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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,… 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… 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… Read more
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European Services Forum Position Paper on EU Future Trade Policy
Competitiveness concerns have returned to EU discourses. The warning signals concerning the EU’s economic underperformance are growing, notably from Germany, where the EU’s main economic engine for the European Union is slowing down. To add to these grim overall macroeconomic trends, there are also growing clouds on the trade horizon:… 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… 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;… Read more
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U.S-EU Joint Statement of the Trade and Technology Council
The sixth ministerial meeting of the Trade and Technology Council (“TTC”) took place in Leuven, Belgium, on 4 and 5 April 2024. It was co-chaired by European Commission Executive Vice President Margrethe Vestager, European Commission Executive Vice President Valdis Dombrovskis, United States Secretary of State Antony Blinken, United States Secretary… 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… 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… 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… Read more