Chainlink, MakerDAO Honored as World Economic Forum ‘Tech Pioneers’

Published at: June 16, 2020

The World Economic Forum (WEF) has recognized seven blockchain firms on its list of 100 ‘early to growth-stage’ companies as Technology Pioneers for 2020.

According to the WEF’s website, the blockchain and crypto startups recognized for pioneering new technologies and innovations in 2020 are Lightning Labs, Chainlink, MakerDAO, Bitcoin analytics firms Elliptic, Taiwanese digital property rights startup Bitmark, Latin America-based cryptocurrency startup Ripio, and Veridium Labs.

They’re among 100 companies from around the world chosen for their contributions to bleeding edge technology, from “artificial intelligence to diagnose cancers and quantum computing systems, to carbon capture and removing technologies, cell-grown meat production and use of microbiome to track goods”.

Honored to be chosen as a Technology Pioneer by @wef! https://t.co/klPNuBpnre

— Maker (@MakerDAO) June 16, 2020

“By joining this community, Technology Pioneers begin a two-year journey where they are part of the World Economic Forum’s initiatives, activities and events, bringing their cutting-edge insight and fresh thinking to critical global discussions,” the WEF website said. 

Chainlink's co-founder Sergey Nazarov said the company was thrilled by the honor.

"Using smart contracts on the blockchain to bring enforceable guarantees to contractual obligations has widespread social and economic benefits. We're proud to play a role in bringing accountability and automation to global and local economies, and we look forward to contributing to Forum dialogues on this challenge."

Blockchain pioneer named in 2016

Since 2000, the WEF has selected prominent and upcoming tech companies to be Technology Pioneers. Traditional companies like Mozilla, Spotify, Twitter, Google have made the list, but recently blockchain firms have started to be recognized more often.

In 2015, Ripple was named as a WEF Technology Pioneer. The forum also recognized Blockchain (the company) in 2016, for its role in empowering millions to authenticate and conduct transactions across the globe.

Tags
Bitcoin
Business
World Economic Forum
Related Posts
Why Interoperability Is the Key to Future Innovation and Adoption
For years, tribalism has plagued the blockchain industry. Developers align to specific consensus protocols and defend technologies that use them, regardless of their limitations. These deeply rooted divisions are slowing the innovation needed to scale blockchain for future adoption. The enterprise market is only beginning to understand the promise of blockchain, and that promise will be difficult to achieve until blockchains can communicate and cooperate with each other. To achieve this, developers, companies and hobbyists alike must be able to leverage every platform without being locked into one simply because the platform developers are not working together. Blockchain can bring …
Technology / July 23, 2020
WEF 2022, May 24: Latest updates from the Cointelegraph Davos team
Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top). The first in-person World Economic Forum event since the COVID-19 pandemic started continues to bridge traditional finance with the future of money on its third day. The Cointelegraph team — including editor-in-chief Kristina L. Corner, head of video Jackson DuMont and news reporter Joseph Hall — is deployed on the ground in Davos, Switzerland, where the event is held, to track the most recent developments from WEF 2022. Check out …
Adoption / May 24, 2022
‘CBDCs are the natural evolution,’ says HyperLedger director Barbosa
For Daniela Barbosa — general manager of blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger — digital currencies and cryptocurrencies have made it among the big banks at the World Economic Forum in Davos. In an interview with Cointelegraph shot against the backdrop of the Swiss Alps, Barbosa explained that in the few years she has attended the WEF, the presence of cryptocurrency companies has steadily grown. What's more, we should not be afraid of central bank digital currencies (CBDCs). “CBDCs are [a]natural evolution of digital dollars and digital currencies.” While the WEF saw calls …
Adoption / June 6, 2022
Tether is an ‘instrument of freedom’ and 'Bitcoin onramp,’ says Tether CTO
On a sun-splashed day in the Swiss Alps, the chief technology officer of Bitfinex and Tether, Paolo Ardoino, shed light on the Plan B Lugano strategy, Tether as an onramp into Bitcoin (BTC) and —crucially — his favorite pizza toppings. Fresh off the plane from Norway, where Ardoino attended an increasingly Bitcoiner-friendly event, the Oslo Freedom Forum, the Italian explained that, in contrast to the WEF,there was no “shilling” in Norway. Tether was invited to speak at the Oslo Freedom Forum as the stablecoin is increasingly considered an “instrument of freedom.” Tether has been adopted by the Myanmar government while …
Adoption / June 9, 2022
Crypto technology will shift towards 'steadier hands' in 2023: Circle CSO
Circle's chief strategy officer and head of global policy, Dante Disparte, believes that the turmoil in the crypto sector over the last year could mark the handover of crypto technology to more durable companies and "steadier hands" in 2023. In a Jan. 2 post for The World Economic Forum (WEF), Disparte highlighted the growing use of crypto in the financial services sector and opined that the ongoing bear market and exchange collapses may ultimately be a boon for the industry, paving the way for "responsible, always-on internet finance." "Just as it took the dot-com bubble bursting in the early 2000s …
Adoption / Jan. 3, 2023