Crypto News Bulletin

Saturday February 23, 2019 6:50 PM
8 hours 42 minutes ago

World Economic Forum's Sheila Warren: Smart Contracts Won't 'Upend Legal Sector'

Sheila Warren, the head of blockchain and distributed ledger technology (DLT) efforts at the World Economic Forum (WEF), a Switzerland-based non-profit organization “committed to improving the state of the world”, recently shared her views and insights with CryptoGlobe regarding central bank digital currencies (CBDCs). Warren, a Harvard law school graduate, said that the WEF “believes there is a use case for CBDCs.” She remarked: “We are actively tracking CBDC experiments worldwide. We have painstakingly created a trusted community of (approximately) 40 central banks from [throughout the world], including frontier and G7 economies, that are sharing learnings and findings, and we will be shortly be issuing a whitepaper related to this work.