ZUG, 13 MARCH 2024. Partisia Blockchain, a leader in privacy-preserving, interoperable and sustainable blockchain solutions, has been notified by multiple exchanges that they plan to list the MPC token. This pivotal development marks a significant milestone for the Partisia Blockchain ecosystem and reflects the growing recognition and demand for the MPC token within the broader blockchain industry.
The MPC token, named after the multiparty computation technology pioneered by Professor and co-founder of Partisia Ivan Damgård in 1988, serves as the cornerstone of the Partisia Blockchain, embodying a unique and revolutionary approach to blockchain technology. The MPC technology maintains data encryption in all possible states, safeguarding underlying information and giving users enhanced control over data. Unlike traditional digital assets, the MPC token plays a multifaceted role within the ecosystem, serving as essential collateral and incentivizing active participation in network operations.
At its core, the MPC token functions as the linchpin of the Partisia Blockchain’s security framework. As a fundamental component staked to all nodes within the network, the MPC token ensures the integrity and resilience of the entire ecosystem. Its innovative collateralization model sets a new standard for blockchain security, underpinning trust and reliability in every transaction conducted on the Partisia Blockchain.
Kurt Nielsen, President of the Partisia Blockchain, says:
“The listing of the MPC token on multiple exchanges represents a pivotal moment in our journey to redefine the landscape of blockchain technology. We are excited to expand the accessibility of the MPC token to a broader audience of contributors, developers, and enthusiasts, thereby unlocking new opportunities for growth and innovation within the Partisia Blockchain ecosystem.”
For users actively engaged in network operations, the MPC token offers a dual-purpose mechanism for participation and rewards. Node operators are not only rewarded with transaction fees in the form of Bring Your Own Coin (BYOC), such as ETH, USDC, USDT, BNB and MATIC, but also earn MPC ecosystem rewards, incentivizing ongoing contribution to the network’s robustness and security.
Furthermore, the Partisia Blockchain introduces an innovative staking mechanism, allowing participants to stake their MPC tokens in other nodes. This process not only enhances network security by adding layers of additional insurance and collateral but also democratizes the benefits of network participation, ensuring inclusivity and equity among all ecosystem participants.
The listing of the MPC token on multiple exchanges underscores Partisia Blockchain’s commitment to fostering a vibrant and dynamic ecosystem of decentralized innovation. As the demand for secure and scalable blockchain solutions continues to grow, the MPC token stands poised to lead the charge towards a more resilient and inclusive future for blockchain technology.
The exchanges set to announce the exact timing of the MPC token listing on their respective platforms.
About Partisia Blockchain: Partisia Blockchain is the Web 3.0 public blockchain built for trust, transparency, privacy, and fast turnaround times. Its unique combination of advanced cryptographic techniques and distributed computing principles sets it apart. By leveraging secure multiparty computation (MPC), Partisia Blockchain ensures privacy preservation without sacrificing efficiency, speed or security. Each day since 1988, Partisia is paving the way for anyone to create blockchain solutions to solve real use cases and tomorrow’s challenges – for real people. Learn more: www.PartisiaBlockchain.com
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From forging strategic partnerships at ETHDenver to launching our highly anticipated 25 million $MPC AirDrop program, the shortest month of the year has been a whirlwind of excitement and growth for Partisia Blockchain. We solidified ties with Georgia’s Innovation and Technology Agency, ventured into new realms with TeraBlock and Verida through engaging AMAs, celebrated the ingenuity of our hackathon winners, and embarked on a mission to empower Rust developers with TinTinLand. With fast track grants, educational initiatives, and a thriving community, we are ready for even greater success ahead. Thanks to our incredible community for your unwavering support – let’s make Q1 unforgettable!
In early February 2024, Partisia Blockchain achieved a significant milestone in advancing innovation by solidifying ties with Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development. Partisia Blockchain will play a key role in shaping the minds of participants in GITA’s educational programs, contributing insights on MPC, homomorphic encryption and their integration with blockchain technology. This commitment to education reflects the shared vision of advancing technology while ensuring knowledge and understanding pave the way for a sustainable future.
