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Davos 2020: How Will WEF Talk about Blockchain and Crypto?
The much anticipated World Economic Forum (WEF) Annual Meeting has come to the 50th edition this year. From Jan 21–24, the Swiss mountain town of Davos will once again welcome world leaders, entrepreneurs, chief executives, and thinkers to discuss the prospects and challenges in the global economy, technology development, and geopolitics.
With Greta Thunberg being named Time’s Person of the Year 2019, global climate change and environmental issues seem to have also caught the attention of the WEF and are taking the center stage of the event. Themed Stakeholders for a Cohesive and Sustainable World, this year’s Davos will focus on the pressing problem on sustainable development and the progress of the Paris Agreement.
The annual meeting will cover the following areas:
- How to Save the Planet
- Society & Future of Work
- Tech for Good
- Fairer Economies
- Better Business
- Healthy Futures
- Beyond Geopolitics
Photo by Evangeline Shaw on Unsplash
Will blockchain still catch the spotlight in WEF 2020?
With the blockchain market craze calming down and other global pressing issues coming up, the technology is not expected to get as much hype as the last two years. However, as an emerging disruptive tech to the world economy, blockchain will still be one of the focuses in WEF 2020.
Without a doubt, blockchain took a bigger step into legacy finance in 2019 and gradually changing the way governments, financial institutions, investors, and general public work with currencies and money.
A recent article by WEF predicts that 2020 may see the introduction of a global digital currency and there will be three pillars driving blockchain and digital currencies development in the coming year, namely the traditional cryptocurrencies like Bitcoin, corporations such as Facebook, as well as countries like China who is reportedly “almost ready” to launch its own digital currency DCEP. With support from different global leading powers, blockchain is expected to maintain its powerhouse status in the finance and tech spaces.
A panel worth watching
For those who would like to understand how chief executives and scholars in finance see the status quo, opportunities, and challenges of the global financial system, you should not miss the panel discussion Shaping the Future of Financial and Monetary Systems which is to be held on Jan 21.
At the same time in Davos
As a pioneer in promoting fintech, decentralized finance, and blockchain technology, OKEx is also joining the world to explore how a new blockchain-driven financial system should take shape and be applied to real-world use cases.
This year, Lennix Lai, OKEx’s Financial Markets Director, will be attending two major events in Davos to share his views in this regard. Details of his panel discussion and keynote presentation are as follows:
Davos Russia House 2020
Emerging Technologies Investment Meeting 2020
Lennix will also be meeting everyone in Davos in the events. You are very welcome to come to say hi with him and our team. See you there!
The world’s largest and most diverse cryptocurrency marketplace, OKEx is where global crypto traders, miners, and institutional investors come to manage crypto assets, enhance investment opportunities, and hedge risks. We provide spot and derivatives trading, including futures, perpetual swap, and options, of major cryptocurrencies, offering investors great flexibility in formulating their strategies to maximize gains and mitigate risks.
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