Six Blockchain Startups Selected On World Economic Forum’s (WEF) 2020 Tech Pioneers List


The World Economic Forum (WEF) has announced the list of technology pioneers, and among them were six blockchain-based startups. The announcement was made earlier today through the official WEF Twitter account.

The six firms consist of:

  • MakerDAO
  • Chainlink
  • Veridum Labs
  • Lightning Labs
  • Ripio
  • Elliptic

The WEF Technology Pioneers of 2020 list brings together 100 startups from across the globe, which are set to introduce or pioneer new technologies as well as innovations in different sectors, including Artificial Technology (AI), Robotics, Internet of Things (IoT) and Machine Learning.

The listing of technology pioneers by WEF started in 2000, where outstanding tech pioneers are acknowledged and recognized. The startups are incorporated in various WEF initiatives as well as events to shed more light and insights into various critical world discussions.

According to WEF, the six blockchain-based startups will be incorporated into the organization’s initiatives, events, and activities for two years to bring their fresh thinking in various global discussions.

The six blockchain startups will also become members of the WEF’s Global Innovators Community, which is an invite-only group bringing together the globe’s most promising startups.

The six startups will also be part of WEF Strategic Intelligence ecosystem that assists industry leaders as well as policy and decision-makers to navigate different transformations in various industries, economies as well as global issues. In other words, the six startups will be taken as experts to help in making important decisions by global leaders and decision-makers.

Blockchain-based startups have been recognized previously with Bitfury, which offers blockchain solutions, making it to the list last year. In 2015, Ripple made it to the list.

The recognition is essential as it helps the startups to access a wide range of expert insights as well as the market. The startups can exchange notes with other firms from across the globe. The listing will also give the six blockchain startups the much-needed exposure to potential clients.

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