The Global Blockchain Business Council (GBBC) opened an office in Geneva, the group announced in a press release. Launched in January 2017 during the World Economic Forum Annual Meeting in Davos, the GBBC is a platform bringing together leading businesses and executives from around the world to educate on the latest innovations in blockchain technology and advocate for its widespread adoption. It serves as a global forum for information, collaboration and partnerships. Leading full service blockchain technology company The Bitfury Group and international law firm Covington are behind the initiative.
A global center for international cooperation
By locating in Geneva, the GBBC will work side by side with an array of international organizations active in uniting global causes and industries, such as the World Economic Forum (WEF), the World Trade Organization (WTO) and the World Health Organization (WHO). Speaking on the decision to house the platform in Geneva, Tomicah Tillemann, GBBC Chairman, explained that the Swiss city has “a long history as a place where people come together to reach consensus”, and that it is “already home to some of the world’s most important and effective international institutions”. He added that the GBBC is “proud to join that community” as they work to advance the use of blockchain technology worldwide with the goal of creating more secure, equitable, and functional societies.