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Gungun Bhatia
Nov 15, 2022

Blockchain Company AltLayer Recruited Amrit Kumar as COO

AltLayer COO
AltLayer, an Ethereum-based layer 2 scalability blockchain, has announced that Amrit Kumar has been hired as its COO.

Amrit Kumar - the New AltLayer COO

According to a statement from the Singapore-based business, Kumar, 34, would be in charge of carrying out the organization's worldwide operating model and advancing its goal of creating personalized services for Web3 apps and innovators.

Kumar co-founded Zilliqa Research, where he served as president and chief science officer before founding AltLayer. Layer 2 describes a collection of off-chain systems or unique blockchains constructed on top of layer 1s. The foundational network of a blockchain is known as a layer 1 network.

Development of Web3 Apps and Dapps

About 25 individuals work for AltLayer, which develops compensation blockchains for Web3 applications and decentralized applications (dapps). A dapp is a digital application that leverages blockchain technology to protect users' data from the companies who created it. The next version of the internet, known as Web3, encourages decentralized protocols and seeks to lessen reliance on major tech firms.

Blockchain Company AltLayer Recruited Amrit Kumar as COO
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.

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