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Benzinga Inspire

Jonas is a highly accomplished technology leader and an expert in various fields, including blockchain technologies, finance, DeFi, entrepreneurship, and internet technologies. He received his honors degree in Computer Science with Management from Edinburgh University and began his career in investment banking at the Royal Bank of Scotland and JP Morgan, where he worked on exotic derivative products and in trading technology teams focusing on securitized products.
Currently, Jonas is a co-founder and CTO of Synternet, a blockchain and internet technology company. In the past 6+ years, he has successfully helped the company to raise over $10 million in funding, grow a team of more than 30 engineer, supporting community of over 20 000 people, and secure large enterprise customers and partnerships. Synternet is Layer 1 blockchain with a permisionless data network powering next generation of web3 applications. The protocol has a utility token which powers the "Gas for data" economy and reached a market capitalization of over $200 million in 2021.
Jonas has led teams to launch several blockchains and blockchain-based solutions, a publicly tradeable utility token, holds patents for his work on a distributed autonomous internet routing protocol, and is a pioneer in decentralization and the global internet infrastructure. He is well-versed in the subjects of WEB3 and tokenomics, and has appeared on numerous WEB3 podcasts and been featured in Forbes, Yahoo!, and other media outlets.

Articles written by Jonas Simanavičius

blockchain-ai

While many are excited about the potential of AI, it does come with a large environmental impact, data hygiene issues, and other concerns. AI is powered by resource-intensive servers which consume huge amounts of energy. Data storage centers (server farms) account for more than 1% of global energy.

99% Of Data Will Be Consumed By AI Agents, Supported With Blockchain

Jonas Simanavičius

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