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International cooperation and the era of digital currency growth | Hellenic Shipping News Worldwide

International cooperation and the era of digital currency growth
The COVID-19 pandemic and consequent economic crisis have indelibly altered our daily lives. One of the profound changes has been the acceleration in the shift towards digital payments, as customers avoided cash over fears it might spread the virus, and as retailers adapted by moving their activity online.
These challenges provided fertile grounds for exploring new digital forms of payment. How the world coordinates over the treatment of these new, potentially disruptive, technologies will critically shape whether the opportunities they present can be harnessed and the risks mitigated.
Two such new developments are central bank digital currencies (CBDC) and “stablecoins”. Central banks are actively looking at CBDCs, and demand for digital means of payments is here to stay. A Bank for International Settlements (BIS) survey found that more than 85% of central banks are exploring or researching CBDC, alt ....

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Positive Tech Solutions will forge recovery: Global Technology Governance Summit Concludes

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Positive Tech Solutions will forge recovery: Global Technology Governance Summit Concludes
More than 2,000 leaders from 125 countries gathered to shape the trajectory of the Fourth Industrial Revolution
Business leaders emphasized the importance of positive solutions that technology can bring to societal, climate and equity issues
The summit’s conclusions will feed into platforms, initiatives, and projects for the upcoming Special Annual Meeting 2021 in Singapore
For more information, visit www.weforum.org. Share on social media using the hashtag #GTGS21
Tokyo, Japan, 8 April 2021 – Global leaders back the need for more technology governance to tackle the most pressing global problems at the World Economic Forum’s inaugural Global Technology Governance Summit, which closed on Wednesday. ....

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Key takeaways on digital currency from The Davos Agenda

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Key takeaways on digital currency from The Davos Agenda
(Credit: Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Kathryn White, Project Fellow, Centre for the Fourth Industrial Revolution, World Economic Forum & Ashley Lannquist, Project Lead, Blockchain and Distributed Ledger Technology, World Economic Forum & Ashlin Perumall, Project Fellow, Centre for the Fourth Industrial Revolution, World Economic Forum LLC & Yan Xiao, Project Lead, Digital Trade, World Economic Forum
Digital currencies are poised to have an impact on the financial system; about 86% of central banks are exploring the benefits and drawbacks of central bank digital currency. ....

Glennh Hutchins , He Tharman Shanmugaratnam , Hikmet Ersek , Kathryn White , Andrew Bailey , Yan Xiao , Sara Pantuliano , Forum Digital Currency Governance Consortium , World Economic Forum Ashley Lannquist , European Commission Markets In Crypto , Centre For The Fourth Industrial Revolution , Steering Committee , Development Institute , World Economic Forum Ashlin Perumall , Governor Of The Bank , Union Company , Ledger Technology , World Economic Forum , European Sting , World Economic , Project Fellow , Fourth Industrial Revolution , Ashley Lannquist , Project Lead , Distributed Ledger Technology , Ashlin Perumall ,