Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock.com, Inc. (NASDAQ:OSTK) announces its new appointment to its executive leadership team. Jeremy Smith, who formerly served as a development manager for Medici Ventures, has been named to the role of Chief Technology Officer
“Medici Ventures and its companies will benefit greatly from the experience Jeremy will bring into his new position,” said Jonathan Johnson, president of Medici Ventures. “His technological background and leadership skills will allow Medici Ventures to continue to bring blockchain-based solutions into production, facilitating the development of a technology stack for civilization.”
“After a long, thorough search, we were pleased to find the best candidate for Medici Ventures right under our nose,” said Joel Weight, Medici Ventures Chief Operating Officer. "Jeremy has provided excellent leadership within the organization over the course of the past year and I’m confident in his ability to guide us through our continued growth.”
“Blockchain technology is significantly impactful and will shift the way real-world problems are solved,” said Jeremy Smith, Medici Ventures Chief Technology Officer. “Medici Ventures is using blockchain technology to provide value and reshape ways societies function. I’m pleased to continue to bring products into production to replace inefficient institutions and systems.”
Jeremy Smith has over two decades of experience building enterprise software solutions and development teams. Mr. Smith co-founded an insurance data consulting company, Castle Inspection Service ("CIS"), with an emphasis on technologies that help insurance carriers make better underwriting and loss control decisions. Serving as the Vice President of Information Systems, Mr. Smith led the technology efforts that scaled the company from a start-up to the point of providing national coverage. CIS was sold to a private equity firm and later to a publicly traded company, EXL Services.
Mr. Smith joined Medici Ventures in 2018 and focused on coaching development teams on delivering blockchain-related software. He has worked with the teams to adopt strong practices in prioritizing business value and delivering product features to production.
Earlier in his career, Mr. Smith helped found the University Venture Fund (“UVF”), the country’s largest university student-managed venture capital fund. UVF has been featured in the Wall Street Journal, Forbes, Newsweek, Venture Capital Journal, Dow Jones Newswire, and the Associated Press.
Mr. Smith has a BS in Economics from the University of Utah.