World Economic Forum Gears Up for Hands-On Blockchain Research in 2016
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....
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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....
World Economic Forum 2016 in Davos on January 20-23, promises to pay great attention to cyber-physical systems and FinTech revolutionary solutions. This year a lot of sessions will be dedicated to emerging technologies changing the world’s economic ecosystem and the Fourth Industrial Revolution. According to one of the latest agenda by Klaus Schwab on the WEF official website: “Like the revolutions that preceded it, the Fourth Industrial Revolution [cyber-physical systems] has the potential to raise global income levels and improve the quality of life for populations around the world.”
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....