Bitfury Launches First Global Blockchain Business Council In Davos

The Bitfury Group, a global, full-service, blockchain tech company, in conjunction with the international law firm, Covington, is launching its first Global Blockchain Business Council (GBBC) at the World Economic Forum 2017 meeting in Davos, Switzerland this January. The World Economic Forum will host representatives from EY, Overstock, and the China Mergers and Acquisitions Association.

The GBBC aims to serve as a resource center that will provide a forum for education, and encourage collaboration and partnerships among leaders in the blockchain space. Its mission is to bring together the world’s premier businesses and business leaders to highlight the latest innovations and advances in blockchain technology.

According to the CEO of the Bitfury Group, Valery Vavilov:

“The GBBC will provide a much-needed forum for businesses, innovators and technologists to come together and explore the many opportunities that Blockchain technology has to offer. This is a crucial step in the global advancement of Blockchain technology.”

The GBBC launch will be celebrated at an evening dinner on January 17, 2017, at the Ameron Swiss Mountain Hotel. Jamie Smith, global chief of communications and marketing officer for the Bitfury Group and Co-Chair of the World Economic Forum’s Future Council on Blockchain stated:

“It is a tremendous honor for us to feature such an all-star lineup at our first ever launch event in Davos around the World Economic Forum: Uschi Schreiber, Global Vice Chair of Markets & Chair of Global Accounts Committee for EY; Patrick Byrne, Chief Executive Officer of Overstock; Dr. Wei Wang, Founding Chairman of China Mergers and Acquisitions Association; Carl Bildt, former Prime Minister of Sweden; Toomas Hendrik Ilves, former President of Estonia; Hernando de Soto, world-renowned economist; and Don Tapscott, best-selling author.”

Blockchain technology is slowly traversing through many different industries and becoming the hotbed of Ethereum understanding and adoption. As more groups, councils, and consortia are formed around the exploration of blockchain applications the possibilities for its corresponding technologies, such as Ethereum, to flourish become immeasurable.

Read the full press release below: