Betsabe Botaitis is CFO at Hedera – a DeFi-oriented company providing enterprise blockchain solutions. She is responsible for all financial and accounting activities, including token economics and strategy.
Botaitis is a financial industry veteran with a distinctive career at Citibank, Barclays, Lending Club and Kueski. She also co-founded blockchain solutions provider AIKON.
As a passionate advocate for economic equality and financial inclusion, she will speak at Fintech Deal Day from Benzinga event in New York on November 13 on the theme “The triple bottom line of Fintech: profits, purpose and sustainability”.
Botaitis grew up in Mexico during a turbulent time. After witnessing the 1994 tequilla crisis and the devaluation of the Mexican peso, she decided to do something about it and became a bank teller at the age of 15. Nasdaq as the winner of Nasdaq’s Latina Disruptors event.
Botaitis has experience in developing strategic roadmaps to transform finance functions to digital. It leverages its expertise in banking, fintech and emerging technologies to drive innovation.
“One of the things that really attracted me to my current role at Hedera was the sense of alignment I had with Hedera’s vision to reduce settlement times and bottlenecks involved in cross-border trade while bringing central bank digital currencies (CBDCs) to a wider audience. interested in cryptocurrencies – eliminating volatility while providing speed and transparency to end users,” she said. “The future of financial inclusion looks increasingly bright as we move forward, and I look forward to ensuring Hedera continues to stay at the forefront of this important movement.”
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The Hedera network is an innovative and sustainable public registry. Its Hashgrap is a decentralized distributed network that is structurally different from the Bitcoin or Ethereum blockchain, but it performs equivalent functions. Its main advantages lie in more efficient security and validation algorithms.
Additionally, there is no mining, which significantly reduces the environmental impact. So far, Hedera is the only open ledger based on hashgraph technology. The board includes companies like Boeing, Deutsche Telekom, Google, IBM, Nomura and other prominent names.
Explaining the intricacies of its role in understanding how the ecosystem works and ensuring transparent communication and allocation of assets and their uses, Botaitis said CoinDesk that, in a perfect DeFi ecosystem, it would make itself redundant.
“My success would be that I am absolutely not needed. The goal is for everything to be automated, 100% permissionless and decentralized. That’s when I finally got to play this role,” she said.
Want to gain valuable insights from the digital asset pioneers creating the most exciting tokens in DeFi and NFTs? Don’t miss the opportunity to meet founders, investors and industry experts on November 14 in New York at Benzinga Conference on the Future of Digital Assets.
Now read: Serial entrepreneur Aditya Khurjekar: You always invest in people
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