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World Economic Forum 2022: Blockchain and crypto at the forefront in Davos

 


After a two-year break, the World Economic Forum (WEF) will be held in Switzerland again for the first time from May 22 to May 26 to discuss the current situation in the global economy.


The annual event was actually planned for January, but due to the increasing number of infections in winter 2021, the meeting was quickly moved to digital space .


The trend-setting event is now taking place again under "normal" conditions for the first time, with almost 300 government members from all over the world expected to gather to exchange ideas with hundreds of entrepreneurs and officials. It is above all leading figures from business and politics who are invited, because among the government representatives alone there are 50 heads of state, while on the entrepreneurial side there are managing directors and top managers from industry leaders from all sectors.


The forum not only takes stock of the current global economic situation, but also formulates concrete measures to solve problems for the present and the future. After the corona crisis and in the midst of the Ukraine conflict and the global economy that has been badly hit by it, this year's meeting is probably more important than ever before.


WEF 2022: Directional World Economic Forum

The motto of the World Economic Forum 2022 (WEF) this year is “Working Together, Restoring Trust”, with the focus clearly being on cooperation and restoring mutual trust.


There are several important topics on the agenda that cover a wide range of issues, including for example:


Economic recovery after the pandemic


combating climate change


A better future for the job market


Shaping a stakeholder-oriented capitalism


Blockchain and digitization will also play a role in these topics at the World Economic Forum, with a variety of different possible applications being discussed, ranging from Decentralized Financial Services (DeFi) to using blockchain technology to fight world hunger. The Cointelegraph editorial team will therefore also be on site in Switzerland to report on all important developments in crypto and blockchain.


Blockchain and crypto are also on the agenda

Among other things, the Female Quotient project, which works towards equality, will give the go-ahead for its own presence in the Metaverse at the WEF. In addition to the so-called Equality Lounge, which is held directly at the forum, the project is also holding a Twin Lounge in Decentraland ( MANA ) in order to be able to involve virtual participants.


In addition, important industry heads such as FTX founder Sam Bankman-Fried are represented, who will speak on the topic of sustainability when mining Bitcoin. The corresponding lecture is planned for Tuesday, May 24th, after which other guests from the crypto industry will speak about the conflict of goals between the mining of crypto currencies and the resulting environmental pollution.


The role of decentralized financial services is also addressed. In this context, it should be explored how important centralization is for decision-making processes and whether DeFi projects might even get along without regulation. The corresponding panel discussion is also scheduled for Tuesday.


Which technology will be crucial for the Fourth Industrial Revolution? This question will be addressed at the Fourth Industrial Revolution Lunch , which will be attended by several experts from various innovative technologies.


Davos Blockchain

In addition to the World Economic Forum, the Swiss city of Davos is also the venue of the 5th Annual Blockchain Central Davos in the same period . Leading figures from crypto, blockchain and politics are also expected at this parallel conference to discuss future developments in the field of decentralized technologies.


Casper Labs and CV Labs are presenting the Blockchain Hub Davos 2022 from Monday to Wednesday , which is intended to cover all possible areas of application for blockchain technology and, above all, also serves as a platform for networking within the industry.


Meanwhile, the RollApp.store is hosting a special event on the topic of Non-Fungible Tokens (NFT), with a special focus on the much-hyped asset class for digital art.


At the Davos Blockchain Conference, participants will exchange views on a wide range of possible applications of blockchain technology and explore how they can drive the Fourth Industrial Revolution forward. The goal is not just the mere exchange of ideas, but also the establishment of contacts.

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