{"id":162120,"date":"2021-01-25T01:01:29","date_gmt":"2021-01-24T22:01:29","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cryptocurrency-makes-world-economic-forums-davos-agenda\/"},"modified":"2021-01-25T01:01:29","modified_gmt":"2021-01-24T22:01:29","slug":"cryptocurrency-makes-world-economic-forums-davos-agenda","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cryptocurrency-makes-world-economic-forums-davos-agenda\/","title":{"rendered":"# Cryptocurrency makes World Economic Forum’s Davos Agenda"},"content":{"rendered":"

“# Cryptocurrency makes World Economic Forum’s Davos Agenda <\/strong>”
\n<\/p>\n

The World Economic Forum\u2019s upcoming Davos Agenda will feature two separate sessions on cryptocurrency, offering another compelling sign that digital assets have permeated mainstream consciousness.\u00a0<\/p>\n

The sessions, titled Resetting Digital Currencies<\/em>, will be held<\/a> on Monday and Thursday. The first session will feature five public speakers, including Bank of England Governor Andrew Bailey and Hikmet Ersek, president and CEO of Western Union. <\/p>\n

Thursday\u2019s group features four speakers, including Tharman Shanmugaratnam, a senior minister for the government of Singapore, and Zhu Min, chairman of the Beijing-based National Institute of Financial Research.<\/p>\n

\u201cCOVID-19 has accelerated the long-term shift from cash,\u201d reads the prospectus for both sessions. \u201cMeanwhile, central bank digital currencies are emerging, potentially transforming how people use money worldwide.\u201d<\/p>\n

It continues:<\/p>\n

\u201cWhat policies, practices and partnerships are needed to leverage the opportunities posed by the rise of digital currencies?\u201d<\/p><\/blockquote>\n

Davos Agenda is a five-day summit featuring some of the world\u2019s leading figures in finance and government. The cryptocurrency series<\/a> falls under the summit\u2019s \u201cFairer Economies\u201d theme<\/a>. Other themes include \u201cTech for Good,\u201d \u201cHow to Save the Planet\u201d and \u201cHealthy Futures.\u201d<\/p>\n

The World Economic Forum is devoting more resources to understanding blockchain technology<\/a> and cryptocurrency. The Geneva-based organization has even created a cryptocurrency working group, which only last month published its inaugural review focusing on the various use cases for digital assets \u201cbeyond price and speculation.\u201d <\/p>\n

The Forum\u2019s research has cited blockchain technology as a key driver of \u201csustainable digital finance.\u201d Blockchain and smart contract capability, the Forum\u2019s researchers argue, can unlock \u201chidden values of legacy digital systems.\u201d <\/p>\n

Central bank digital currencies, or CBDCs, are one area of research the Forum has delved into over the past 18 months. In Jan 2020, the Forum announced<\/a> it had developed a framework to help banks \u201cevaluate, design and potentially deploy CBDC.\u201d The framework was developed in conjunction with over 40 central banks, financial institutions and academic researchers. <\/p>\n