About half of the estimated 500 companies attending the 2023 annual World Economic Forum (WEF) event in Davos, Switzerland, are technology companies and startups. You see them stretching out over the Promenade – the main street running through the city center where all the action happens. The showcases are demoing products and services in blockchain technology, artificial intelligence (AI), virtual reality (VR), robotics, 3D printing and the Internet of Things (IoT), offering a taste of the latest and greatest to come.
One of the most notable topics being discussed – on panels, at events, over live broadcast – is the future of money. Of course, when talking about the future of money you must also mention crypto. The conversations I’ve overheard or been a part of, so far, have concerned the pragmatic (using blockchain for traceability), the political (using blockchain for anti-corruption), the futuristic (decentralized finance and the metaverse) and the hopeful (incentivizing climate action through Web3).
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