How it works
01 Jaxo uses the Ethereum blockchain to create a global payments network where members are able to transfer any amount of gold from one to another.
02 The gold is transparently stored in vaults managed by Jaxo, and the transfer of ownership is recorded using a digital version of a "warehouse receipt" maintained on the blockchain.
03 A warehouse receipt is a legal document that provides proof of ownership of commodities (e.g. gold) stored in a warehouse for safekeeping.
04 Jaxo's digital warehouse receipt allows accounting features such as joint ownership, sub-accounts, and power-of-attorney, as well as 3rd party custody and backup.
Jaxo offers the advantages of blockchain assets with the stability and trust of gold.
Meet the team
Jaxo’s founders pioneered the use of blockchain technology for enterprise applications in 2013; designed Hyperledger in 2015; founded Jaxo in 2017.
The broader team is comprised of talent from top technology and financial firms in the Bay Area.
Joe Latone | CEO
20+ years IBM Research. Pioneered IBM’s entry into its billion-dollar enterprise blockchain business. @latone
Toshi Tazawa | CFO
20+ years multi-asset quantitative HF trading operations, fintech product owner, risk and compliance manager with SEC/CFTC audit experience.
Chet Murthy | Chief Scientist
20+ years expertise in real-world, large-scale distributed systems, transaction processing, database systems, and machine learning, Formerly IBM and Google.
Ignacio Lopez-Francos | CBO
7+ years business operations, process optimization, innovation strategy, analytics and AI/ML experience across industries. Formerly Facebook, United Airlines.
Kelvin Kakugawa | CTO
10+ years blockchain-to-mobile (back-to-front) software engineer, deep-learning expert, startup/founder experience. Formerly Twitter, Goldman Sachs, and Digg.
Vanessa M Garcia | Design Partner
8+ years UX research, design, content strategy. Currently at IBM Watson in San Francisco, helping to bridge the gap between emerging technology and user goals.
For more information, please reach out at: info@jaxo.com