Michael Ganser Joins peaq Foundation as Executive Ahead of Mainnet Launch

Michael Ganser, former CEO of Cisco Germany, has recently been appointed as an executive at peaq Foundation, a spin-off and investment of Advanced Blockchain AG. This appointment comes just before the anticipated launch of peaq's mainnet. Advanced Blockchain AG, a key player in the blockchain industry, holds a significant position in fostering innovations and investments within this space.

Simon Telian, CEO of Advanced Blockchain AG, expressed excitement over Ganser's new role. Ganser's extensive experience in management and commercialization is expected to be a major asset for peaq during its critical period of growth. His involvement aligns with peaq's participation in significant events like ETHDenver and the forthcoming mainnet launch, aiming to broaden the ecosystem's reach and demonstrate the technology’s potential.

Ganser himself is optimistic about peaq's vision, highlighting the pivotal role of Web3, IoT, and AI in driving global innovation and growth. His previous leadership roles at Cisco, including positions as Senior Vice President and CEO for various European regions, equip him with a deep understanding of the tech landscape, which he plans to leverage in transitioning enterprises to Web3.

Peaq’s technology facilitates cross-chain interactions and rewards within the Economy of Things, encouraging active participation in the ecosystem. The platform maintains strategic partnerships and is compatible with key blockchain infrastructures, underlining its ambition to lead in the digital transformation space. Furthermore, Ganser and the peaq team's upcoming presence at TOKEN 2049 in Dubai reinforces their commitment to advancing blockchain technology.