KANALCOIN NEWS – Blockchain technology is gaining considerable support again. This is in line with the entry of two conventional banking and financing giants, Visa and Goldman Sachs.
Reportedly, Visa and Goldman Sachs joined the Digital Chamber of Commerce, the main institution related to the blockchain industry based in Washington DC, United States.
Last Wednesday (23/9/2020), the Digital Chamber of Commerce announced that three new companies had joined their executive committee. The three companies are Visa, Goldman Sachs, and Six Digital Exchange (SDX).
The joining of Visa and Goldman Sachs into the Digital Chamber of Commerce further strengthens the cryptocurrency trend within the world’s largest banking and financing companies.
Visa’s head of crypto, Cuy Sheffield, said that Visa will continue to support payment innovation in society.
“Visa continues to explore new payment innovations such as digital currencies and how they can connect or extend our existing network and products,” said Sheffield, as quoted by Cointelegraph.
In addition to partnering with Visa and Goldman Sachs, the Digital Chamber of Commerce apparently also partnered with Mick Mulvaney, former White House Chief of Staff.
Apart from being a former White House Chief of Staff, Mulvaney is also known as a co-founder of the Caucus Blockchain Congress. Mulvaney will later join the Advisory Board for the Digital Chamber of Commerce.
Mulvaney himself stepped down from the White House in March 2020. Mulvaney will be joined by Don Tapscott from the Blockchain Research Institute representative and Chris Giancarlo, the former Chair of the CFTC currently working on Digital Dollar Projects.
It can be seen that the composition of the advisory board of the Digital Commerce Chamber comes from various diverse components. This was also responded to by the Founder and President of the Digital Chamber of Commerce, Perianne Boring.
Boring said that the difference in the composition of the advisory board is for the better purpose of managing the Digital Chamber of Commerce. This is because when the Digital Chamber of Commerce wants to make a policy, it must be able to see it from many points of view.
Therefore, an advisory board that comes from various backgrounds will provide a wide range of considerations and perspectives.
“It’s important that we have diverse views because when you do public policy, your work affects everyone,” said Boring.
“This impacts the entire ecosystem. So you need to make sure you really understand the entire scope of the industry and how potential policies can affect everyone,” Boring continued.
Boring also sees that blockchain technology is currently widely recognized by the public. In fact, the use of cryptocurrency in today’s society is quite widespread.
Therefore, Boring considers that more and more people should be educated about cryptocurrencies so that blockchain can develop more widely.
“People are starting to understand the importance of blockchain technology in the global economy,” said Boring.