Analyses
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Legal Framework for Digital Development and Transformation in Selected Industries
In recent years, the development and widening application of emerging digital technology – e.g. Web 3.0 technology (including distributed ledger technology (“DLT”)), Internet of Things (“IoT”), artificial intelligence (“AI”) and automation – have transformed ways through which economic activities are conducted, leading to the emergence of a “digital economy”. Specifically, Web 3.0 technology may disrupt… Read more
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Organizations make better choices when they understand the factors shaping the future. Since 2011, the Top 10 Emerging Technologies report has served as a vital source of strategic intelligence for professionals. Drawing on insights from scientists, researchers and futurists, the report identifies 10 technologies poised to significantly influence societies and economies within three to five… Read more
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Rarely before have the risks faced by humankind been more complex, interlinked, and interdependent; and rarely have so many crises coexisted. In this context characterised by turbulence, novelty, ambiguity, and uncertainty, foresight plays an essential role and complements more traditional quantitative approaches to help manage risks and disasters. By providing additional perspectives, foresight can help… Read more
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Bhutan NDI officially launched in 2023 and introduced Self-Sovereign Identity as a foundational element underpinning a national digital trust ecosystem which connects the government, individuals, and the private sector in their digital interactions. Bhutan NDI and the Trust Over IP Foundation launched the case study on Bhutan NDI’s Digital Trust Ecosystem at the Mobile Ecosystem… Read more
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Deep-Tier Supply Chain Finance: Unlocking the Potential
Deep-tier supply chain finance (DTSCF) not only unlocks finance at favorable rates for deeper tiers in a supply chain, but it promotes an ecosystem of financial stability, risk management, and sustainability throughout the entire supply chain. DTSCF has the potential to reshape and strengthen traditional relationships by fostering more resilient; transparent; and environmental, social, and… Read more
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Working paper: Towards a European “Trade Services” Regulation
Within international trade, transferable documents allow to request delivery of goods and payment based on possession of the document. Yet, it has been difficult to reproduce the notion of possession, which has to do with control over tangible goods, in an electronic environment. In order to address that situation, the adoption in 2017 by the… Read more
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Benefits of the Digitalisation of Trade Processes and Cross Border Barriers to their Adoption
Trade digitalisation is the improvement or enabling of processes through leveraging digital technologies and digitised data. In the context of international trade, this involves the digitalisation of trade-related information flows. Digitalisation will enable the exchange of trade-related data, documents, and electronic authorisations between parties in the supply chain. Trade digitalisation is attracting greater policy attention… Read more
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Identity is everything. It is key to the inner workings of our societies, governments and economies. Without it, we can only have the narrowest of realities: one without legal agreements, banking services, or even getting paid. Identity is the key to trust, and trust, really, is everything. In our digital world, where software is eating… Read more
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Study on the Potential of Blockchain Technology and Other Digital Tools in Facilitating EU Climate Policy Implementation
This study explores the potential of blockchain technology and digital solutions to support the implementation of European Union (EU) climate policies by the European Commission. The main objective is to identify EU climate policies that can benefit from distributed ledger technologies (DLT) and digital tools. The study comprises three tasks: The study evaluates the advantages… Read more
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Recommendations of the European Banking Federation for the EU 2024-2029 term. The concluding legislature has been marked by a series of significant crises at both the international and European levels. Firstly, the global COVID-19 pandemic, then a war on the European continent resulting from the invasion of Ukraine. This conflict triggered an energy crisis, driving… Read more