The Global Blockchain Business Council Returns to the Blockchain Summit

George Kikvadze
Jun 11 · 3 min read

It began as an after-dinner conversation, in the summer of 2016, among a few guests at our Blockchain Summit on Sir Richard Branson’s Necker Island: Let’s build a global organization that gives a strong voice to businesses that are interested in blockchain technology — a group that will raise awareness, understanding and appreciation of blockchain among regulators, policymakers and other change-makers around the world.

A few months later, in January 2017, we turned talk into action, launching the Global Blockchain Business Council (the “GBBC”) during the World Economic Forum in Davos. In the two and a half years since its launch, the GBBC has grown into a global powerhouse, representing business leaders in more than 50 countries who share the goal of expanding the blockchain ecosystem and achieving mainstream adoption of the technology.

In Davos 2017 and 2018, the GBBC curated critical conversations with heads of state, regulators and corporate leaders — establishing itself as the chief convener of blockchain thought leaders.

And later this month, just three years after that after-dinner chat, I’m proud to say that the GBBC is returning to Necker Island as a full partner in the Blockchain Summit. Together with ACTAI and Bitfury, the GBBC will welcome guests from around the world for a four-day summit focused on identifying creative new ways to harness blockchain technology to improve the systems and services that people around the world use every day.

Many GBBC members have previously been guests at the summit; this year we are honored to welcome them as full partners.

GBBC CEO Sandra Ro with Sir Richard Branson at the 2017 Blockchain Summit

“The changes in the ecosystem over the last three years have been remarkable; it has been the GBBC’s privilege to grow up and lead during this evolution,” said GBBC CEO Sandra Ro. “We are grateful for the global, cross-industry perspective it has provided us. Galvanized by that perspective, the incredible work of our members, innovators, thoughtful regulators and industry leaders, we are more bullish than ever about our capacity to work together to make the world a more equitable and functional society through thoughtful deployment of this technology. It is with this spirit of creative collaboration that we return to Necker this year — ready to do the hard work needed to move blockchain further toward global adoption.”

In conjunction with the Necker Summit, the inaugural GBBC Leadership Summit will convene, including GBBC Board and Leadership members, to develop and outline three major actionable projects to be announced in 2020.

Blockchain’s potential is enormous, but its full realization and adoption is not guaranteed. Because of that undeniable reality, the GBBC’s mission as a global convener and educator is vital, said GBBC Chair Tomicah Tillemann in the council’s 2019 annual report. “As actors across the world attempt to construct societies’ next great edifices, effective access to substantive information across countries and continents will be key to facilitating impactful and responsible innovation for all.”

There’s still a lot of work to do, of course. But the GBBC has come a very long way, in a very short period of time. They’ll achieve much in the near future — and we’ll be supporting them every step of the way.

Several GBBC members at the 2017 Blockchain Summit

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George Kikvadze

Written by

@BitfuryGroup | @Wharton | @SAISHopkins | @YPO | @BlockChainSum | @GBBCouncil | @BlockchainTA | @ExonumPlatform | @Emercoin_press | @Hut8Mining

Meet Bitfury

Learn more about Bitfury, the leading full-service blockchain technology company.