Emerging Tech Trends to be Defined at GBA Blockchain Week 2021

March 28, 2021

For a nearly week-long virtual event, the Greater Bay Area (GBA) of China becomes the global centre to attract high-profile speakers, international government agencies, and tech trendsetters, all gathering at the GBA Blockchain Week 2021.

Greater Bay Area, the region which was previously referred to as the Pearl River Delta, includes Hong Kong, Macao and nine cities in South China’s Guangdong province. Being home to 70 million people, it produces about 37% of the country’s exports and 12% of the gross domestic product.

The area attracts global attention with large scale projects, aimed to deepen links between financial systems and infrastructure. The applications of blockchain technology have been growing rapidly in GBA, in areas like supply chains, port logistics, trade infrastructure, smart cities development, enterprise, and of course finance.

Themes on the GBA Blockchain Week 2021 agenda will spin around the major Bitcoin bull run, and how digital assets continue to gain traction amongst institutional investors. Where does it put global trade, capital markets and incumbent financial institutions, speakers will confer about during the series of high-level panel discussions.

“I am delighted to be taking part in the Greater Bay Area Blockchain Week’s virtual conference. The development of a sustainable blockchain ecosystem is deeply rooted in enhanced education and wider business use,” said Alber Isola, Minister for Digital and Financial Services, Government of Gibraltar. “Now more than ever, as we emerge from the pandemic, it’s important that the blockchain industry stays connected, and continues to keep education and development at the top of the agenda.”

Another key topic of the conference is the development of Central Bank Digital Currencies (CBDCs). China’s DCEP project has been fuelling a sense of urgency on CBDCs over the last two years.

Now that GBA, and Hong Kong in particular, were chosen as a testing ground for deploying the digital yuan, the world’s attention is focused on this key region. Speakers and high-profile experts from Asia, Europe, and the US will converge to GBA Blockchain Week 2021 to discuss major opportunities and prospects of DCEP.

“2020 was definitely a year for the books. In addition to seeing a huge increase in institutional investment, we also saw CBDC experiments move into production, most notably China’s DCEP,” commented Sheila Warren, Head of Data, Blockchain, and Digital Assets at World Economic Forum.

“The Forum started the year with the release of our CBDC Policy Maker Toolkit during Davos and continued with our Supply Chain Toolkit in the spring. This latter guidance has proven essential for designing solutions that work for a multitude of actors, including smaller players who may not have access to the resources required to unlock the value of blockchain technology.”

Other topics of the conference will focus on regulation, including Hong Kong’s game-changing framework for virtual asset exchanges and virtual banks; fintech, with major tech solution providers working together closely with incumbent financial institutions and companies; tech talent and education, with Shenzhen rivalling the West with its “New Silicon Valley” innovation hub status; the role of key tech hubs; cutting-edge urban solutions for smart cities and smart state, and more.

GBA Blockchain Week 2021 core Virtual Summit is happening on March 30-31, 2021. Exclusive content will be streamed globally and in China. The conference will also host a chain of dedicated side events from the largest blockchain community keepers and industry leaders. Get your free ticket now!