The bi-annual World Investment Forum, which will be held from October 22-26, 2018 at the Palais des Nations – United Nations Headquarters in Geneva, is the top global gathering of trade and investment policy makers and their stakeholders. We expect 6,000+ participants to attend the World Investment Forum, and Room XIX at the Palais des Nations can seat 940 individuals.
Why Should You Attend This Session at the World Investment Forum?
Blockchains for Sustainable Development will be one of the very few blockchain-focused events this year that will have heads of state and senior government officials from around the world attending. Many of the world’s top companies working to apply these technologies to the functions of government, the economy and trade will be attending. Unlike other blockchain conferences which are focused on the choir of those in favour, this session will take a broader perspective on the implications of these technologies, in the presence of those who will shape this sector as political leaders, regulators, public service providers, investors and philanthropists. This is therefore an unprecedented opportunity to focus knowledge gathering and networking for real progress. And, unlike others, this session is free to attend.
Blockchain technologies may have a profound impact on development-oriented investment, not only by revolutionizing global payment systems but also through improvements to access to finance, supply chain management, digital identities or land registries (through decentralized applications). This impact goes beyond traditional financial services and business processes and extends to other industries important for the SDGs, such as agriculture, healthcare and transportation. Organized with the Institute for Leadership and Sustainability (IFLAS), University of Cumbria, the event will seek to develop ideas on how to increase the positive impact and minimize the negative effects of blockchain technologies on investment for development.
Why Discuss Blockchain Technologies at the World Investment Forum?
Blockchain technologies, or distributed ledger technologies (DLT), have developed rapidly over the past few years. Starting in 2009 with Bitcoin, a decentralized digital currency (cryptocurrency), the technology has developed beyond a global payments system and started to also impact other areas, such as access to finance, supply chain management, digital identities, land registries or aid, through decentralized applications (dApps). Blockchain technologies may provide traditional financial services and business processes at much lower cost and with greater speed, security and transparency. Some traditional financial institutions are already starting to apply the technology to their business processes, but also other industries, such as agriculture, health care and transportation, are moving quickly toward trialing blockchain projects.
As blockchains might transform (and possibly disrupt) different industries, it presents both risks and opportunities to businesses, consumers and governments, and consequently new challenges for policymakers and regulators. Particular issues are raised by the expansion of blockchain-based cryptocurrencies or digital tokens. This session will feature presentations from both sides of the debate. It will provide an overview of key blockchain applications, with a special focus on implications for sustainable development and operations of multinational enterprises (MNEs). Given the diversity of changes these technologies are bringing about, there is also a diversity of government policy responses, from agnostic to positive and negative, which will also be part of the discussions during this session.
As changes are happening rapidly, both traditional industries and governments have so far been slow to adapt to the changing landscape. This comprehensive session will bring about a better understanding of blockchain technologies and their potential development implications. It will be of great value to all investment stakeholders, including policymakers, business leaders and civil society, in providing a high-level overview of the main developments in this field and allowing for an open and inclusive debate on the future of blockchains for sustainable development.
Issues for discussion:
This conference will therefore be your best opportunity meet the key high-level policy makers and stakeholders from around the world, who will be attending the World Investment Forum at the same time.
Organized by the Institute for Leadership and Sustainability (IFLAS) at the University of Cumbria.
IFLAS thanks Blockchain Charity Foundation and the Made In Africa Initiative for supporting our work.
Thanks also to Pundi X for assistance provided.