ETHDenver was a platform for new partnerships, expanding our horizons and widening the reach of our unique technology. Trustswap, a provider of decentralized finance tools for token holders and Web3 businesses, is integrating Partisia Blockchain into their Crypto App, expanding MPC accessibility to 5 million users. Partisia Blockchain also partnered with Sierra Block Games, Web3 development, consulting and educational services organization, for validator services and adoption support. We will also collaborate with IoTex to realize the Decentralized Physical Infrastructure Network (DePIN), safeguarding users’ IoT data ownership and monetization while rewarding data use without exposing confidential details. Together, they aim to protect users’ private IoT data and enable its secure utilization.
We were thrilled to launch our first official AirDrop on 1 February, marking a significant milestone for ecosystem adoption. With the governance vote for MPC token transferability looming, this AirDrop underscored Partisia Blockchain’s vision. Boasting an impressive pool of 25 million $MPC tokens, it offered unparalleled opportunities for early adopters. The first tranche kick started ecosystem expansion. Participants gained firsthand experience with leading MPC and blockchain technology, secured the network, and explored innovative dApps. As we geared up for MPC token listing, this AirDrop invigorated the ecosystem.
We were thrilled to see our AirDrop program resonate strongly with the community, especially given the impressive growth in our ecosystem. Since its inception, our ecosystem has witnessed remarkable progress:
These statistics underscore the growing momentum and enthusiasm within our community, and we have you to thank. Detailed participation information can be found on our official AirDrop page.
We launched our fast track grants in February 2024. These grants are geared toward developers planning to build something smaller in nature, and does not have to be geared toward building a business. We will pursue developers who wish to contribute to the community by building examples, PoC, and tools. For more information about our Grants Program, click here.
On 14 February, we held the second AMA with the up and coming cross-chain decentralized exchange TeraBlock. This time around we invited TeraBlock’s Shivam Tandon, Founder and CEO, and Muhammad Ali, Chief Commercial Officer, to provide insights from a non-developer’s perspective, on why Terablock is a game changer for DeFi, powered by the Partisia Blockchain. On 22 February, we held a dual AMA with ecosystem partner Verida. Mathias Glintborg, our Head of Product, and Chris Were, CEO of Verida, both introduced the projects to each other’s community, its use cases and technological achievements. An excellent primer for both data on decentralized Identity for Web3 (Verida) as well as multiparty computation.
Our Building Privacy in Web3 Hackathon concluded with a bang. We announced six winners, all projects that showcase our unique capabilities. From random number generations to supply chain management to zero-knowledge games, developers came out to really showcase their talent and show us how our amazing technology can be used. We will be continuing to work with them to bring them into the mainstream.
Partisia Blockchain and TinTinLand are set to launch a learning program aimed at attracting more Rust developers to our ecosystem. Currently, only 22,000 out of 30 million global developers are engaged in Web3. The collaboration aims to scale the developer ecosystem and unlock the Chinese developer community, attract new Rust developers from China, organize hackathons, workshops, and developer meetups, and promote our Grants Program. Together, we hope to expand developer engagement and foster growth within our ecosystem, particularly in China.
Thanks again to our amazing community for your dedicated support, we look forward to an exciting end to Q1 next month.
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Last week, the Partisia Blockchain team journeyed to Georgia, a land rich in cultural heritage as the birthplace of wine and now at the forefront of blockchain innovation. Here is a short recap of our fruitful trip.
Last Thursday marked a milestone as Partisia Blockchain formalized its collaboration with the Georgian Innovation and Technology Agency (GITA) through the signing of a Memorandum of Understanding (MoU). This pivotal agreement with GITA under the Ministry of Economy and Sustainable Development sets the stage for collaborative efforts aimed at driving advancements in Web3 technology, both within Georgia and the wider Caucasus. By leveraging their combined expertise and resources, Partisia Blockchain and GITA will explore innovative solutions and applications of blockchain technology, fostering joint support for innovative projects, educational initiatives and frameworks for implementation. This collaboration signifies a commitment to shaping the digital transformation landscape, contributing to economic growth, innovation and societal development in Georgia and beyond.
Our team had the pleasure of meeting with members of the Georgian Web 3.0 community, where we showcased the transformative potential of Partisia Blockchain and multiparty computation (MPC) technology, our latest MOCCA solution and a range of other advantages of MPC. Additionally, we introduced our Grants Program aimed at fostering innovation in the Caucasus. In Tbilisi, we were treated to an exclusive demo of the Nova Miningverse video game, a tangible showcase of Partisia Blockchain’s capabilities. This was followed by an informal meeting with the team behind the game.
