Blythe Masters, the chief executive officer of Digital asset, a tech company that builds merchandise on distributed ledger technology (DLT), has stepped down, in step with an announcement published Dec. 18.

Per the announcement, Masters has requested to depart for private reasons when 3 years of serving at the corporate. Masters can supposedly keep active in Digital Asset’s operations as a member, strategic consultant, and investor.

Masters are going to be replaced by conductor Gangadhar, who joined the company’s board of directors last April. Gangadhar has been appointed Board Chairman will} function the acting chief executive officer till the firm can fine a permanent replacement for Masters.

Prior to joining Digital Assets, Masters served as a JPMorgan Chase executive. in step with the global Fund for women, Masters is additionally chair of the board of the Linux Foundation’s Hyperledger Project, member of the International advisory board of Santander group, and advisory board Member of the u. s. Chamber of Digital Commerce.

Masters has taken a proactive approach within the fintech sector, turning into one of the foremost well-known women within the cryptocurrency house. As a spread of recent analysis shows, the share of women invested with and concerned in cryptocurrency remains way less than that of men.

According to Coin.dance, as of could 2018, 94.73 % of Bitcoin community engagement and active participation comes from men and 5.27 % from women. In Oct. 2017, a survey conducted by Reddit user loveYouEth, found that 96 % of Ethereum users are men, and MyEtherWallet reported that 84 % of their case holders were male.

In an interview with Bloomberg in October, Masters expected that “tens if not hundreds” of blockchain ventures can shortly increase the potency of trade goods markets, with trade goods supply chains to greatly have the benefit of the advent of DLT.

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