Davos Elites Still Don’t Get Blockchain
"It's not useful for anything," Krugman and his cohort claim. The problem of this blinkered mindset is that it fails to recognize the cost of trust.
Most Davos experts appear to agree that blockchain technology is best for data collection rather than self-sovereign finance.
"I have long held that, were cash invented today, it would be dismissed by policymakers, bankers and law enforcement as dystopian, absurd and dangerous."
The word from Davos is blockchain not crypto, cashless futures, and CBDCs, while Brekkie von Bitcoin gives us his take on the emergent field of bitcoin art.
More than 40 central banks are experimenting with blockchain, says a new report by the World Economic Forum.
Blockchain technology can help global businesses generate an extra $1 trillion in trade finance, according to World Economic Forum research.