BitPesa boss lands Global Council on Blockchain role

Elizabeth Rossiello was chosen "not only for her diverse background in this space, from technical expertise as well as regulatory, but also for her ability to bring together members of this often fragmented ecosystem"

Elizabeth Rossiello, CEO and Founder of BitPesa, has been selected by the World Economic Forum to be one of two co-chairs of the Global Blockchain Council.

At the World Economic Forum Annual Meeting 2019 in Davos, Switzerland this week, Rossiello has been working with industry advisors to prepare the first agenda and main priorities of the council in advance of the official start in San Francisco during May.

The 30 members of the Council include ministers and heads of regulatory agencies, CEOs and technical and civil society experts. The Council was formed to give advice to the projects in the Centre for the Fourth Industrial Revolution Network (C4IR).

“2019 will be a critical year for the blockchain industry, so I am very excited to be selected to co-chair this council,” says Rossiello. “The World Economic Forum has always been instrumental in multi-stakeholder engagement, which is important for blockchain, especially in regards to regulation and policy.”

“We have made some progress in education, consumer adoption and pilot use cases that have proven scale. The creation and implementation of policy has been fragmented globally and is still underway trailing the innovation in the space. A council like this, with experts from all sides of the industry, is a strong advocacy tool for ensuring innovation can continue alongside policy that supports its continued progress.”

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