The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. LCX joined the WEF’s Centre For Fourth Industrial Revolution as a member. Furthermore in 2019 LC’s management team engaged in several closed-door WEF workshops on “Central Banks in the Age of Blockchain Technology”, e.g. held at Singapore and at OECD headquarters in Paris, with attendance of senior executives of more than 20 central banks. The goal of this work was to co-design frameworks for new Blockchain and DLT use-cases that may address challenges such as international inter-bank settlements; digital currency regulation; central-bank issued digital currency (“CBDC”) for domestic citizens; and Know Your Customer (KYC) as well as Anti-Money Laundering implications.
LCX joins World Economic Forum (WEF) Centre for the Fourth Industrial Revolution
