**Blockchain Pioneer Jae Kwon Steps Down as Interchain Foundation President**
Blockchain software architect and co-founder of Tendermint, Jae Kwon, has announced his resignation from the position of president of the Interchain Foundation (ICF) in June 2021. Kwon made the decision to step down to focus on his core interest in engineering activities.
**A Shift in Focus**
Jae Kwon has been a key figure in the blockchain industry, known for his work on Tendermint, a leading blockchain consensus engine, and the Cosmos Network, a decentralized network of independent, scalable, and interoperable blockchains.
Kwon’s decision to retire from his role at the ICF comes as a surprise to many, given his significant contributions to the development and growth of the blockchain ecosystem.
**Founding the Interchain Foundation**
The Interchain Foundation was created with the goal of promoting the development and adoption of decentralized technologies. Under Kwon’s leadership, the ICF has played a crucial role in funding and supporting innovative blockchain projects and initiatives.
Kwon’s departure from the ICF will likely have a notable impact on the foundation’s future direction, as well as on the broader blockchain community.
**A Vision for the Future**
Following his resignation as president of the ICF, Jae Kwon expressed his desire to shift his focus to engineering-related work. Kwon’s expertise in blockchain technology and his commitment to advancing the capabilities of decentralized networks make his contributions in this area highly anticipated.
Kwon’s decision to concentrate on engineering activities suggests that he will continue to play a significant role in shaping the future of blockchain technology.
**Continuing Influence**
Despite his departure from his role at the Interchain Foundation, Jae Kwon’s influence in the blockchain space is expected to endure. His expertise and experience are highly regarded, and his ongoing involvement in engineering activities is likely to have a lasting impact on the development of blockchain technology.
**Conclusion**
Jae Kwon’s decision to step down as president of the Interchain Foundation marks a significant shift in his focus, signaling a renewed dedication to engineering activities in the blockchain space. As a pioneer in the industry, Kwon’s contributions and future endeavors are anticipated to play a crucial role in shaping the future of decentralized technologies.
I have over 10 years of experience in the field of cryptocurrency and blockchain technology. I have attended numerous conferences and events around the world, and my work has been featured in major publications such as CoinDesk, Bitcoin Magazine, and Yahoo Finance.
