World Economic Forum Honored Chainlink, MakerDAO as “Tech Pioneers”
World Economic Forum Recognized Chainlink, MakerDAO as “Tech Pioneers”
The World Economic Forum (WEF) has recognized six blockchain companies on its list of 100 “early to growth-stage” firms as Technology Pioneers for 2020, among them Chainlink and MakerDAO.
According to the WEF’s website, the blockchain and crypto startups honored for pioneering news technologies and innovations in 2020 are Lightning Labs, Chainlink, MakerDAO, Bitcoin analytics firms Elliptic, Latin-America-based cryptocurrency startup Ripio, and Veridium Labs.
They’re among 100 companies from around the world selected for their contributions to cutting edge technology, from “artificial intelligence to diagnose cancers and quantum computing systems, to carbon capture and removing technologies, cell-grown meat production and use of microbiome to track goods”.
“By joining this community, Technology Pioneers begin a two-year journey where they are part of the World Economic Forum’s initiatives, activities and events, bringing their cutting-edge insight and fresh thinking to critical global discussions,” the WEF website stated.
Chainlink’s co-founder Sergey Nazarov said the company was thrilled by the honor.
“Using smart contracts on the blockchain to bring enforceable guarantees to contractual obligations has widespread social and economic benefits. We’re proud to play a role in bringing accountability and automation to global and local economies, and we look forward to contributing to Forum dialogues on this challenge.”
Blockchain entered pioneer ranks in 2016
Since 2000, the WEF has chosen prominent and promising tech companies to be Technology Pioneers. Traditional companies such as Mozilla, Spotify, Twitter, Google have been listed, but recently blockchain companies have began to gain recognition more often.
In 2015, Ripple was named as a WEF Technology Pioneer. The forum also honored Blockchain (the company) in 2016, for its role in empowering millions to authenticate and conduct transactions worldwide.
