This ex-Microsoft VP is investing in a new blockchain scaling solution

In brief

  • The former vice president of AI and research at Microsoft is jumping on board with blockchain startup Asensys.
  • Asensys was founded by former Microsoft lead researcher JiaPing Wang.
  • Wang claims to have developed a way to solve the decentralization, security, and scalability trilemma of blockchain networks.

There’s something about the Seattle-based Asensys that has caught the eye of former Microsoft leads.

Earlier today, Asensys—a new blockchain network designed by former Microsoft lead researcher JiaPing Wang that claims to have solved the decentralization, security, and scalability trilemma—announced that it has brought on Microsoft’s former vice president of AI and research, Dr. Harry Shum, as an investor.

While at Microsoft, Shum also served as a fellow with the Institute of Electrical and Electronics Engineers (IEEE) and the Association for Computing Machinery (ACM), and was also a member of the National Academy of Engineering in the US and the Royal Academy of Engineering in the UK.

According to Asensys, Shum is one of the first investors to jump in the new venture, though the company did not disclose how much the former Microsoft VP put in.

In an interview with Decrypt, Michelle Chuang—COO of Asensys—explained that while Shum is unlikely to hold any office with the company, he will offer advice regarding how Asensys should direct its blockchain and artificial intelligence projects in the future.

“Given his expertise in AI, his perspective on the potential applications of AI to Asensys will be invaluable to our development,” Chuang said. “His support of Asensys will also help expand our vision and network of opportunities, allowing us to achieve new levels of innovation in blockchain technology.”

Chuang said the company aims to find ways to fuse AI and blockchain technology together. She explained that AI works well whenever it’s applied to large data sets. However, if sensitive user data is fed to an AI algorithm, that can…

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