Tagged: world economic forum

First Quantum Computing Guidelines Introduced as Investment into Sector Increases, WEF Reports

Computer Speed Fast Internet Zoom Keyboard

National governments have reportedly invested more than $25 billion into quantum computing research and more than $1 billion in VC deals have closed in the past year – “more than the past three years combined,” according to an update shared by the World Economic Forum… Read More

A Clear Divide Exists Between High-Income and Emerging Economies in Attitude Towards AI, World Economic Forum Reports

AI Face Digital ID Artificial Intelligence

A recent survey highlights a “clear divide” between high-income and emerging economies in “attitudes” toward artificial intelligence (AI), with “optimism” considerably higher in emerging economies. Those in emerging economies noted that they are “more familiar with AI tools and products than those in developed economies.”… Read More

Sheila Warren and Sumedha Deshmukh from WEF Explain Why Effective Crypto Regulations Take Time and Caution

Time Late Delay Statue

Sheila Warren, Deputy Head of the C4IR; Member of the Executive Committee, World Economic Forum,  and Sumedha Deshmukh Platform Curator, Blockchain and Digital Currency, World Economic Forum, recently published their views on why effective cryptocurrency regulations will take time to develop. As noted (on August… Read More

Like Many Innovators, Consensus Moves to Texas, Partners with World Economic Forum

Texas by Enrique Macias Unsplash

Like a lot of people and companies, Consensus is moving to Texas for 2022. The in-person blockchain-focused gathering will take place in Austin in June 2022. The Mayor of Austin, Steve Adler, commented on the addition of the event to its city’s calendar: “The future… Read More

DeFi: Wharton School of the University of Pennsylvania Publishes Comprehensive Report on Decentralized Finance

Pennsylvania

The Wharton School of the University of Pennsylvania, the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, has released a report titled, “DeFi Beyond the Hype – The Emerging World of Decentralized Finance.” The extensive report, which has been… Read More

UK’s National Standards Setting Organization, BSI, Releases Security Token Specification, Blockchain Industry’s First Cross-Chain Standards

House Guards London UK

The United Kingdom’s national standards organization, the British Standards Institute (BSI), had recently released the Security Token Specification, which is one of the industry’s very first cross-chain standards. The specification is referred to as “PAS 19668” and has been supported or sponsored by blockchain advisory… Read More

Digital Payments, E-Commerce, Cloud, 5G, AI, Machine Learning, Blockchain Considered Most Transformative Technologies for Enhancing Global Trade: Report

Change Ahead Sign Directions

Di Dai from the World Economic Forum (WEF), a Switzerland-based international NGO that’s “committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas,” confirms that the Coronavirus crisis has accelerated… Read More

World Economic Forum Publishes Report on Digital Assets: Crypto, What Is It Good For? An Overview of Cryptocurrency Use Cases

The World Economic Forum (WEF), Global Future Council on Cryptocurrencies, has published its inaugural report on digital assets entitled, Crypto, What Is It Good For? An Overview of Cryptocurrency Use Cases.  The report explains: “While much has been written about blockchain technology, there is little… Read More

How is Fintech Developing During COVID? The Global COVID-19 Fintech Market Rapid Assessment Study Answers Your Questions

Fintech and COVID

  The Cambridge Centre for Alternative Finance (CCAF) released a report this week entitled The Global Covid-19 Fintech Market Rapid Assessment Study. The report seeks to better understand the development of Fintech during a time of a global pandemic. The research was supported by the… Read More

Cambridge Centre for Alternative Finance, World Bank and World Economic Forum Present Global Study on COVID-19 Impact on Fintech

FIntech UK Cambridge University scaled

The Cambridge Centre for Alternative Finance (CCAF), along with its partners the World Bank and the World Economic Forum, hosted a presentation this week outlining its findings in a study reviewing the COVID-19 pandemic and its impact on the Fintech industry. The survey was launched… Read More

