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The Global Blockchain Business Council (GBBC) was initially launched at the World Economic Forum Meeting in Davos back in 2017. This organization seeks to bring together various innovators and blockchain industry leaders. What's more, the organization brings together cross-sectional blockchain industry profiles from more than 50 nations.

Blockchain technology first came about with the launch of Bitcoin in 2008 and the technology has, over the years, predominantly been associated with cryptocurrency, ICOs (initial coin offerings), and, more recently, decentralized finance.

The global economic landscape is changing, and this has only been expedited by economic turbulence caused by the recent pandemic. Digital payments have already replaced cash in many countries, and while central banks across the world debate the implication of Central Bank Digital Currencies, it is becoming clear how blockchain is rebuilding the global economy.

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