The Importance of Joining the Global Blockchain Business Council
Blockchain technology is one of the most revolutionary developments of the last few decades, with the potential to disrupt industries ranging from finance and logistics to healthcare and entertainment. Considering its widespread adoption, businesses must understand the strategic benefits of blockchain and how it can transform their operations.
One way to stay ahead of the curve is by joining the Global Blockchain Business Council (GBBC). In this article, we’ll explore why GBBC membership is essential for any business looking to harness the power of blockchain and gain a competitive advantage in today’s fast-paced landscape.
What Is the Global Blockchain Business Council?
Before diving into the benefits of joining GBBC, it is essential to understand what this organisation is and what it represents.
Founded in 2017, the GBBC is a non-profit organisation that acts as a neutral platform for businesses, policymakers, and regulators to convene, collaborate, and advance the adoption of blockchain technology. It provides a unified voice for the industry and its members to promote education, advocacy, and best practices worldwide.
The Benefits of Joining the GBBC
GBBC membership provides businesses with a plethora of benefits, such as:
Access to Industry Leaders, Experts, and Policymakers
As a GBBC member, businesses gain access to a global network of industry leaders, policymakers, and regulators. They can attend exclusive events, conferences, and forums, where they can connect with peers and collaborate on blockchain initiatives. GBBC also provides members with exclusive educational resources, such as webinars and research papers.
Advocacy and Promotion of Blockchain
GBBC serves as a voice for the blockchain industry and its members, advocating for blockchain innovation globally. By joining GBBC, businesses can participate in initiatives that promote blockchain technology, such as the Blockchain Central initiative at the World Economic Forum in Davos.
Opportunities for Partnership and Collaboration
GBBC facilitates opportunities for members to collaborate and form partnerships with other businesses and organisations in the blockchain ecosystem. Members can leverage GBBC’s network to find like-minded partners and build meaningful collaborations.
Real-World Examples of GBBC Membership Impact
Several businesses have already benefited from GBBC membership by gaining valuable insights and resources from the organisation. Here are a few examples:
American Express
American Express partnered with GBBC in 2018 to explore the potential of blockchain technology in facilitating cross-border transactions. The company gained valuable insights into the regulatory and legal landscapes of different jurisdictions, which enabled it to design and implement a blockchain-based solution that streamlined its cross-border payment processes.
IBM
IBM became a founding member of GBBC in 2017, leveraging its network and resources to promote the adoption of blockchain technology and educate businesses on its potential. IBM also participated in GBBC’s Blockchain for Social Impact initiative, which explored the use of blockchain in promoting social good.
Conclusion
The Global Blockchain Business Council is a valuable resource for businesses looking to gain a competitive edge through blockchain technology. By joining the GBBC, businesses gain access to a global network of industry leaders, educational resources, advocacy initiatives, and partnership opportunities. As blockchain technology continues to evolve and gain momentum, GBBC membership will become invaluable for businesses across all sectors.
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