Gary Cohn, the former Goldman Sachs GS, +1.55% president and economic advisor to President Donald Trump has joined the advisory board of Spring Labs, a blockchain-based start-up. The Los Angeles-based company enables participants to exchange credit and identification data on its Spring Labs protocol without sharing it with a third party. “I have been very interested in blockchain technology for a number of years, and Spring Labs is developing a network that could have profound implications for the financial services sector, among others,” said Cohn, according to a news release. Cohn left his role as economic advisor to President Trump on March 6.

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