Friday, February 22, 2019

LCX Joins World Economic Forum (WEF) Centre for the Fourth Industrial Revolution

BWW News Desk
January 15, 2019

LCX has become a member at the Centre for the Fourth Industrial Revolution of the World Economic Forum and joins a select group of global companies closely aligned with the forums commitment to improving the state of the world pblockquotep idpullquotepblockquote p The World Economic Forum WEF is an independent international organization recognized for bringing together leaders and policymakers from business politics and the academe to discuss the worlds most pressing economic challenges The WEF Centre for the Fourth Industrial Revolution is dedicated to driving positive change through accelerating the benefits of science and technology In particular the Centre has identified a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwweforumorg2Fcentreforthefourthindustrialrevolution2Fareasoffocusampesheet51925880ampnewsitemid20190115005477amplanenUSampanchorninecoretechnologiesampindex1ampmd5a61ac6a3eeb2d81217bb9bc96b347546 relnofollownine core technologiesa believed to lead the way towards the next industrial revolution which includes blockchain and distributed ledger technology DLT p p The partnership with WEF involves codesigning frameworks for new DLT use cases in banking finance and regulations LCX is aligned with the World Economic Forum to engage in this process and shape the exploration and experimentation of DLT for global financial and monetary systems says CEO Metzger p p LCX is a new category leader in the fintech and blockchain industry LCXs CEO Mr Monty C M Metzgers a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fmediumcom2Flcx2Flcxattheworldeconomicforumhowtomanagecryptoassets3aa256b9fa38ampesheet51925880ampnewsitemid20190115005477amplanenUSampanchorparticipatedampindex2ampmd5b6cf66b3b77b319515ad3a44de0beda6 relnofollowparticipateda at the World Economic Forums Twelfth Annual Meeting of the New Champions AMNC September 2018 Further LCXs engaged in a closeddoor WEF working group on Central Banks in the Age of Blockchain Technology in Singapore where the Liechtensteinbased exchange hosted a special session attended by senior executives of 15 central banks The goal of this work is to codesign frameworks for new Blockchain and DLT usecases that may address challenges such as international interbank settlements digital currency regulation centralbank issued digital currency CBDC for domestic citizens and Know Your CustomerAnti Money Laundering implications Importantly it will improve policy making inform business decisions share best practices engage stakeholders and develop proof of concepts POCs at the intersection of traditional financial services and the fastpace cryptoindustry p p bAbout LCXb p p LCX the Liechtenstein Cryptoassets Exchange is a blockchain ecosystem for professional investors LCX will provide a crypto custody service called LCX Vault a crypto trading desk called LCX Terminal an advanced trading platform for security tokens and other cryptoassets called LCX Exchange and an international fiattocrypto exchange called Binance LCX which is a joint venture with Binance p p Web a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwlcxliampesheet51925880ampnewsitemid20190115005477amplanenUSampanchorwwwLCXampindex3ampmd5ebd12dea997b53e9ae72c8ceff1a9709 relnofollowwwwLCXaspan classbwulinecomspan Telegram a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Ftme2FJoinLCXampesheet51925880ampnewsitemid20190115005477amplanenUSampanchorhttp3A2F2Ftme2FJoinLCXampindex4ampmd5b686d0f0515bd2718d3e24e740db5b25 relnofollowhttptmeJoinLCXa Twitter a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwtwittercom2FLCXampesheet51925880ampnewsitemid20190115005477amplanenUSampanchorwwwTwittercom2FLCXampindex5ampmd50fad8d0e084899f2f79b6d50082694b0 relnofollowwwwTwittercomLCXa p p YouTube a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwyoutubecom2Fchannel2FUCNj78acREywQPimwZ8RTQampesheet51925880ampnewsitemid20190115005477amplanenUSampanchorhttps3A2F2Fwwwyoutubecom2Fchannel2FUCNj78acREywQPimwZ8RTQampindex6ampmd516502fd2f0fd9e4ecb5c0b4e12206303 relnofollowhttpswwwyoutubecomchannelUCNj78acREywQPimwZ8RTQa p p Media a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwdropboxcom2Fsh2Fdg1hwcyzv6jegeh2FAAAXsZoNlmduQ16KjFaWUr5la3Fdl3D0ampesheet51925880ampnewsitemid20190115005477amplanenUSampanchorhttps3A2F2Fwwwdropboxcom2Fsh2Fdg1hwcyzv6jegeh2FAAAXsZoNlmduQ16KjFaWUr5la3Fdl3D0ampindex7ampmd5d07500d8492b399318c797f99181a917 relnofollowhttpswwwdropboxcomshdg1hwcyzv6jegehAAAXsZoNlmduQ16KjFaWUr5ladl0a p p bAbout World Economic Forum Centre for the Fourth Industrial Revolutionb p p Drawing on the World Economic Forums global convening power community creation and insight generation the Centre for the Fourth Industrial Revolution in San Francisco aims to accelerate crosssector cooperation for Fourth Industrial Revolution governance The Centre will develop pilot and scale agile and humancentred governance tools that can be adopted by policymakers legislators and regulators worldwide to address challenges related to emerging technologies Find out more at a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwweforumorg2Fcentreforthefourthindustrialrevolution2Fampesheet51925880ampnewsitemid20190115005477amplanenUSampanchorhttps3A2F2Fwwwweforumorg2Fcentreforthefourthindustrialrevolution2Fampindex8ampmd599120b88265bc9867c21b40428212ef2 relnofollowhttpswwwweforumorgcentreforthefourthindustrialrevolutiona and follow us on a referrerpolicyunsafeurl targetblank 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SOURCE: BUSINESS WIRE. ©2015 Business Wire

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