Notes From WEF: Oil-Producing Nations Want Dollar Alternatives, Just Not Bitcoin – CoinDesk

DAVOS, Switzerland – Most Middle Eastern elites at the World Economic Forum are highly skeptical of bitcoin, but there are whispers about its potential for cross-border settlements in the energy sector.  According to Egyptian businessman M. Shafik Gabr, chairman of the ARTOC Group for Investment & Development, some Middle Eastern nations are already exploring the […]

Continue Reading

Notes From the WEF: The Coming Battle Between Surveilled and Private Money – CoinDesk

DAVOS, Switzerland — When the world’s leading bankers and policymakers gathered this week at the 50th annual meeting of the World Economic Forum in Davos, their interest in blockchain technology was resoundingly clear. “The number one use case of blockchain technology promoted by the government is data sharing,” Zhang Jiachen, CEO of the startup Guangzhishu Technology, […]

Continue Reading