Last Friday began with a meeting with Razhden Kuprashvili, Head of the Georgian Anti-Corruption Bureau and his team at the Administration of the Government of Georgia. We discussed the potential of MPC and blockchain technology in combating corruption. Later, we exchanged ideas with entrepreneur Vako Turnava at the offices of his companies Sweeft and Skillwill. Conversations revolved around the various applications of MPC and privacy-enhancing technologies, emphasizing the importance of education and training.
This trip showcased the possibilities of blockchain technology and strengthened our commitment to driving positive change in Georgia and beyond. Stay tuned for updates as we continue to push the boundaries of innovation and collaboration in the world of Web 3.0.
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TBILISI, 8 FEBRUARY 2024. Today, Partisia Blockchain, a leader in privacy-preserving, interoperable and sustainable blockchain solutions, achieved a significant milestone in advancing innovation by solidifying ties with Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development. The signing of a Memorandum of Understanding in Tbilisi marks a pivotal moment in the ongoing efforts to promote innovation using multiparty computation (MPC) and blockchain technologies in Georgia.
The ceremony in the Caucasus nation’s capital follows the successful launch of Partisia Blockchain’s MPC On-Chain Custody Advanced solution (MOCCA) and discussions during the World Economic Forum in Davos about future endeavors with potential partners.
The signing ceremony in Tbilisi drew national state officials, Georgian blockchain industry players, students, Tbilisian press corps and the Partisia Blockchain delegation.
Brian Gallagher, Co-Founder of Partisia Blockchain, says:
“Today’s signing with GITA goes beyond paperwork. It signifies our commitment to driving innovation in Georgia and beyond. Our combined expertise in MPC and blockchain will bring new secure, transparent and decentralized solutions. This initiative exemplifies the power of combining expertise from the public and private sectors. Together, we will shape the future of blockchain technology, ensuring its responsible and widespread adoption.”
In this groundbreaking initiative, GITA and Partisia Blockchain are set to fuel innovation by working closely. GITA will provide crucial support for Partisia Blockchain’s involvement in Georgian blockchain and Web3 ecosystem. Simultaneously, Partisia Blockchain will lend its expertise to assess and contribute to projects in GITA programs, extending grants and technical support where needed.
Ensuring seamless communication, GITA will act as a bridge, fostering dialogue between Partisia Blockchain and various stakeholders, including the Georgian public and private sectors and academia.
Education is a cornerstone of this understanding. Partisia Blockchain will play a key role in shaping the minds of participants in GITA’s educational programs, contributing insights on MPC, homomorphic encryption and their integration with blockchain technology. This commitment to education reflects the shared vision of advancing technology while ensuring knowledge and understanding pave the way for a sustainable future.
Avtandil Kasradze, Chairperson of Georgia’s Innovation and Technology Agency, emphasized the significance of the understanding:
“GITA is excited to join forces with Partisia Blockchain. This understanding aligns with our mission to integrate cutting-edge technologies into various economic sectors, fostering innovation and ensuring a competitive edge for Georgia. By collaborating with industry leaders like Partisia Blockchain, GITA aims to propel Georgia to the forefront of technological innovation. We look forward to a fruitful understanding that will benefit our nation and the global technology community.”
Partisia Blockchain is committed to playing an active role in GITA’s initiatives, contributing meaningfully to the local and global blockchain conversation.
About Partisia Blockchain: Partisia Blockchain brings unparalleled opportunities by empowering privacy-preserving, interoperable and sustainable innovation for fairness and transparency. It fuels the most secure and efficient networks to solve global problems. Distilled with 35 years of rigorous research, Partisia Blockchain future-proofs solutions, solves tomorrow’s challenges by powering fair, secure, distribution of benefits. While preserving privacy and confidentiality, it brings accountable, transparent and decentralized governance. Learn more: www.PartisiaBlockchain.com
About Georgia’s Innovation and Technology Agency (GITA): Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development is dedicated to fostering innovation and technology. By prioritizing infrastructure development, opening technoparks and innovation centers, GITA aims to integrate cutting-edge technologies into all economic sectors. The state Agency focuses on increasing investment capital, engaging private businesses and enhancing research through effective processes. GITA’s commitment extends to widespread internet access, quality training, and incentives to drive innovation and technology development, ensuring a competitive edge. Learn more: www.gita.gov.ge
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Introducing Partisia Blockchain’s highly anticipated AirDrop program. We are thrilled to launch the Partisia Blockchain AirDrop program. It marks a significant milestone for ecosystem adoption. With the upcoming governance vote for the MPC token transferability just around the corner, this is a testament for the Partisia Blockchain’s vision. The program features an impressive pool size of 25 million MPC tokens. The program offers an unparalleled opportunity for the early adopters of the Partisia Blockchain.
