# Jae Kwon Announces Retirement from Interchain Foundation Presidency
## Blockchain Architect Steps Down to Focus on Engineering Activities
Jae Kwon, a prominent figure in the blockchain world, has announced his retirement from his position as the president of the Interchain Foundation. Kwon, who is also a co-founder of Tendermint, made the announcement in June 2021, expressing his desire to shift his focus to engineering activities.
### A Brief Background on Jae Kwon
Kwon is known for his role as a blockchain software architect and has been a driving force behind the development of Tendermint, a popular blockchain platform. His work at Tendermint, combined with his leadership at the Interchain Foundation, has solidified his reputation as a key figure in the blockchain and cryptocurrency space.
### The Mission of the Interchain Foundation
The Interchain Foundation, also known as ICF, was established with the mission to promote the development of open-source and decentralized technologies. Under Kwon’s leadership, the ICF has been involved in various initiatives aimed at advancing the capabilities and adoption of blockchain technologies.
### Kwon’s Decision to Step Down
In his announcement, Kwon cited his passion for engineering as the primary reason for his decision to retire from his role as president of the ICF. He expressed a strong desire to shift his focus back to hands-on technical work, indicating that he would be dedicating more time to development activities within the blockchain space.
### Impact on the Blockchain Community
Kwon’s decision to step down from his position at the Interchain Foundation has sparked discussions within the blockchain community. Many see Kwon’s move as a significant shift in focus, with the potential to impact the direction of blockchain development and innovation.
### Future Endeavors
As Kwon prepares to step away from his role as president of the ICF, the community eagerly anticipates the impact of his renewed focus on engineering activities. With his extensive experience and expertise in blockchain technology, Kwon’s future endeavors are likely to be closely watched by industry insiders and enthusiasts alike.
In summary, Jae Kwon’s decision to retire from his position as president of the Interchain Foundation marks a significant development in the blockchain space. As he shifts his focus to engineering activities, the impact of his decision on the future of blockchain technology remains to be seen.
