World Economic Forum Study Predits Blockchain Transformation in 2023
It may take at least eight years for blockchain technology to reach its so-called tipping point, according to a survey conducted by the World Economic Forum. In their report titled "Deep Shift: Technological Tipping Points and Societal Impact" the organization identified the blockchain or the distributed ledger of bitcoin transactions as one of the six largest trends to transform the digital world. The report was compiled by the WEF's Global Agenda Council on the Future of Software and Society and comprised a survey of more than 800 information and communications executives and experts.....
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The World Economic Forum (WEF) has identified blockchain technology as one of its six mega-trends in a new report broadly aimed at outlining the expected transition to a more digital and connected world. Compiled by the WEF's Global Agenda Council on the Future of Software and Society, the report included the results of a survey of more than 800 information and communications executives and experts. Perhaps most notable among the poll's findings is that those surveyed believe the "tipping point" for government use of the blockchain will occur by 2023. For purposes of the survey, blockchain....
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 World Economic Forum (WEF) and Deloitte have concluded that the blockchain is “the future of financial infrastructure” in a new report published today. World Economic Forum Praises So-Called ‘DLT’. Both parties announced the results of a year-long study based on the findings of their 2015 report, “Disruptive Innovation in Financial Services.” The....
While presenting a new report about virtual currencies at the World Economic Forum, Christine Lagarde, the director of the International Monetary Fund (IMF) speaks for virtual currencies and their underlying technology’s potential to become a powerful tool. A new report by the International Monetary Fund praised the benefits and innovation that comes with virtual currencies. It calls for a balanced regulatory framework that should be mindful of the innovation at hand. IMF Managing Director Christine Lagarde presented the report at the World Economic Forum during the panel Transformation of....
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....