Mechanical Technology, Incorporated, the parent company of MTI Instruments Inc. and EcoChain Inc. announced that its Board of Directors has appointed Aly Madhavji as a member of the Board, effective immediately. The company’s Board of Directors now has eight members, including Mr. Madhavji. Mr. Madhavji will be placed in the class of directors with a term that will expire in 2022. Mr. Madhavji is the Managing Partner at Blockchain Founders Fund. He also consults leading organizations, such as the United Nations, on emerging technologies. Mr. Madhavji is a Limited Partner at Loyal VC and Draper Goren Holm, an award-winning author, a Senior Blockchain Fellow at INSEAD and recognized as a "Blockchain 100" Global Leader by Lattice80.