Central Banks in the Age of Blockchain
SummaryMany global central banks are independently exploring distributed ledger technology for use within their financial systems. The Forum’s shared platform streamlines and enhances the...
Ensuring equity, interoperability, transparency and trust in the governance of distributed ledger technology – and accelerating the necessary changes for this technology to reach its full potential.
Blockchain, an early-stage technology enabling the decentralized and secure storage and transfer of information, could become a powerful tool for tracking and transactions that can minimize friction, reduce corruption, increase trust and empower users. While still nascent, cryptocurrencies built on distributed ledger technologies (DLT) have emerged as potential gateways to new wealth creation and disrupters across financial markets. Other revolutionary use cases are being explored in almost every sector, ranging from energy and shipping to media. DLT has the potential to transform entire systems, but it also faces challenges, including lack of interoperability, security threats, centralization of power and unwillingness to experiment due to recent overhype.
A systemic and inclusive approach to this technology can help ensure that everyone – from the most marginalized members of society to the most powerful – benefits from its transformative potential.
Our Platform works with Partners and Members to advance a systemic and inclusive approach to governing DLT, to ensure that everyone can benefit from this powerful technology.
SummaryMany global central banks are independently exploring distributed ledger technology for use within their financial systems. The Forum’s shared platform streamlines and enhances the...
The ChallengeBlockchain has the potential to revolutionize sectors and ecosystems in which trust is needed among parties with misaligned interests. It is precisely within these contexts, ...
The ChallengeThe costs to society of government corruption and low accountability are staggering. Countries on every continent struggle with entrenched corruption and opaque government pr...
The World Economic Forum’s Central Bank Digital Currency (CBDC) Policy‑Maker Toolkit seeks to address the need for a concise CBDC decision guide that provides comprehensive and risk‑aware...
This paper offers real-world insights from the UAE blockchain ecosystem to provide decisionmakers with the awareness of challenges and success factors they may face during blockchain impl...
As organizations are experimenting with blockchain and distributed ledger technologies to increase efficiency, it is important to understand the security implications. This white paper ex...
The deployment of blockchain and other distributed ledger technologies in supply chains offers considerable advantages. Nevertheless, their deployment and implementation can raise concern...
For supply chain organizations launching new blockchain projects, one of the most fraught considerations typically is whether to use a public or private ledger and what permission models....
This practical framework helps organizations identify the value of blockchain technology and build a corresponding business case. Co-designed with Accenture, the Blockchain Value Framewor...
Global supply chains involve numerous organizations and transactions and are becoming increasingly digital. At the core of each of these digital transactions are trust-based interactions ...
Distributed ledger and blockchain technology promise to have far-reaching implications for global trade and supply chains. However, the extent to which this new technology realizes its po...
Central banks from dozens of countries around the world are actively researching how blockchain and distributed ledger technology can be applied to solve long-standing challenges. However...
This common sense and practical framework is designed to assist executives in understanding whether blockchain is an appropriate and helpful tool for their business needs. It starts from ...