The first tranche of the 25 million MPC token AirDrop program will kickstart the further expansion of our ecosystem.
As we prepare for the MPC token listing – outlined in the December 2023 update – this AirDrop program is designed to invigorate the ecosystem. For the début AirDrop tranche, we value continuous activity and contributions within the ecosystem. Detailed participation information is available on the official AirDrop program webpage.
In the last 12 months, the Partisia Blockchain ecosystem has rapidly grown. It attracts builders and innovators from various industries, and this is your chance to be rewarded for participating in the official launch. Innovators, such as MetaNames, are offering decentralized domain name services are prime examples. The deployment of these dApps to mainnet is a crucial step in fostering growth and creating a synergistic ecosystem. They empower and bring to life collaborations between dApps and broadening the scope of new use cases. As the AirDrop program takes place, more dApps will deploy on mainnet to chart an exciting AirDrop journey. We encourage participants to deploy their own contracts with the smart contract IDE, DApp playground.
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January marked a strong start to 2024 for Partisia Blockchain, featuring groundbreaking developments and strategic partnerships that define our dynamic journey for the year. Unveiling the revolutionary MPC On-Chain Custody Advanced (MOCCA) solution in Davos, we explored the transformative potential of MPC and delved into its pivotal role in reshaping the digital landscape. Engaging in impactful discussions during the World Economic Forum, we highlighted the importance of blockchain in rebuilding trust and announced collaborations with five innovative projects. Interviews with our thought leaders shed light on the evolving digital terrain, covering artificial intelligence discussions in Davos and the potential of Web3 and MPC. As we venture into February, exciting initiatives include the AirDrop program and a thriving Hackathon, accompanied by significant tech highlights, promising a month of continued innovation.
Partisia Blockchain introduced a revolutionary leap in decentralized custody solutions with the unveiling of MOCCA (MPC On-Chain Custody Advanced solution) in Davos during the World Economic Forum. MOCCA stands out for its decentralized and programmable multichain custody, offering enhanced security, compliance, and privacy. Backed by 35 years of MPC research, MOCCA addresses limitations of traditional smart contracts and centralization, providing institutions and organizations with genuine decentralization and flexibility in securing digital assets across multiple chains. Notable features include fully programmable custody smart contracts, blockchain-agnostic multichain functionality, and swift, cost-effective deployment directly on-chain.
Davos 2024 marked a week of unparalleled influence and innovation for Partisia Blockchain, solidifying its presence on Promenade during the World Economic Forum (WEF) for the second consecutive year. The launch of the MOCCA solution set a new industry standard, addressing infrastructure fortification, transparency, and expanded usability. Discussions in Davos focused on the pivotal role of blockchain in rebuilding trust, with an increased emphasis on regulatory landscapes, particularly Europe’s MiCA regulation and global supervisory actions. Brian Gallagher, Co-Founder of Partisia Blockchain, emphasized the importance of building decentralized trust networks, and discussions spanned cross-chain liquidity, Central Bank Digital Currencies (CBDCs), stablecoins, cybersecurity priorities, and identity management. We were proud to have Shirly Valge, Chief of Growth, participate in the first-ever Women in Web3 Global Summit, connecting with visionary women leaders. Beyond more than 40 engagements, fruitful meetings resulted in letters of intent, collaborations, and agreements, making Davos 2024 a landmark event shaping the future of blockchain through regulatory advancements and technological breakthroughs, highlighting the industry’s commitment to innovation and trust-building.
Kurt Nielsen explored the transformative potential of multiparty computation (MPC) for 2024 in a recent blog. Partisia Blockchain envisions MPC becoming fundamental for secure, collaborative digital interactions. Key highlights include mainstream integration across industries, with a focus on finance and healthcare for safeguarding sensitive data. MPC will revolutionize decentralized identity, enhance privacy in blockchain, offer quantum-ready solutions, and accelerate innovation in artificial intelligence and machine learning. Financial sectors and healthcare research will lead MPC adoption, while DeFi expands beyond blockchain, addressing edge computing security and driving standardization initiatives.
