World Economic Forum: Realizing the Potential of Blockchain
- June 30, 2017
- Posted by: admin
- Category: Articles
Realizing the Potential of Blockchain
A Multistakeholder Approach to the Stewardship of Blockchain and Cryptocurrencies
Blockchain, or distributed ledger technology, could soon give rise to a new era of the Internet even more disruptive and transformative than the current one. Blockchain’s ability to generate unprecedented opportunities to create and trade value in society will lead to a generational shift in the Internet’s evolution, from an Internet of Information to a new generation Internet of Value. The key to enabling this transition is the formation of a multistakeholder consensus around how the technology functions, its current and potential applications and how to create the regulatory, cultural and organizational conditions for it to succeed.