Digital Asset, the provider of blockchain and tokenization technology for the Canton Network and regulated financial markets, announced its inclusion in the World Economic Forum’s Innovator Communities.
As an appointed member of the Unicorn sub-community, Digital Asset will contribute its expertise in blockchain innovation in order to “advance the transformation of global financial systems.”
Yuval Rooz, CEO of Digital Asset said:
“This membership underscores our commitment to enabling synchronized, interoperable financial markets through cutting-edge blockchain solutions. We look forward to collaborating with global leaders to address complex challenges and pioneer solutions that improve the flow of capital, reduce inefficiencies, and drive sustainable growth.”
The World Economic Forum’s Innovator Communities are a group of the world’s startups and scale-ups at the forefront of “technological and business model innovation.”
Comprising three sub-communities – the Technology Pioneers, Global Innovators, and Unicorns – the Innovator Communities “accompany start-ups along their growth journey.”
The World Economic Forum provides the sub-communities with “a platform to engage with public- and private-sector leaders and to contribute new solutions to overcome current crises and build future resiliency.”
Firms invited to join the Innovator Communities will engage with one or more of the Forum’s centres to “help define the global agenda on critical issues.”
As part of the Centre for Financial and Monetary Systems, Digital Asset will have the opportunity to work alongside industry partners and policymakers to contribute to the “evolution of tokenized assets, interconnected financial networks, and privacy-enabled solutions for institutional markets.”
As mentioned in the announcement, Digital Asset is an innovator in blockchain technology, transforming traditional and digital financial markets with privacy-enabled solutions that “improve capital flow and create a more efficient, fair, and resilient global system.”
As the creator of the Canton Network, the public layer one blockchain with privacy, and a founding member of its Global Synchronizer Foundation, Digital Asset has been a key player focused on this open, secure, and interoperable infrastructure.
Founded in 2014, Digital Asset is committed to reshaping the future of finance by enabling real-time efficiencies, 24/7 global transactions, and unlocking the full potential of “cryptocurrencies, digital assets and the continued convergence of decentralized and traditional finance.”
As noted in the update, the World Economic Forum is the International Organization for Public-Private Cooperation.
It engages the political, business, cultural, and other leaders of society to shape “global, regional, and industry agendas.”
The Forum was reportedly established back in in 1971 as a “not-for-profit” foundation headquartered in Geneva, Switzerland.
It is said to be “independent, impartial, and not tied” to any special interests.
