Blockchain Named Technology Pioneer by World Economic Forum
Blockchain Recognized for its Commitment to Creating an Open, Accessible and Fair Financial Future. Tianjin, People’s Republic of China, 27 June 2016. Blockchain, the world’s leading provider of block chain technology, was today named a World Economic Forum Technology Pioneer, joining a selection of the world’s most innovative companies. Pioneers were....
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Blockchain has been named a World Economic Forum Technology Pioneer as an innovative company with the potential to significantly impact business and society through new technologies and advance the Fourth Industrial Revolution. Why Blockchain? Blockchain was recognized for transforming the $13 trillion financial services industry – by empowering millions across the globe to authenticate and transact immediately and without costly intermediaries. Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum, says: “Blockchain is among those companies helping to shape the Fourth....
The recent World Economic Forum report showcases the importance of blockchain technology in the future of financial infrastructure. Read more... A comprehensive report by the World Economic Forum released yesterday reiterates the importance of blockchain technology in global finance. The 129-page report presents the findings of an in-depth analysis of nine different use cases of the distributed ledger technology. The report titled “The Future of Financial Infrastructure – An ambitious look at how blockchain can reshape financial services” presents the findings from an earlier....
On August 11, 2016, the World Economic Forum (WEF) released a 300-page report entitled "The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services," exploring how the financial sector “could overcome current-state pain points through distributed ledger technology (DLT).” The WEF has been one of the most vociferous advocates for the potential of the blockchain technology. Bitcoin Magazine reported that in 2015 the WEF predicted that blockchain technology was one of the 21 changes in technological transformations and that the tipping....
A new report from the World Economic Forum predicts that the underlying technology introduced by the virtual currency Bitcoin will come to occupy a central place in the global financial system. The Blockchain has received what could be termed as it biggest endorsement yet since its creation. In a statement released with this report Giancarlo Bruno, the head of financial services industries, at the World Economic Forum, says: “Rather than to stay at the margins of the finance industry Blockchain will become the beating heart of it.” The unique characteristics of the Blockchain makes it....
You can add R Jesse McWaters, financial innovation lead at the World Economic Forum (WEF), to the growing chorus of industry voices warning that we’ve reached a "peak" when it comes to the hype surrounding blockchain technology. "I’m trepidatious about inflated expectations re: the blockchain," McWaters said in a new interview, the comments coming as he described the ongoing "awakening" he’s seen among major financial institutions in regards to the technology. While even the WEF itself has lauded blockchain as a global....