Reitzik will work closely with Cloud Nine management to “establish Cloud Nine as a leader in decentralized networks and storage technologies” among other initiatives
Cloud Nine Web3 Technologies Inc (CSE:CNI) (OTCMKTS:CLGUF) (FRA:1JI0) announced it has appointed blockchain veteran Dan Reitzik as special advisor to the company’s board of directors.
The technology company, which specializes in decentralized network and storage, said Reitzik will work closely with Cloud Nine management to “identify additional product areas, open up new lines of business, commercialize the company’s latest technology products, build significant strategic distribution relationships, and establish Cloud Nine as a leader in decentralized networks and storage technologies.”
Reitzik co-founded and managed public and private technologies for more than 20 years, serving as the CEO of DMG Blockchain Solutions Inc (CVE:DMGI) until March 2021.
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“We are very excited to welcome Dan to Cloud Nine,” Cloud Nine President Sefton Fincham said in a statement.
“His extensive experience and significant expertise in blockchain solutions and corporate finance will be invaluable to Cloud Nine during its current phase of major technology developments. The entire board and executive team look forward to working closely with Dan and benefiting from his insights and perspectives as we move toward rapidly growing our business and becoming a global decentralized technology leader.”
Reitzik added that it was a “great honour” to join the Vancouver-based company.
“Cryptocurrency was the first successful use case of decentralized and blockchain technology, and I am confident that decentralized networks and data storage will be just as successful,” Reitzik said.
“Through its ownership of Limitless Technology, Cloud Nine has the proprietary technology and products for this massive decentralized movement, and I am excited to be a part of this growing technology company.”
Cloud Nine is a diversified technology company that focuses on leveraging its proprietary Web 3.0 technology products to enable the decentralized movement for consumers and business.
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