In recent press interviews, Partisia Blockchain’s thought leaders shared valuable insights into the rapidly evolving digital landscape. Shirly Valge engaged in an insightful conversation with CoinDesk in Davos, delving into discussions where AI took center stage. As our Chief of Growth, she provided a unique perspective on the dynamic landscape. Brian Gallagher, Co-Founder of Partisia Blockchain, explored the potential of Web3 and secure multiparty computation (MPC) in an interview with the Human and Machine Channel. The discussion centered around how MPC ensures data privacy in the ever-evolving digital realm.
This year’s first month has been a flurry of activities with new partnerships. And Davos was a perfect platform for partnerships. During the World Economic Forum, we announced new projects partnering with Partisia Blockchain.
February marks the launch of the Partisia Blockchain AirDrop program. With the upcoming governance vote for the MPC token transferability just around the corner, this is a testament for the Partisia Blockchain’s vision. The program features an impressive pool size of 25 million MPC tokens. The program offers an unparalleled opportunity for the early adopters of the Partisia Blockchain. The first tranche of the 25 million MPC token AirDrop program commencing on 1 February 2024 will kickstart the further expansion of our ecosystem. Our Hackathon is moving along well with close to one thousand participants. The end of the Hackathon is set for 13 February 2024, and judging to conclude by March. We are anticipating to see some great projects come out of it. And do not miss the Crypto Stalkers AMA this month. Tiago Serôdio is going to introduce the Crypto Stalkers community to Partisia Blockchain and will answer their questions.
The node operators voted in favor of onboarding USDT as a BYOC token. This now adds another stable token as a form of payment to the Partisia Blockchain network. Another proposal to expand the BYOC portfolio will be put forward this month. The node operators will be asked to vote for the inclusion of the wBTC token into the BYOC portfolio. Finally, the Partisia Blockchain team will be attending ETH Denver from 23 February until 3 March. The delegation will consist of key persons and look forward to meeting you in Colorado.
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For the second consecutive year, Partisia Blockchain took center stage in Davos during the World Economic Forum (WEF), marking a milestone with the largest delegation to date. Despite the cold weather, tight security and a packed agenda, our mission to promote Partisia Blockchain remained unwavering, leading to more than 45 engagements—spanning keynote addresses, panel discussions, industry sessions and speeches over five dynamic days.
A defining moment occurred in Davos with the launch of our MPC On-Chain Custody Advanced (MOCCA) solution. This decentralized, programmable, multichain custody solution set a new industry standard, addressing the pressing need for fortified infrastructure, transparency and expanded usability.
The WEF’s overarching theme, “Rebuilding trust”, framed numerous discussions on blockchain’s pivotal role in restoring trust. Our engagements with decision-makers consistently highlighted blockchain and other innovative technologies as essential tools in the pursuit of regaining trust.
Davos 2024 witnessed an increased focus on the regulatory landscape within the blockchain sphere. Discussions delved into Europe’s MiCA regulation and actions by global supervisory bodies. The consensus underscored the vital role of key infrastructure, exemplified by Partisia Blockchain, in strengthening security, privacy and transparency. This regulatory exploration unfolded amidst a surge of interest in decentralized finance (DeFi) and tokenization.
In DeFi, stakeholders explored its potential to rebuild trust through enhanced reliability. Conversations spanned liquidity, risk management and the disruptive impact on traditional finance, with trustless technology emerging as a viable solution. Tokenization, powered by blockchains like ours, took center stage, showcasing its transformative capacity to simplify securities issuance and provide irrefutable ownership through immutable records.
Trust, a pervasive theme in Davos, seamlessly aligned with Partisia Blockchain’s mission. Insights from Brian Gallagher, our Co-Founder, emphasized the importance of building decentralized trust networks. The regulatory imperative for managing risk across digital asset markets highlighted the collective responsibility required for a resilient and inclusive market environment. Technology’s role in enhancing transparency and mitigating risks showcased blockchain’s potential.
Brian Gallagher emphasized cross-chain liquidity’s necessity, pointing to the vital role of multichain solutions. Discussions on Central Bank Digital Currencies (CBDCs) and stablecoins explored their harmonious coexistence, delving into regulatory nuances, stability and trust. The week culminated with a focus on cybersecurity priorities, positioning blockchain’s collective responsibility as pivotal for a secure digital future.
