and Ethereum. Plans are however underway to add other crypto tokens to the platform in order to give users access to a diverse range of crypto-currencies. Ben Ingram’s focus at the moment seems to be on coming up with crypto products based on investments for the future. He noted that there weren’t many investment products out there based on crypto. He also recognized that most self-managed funds were out of reach for everyday people and were only a preserve for the elites. Ingram believes that crypto can help change that by creating products that are accessible to all.
The new Bitcoin.com.au CEO believes that millennials who own crypto assets are more likely to prefer self-managed funds since the underlying block-chain technology allowed for easy and quick auditing. The former PWC director and new Blockchain.com.au CEO also admits that he is not quite clear yet on how the block-chain will impact the general global financial landscape but is positive that the block-chain will be a big part of the future. He added that though the block-chain is still in its infancy, it already enjoys mass widespread appeal which is indicative of a possible global adoption.