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Wednesday, 20 May 2015

Blockchain Firm Denies 'Conflict of Interest' for Advisor Yanis Varoufakis

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Blockchain technology firm Tembusu Systems has hit back at claims Greek finance minister Yanis Varoufakis' role as its advisor represents a "conflict of interest" for the politician.

Greece's weekly paper Proto Thema produced emails from a company representative claiming Professor Varoufakis was still "affiliated to Tembusu in an advisory role" as recently as March 2015.

This role "raises legitimate questions about a conflict of interest in Varoufakis’ support of an extreme albeit innovative method for financial transactions," the paper said.

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