Oxford BioChronometrics Adds David Drake as Advisor for ICO
British cybersecurity firm gains new avenues for growth with addition of internationally recognized blockchain and token expert. With technology already entrusted to secure digital assets, the company is generating revenue - and this new partnership has something exciting in store for the world of blockchain.
LONDON, June 5, 2018 (Newswire.com) - Oxford BioChronometrics, the NATO award-winning cybersecurity company that is helping ecommerce and advertising companies around the world better understand their human audiences and the nature of the fraud they are exposed to, is excited to announce that David Drake will serve as advisor for the company’s initial coin offering, or ICO.
Coins and tokens like these are a means to raise money for the company while providing investors with flexibility and easier liquidity than traditional models of fundraising. As a recognized leader in blockchain and cryptocurrency, David Drake will guide the company using his years of experience as Founder and Chairman at LDJ Capital, a multi-family office which deals in worldwide funds accessing over trillions in assets and maintains over 50+ global directors and family office partners.
“We are excited to welcome David on board as an adviser at this pivotal moment for the company,” the company’s CEO and Co-Founder David Scheckel told investors. “The global advertising industry is under siege from sophisticated intruders infecting the internet ecosystem. This ICO will help us raise the funds to expand better understanding of their environments to a greater number of clients. With our ICO benefiting from the experience and insight from a global leader in the market like David Drake, the good guys are about to get a whole lot better at the fight against fraud.”
David Drake expressed his own enthusiasm for this endeavor, as well. “I’ve known many of the people at Oxford BioChronometrics for years and have seen the good work they can do. I’m excited to bring my network and knowledge to this team and help guide them to a successful ICO. There’s a lot we can accomplish together, both in terms of this coin offering and in terms of bringing greater security to the world of blockchain.”
Scheckel agreed with the great synergy this provides. “David Drake and LDJ Capital are the movers and shakers in this area. Joining forces will make sure we get the best guidance to create a compelling opportunity for the company and our clients. We are all looking forward to David’s guidance as we take the company to the next level.”
About Oxford BioChronometrics
The cybersecurity solutions at Oxford BioChronometrics use the science of behavior as the key to ensuring that digital environments remain secure. Founded in 2013, the company’s core technology of biochronometrics was developed through research at the University of Oxford, which then fostered the young company’s development through its software incubator. Our Human Recognition Technology analyzes hundreds of behavioral data points to determine whether a user is a human or an automated program designed to commit fraud – a problem which costs businesses billions annually. By building profiles based on electronically Defined Natural Attributes, or e-DNA, Oxford BioChronometrics protects digital ads, networks, communities, individuals and other online assets from fraud.
For more information, visit http://www.oxford-biochron.com.
About David Drake
David Drake is Founder and Chairman at LDJ Capital, a multi-family office which deals in worldwide funds accessing over trillions in assets and maintains over 50+ global directors and family office partners.
More recently, David Drake is also seen as a leader in blockchain and cryptocurrency. He saw the value of digital assets when everyone was avoiding it. It all started in 2011 when Drake collaborated on the JOBS Act to create new laws underlying all fundraising in the U.S. for all ICOs. He runs a $200M LDJ Cayman Fund focused on cryptocurrency, mining, and ICO acquisitions. LDJ Capital Credit also offers middle market bridge financing to seed upcoming ICOs. Previously, he held a majority stake as a Managing Partner with Robert Hambrecht in an Alternative Energy Fund NewCommons Capital 2009-2010.
Drake was born in Sweden and is fluent in six languages. He holds an MBA in Finance and an MA in International Law and Economics from George Washington University in DC where he was awarded the Wallenberg Scholarship for academic merit.
Source: Oxford BioChronometrics
Categories: Business Technology