GAUS Trade Appoints Two New Advisors on its Board
By: Gaus Trade
Tags: Blockchain, Automotive, Gaustrade, Vehicles

GAUS Trade is seeking to transform the multi-trillion dollar automobile industry by removing all the intermediaries between a car manufacturer and the end user. By doing this, a new paradigm is set to be introduced that assures delivery of the vehicle within less than half the time currently required by the lengthy process and at a price that is around 30% less than its selling price. Using the revolutionary blockchain technology, the GAUS Trade platform assures safety and security of funds of customers.

The success of a venture greatly depends on the expertise, experience and inherent passion of a team that believes in the vision of the venture. At GAUS Trade, we believe that we have assembled a world class team that believes in the transformative business value that the venture brings to the auto industry. Recently, it invited two amazing multi-faceted individuals to its Board as Advisors. These two gentlemen have had diverse experience in their chosen fields but are united in their personal vision to transform the status quo with technological advancements.

Raghu Bala is the CEO of NetObjex Inc., based in Southern California. He was associated earlier with reputed companies like Yahoo, Infospace, PwC, and three more successful start-ups. He holds an MBA in Finance from Wharton, and MS in Computer Science from Rensellaer Polytechnic Institute. He has worked at Columbia University as an Adjunct Lecturer and is a published author and speaker at major conferences, Instead of IoT Congress, use Global Blockchain Conference and Google IO, among others. Raghu is a technology thought leader currently focused on decentralized computing, distributed ledgers, IoT and cryptocurrencies. He is also currently the Head Learning Facilitator for an MIT Course for Artificial Intelligence: Implications for Business Strategy program. He brings a heady mix of deep technical knowledge and solid business acumen in internet-related businesses.

Raghu said on his appointment as Advisor of GAUS Trade, “Blockchain technology is a disruptive technology only if you use it to solve real world problems with unique solutions. If you are creating “business as usual” solutions, you aren’t using the full potential of this transformative technology. In my opinion, what GAUS Trade is doing is truly revolutionary because nobody would have thought that a car can be bought directly from a manufacturer. Using a blockchain-based platform, now you can.”

Tim Mayeur is an e-commerce activator and ICO advisor. He launched Walmart.ca and Newegg.ca marketplaces, among others and enabled manufacturers to sell directly to consumers through Refurb.io and TidyLiving.com. Tim is also an Angel Investor who prefers to bet on companies that cut out middlemen and improve efficiency and has provided seed funding to some of the best known original businesses like CPRVegas.com, Shortlyster.com, Parabol.co and Kriya.ai, among others. He has proven executive experience in E-commerce, and in tailoring and implementing original solutions and business plans for corporations and start-ups. Tim studied leadership and marketing programs at the Schulich School of Business.

Tim was enthusiastic about his partnership with GAUS Trade. He said, “I believe that GAUS Trade is the perfect example of effective blockchain use by disrupting the auto sales industry. We all can agree that customers are experiencing high layered-in costs by dealers and some are still being up-sold on things they don’t even need. GAUS is here to correct this model by bringing in a transparent and direct way of buying a car from the manufacturer and killing the monopolistic intermediation.”

We believe that the deep insights and experience that Raghu and Tim bring to the table will greatly enhance our collective abilities to bring about a transformation to the auto industry. We welcome Raghu and Tim to the team and hope that they will provide immense value to GAUS Trade.

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