The World Economic Forum Forms Six Tech Policy Councils Including Blockchain

The World Economic Forum (WEF) launched six different “fourth industrial revolution councils” to help regulators working on the new technology policy guidance. The new technology included artificial intelligence, autonomous mobility, blockchain, drones, internet of things and precision medicine, as revealed on 29 May.

The councils gathered for the first time for the Fourth Industrial Revolution Network in San Francisco. The boards are allegedly comprised of over 200 leaders across public and private sectors, civil society, and academia, including leaders from the European Commission, Microsoft, Qualcomm, World Bank, Uber, Chinese Academy of Medical Science, and Dana-Farber.

The WEF claimed that the participating companies will facilitate international policy exchange, reach a consensus on best policy practices and offer strategic guidance.