During the Davos Agenda event, which runs from January 25 to 29, two separate sessions are devoted to cryptocurrencies and Central Bank Digital Currencies (CBDC).
According to the information on the website of the World Economic Forum, participants of the Davos Agenda online event will discuss issues related to cryptocurrencies during two sessions. Sessions called Resetting Digital Currencies will be held on Monday and Thursday.
The opening session will feature five speakers, including Bank of England Governor Andrew Bailey and Western Union President and CEO Hikmet Ersek. Thursday’s panel includes four speakers, including Senior Government Minister of Singapore Tharman Shanmugaratnam and Chairman of the Beijing-based National Institute of Financial Studies Zhu Min.
“COVID-19 has accelerated the long-term shift away from cash, Meanwhile, central bank digital currencies are emerging that have the potential to change the way people use money around the world. What measures and partnerships are needed to take advantage of the opportunities offered by the growth of digital currencies?”
Davos Agenda is a five-day online summit that will bring together the world’s leading figures in the finance industry and government representatives. Sessions on cryptocurrencies fall under the theme of the Fair Economy Summit. Other topics include “Technology for Good,” ”How to Save the Planet,” and “ A Healthy Future.”
Recall that in December 2020, the WEF tested blockchain platform to track carbon emissions. In October 2020, the World Economic Forum and the Global Blockchain Business Council released a report exploring standards for blockchain development and regulation around the world.
According to a July 2020 WEF report, new technologies, including blockchain, are able to boost economic growth through “nature-friendly” solutions.