Share this article

Former Apple Exec Joins Decentralized Identity Startup Civic

Blockchain startup Civic has hired Apple veteran Phillip Shoemaker as executive director of Identity.com.

Updated Sep 13, 2021, 8:40 a.m. Published Dec 13, 2018, 1:59 p.m.
Apple store

Blockchain startup Civic has hired Apple veteran Phillip Shoemaker as executive director of Identity.com.

Shoemaker will be responsible for growth and development of the decentralized identity platform, the firm announced Thursday.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

“Phillip’s knowledge of blockchain and expertise building internal infrastructure will guide Identity.com through a key time of deployment and growth,” said Jonathan Smith, CTO and co-founder of Civic.

In his seven years at Apple, Shoemaker worked as a senior director for App Store Review division, where he built the team from four to over 300 members. Since leaving the tech giant, he's spent a couple of years acting as an advisor to blockchain startups.

Shoemaker said in a statement:

“Identity is the biggest unsolved problem of our society, and blockchain technology has the potential to completely revolutionize how we prove and verify identity. Enabling a trusted, open-source identity ecosystem, where anyone can contribute or participate, is a key part of making digital identity accessible and functional in our modern world.”

Civic bought the Identity.com domain in July of this year from a company named Inflection. While the cost of the acquisition was not disclosed, Civic co-founder and CEO Vinny Lingham said at the time: “It was very opportunistic and we lucked out for sure.”

The firm raised $33 million in an initial coin offering last year as part of an effort to build its decentralized infrastructure allowing third parties to make attestations about individuals.

Apple image via Shutterstock

More For You

Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

More For You

Weaker dollar fails to spur bitcoin gains, but there's a reason for that, JPMorgan says

A bear

Gold and other hard assets are rallying on dollar weakness, but bitcoin is lagging as markets continue to treat it as a liquidity-sensitive risk asset.

What to know:

  • Bitcoin has, unusually, not rallied alongside the slide in the U.S. dollar.
  • JPMorgan strategists say the dollar’s weakness is being driven by short-term flows and sentiment, not changes in growth or monetary policy expectations, and they expect the currency to stabilize as the U.S. economy strengthens.
  • Because markets do not view the current dollar decline as a lasting macro shift, bitcoin is trading more like a liquidity-sensitive risk asset than a reliable dollar hedge, leaving gold and emerging markets as the preferred beneficiaries of dollar diversification.