Trust Stamp has tagged Josh Allen to lead its Trust Stamp Malta Limited and Trust Stamp Rwanda Limited subsidiaries. Allen will serve as the CEO of both entities, and is an internal hire whose promotion is effective immediately.
In that regard, Allen has climbed the corporate ladder quickly. He has been with the company for just over a year, and was initially brought on as the Executive Vice President for Strategic Investments, Mergers, and Acquisitions in late 2020. He has also acted as an Executive Director to the Board since January of 2021, and has accrued more than 20 years of overall experience in venture capital and the non-profit sector during his career.
Allen will be asked to oversee a number of key projects in his new positions. Trust Stamp Malta is Trust Stamp’s primary research and development hub in Europe, and will focus on the development of digital identity solutions for cryptocurrency and metaverse spaces in the coming year. Trust Stamp Rwanda, on the other hand, will kick off a Trusted Rwanda hackathon on February 16. The hackathon will run through the first half of 2022, and challenges African FinTech and health technology organizations to use identity and data tokenization technology to come up with innovative solutions to real-world business challenges.
“Establishing a physical presence in Africa was a highlight of 2021 and reflects our long-standing commitment to universal financial inclusion,” said Allen. “As we partner with African Institutions to further our research into biometric solutions that equitably serve a diverse population, Trust Stamp is well positioned to transform how organisations and individuals transact across the continent.”
Trust Stamp launched its Rwandan subsidiary in 2021, during a period of record growth for the company. Allen’s appointment comes shortly after Trust Stamp’s listing on the Nasdaq Stock Market and the subsequent bell-ringing ceremony.
February 8, 2022 – by Eric Weiss