World Economic Forum (@wef) artwork

New Twitter Mentions for World Economic Forum

@wef

Mentions: 29 - Followers: 4,048,053

The international organization for public private cooperation. #wef22

CoinDesk Reports artwork
@wef was mentioned in MONEY REIMAGINED: Understanding China's Fast-Approaching Digital Yuan Information Understanding China's Fast-Approaching Digital Yuan In the lore of digital disruption, Eastman Kodak Co.'s downfall is particularly momentous. Kodak was once one of the world's most powerful companies. But it failed to act on digital cameras and online photo sharing, despite seeing the trends years before. (Kodak engineer Steve Sasson created the first digital camera in 1975.) It's an apt story to remember now as the digital money revolution rolls ahead at a time of momentous political transition. On this episode of CoinDesk's Money Reimagined, join Jen Zhu Scott, Executive Chairman of The Commons Project, Tanvi Ratna, CEO of Policy 4.0, along with hosts Michael J. Casey and Sheila Warren of the World Economic Forum for this deep-dive into the potential of, and thought behind China's forthcoming DCEP, better known as the digital yuan. With DCEP, China’s supply chains will become hyper-efficient, giving it a big advantage over other countries’ production sectors. And as those models extend into China’s international One Belt One Road initiative, foreign dependency on its production processes could grow, giving Beijing geopolitical clout. Out of this, China will forge financial autonomy. Its digital currency will eventually be interoperable with other tokens and blockchains, allowing its businesses and their foreign trading partners to move money across borders without using dollars as an intermediary. They’ll bypass New York, in other words.
CoinDesk Reports