Bitcoin Powerhouse Bitfury Initiates Global Blockchain Business Council in Davos

The Bitfury Group, prominently known as a developer of bitcoin mining hardware and operator of mining farms, has launched the Global Blockchain Business Council (GBBC). The forum’s aim is to bring together leading businesses, executives & government authorities and figures to collaborate and push for the adoption of blockchain technology around the world. Calling itself “the leading global full-service Blockchain technology company”, the Bitfury Group has, in collaboration with international law firm Covington, launched the inaugural council at a hotel in Davos. The event was planned....

The Bitfury Group that develops Bitcoin mining hardware and operates mining farms has launched the Global Blockchain Business Council (GBBC) in collaboration with the international law firm Covington. The announcement was made at the event held alongside the World Economic Forum’s annual meeting in Davos. It happened just before the new United States President Donald Trump sent jitters down the spine of the world’s political and financial elite announcing at his inauguration: “From this day forward, a new vision will govern our land.” Trump has promised the American people “challenges” and....

The recent summit at Davos saw the creation of Global Blockchain Business Council, with China playing an important role in it. China is the land that gave birth to the great military general and strategist, Sun Tzu. Sun Tzu is well-known for his “The Art of War,” and the Chinese seem to have adopted it quite well. Thankfully, it is not as serious as going to war with an enemy, or at least it doesn’t feel that way at the moment. The Chinese representatives at the World Economic Forum Summit in Davos called for a unified approach towards creating blockchain solutions. At the same time, the....

The British Overseas Territory is making steps towards bringing blockchain adoption into the mainstream. The Government of Gibraltar has announced its official appointment as an observing member of the Global Blockchain Business Council, or GBBC. It will be working alongside blockchain industry leaders from more than 50 countries.According to the announcement, Gibraltar expects to promote adoption across the British Overseas Territory and will consult widely to address topics such as regulation and education with business leaders and lawmakers to make the country a a “friendly-one for....

A look back on the week that was the World Economic Forum and how crypto might have stolen the show. The spectacle that is the World Economic Forum (WEF) came to a close in Davos, Switzerland on Friday, May 27. Nearly 3,000 people from over 110 countries took planes, trains and helicopters to the highest town in Europe to lobby leaders and push and query the WEF agenda.And, while the war in Ukraine took center stage during the WEF, climate change played the hero and economic recovery was the damsel in distress. Meanwhile, blockchain and cryptocurrency featured as — at the very least — a....