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Meet the brains behind Galileo Exchange

September 14, 2022 12:09 PM AEST | By Daniel Paul Johns
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Highlights:

  • Galileo network, which exists on the popular Binance platform, is a fine example of fast-paced innovation taking place in the blockchain world.
  • Galileo Exchange CEO Dr Muchnicki graduated from Monash University with a medical degree and spent 25 years in private practice.
  • Galileo Exchange co-founder Bouhadana has nearly two decades of experience in the Capital Markets industry.

When it comes to the world of blockchain, innovation moves at an alarming pace as new blockchains continue to be introduced, with the goal of addressing the issues with existing ones.

A lot of the innovation addresses scalability, which has become an issue for certain networks as their popularity and usership increases exponentially on a weekly basis. Ethereum is a prime example of this, being one of the older blockchain networks having been launched in 2013.

Ethereum’s smart contract foundation has lent itself to a host of applications and programs, not to mention its host of non-fungible tokens (NFTs). What’s more, Ethereum is the prime network powering the emerging Metaverse space.

The latest Ethereum innovation involves its upgrade to Ethereum 2.0, which will make transactions considerably cheaper and transaction rates considerably faster.

Then there’s innovation forming the basis of other blockchain networks, which are introducing technology not seen anywhere else in the crypto space.

One such example, whose vision is ambitious to say the least, is Galileo Exchange, whose native token GELT is built on the Binance smart chain.

Image Source: Galileo Exchange

To know more: How is blockchain tech changing the trading world? An introduction to Galileo Exchange

Put simply, one of Galileo’s features is its “frictionless trading where its native GELT token is engineered to return 100 percent of wagered funds back to its users”.

Read: Everything you need to know about the GELT Token

Like any project with lofty ambitions, it requires a solid team of talented individuals. So, let’s take a look at Galileo’s key players.

Dr George Muchnicki – CEO/Co-founder

Dr Muchnicki graduated from Monash University with a medical degree and subsequently, spent 25 years in private practice.

Since 2021, he has served as chief medical officer for Genetic Technologies Ltd - a biotech company involved in advanced DNA genetic research and testing.

Avi Bouhadana – Co-founder 

Bouhadana has nearly two decades of experience in the Capital Markets industry. He also previously co-founded the Makor Group – a company that provides trading and investment ideas.

Roman Sokolowski – CTO

Having excelled as both a System engineer as well as an IT trainer for a combined 12 years, Sokoloski moved into forex ad binary options, where he served as a Forex strategies analysts until 2014.

He later became the chief technical officer of Candlebets Limited, where he was able to parlay his skills and experience into developing Galileo’s ambitious and innovative platform.

The Future

It would not be a stretch to claim that a company’s success is based almost entirely on the skills, experience, creativity and drive of the team. This is particularly true in the crypto space, which is moving at such a frantic pace that those companies with the most talented innovators are almost inevitably the ones that will take the industry forward in the decades to come.

Galileo’s platform is complex and has lofty ambitions, to say the least. The Company’s ability to execute its vision will ultimately come down to how well the key players can fulfil their potential and make the best of the opportunity that the crypto space is offering.

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