Crypto to Head to Davos – Trustnodes

A new year is nearly here with cold and snow covering much of Europe this crypto winter, but the show goes on with the agenda for Blockchain Hub Davos 2023 unveiled.

Coinbase will be there, we’re told. Skybridge Capital. Someone from Bitcoin Suisse. And interestingly Amazon has decided to send a representative for their Managed Blockchain business.

“Blockchain is at an important inflection point,” said Mrinal Manohar, CEO and co-founder at CasperLabs which is organizing the hub. “Even amid a turbulent market, more organizations than ever are embracing the vast potential of this transformative technology and relying on blockchain-powered solutions to drive new efficiencies.”

The crypto industry is coming out of another clearing up cycle while the world more widely is starting to at least speculate that we might be seeing the beginning of the end of inflation.

That’s while war continues to rage in Europe’s periphery, and yet in tandem we are seeing a burst in innovation with IoT, or smart machines, starting to take off.

The breakthrough in fusion just adds more to an atmosphere were science and tech marches on with little robots now delivering our pizzas, and yet global peace continues to slip through our fingers.

This year, however bad it has been for all investors and for peace, has nonetheless seen Kazakhstan go free and Iran on the cusp of such freedom.

Joe Biden is now the leader of the world, and very clearly so, with all major dictatorships in trouble currently as even China sees small protests amid an economic crisis.

And yet crypto is what the rich are thinking about. Young millennials now rate it as their top asset. Family offices want it.

Only apt it will debut again at this first gathering in three years of the globe’s movers and shakers.

In contrast to 2019, they will meet in a calmer period socially in the West, with a more clear direction, and perhaps even with some new confidence as liberalism ascertains itself once again and the focus of the public turns to growth and innovation.

It will be the task of such meetings to deliver on this growth, with grim data showing investment in research and development is a third lower than four decades ago in real terms.

As a new generation starts slowly taking charge, that data will hopefully start moving in the right direction, with this burst in innovation showing clearly that the framework of the enlightenment continues to deliver and indeed to transform our world.