World Economic Forum (WEF) Report Says Blockchain Is A Core Component in Sustainable Digital Finance

2020-11-13 22:26

The World Economic Forum (WEF) recently released a new report about the future of digital finance on Wednesday. The WEF report noted that blockchain and Artificial Intelligence, the Internet of Things (IoT), and mobile platforms represent a core element of digital finance's sustainable future.

The report noted that blockchain combines coming of age technologies with a sustainable environment-conscious business model. In the report, UBS executive Karin Oertli noted that all these nascent technologies could help organizations and governments to meet their sustainability goals. Oertli wrote,

“We believe that sustainable digital finance will play an essential role in efficiently channeling this capital to fuel innovation, growth, and job creation, at the same time supporting the transition to a sustainable, low-carbon economy.”

Currently, many European countries and top silicon tech firms' save pledged to reduce their carbon footprint to zero in the next decade owing to the growing concern over climate change and global warming. Thus it has become even more important to bring sustainable business models to rescue the planet earth before it's too late.

New WEF Report In Line With OECD Research

The latest sustainability report from WEF is not the first report of its kind, which has touted Blockchain as the key to sustainable future business models. It reinstates the research conducted by the Organization for Economic Cooperation and Development (OECD). The OECD report had made similar claims regarding blockchain and said,

“The core properties of blockchain and other DLT can enable deeper technological integration, standardization, and the possibility of new business models.”

Carbon dioxide emissions are growing significantly with each passing year. Some of the western countries have taken it upon themselves to make sure to cut their carbon footprint from now onwards.

The emergence of blockchain as key to a sustainable future comes just in time as crypto space has been battling the criticism over Bitcoin's network electricity consumption and carbon emission.

The post World Economic Forum (WEF) Report Says Blockchain Is A Core Component in Sustainable Digital Finance first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Wish Finance (WSH) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 WSH

finance digital report wef world future sustainable

Источник: bitcoinexchangeguide.com

finance digital → Результатов: 126


Фото:

South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies

The Minister of Finance of South Africa, Tito Mboweni, explained in a letter on Jan. 2 that the region’s government has created a regulatory working group dedicated to cryptocurrencies. According to Mboweni, the working group includes representatives from multiple South African agencies and aims to produce a comprehensive regulatory response to the growing digital asset […] The post South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies appeared first on Bitcoin News.

2019-1-3 23:10


Фото:

В рейтинг KPMG лучших китайских финтех-компаний впервые попали блокчейн-стартапы

Глобальная аудиторская компания из “Большой четверки” KPMG опубликовала “Индекс лучших китайских финтех-компаний за 2018 год”. Это уже третья редакция рейтинга KPMG, и его отличительной чертой стало появление в нем наряду с финансовыми фирмами, включая Lufax и Baixin Bank, интернет-компаний, таких как Ant Financial Services Group, Jingdong Digital Technology (ранее JD Finance) и Tencent Financial. Также […]

2018-12-31 14:41


Bybit: BTC And ETH Futures Cryptocurrency Derivatives Exchange?

What Is Bybit? ByBit is a worldwide platform for cryptocurrency derivatives exchange. It is designed for retail traders, professionals, and investment institutions. ByBit seeks to transform today’s cryptocurrency market through combining the best of digital assets and traditional finance to create the safest, most reliable, fairest, and most user-friendly trading avenue for the industry. With its […]

2018-12-12 10:04


Фото:

BitGo Adds Support For Stablecoins; Set Sights on Listing 100 Cryptos and Tokens By the End of 2018

BitGo, a California-based blockchain security firm, digital assets wallet provider and custodian has announced it’s now supporting the major stablecoins  currently on the market, including Circle’s USDCoin (USDC), Gemini  Dollar (GUSD), Paxos Standard Token (PAX), and more, according to a Finance Magnates report on November 15, 2018.

2018-11-18 20:00


Фото:

BitGo Adds Support For Stablecoins; Set Sights on Listing 100 Cryptos and Tokens by the End of 2018

BitGo, a California-based blockchain security firm, digital assets wallet provider and custodian has announced it’s now supporting the major stablecoins  currently on the market, including Circle’s USDCoin (USDC), Gemini  Dollar (GUSD), Paxos Standard Token (PAX), and more, according to a Finance Magnates report on November 15, 2018.

2018-11-18 20:00


Фото:

B2BX Cryptocurrency Exchange Secures Estonian Blockchain License

B2BX, a European digital assets exchange that supports major cryptocurrencies like bitcoin (BTC), ether (ETH), NEO (NEO), monero (XMR) and several others, has gotten approval from the Estonian Financial Intelligence Unit (FIU), making it one of the cryptoassets exchanges to be entirely regulated in crypto-friendly Europe, reported Finance Magnates on November 11, 2018.

2018-11-14 10:00


Фото:

Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.

2018-11-14 00:53


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

It Isn’t Layer 1 or Layer 2, It’s Time for LayerZero

While layer 1 solutions like Solana (SOL), Avalanche (AVAX), Binance Smart Chain (BSC), Polkadot (DOT), and Cardano (ADA) are trying to compete with Ethereum, layer 2 solutions like Arbitrum and Optimism are here to solve the issue of high fees and congestion on Ethereum network and have been gaining traction.

Jump Trading Group formally introduces Jump Crypto

Jump Trading Group, a data and research-driven trading business in operation for more than twenty years, today announced the formal launch of Jump Crypto, a dedicated unit focused on the development of blockchain ecosystems and cryptocurrency.