September 20, 2024
1 Solar System Way, Planet Earth, USA
Crypto

₿trust, a Bitcoin nonprofit backed by Jay-Z and Jack Dorsey, appoints a Bitcoin Core developer as interim CEO

₿trusta non-profit organization focused on training and funding developers from the Global South for open source Bitcoin development, recently announced a Bitcoin Core contributor and one of its board members, Abubakar Nur Khalilas interim general manager.

The non-profit organization was founded in 2021 and Received initial funding from Jay-Z and Jack Dorsey.Since then, he has fostered an ever-expanding network of Bitcoin developers in Africa, Latin America and India.

₿trust has trained hundreds of developers, including some who are working on projects like Satoshi's Library and Bitshalafacilitated BitDevs meetups in five African cities and supported annual events such as the African Bitcoin Conference.

Nur Khalil will serve as Interim CEO for one year, beginning in August 2024. During this period, he will retain his position on the Board of Directors and act as a non-voting member.

This role should be familiar to Nur Khalil, as he founded the organization, which was originally called Qala, before it was acquired and renamed by ₿trust.

Other ₿trust board members have expressed confidence that Nur Khalil will be an excellent leader for the organization given his experience as a developer, the fact that he is a resident of the Global South (Nigeria), and is one of the leading voices in the African Bitcoin ecosystem.

“Since I met him, Abubakar has been resolutely focused on supporting the advancement of Bitcoin and open source development in Africa, the Global South and beyond,” said ₿trust founding board member and CEO Fed. Obi Nwosu: “I am grateful that he has taken on the challenge of leading ₿trust at this early stage of its formation and I am excited to see what he will accomplish in his role.”

As interim CEO, Nur Khalil will focus on growing ₿trust’s developer pipeline, increasing the amount of grants the institution distributes, and enhancing its developer program to advance its mission of decentralizing open-source Bitcoin development.

“I am truly grateful for the trust the board has placed in me to take on this role over the next year,” said Nur Khalil. “I look forward to growing our initiatives, ensuring ₿trust establishes itself as the primary driving force behind Bitcoin development in Africa, and cultivating a unique Bitcoin FOSS ecosystem in the regions we serve.”

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