World Economic Forum Selects Elastos Foundation for Global Innovators Community

Thursday 19 November 2020, 1:19 AM AEST - 6 days ago

World Economic Forum

SINGAPORE, November 18, 2020 — The Elastos Foundation, a non-profit organization building a blockchain-powered, decentralized internet for the modern era, has been selected to become part of the World Economic Forums (WEF) Global Innovators Community.

The Global Innovators Community is a highly selective group of the worlds most promising ventures who stand at the forefront of technological and business model innovation. The community is carefully curated to gather a range of cutting-edge technologies and pioneering business models that lend themselves to one or more of the critical 18 Platforms laid out by the World Economic Forum. Elastos joins other elite projects like ConsenSys and Hedera as Global Innovators representing the blockchain industry.

The Elastos Foundation will initially join 2 WEF Platforms: Shaping the Future of Technology Governance: Blockchain and Digital Assets, and Shaping the Future of Technology Governance: Data Policy.

The WEFs platform for Shaping the Future of Technology Governance: Blockchain and Digital Assets aims to realize equity, interoperability, transparency, and trust in the governance of distributed ledger technologies, and to establish the proper conditions to accelerate technological development. On this Platform, the Elastos Foundation joins elite commercial partners Accenture, Deloitte, Microsoft, and Mastercard, as well as the World Bank. The Elastos Foundation also has plans to join a working group on Digital Identity that begins in Q1 of 2021, where Global Technical Lead Donald Bullers will manage a team on behalf of Elastos.

The second Platform, Shaping the Future of Technology Governance: Data Policy, aims to co-design, pilot, and scale forward-looking, interoperable, and trustworthy data policies to fuel innovation and ensure responsible data aggregation and usage for the Fourth Industrial Revolution. Elastos Founder Rong Chen will represent the project on the Data ...

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