WEF report calls for global standards on blockchain


According to the World Economic Forum (WEF), the world should embrace blockchain and work towards designing global standards to govern its use.

The WEF published its first comprehensive report on the new technology at its biannual meeting on June 28, held in Dalian, China.

The report analyses how a distributed blockchain network could be integrated into the global economy, evaluating what steps should be taken to make sure it is a safe addition to the global financial infrastructure.


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