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World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge

World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge

The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.

Nations Around the World Urged to Learn From China in Fighting Coronavirus Using Blockchain

Nations Around the World Urged to Learn From China in Fighting Coronavirus Using Blockchain

Different stakeholders are urging other nations to embrace China’s effective model in fighting this pandemic by deploying blockchain technology.

The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption

The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption

The World Economic Forum (WEF) published a report on the importance of blockchain in supply chain disruption amid the coronavirus pandemic. Although the report suggested that blockchain may not be able to support the damage caused by the impact of COVID-19 directly, it may help with supply chain visibility.

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.

World Economic Forum Partners with Mining Companies to Design Blockchain Solutions

World Economic Forum Partners with Mining Companies to Design Blockchain Solutions

According to a Medium post released on Oct. 25, seven major mining and metals companies have decided to partner with World Economic Forum (WEF) to experiment, design, deploy blockchain solutions and sustainably maximize blockchain sourcing of raw materials.

World Economic Forum Views Blockchain as the Vaccine for Future Interferences in the Seafood Sector

World Economic Forum Views Blockchain as the Vaccine for Future Interferences in the Seafood Sector

The World Economic Forum (WEF) touts blockchain technology as the vaccine and game-changer needed to ensure things run smoothly in the global seafood supply chain irrespective of future disruptions. This is based on the fact that the coronavirus (COVID-19) pandemic has laid the bare knuckles of the inefficiencies and challenges faced by the seafood industry.

May 25: Negative Rates Eating the World (but not Crypto)

May 25: Negative Rates Eating the World (but not Crypto)

Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.

Why Stablecoins are Securing the Future of Crypto World

Why Stablecoins are Securing the Future of Crypto World

While the value of most cryptos has tremendously declined due to coronavirus outbreak, the demand for stablecoins seems to be on the rise.

A New World of Money - Blockchain in Human History Series

A New World of Money - Blockchain in Human History Series

In this article we take a deep dive in money issuance standard to witness the evolution of money. The evolution of money issuance standard can be summarized in four phases.

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.

World Economic Forum Launches New Blockchain Toolkit for Supply Chains to Support the World Through Post-COVID Economic Recovery

World Economic Forum Launches New Blockchain Toolkit for Supply Chains to Support the World Through Post-COVID Economic Recovery

The World Economic Forum (WEF) has just released its Blockchain Deployment Toolkit, aiming to enable companies of any size to be able to maximize the benefits of integrating blockchain technology in the supply chain sector. The toolkit allows companies to be able to get a better idea of how to handle deploying blockchain technology in regards to supply chain uses.

World Economic Forum Launches Global Consortium for Digital Currencies Governance

World Economic Forum Launches Global Consortium for Digital Currencies Governance

The World Economic Forum has unveiled a global consortium that aims to design a framework for the governance of digital currencies, including stablecoins. The consortium will focus on increasing access to the financial system through innovative policy solutions, which are interoperable and inclusive. The inspiration behind the formation of the consortium is based on the premise that opportunities for financial inclusion can only be unlocked if the space is properly regulated and include private-public cooperation across emerging and developed markets.

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