OECD Blockchain Policy Forum: Day 1 Highlights

What are the benefits and risks of blockchain for our economies and societies?

History was being made in Paris this week, as the OECD has opened its headquarters to gather over 1,000 senior decision-makers from the public and private sectors, experts, academics and other stakeholders from 70 countries to discuss the benefits and risks of blockchain for our economies and societies.

From left, Shyft advisor Loretta Joseph, the prime ministers of Serbia, and Shyft chairman Joseph Weinberg, at the OECD Blockchain Policy Forum in Paris, on September 4, 2018.

Joseph Weinberg, chairman of Shyft, as well as Shyft advisors Loretta Joseph, Dr. Jane Thomason, and Lord Desai presented at the forum in front of the senior policy and decision makers, including OECD Secretary-General Angel Gurría, the prime ministers of Serbia, Bermuda and the Republic of Mauritius and the State Secretary of Slovenia.

What was discussed on Day 1?

The full agenda for the event is here, and the Shyft-sponsored event livestream kept everyone interested in the topics being discussed glued to the screens all day today, and will be back up and running all day tomorrow.

For those interested in specific topics from Day 1, the full recording of main sessions is available here: https://ocde.streamakaci.com/blockchain/, and the opening remarks by Angel Gurría, OECD Secretary-General can be found here: http://www.oecd.org/about/secretary-general/high-level-panel-blockchain-for-better-policies-paris-september-2018.htm

Shyfting with the OECD

Shyft chairman Joseph Weinberg delivered an address on the future of privacy and identity. Watch the full speech here!

Why the OECD Blockchain Forum matters

As the OECD put in its event agenda, blockchain and its underlying distributed ledger technology (DLT) have the potential to fundamentally transform a wide range of industries and markets. Blockchain’s features can increase transparency and traceability, help to secure trust between parties, facilitate market access and improve the efficiency of transactions.

National governments, regulators and international standard setters will play a significant role in shaping blockchain innovation through the domestic and global policy environment. The OECD Blockchain Policy Forum is the first major international conference to take stock of blockchain’s impacts across the full range of government activities and public priorities. OECD also put together a helpful Blockchain Primer for everyone in the room to have a common frame of reference, as the language and terminology to describe blockchain is still being developed.

The Forum addresses the benefits and risks of blockchain for our economies and societies, with the goal to begin identifying good policy and regulatory approaches, and investigating uses in specific policy areas, such as:

  • Blockchain’s potential global economic impact
  • Implications on privacy and cybersecurity
  • Using blockchain to enhance inclusiveness
  • Using blockchain to promote green growth and sustainability
  • Using blockchain to strengthen governance and enforcement practices

Day 1 of this historic event has been a huge success

Those following the event online through livestream or #OECDblockchain and #goingdigital hashtags have witnessed the depth of the discussions and the enthusiasm on all sides of the spectrum for closer collaboration and for developing common language to discuss challenges and opportunities blockchain represents. Some event highlights:

And that’s a wrap for the eventful Day 1 of the OECD Blockchain Policy Forum! Please tune into the event livestream brought to you by Shyft Network, for Day 2: http://www.oecd.org/finance/oecd-blockchain-policy-forum-2018.htm

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Shyft is building the world’s first modern, secure, multi-stakeholder Blockchain-based trust network that enables KYC/AML attested data transfers. Join our Telegram (https://t.me/shyftnetwork), follow us on Twitter (https://twitter.com/shyftnetwork), GitHub (https://github.com/ShyftNetwork) and other channels found on https://www.shyft.network

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