Payments in the metaverse and the future of transfer of value
The phenomenon of decentralised transaction networks that began with bitcoin is gradually developing into an architecture for the secure and efficient exchange of a whole range of digital assets. These include cryptocurrencies, representations of fiat currencies and non-fungible tokens representing ownership of digital or real-world assets.
Ronit Ghose, head of banking, fintech and digital assets, future of finance, at Citi Global Insights, Loretta Joseph, founding member of the World Metaverse Council, and Oliver Garrett-Jones, head of blockchain policy, financial markets division at the Organisation for Economic Co-operation and Development, join OMFIF to discuss the possibilities the metaverse brings. They ask what technical features must be developed to deliver these possibilities and the legal architecture required for transactions in the metaverse to be safe and legally supported. They examine the next steps for building the metaverse landscape, key innovation opportunities and challenges for stakeholders and the comparative utility of metaverse models.
Timings:
15:00-16:00 (London)
10:00-11:00 (New York)
23:00-00:00 (Singapore)
Speakers:
Oliver Garrett-Jones
Head of Blockchain Policy
Financial Markets Division
OECD
Ronit Ghose
Global Head
Future of Finance
Citi Global Insights (CGI)
Loretta Joseph
Founding Member
World Metaverse Council
This discussion is part of the OMFIF Digital Monetary Institute. The OMFIF Digital Monetary Institute is a high-level forum which convenes key policy-makers, technology experts, investors and regulators to explore the challenges, opportunities and implications of digital finance in the 2020s. See more information on OMFIF’s DMI here. Please contact folusho.olutosin@omfif.org directly for membership details or register your interest below and we’ll be in touch.
