Wellfield Technologies (WFLD.V) wants to find a Grand Unified Theory for DeFi

Wellfield Technologies (WFLD.V) added globally recognized professor and researcher, Amir Shpilka, to their advisory board today to help them in their mission to find a Grand Unified Theory connecting DeFi to centralized finance.  I’ll explain later.

He’s the third appointment to the company’s advisory board since the company went live on the venture exchange in November, rounding out a team which includes global payments and fintech leader William Keliehor, and Professor Tamir Agmon.

“Our success in developing novel and high value blockchain technologies is largely due to the Company’s access to a breadth and depth of academic expertise that few Fintech organizations are able to access. Since 2018, Amir has played an active role in the planning and architecture of all our services, including the cross blockchain trading protocol, our product designed to make Bitcoin compatible with DeFi, as well as other purpose-built IPs. We are honored to have Amir join the Company’s advisory board, look forward to continuing to leverage his expertise and appreciate his continued contributions to our research efforts,” said Levy Cohen, CEO of Wellfield.

Wellfield’s focus is on decentralized finance (DeFi) and building a bridge between its strange, somewhat insular technological world and that of modern finance through decentralized protocols and blockchain-based consumer products. That’s not going to happen unless you have people with a solid understanding of how both worlds work.

You can think of the two worlds of centralized traditional finance and DeFi like Newtonian physics and that of the quantum realm. The two are connected in ways physicists haven’t quite figured out yet, but they’re constantly working on a grand unified theory. In our analogy, Wellfield’s offering an app that would put the grand unified theory connecting CeFi and DeFi in the palm of your hand through an application.

Here’s what Shpilka brings to the table:

• Amir Shpilka is a globally recognized professor and researcher in the field of theoretical computer science. His main research focus is on computational complexity theory, algebraic complexity, and coding theory.
• Currently, Prof. Shpilka is a faculty member at the Blavatnik School of Computer Science, at Tel Aviv University, where he previously served as the head of the Computer Science Department.
• Professor Shpilka has been a significant contributor to Wellfield’s blockchain technology, almost since inception, and he now joins the Advisory Board as the Company begins to commercialize its IP.

Shpilka has been involved in Seamless Logic Software, a wholly owned subsidiary of Wellfield, almost since its inception. He brings a PhD from computer science and mathematics from Hebrew University in Jerusalem to the table, and before he moved to Tel Aviv University, he served as a professor of computer science at the Technion-Israel Institute of Technology, and supervised students that went onto teach at schools like Princeton, University of Illinois at Urbana Champagne.

Does he publish frequently? The answer is yes. He’s been working on those weird blackboard related questions you see only in movies about academics with the strange advanced math using symbols you definitely don’t see in your high school textbooks. But if you’re so inclined you can see his publications online.

Even though it’s technically one of the most dead weeks for trading in the year—that negative space between Christmas and New Years—Wellfield’s pulled in a brand new all-time high today, jumping up 18%. And why not? They’re technically a cryptocurrency-related company and crypto doesn’t sleep.

—Joseph Morton

Full disclosure: Wellfield Technologies is an equity guru marketing client.