The World Economic Forum (WEF) has recognized six blockchain firms, among them, being Chainlink, MakerDAO on its list of 100 ‘early to growth-stage’ companies as Technology Pioneers for 2020.
According to the WEF’s website, the blockchain and crypto startups recognized for pioneering new technologies and innovations in 2020 are:
- Lightning Labs
- Veridium Labs
They’re among 100 companies from around the world chosen for their contributions to bleeding edge technology from:
- artificial intelligence to diagnose cancers
- quantum computing systems
- carbon capture and removing technologies
- cell-grown meat production
- use of microbiome to track goods
WEF website stated:
“By joining this community, Technology Pioneers begin a two-year journey where they are part of the World Economic Forum’s initiatives, activities and events, bringing their cutting-edge insight and fresh thinking to critical global discussions.”
Chainlink’s co-founder Sergey Nazarov stated:
“Using smart contracts on the blockchain to bring enforceable guarantees to contractual obligations has widespread social and economic benefits. We’re proud to play a role in bringing accountability and automation to global and local economies, and we look forward to contributing to Forum dialogues on this challenge.”
Since 2000, the WEF has selected prominent and upcoming technology companies to be Technology Pioneers.
Traditional companies like Mozilla, Spotify, Twitter, Google have made the list, but recently blockchain firms have started to be recognized more often.