Zilliqa Group: Embracing All Associated Businesses Under One Umbrella

Zilliqa, a leading blockchain platform, has recently announced the completion of its transition from Zilliqa Research to Zilliqa Group. This strategic move aims to gather all associated businesses under a united structure and emphasize the provision of blockchain and Web3-related products and services. This transition will have no impact on Zilliqa’s native blockchain, which will continue to operate unchanged.

The Core Focus of Zilliqa Group

Zilliqa Group’s core focus remains on reliability, security, and self-reliance. With its high-performance infrastructure, the Zilliqa network empowers developers to build decentralized applications (dApps) seamlessly. The technical team responsible for maintaining the network will continue their work without any disruption.

Throughout this transition, Zilliqa Group ensures that blockchain development and operations remain uninterrupted. The primary goal is to establish a new corporate structure capable of supporting innovative solutions that enhance the network’s growth. This includes future upgrades and updates.

Roll1ng Thund3rz: A Subsidiary of Zilliqa Group

Among the subsidiary companies falling under Zilliqa Group’s umbrella is Roll1ng Thund3rz, which was initially incubated by Zilliqa and later launched as an independent entity. Although no detailed list has been provided, it is expected that most of the existing subsidiaries will undergo a similar transition.

Future Initiatives and Corporate Management Structure

Zilliqa Group has outlined several key initiatives it will focus on, including Decentralized Finance (DeFi), spatial web verticals, and revamping corporate management structures. These efforts will serve as a solid foundation for the development of new applications and partnerships. Matt Dyer, a prominent figure within Zilliqa, shared his thoughts on these upcoming endeavors.

According to Matt Dyer, the CEO of Zilliqa Group, this transition demonstrates the company’s commitment to developers within the ecosystem. Zilliqa Group will actively seek solutions that fulfill the current and future demands of various projects, setting higher industry standards along the way.

New Leadership and Governance

Matt Dyer will assume the role of Chief Executive Officer of Zilliqa Group, overseeing day-to-day operations and corporate affairs. Sandra Helou and Richard Watts, the Chief Technical Officer of Zilliqa, will join him as GCC leads for Zilliqa Group. The Board of Directors will also undergo restructuring to ensure effective oversight of the transition process, with Mark Hemsley appointed as the Board Chairman.

Mark Hemsley is a strong advocate of this transition, emphasizing the significant benefits it will bring to innovative use cases in the Web3 sphere. Describing it as a landmark moment, Hemsley believes that Zilliqa is reinforcing its position in the industry and forging a new path towards advancements in blockchain and Web3 sectors. Juzar Motiwalla, the Co-founder of Zilliqa, will remain in his role as a Director.