The latest report from the OECD’s Global Blockchain Policy Forum underlines the opportunities for blockchain to support cross-border economic activity, and the need for international cooperation to realise these benefits and mitigate risks to global governance. OECD’s Oliver Garrett-Jones unpacks what this means for governments and industry, and where international efforts are headed.
Not-so-stable coins: a double-edged sword for decentralised finance and the key bridge linking DeFi to TradFi
Institutional investors are increasingly participating in digital asset markets and this can pose investor risks at the micro-level while potentially creating channels of contagion between DeFi and traditional finance (TradFi). OECD’s Iota Nassr considers the multitude of potential risks involved in the growing crypto-asset and DeFi markets and the role policy makers can play to evaluate and address these risks.
From “DeFi summer” to “crypto winter”: leverage, liquidations and policy implications
Decentralised Finance or ‘DeFi’ is the latest development in the crypto-asset space, and claims the potential to replicate the traditional financial system in an open, decentralised, permissionless and autonomous way, through applications built on the blockchain. Given the rapid growth of DeFi and commensurate risks, OECD’s Iota Nassr highlights why policy makers need to monitor this market closely and eventually take action to mitigate emerging risks.
Jean-Michel Godeffroy on Central Bank Digital Currencies
In this interview by Matthieu Saint-Olive from ConsenSys, Jean-Michel Godeffroy, Director General for 16 years at the European Central Bank, shares his vision for central bank digital currencies
The road towards central bank digital currencies
As central banks move towards integrating central bank digital currencies (CBDCs) in national financial systems, Bitt.com’s Simon Chantry focuses on the network effects that may encourage their adoption and use in part two of his two-part series.
Digital credentials and privacy in the time of COVID-19
The COVID-19 pandemic has amplified the debate around how much personal data we want or need to share to contribute to the continued health of our communities. Heather Dahl describes how privacy-preserving digital security technologies can help us to respect public health and safety measures while protecting our privacy.
How can we solve the blockchain conundrum?
Everledger CEO Leanne Kemp discusses the advantages and potential dangers of blockchain and gives her perspective on how the OECD can help ensure the benefits this technology can bring to reach as many people in the world as possible.
Central bank digital currencies in the interconnected future
Central bank digital currencies (CBDCs) are already set to become part of national financial systems. In part one of a two-part series, Bitt.com’s Simon Chantry describes how the design and configuration of these networks is trending and how this is likely to affect us in the future interconnected world.
The blockchain ecosystem in China
China is already using blockchain and other Distributed Ledger Technologies (DLT) to empower various industries and to pioneer the development of a national digital currency. Ran Zhao looks at the blockchain ecosystem in China today and the role policy makers can play to further enable its development.
How the OECD can release the power of blockchain
Leanne Kemp, Founder and CEO, Everledger; Queensland Chief Entrepreneur, Australia talks about how the OECD can contribute to the development of blockchain on the occasion of joining the OECD Blockchain Expert Policy Advisory Board