Eric Schmidt, who is the former CEO of Google, served the company until 2011, and he, later on, continued to tend to his duties as the executive head at Google, and its parent company alphabet takes on an exciting venture. He has now joined Chainlink labs and will be working as an advisor. According to the press release from the Chainlink Company itself, Eric will be delegating them in strategic help that the company requires, especially in smart contracts, and how the scaling of the technological resources should work.
The company has an initiative going around by the name of ‘building global software platforms for next-generation innovation’, and to make it happen, they have hired the former CEO of tech giant Google. He will be bringing years of experience to the table, along with his strategic approach to the technology that drives the company and all of its resources.
Eric shared his own thoughts on the topic by saying that blockchain technology and the use of smart contracts are booming right now among various communities of the world. It is something that people can relate to, and being a very different and unique medium of finance, many institutional investors are motivated to invest their money into this specific sector. But there exists a lack of connection from the decentralized world to the outside world, and that is a real challenge that needs to be tackled head-on.
It is not only Google where Erich has worked before as he has served multiple companies and enterprises over the years, and now he is going to take up his experience and invest it into the crypto domain. Every entrepreneur or former CEO of a tech giant such as Google or any other company is trying his best to find a spot among the decentralized projects and enterprises because they know it is the future. While it is not clear at the moment what kind of reforms Eric will be bringing to the table but one thing is for sure that all the expertise and knowledge that he has from all these years is going to pay off well for Chainlink and its crypto ventures.