World Economic Forum Blockchain led by Estonia

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World Economic Forum Blockchain led by Estonia

The World Economic Forum Blockchain created a new working group focused on the distributed ledger with the Estonian President.

This so-called “Global Futures Council on Blockchain Technology” will be met for the first time during an event held in Dubai  later this week. According to the World Economic Forum Blockchain the group will be focused on the development of governance models related to the distributed ledger.

Toomas Hendrik Ilves, president of Estonia for 10 years, will co-chair together with Jamie Smith, chief communications and marketing officer for bitcoin mining and blockchain services firm BitFury and a former official in the Obama White House.

Members of the group are: Ma Jun (chief economist for the People’s Bank of China’s research outfit) and Claire Sunderland Hay (head of the Bank of England’s fintech startup accelerator).

The group also include representatives from bitcoin-related startups such as BitPesa, Everledger, Ripple and Chain; and institutions such as Barclay’s and Deutsche Bank.

Here you can read the full list of the “World Economic Forum Blockchain” members.

“The distributed ledger or blockchain system of preserving data integrity and security is one of the most promising new technologies to emerge in the past decade. Its full potential is only now beginning to be realized. This Council will play a leading role exploring how blockchain can be used to improve security on the internet.”

The WEF counducted an internal research about the blockchain since 2015 and this new working group is part of a broader network of Global Agenda Councils, focused on problems such as climate change, AI and cybersecurity.

<img src="/images/worldeconomicforumblockchain.jpg" alt="World Economic Forum Blockchain " height="264" width="350" />

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Amelia Tomasicchio
Amelia Tomasicchio

Amelia Tomasicchio is a content writer and marketer of Bitcoin-related news and fintech startups. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.

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