Establishing Proper Standards Is Key to Ensuring Blockchain or DLT Sector Moves Forward: Report

Blockchain

Establishing proper standards is the key to ensuring that the blockchain sector moves forward, according to a recent blog post published by the World Economic Forum (WEF). The blog post’s authors (Sumedha Deshmukh, Mercina Tillemann-Dick, Sofia Arend) note that standards for blockchain or distributed ledger tech… Read More

Sheila Warren from the World Economic Forum Explains Why She’s “Quite Bullish” about Blockchain and Its Future Impact

Sheila Warren, Head of Blockchain, Data, and Digital Assets at the World Economic Forum (WEF), an independent international organization committed to improving the state of the world by engaging business leaders of society to shape global agendas, says that she’s “quite bullish” about blockchain and… Read More

AI and Machine Learning Technologies Are On the Rise Globally, with Governments Launching Initiatives to Support Adoption: Report

h heyerlein on Unsplash AI technology Data Artificial Intelligence

Kate MacDonald, New Zealand Government Fellow at the World Economic Forum, and Lofred Madzou, Project Lead, AI and Machine Learning at the World Economic Forum have published a report that explains how AI can benefit everyone. According to MacDonald and Madzou, artificial intelligence can improve… Read More

World Economic Forum Recommends Adopting Clear and Actionable Cybersecurity Guidelines for Fintech Firms

Security Lock Door Deadbolt

The World Economic Forum (WEF) Fintech Cybersecurity Consortium was established in 2018. It aims to help protect the global financial ecosystem, which now includes large organizations with “high levels of cybersecurity maturity” and fast-growing Fintech firms that are offering emerging technologies such as AI, Big… Read More

Fintech Is Emerging as a “Crucial Means of Support” for MSMEs during COVID-19, According to the First Circle Growth Finance Team

Coronavirus COVID 19

Benedict Carandang and Lee-Anne Tobias from First Circle Growth Finance, a company that offers financing services to qualified SMEs in the Philippines that sell to other businesses or government agencies, note in a blog post published on the World Economic Forum’s (WEF) official website that… Read More

World Economic Forum: Fintech has been able to lower transaction and service costs and reach populations otherwise unable to participate in the formal financial system

Map World Global Travel andrew stutesman unsplash

The World Economic Forum (WEF) is a highly influential global organization that engages with top political leaders, business executives and other prominent members of global society to demonstrate that combined with integrity and high standards of governance, entrepreneurship is in the global public interest. Among… Read More

Initial Doubts about Blockchain or DLT’s Usefulness are “Fading” As Fintech Businesses See it As “Integral”: Report

Blockchain

Big Four auditing firm Deloitte claims that Fintech industry professionals no longer think that blockchain or distributed ledger technology (DLT) is “groundbreaking and merely promising.” The professional services firm’s 2020 Global Blockchain Survey polled around 1,500 senior management professionals and found that: “Initial doubts about… Read More

EquityZen Recognized by World Economic Forum as Tech Pioneer, Alongside Other Fintechs

Atish Davda

EquityZen, a secondary marketplace for private securities, has received a nice recognition from the World Economic Forum (WEF), according to a note from the firm. The WEF has selected EquityZen as a company in the list of the 100 of the most promising Technology Pioneers… Read More

CCAF: New Global Research Initiative Targets the Impact of COVID-19 on Global Fintech Markets

Global Covid 19 FinTech Market Rapid Assessment Survey

Joint study to provide timely data and actionable insights on how the pandemic has affected the Fintech industry globally The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic… Read More

Blockchain Interoperability: World Economic Forum Releases Paper Explaining Importance of Effective Communication Between DLT Networks

Globe World North America South America Earth

During the past few years, blockchain or distributed ledger technology (DLT) has been adopted by a large number of companies from several major industries. There are currently hundreds of different DLT platforms being operated across the globe. Most of these blockchain-enabled networks are unable to… Read More

Send this to a friend