The former head of the bankrupt MtGox bitcoin exchange, Mark Karpeles, announced his intention to “start everything from scratch” by creating a new blockchain project. It is reported by the Japanese edition Mainichi.
In a conversation with journalists, Karpeles noted that his new startup will develop a secure operating system on the blockchain. He also stressed that the new OS will surpass all existing systems on the market by its performance.
The former head of MtGox added that the new firm Tristan Technologies Co. will be registered in Japan, and he will take the post of technical director. Karpeles also expressed the hope that thanks to the solutions being developed by Tristan, Japan will once again become the global technology leader.
My love for Japan has not changed. Japan used to be engineering superpower in terms of its PCs but right now, taking the cloud for example, it's the U.S. that dominates. But I still believe in the potential Japan has and I would like to develop that.
In addition, the ex-CEO of MtGox stressed that currently he does not own any cryptocurrency, which he considers to be a high-risk asset.
I wouldn't say I'm rich today.
Despite the continuation of the investigation into the case of embezzlement, data manipulation and violation of obligations to investors, Karpeles got the job of technical director of the American VPN provider London Trust Media.