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The purpose of the Global Blockchain Business Council (GBBC) is to advance understanding, adoption, and implementation of blockchain technology globally. As an industry association, it aims to engage and educate regulators, business leaders, and lawmakers to foster collaboration within the blockchain ecosystem, promoting innovation and security.
GBBC contributes to the global blockchain industry by providing educational initiatives, advocating for policy development, and facilitating partnerships among its members. It acts as a platform for dialogue, idea-sharing, and problem-solving, advancing understanding of blockchain technology's potential and challenges among key stakeholders.
Joining the Global Blockchain Business Council offers benefits such as access to educational resources, industry research, and networking opportunities with leaders and innovators in the blockchain ecosystem. Members can influence policy discussions, partake in collaborations, and stay informed about best practices shaping the regulatory and commercial landscape of blockchain technology.
GBBC distinguishes itself from other blockchain organizations by its global reach and focus on engaging regulators and business leaders across over 40 countries. Its foundation on Sir Richard Branson's Necker Island, combined with its launch during the World Economic Forum, emphasizes its high-level engagement and thought leadership in advocating for blockchain technology.
GBBC is crucial for the future of blockchain technology as it plays a pivotal role in shaping the commercial and regulatory landscape. By promoting best practices, facilitating cross-industry dialogue, and fostering policy development, GBBC ensures blockchain's utility, scalability, and impact are understood and harnessed to create more secure and equitable societies.
A new member joining GBBC can expect to engage in a community focused on the advancement of blockchain technology through collaboration, education, and advocacy. They will have access to resources such as industry reports, research, and opportunities to participate in policy discussions and partnerships that drive blockchain technology's growth and acceptance worldwide.
Promotes blockchain and digital asset adoption globally.
The Global Blockchain Business Council (GBBC) functions as a pivotal non-profit organization dedicated to the global promotion and adoption of blockchain and digital assets. Established in 2017 at the World Economic Forum in Davos, it stands as a highly influential body that bridges various sectors within the blockchain ecosystem, connecting over 500 institutional members and 300 ambassadors across 117 jurisdictions. The GBBC's mission is vested in enhancing the understanding and implementation of blockchain technology by engaging a diverse range of stakeholders, including regulators, business leaders, and global changemakers. Its efforts target reducing fragmentation within this industry and addressing the skepticism surrounding blockchain technology, which predominantly arises from regulatory and conventional industry perspectives. By fostering dialogue and cooperation, the GBBC helps align disparate interests to common goals, thus promoting a balanced advancement in blockchain technologies across multiple sectors such as finance, commerce, supply chain, and commodities. The GBBC’s technical architecture does not involve developing blockchain technologies or issuing tokens direct...
The Global Blockchain Business Council (GBBC) functions as a pivotal non-profit organization dedicated to the global promotion and adoption of blockchain and digital assets. Established in 2017 at the World Economic Forum in Davos, it stands as a highly influential body that bridges various sectors within the blockchain ecosystem, connecting over 500 institutional members and 300 ambassadors across 117 jurisdictions. The GBBC's mission is vested in enhancing the understanding and implementation of blockchain technology by engaging a diverse range of stakeholders, including regulators, business leaders, and global changemakers. Its efforts target reducing fragmentation within this industry and addressing the skepticism surrounding blockchain technology, which predominantly arises from regulatory and conventional industry perspectives. By fostering dialogue and cooperation, the GBBC helps align disparate interests to common goals, thus promoting a balanced advancement in blockchain technologies across multiple sectors such as finance, commerce, supply chain, and commodities. The GBBC’s technical architecture does not involve developing blockchain technologies or issuing tokens directly but rather focuses on enhancing blockchain adoption and interoperability through various initiatives. These include the BITA Standards Council that promotes open-source supply chain standards and the InterWork Alliance that fosters the adoption of token-powered services. Furthermore, the Global Standards Mapping Initiative offers a comprehensive approach to identifying and bridging gaps across existing blockchain standards globally. The alliance’s impacts are seen in its strategic partnerships, which span global enterprises and governmental bodies, fostering innovation and regulatory advancement. GBBC actively participates in global regulatory dialogues, influencing policies such as the EU's Markets in Crypto-Assets Regulation, and offers educational resources like the International Journal of Blockchain Law. This highlights its pivotal role as an advocate and standard-setter within the blockchain domain, underlining its commitment to creating more effective and secure technological frameworks for society.