Identity management as part of trust building was a key conversation in Davos. Shirly Valge, our Chief of Growth, participated in a panel on Web3 and digital identity, highlighting user data control and fraud prevention. The recurring theme of infrastructure underscored blockchain’s foundational role in shaping the evolving Web3 landscape. Security, a constant thread, scrutinized Bitcoin mining, digital identity and the Web3 venture landscape, emphasizing the need for technology to balance scalability, usability, interoperability and digital security.
Beyond engagements, the Partisia Blockchain delegation held fruitful meetings with potential partners, resulting in letters of intent, collaborations and agreements.
In retrospect, Davos 2024 stands as a landmark event, revealing transformative themes that will undoubtedly shape the future of blockchain. From regulatory advancements to technological breakthroughs, the week served as a testament to the industry’s commitment to innovation and trust-building.
Read our daily wraps here: 15 January 2024, 16 January 2024, 17 January 2024, 18 January 2024, 19 January 2024
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Welcome to our rundown of the final day at Davos! We have had a packed schedule this week during the World Economic Forum (WEF). Over the last four days we have attended more than 45 sessions and events, launched our very own MOCCA (MPC On-Chain Custody Advanced) solution at a keynote address, and participated in a panel on cross-chain liquidity.
Without further ado, here are today’s themes and highlights:
Our Chief of Growth, Shirly Valge, took the stage. This time she featured on a panel on Web3 and digital identity (dID)—a topic very close to our hearts. Panelists touched on user data control, fraud, and compatibility issues between various eID, dID and SSI systems. Shirly highlighted our recent eID minimum viable product (MVP) for the Swiss government, a decentralized self-sovereign identity solution that uses multiparty computation (MPC) on the blockchain to enable data privacy, security, and control. The panel also highlighted the growing need for self-sovereign identities and the necessity for the governments to ensure the utmost security of individuals’ private data.
A main thread throughout today and during the entirety of Davos has been infrastructure. The sentiment was that, fundamentally, there must be a focus on infrastructure if we want to make transacting easier, cheaper, and more efficient in the Metaverse or Web3. With blockchain as the “pipes” and smart contracts to help direct traffic we have technology that can potentially serve multiple user needs—which brings us to the next theme.
Security was prominent today and in most sessions throughout the week, whether implicitly or explicitly. Today, it was security in Bitcoin mining, digital identity, and in the Web3 venture landscape. As an essential part of trust, a key theme of WEF, the feeling in Davos was more of a question: how can technology facilitate trust? To that end, discussions, both in sessions and in person, focused on solutions that specifically balance scalability, usability, interoperability with digital security and privacy.
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Welcome to our rundown of the fourth day at Davos. We had another busy day filled with sessions and meetings. Below are the main themes and highlights for this penultimate day:
Cross-chain liquidity is essential for the efficient functioning of digital assets and decentralized finance (DeFi) markets. Partisia Blockchain Co-Founder Brian Gallagher spoke about the necessity of multichain solutions, like our just-yesterday-released MOCCA (MPC On-Chain Custody Advanced) solution. This is a programmable, decentralized, multichain custody solution that makes custody of digital assets significantly easier. Here, as was discussed on the panel, it is important that users be able to bridge assets on their preferred blockchains, making blockchain agnostic products key. The panelists also discussed important topics like AML, regulation, and protocol interoperability. What stood out was that regulators worldwide are adapting to the realities of DeFi and revisiting existing legislations to facilitate the adoption of new class of assets.
CBDCs and stablecoins have been a key part of discussions around cryptocurrencies over the past year, both positive and negative. Yet, as many nations have already launched or are planning to roll out CBDC pilots and the world is entertaining cashless societies, how CBDCs and stablecoins can co-exist alongside one other to increase financial inclusion needs to be considered. The panel on these two items was sweeping, considering regulation, stability, trust, and even collaboration between stablecoins and CBDCs. A certain fact is that more central banks will pilot CBDCs in the coming years.
One of the threads throughout the World Economic Forum (WEF) has been trust, and related security. Today, we attended WEF’s session on navigating cybersecurity. Something particularly important is that, according to WEF, 43% of organizational leaders estimate that in the next two years they will experience a damaging cyber-attack. The sentiment in this session was that cybersecurity is a collective responsibility and blockchain technology has a greater role to play.
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