Decorated Morgan Stanley veteran with deep blockchain experience chooses Symbiont. Symbiont smart contract architecture is designed with capital markets in mind Symbiont, a technology firm perfecting the use of smart contracts and distributed ledgers in financial markets, has appointed Caitlin Long as president and chairman of the Board of Directors. Long will be responsible for commercialising Symbiont’s market-leading blockchain technology, encompassing business strategy and client relationships, according to a statement. Long brings 22 years of experience on Wall Street to Symbiont, including her most recent post as managing director in global capital markets at Morgan Stanley. She has been involved with Bitcoin since 2012 and began evangelising about the ability of blockchain technology to make financial markets more efficient in January 2014. She was one of five members of Morgan Stanley’s distributed ledger technology working group, and was recognised by Institutional Investor as one of the most influential people in pensions for the past three years. Long said: "Blockchain technology will make capital markets safer, fairer and more efficient. I chose to join Symbiont because we have better technology and are ahead of our peers. Our network performance, described in a blog post we released today, is tangible evidence and it’s multiple orders of magnitude better than competing systems. Symbiont offers the only smart contracts platform purpose-built for financial services. Investors will actually own the assets issued on Symbiont’s blockchain, which is a huge improvement relative to how securities are owned today." Mark Smith, CEO and co-founder of Symbiont, said: "Caitlin brings a rare mix of deep Wall Street experience and recognised thought leadership about blockchain technology. She is the embodiment of our name and brand. Caitlin has a strong philosophical and economic foundation that allowed her to build her career by always putting the needs of her clients […]
