{"id":135919,"date":"2020-12-17T22:30:00","date_gmt":"2020-12-17T19:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wefs-crypto-council-explores-utility-beyond-price-speculation-in-inaugural-review\/"},"modified":"2020-12-17T22:30:00","modified_gmt":"2020-12-17T19:30:00","slug":"wefs-crypto-council-explores-utility-beyond-price-speculation-in-inaugural-review","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wefs-crypto-council-explores-utility-beyond-price-speculation-in-inaugural-review\/","title":{"rendered":"# WEF\u2019s crypto council explores utility beyond \u2018price speculation\u2019 in inaugural review"},"content":{"rendered":"<p>&#8220;<strong># WEF\u2019s crypto council explores utility beyond \u2018price speculation\u2019 in inaugural review  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTIvOGQ1ZDgyZmUtNTJlNC00N2RmLWJkMDAtMjI4YzdkZjVjMTU0LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>The World Economic Forum\u2019s cryptocurrency working group published its inaugural review on Thursday \u2014 its first step in communicating the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lication of digital assets in finance and beyond.<\/p>\n<p>In a 38-page report, the Forum\u2019s Global Future Council on Cryptocurrencies highlights the various use cases of digital assets \u201cbeyond price and speculation.\u201d The foreword, written by CoinShares\u2019 Meltem Demirors and Visa\u2019s head of crypto Cuy Sheffield, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www3.weforum.org\/docs\/WEF_Cryptocurrency_Uses_Cases_2020.pdf\">states<\/a>:<\/p>\n<blockquote><p>\u201cThe Council has [&#8230;] created this booklet to highlight a non-exhaustive list of companies, protocols and projects that represent the diversity of use cases that cryptocurrencies and the networks which they power can enable.\u201d<\/p><\/blockquote>\n<p>Dozens of cryptocurrencies are listed in the report via one-page summaries that outline project goals, implementation strategy and key metrics. The projects are broken down into four categories: base layer crypto assets, second-layer protocols, financial products and services and non-financial applications and services. <\/p>\n<p>As one would expect, Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are listed as base layer assets, alongside Tezos (XTZ), Celo (CELO), Filecoin (FIL), Zcash (ZEC) and Arweave (AR).<\/p>\n<p>Some of the non-financial applications featured in the report include UNICEF CryptoFund and World Food Programme. <\/p>\n<p>The invitation-only Council is made up of 30 representatives from various industries and includes members who do not share a single unified view of digital assets. Brad Garlinghouse, Joseph Lubin, and Catherine Coley are among the members. <\/p>\n<p>On its official website, the Council <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.weforum.org\/communities\/gfc-on-cryptocurrencies\">says<\/a> it plans to \u201cwork on technical knowledge products for regulators and policy-makers to inform better governance, capacity-building initiatives, and other projects&#8230;\u201d <\/p>\n<p>The World Economic Forum has been broadening its research into digital assets. Last month, the Forum released a report touting blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> as a cornerstone of environmental and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> responsibility.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/wef-s-crypto-council-explores-utility-beyond-price-speculation-in-inaugural-review\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# WEF\u2019s crypto council explores utility beyond \u2018price speculation\u2019 in inaugural review &#8221; The World Economic Forum\u2019s cryptocurrency working group published its inaugural review on Thursday \u2014 its first step in communicating the application of digital assets in finance and beyond. In a 38-page report, the Forum\u2019s Global Future Council on Cryptocurrencies highlights the various&#8230;<\/p>\n","protected":false},"author":1,"featured_media":135920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/8d5d82fe-52e4-47df-bd00-228c7df5c154.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[76377,74863,79671,117],"class_list":["post-135919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-coinshares","tag-cryptocurrencies","tag-world-economic-forum","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/135919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=135919"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/135919\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/135920"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=135919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=135919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=135919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}