The World Economic Forum has created a new working group focused on blockchain co-chaired by the former president of Estonia.
The Global Futures Council on Blockchain Technology will meet for the first time later this week during an event in Dubai. The group's focus will largely center on the development of "governance models" related to blockchain, according to the WEF.
Toomas Hendrik Ilves, who served as president of Estonia for 10 years before leaving office in October, will serve as co-chair alongside Jamie Smith, chief communications and marketing officer for bitcoin mining and blockchain services firm BitFury and a former official in the Obama White House.
Notable members of the group include Ma Jun, chief economist for the People’s Bank of China’s research outfit, and Claire Sunderland Hay, head of the Bank of England’s fintech startup accelerator. The group also include representatives from bitcoin and blockchain startups like BitPesa, Everledger, Ripple and Chain, as well as financial institutions like Barclay’s and Deutsche Bank. A full list of members can be found here.
Ilves said in a statement:
This article has been updated.
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