High-profile payment processor from America PayPal has reportedly put together a team of professionals in the sector, to offer advice related to crypto, blockchain and digital currencies. 

Specifically, PayPal reportedly remarked on February 8th that via including six more members in its Blockchain, Crypto and Digital Currencies advisory council, there would be additional assistance to the existing and future products, together with its target of forming a digital financial ecosystem with more inclusion. 

Different key figures will also be going to be a part of the council, nominally Fortress Investment Group co-CEO Peter Briger, Georgetown University Law Center professor Chris Brummer, Weizmann Institute of Science professor Shafi Goldwasser, former CFTC chair Timothy Massad, MIT Sloan School of Management finance professor Antoinette Schoar, and MIT Digital Currency Initiative director Neha Narula. 

“We believe it is crucial to engage with the world’s best leaders to better understand the industry’s most compelling opportunities and complex challenges” Jose Fernandez da Ponte, PayPal’s senior vice president and general manager for Blockchain, Crypto and Digital Currencies, further remarked. 

Every of the six advisors reportedly possesses years of expertise within the crypto and blockchain sphere, from a business or regulatory standpoint. 

Briger reportedly took charge of offering advice for Softbank Group founder Masayoshi Son to make investments in Bitcoin (BTC) before the 2017 bull run. 

Goldwasser was reportedly a member of a group of MIT researchers who put up a proposal for the zero-knowledge proof as an encryption scheme a while prior to crypto’s arrival.

Throughout the period with the MIT Digital Currency project, Narula was reportedly responsible for a project to assist the Federal Reserve Bank of Boston in creating a digital currency, targeting scaling for consumer use.