Developing Digital Approaches To Trade Finance - International Law mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
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Transformations in production and connectivity are defining the ongoing fourth industrial revolution (4IR). But it is also defined by emerging trends in the decentralisation of financial transactions. The former are products of advances in artificial intelligence (AI) and machine learning (ML), 3D printing (additive manufacturing), 5G networks, and the Internet of Things (IoT). The latter is due to blockchain technology, which has come into mainstream attention in the past decade. Blockchain technology – perhaps known best in its cryptocurrency incarnation – is a system of recording information that allows for its storage and unchangeability. This system, also known as the decentralised ledger, is therefore useful in peer-to-peer payment, hence its application in cryptocurrencies such as Bitcoin, Ethereum, and hundreds of others that have come into the fore in the past several years. It has also gained traction as a method of ensuring the integrity of ballots in elections.
Media Advisory - The Good Trade Summit intracen.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from intracen.org Daily Mail and Mail on Sunday newspapers.
Place/Date: - March 2nd, 2021 at 10:04 pm UTC · 2 min read Contact: NexChange,
Source: NexChange Group
A nearly week-long premiere virtual event will feature industry leaders discussing the most exciting use cases of blockchain application in fintech, healthtech, investment banking, supply chain etc., as well as strengthen links between China’s own Greater Bay Area and other countries.
GBA Blockchain Week 2021 will kick off on March 29th, with core Virtual Summit happening on the 30th and 31st. Exclusive content will be streamed globally and in China.
With Bitcoin price hitting all-time highs, one of the main points on the agenda is a high renewed crypto market interest, especially from institutions. During lively discussions, experts will also explore smart regulation, DeFi, NFT’s, public blockchain networks, investment strategies, blockchain governance, as well as fintech bridges from GBA to various regions, connecting the East and the West.
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Digital Payments, E-Commerce, Cloud, 5G, AI, Machine Learning, Blockchain Considered Most Transformative Technologies for Enhancing Global Trade: Report
Di Dai from the
World Economic Forum (WEF), a Switzerland-based international NGO that’s “committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas,” confirms that the Coronavirus crisis has accelerated the adoption of digital technologies and services.
According to Dai, digital technology integration and usage across different platforms has kept global trade flowing even as the movement of individuals has been restricted due to COVID-19 and related lockdown measures. She notes that from (internet-of-things) IoT based apps to digital payments, technologies are transforming the trade ecosystem.