Sandra Ro, the CEO of the Global Blockchain Business Council (GBBC) joins the Steering Committee of The Open Initiative
Zug, Switzerland. – August 27, 2020 – The Open Initiative announces the appointment of a new member for the steering committee, Sandra Ro.
The Open Initiative is a platform that aims to enhance the current financial system by providing businesses and governments with new innovative tools and services. The Open Initiative funds and nurtures innovative solutions by awarding four grants, each worth of 50’000 CHF, in four key areas: a digital vouchers platform; supply chain solutions; a real-time and economic information system; and research initiatives.
“Sandra Ro combines the experience of traditional financial markets with a clear view of what needs to be done to trigger the blockchain transformation of society. Just thrilled to have Sandra join our steering committee, she belongs to the select group of people, who are the real movers and shakers in the space.” said Richard Olsen, the CEO and founder of Lykke.
Sandra was appointed CEO of the Global Blockchain Business Council (GBBC) in March 2018, a Swiss non-profit focusing on education, advocacy & partnership across over 50 countries. She was appointed and serves on the NYS Digital Currency Task Force, the US Department of State Speakers’ Bureau for blockchain/security, the Blockchain for Public Funds, EU and Member States Recovery Plans & European Green Deal, the Post Trade Distributed Ledger (PTDL) Group Organising Committee, the Astana International Financial Centre’s (AIFC) Fintech Advisory Council of Kazakhstan, the Global Blockchain Policy Council (GBPC), founded by bipartisan South Korean Congress, and the World Economic Forum (WEF) Digital Currency Governance Working Group.
Previously, she served as a former Treasurer and founding board director of the Enterprise Ethereum Alliance (EEA) and founding member of the Post Trade Distributed Ledger Group (PTDL), founding member of Linux Foundation’s Hyperledger. Sandra was also founder and former Executive Director, Digitization Head, CME Group, where she was responsible for the company’s digital asset and blockchain/distributed ledger technology (DLT) initiatives, including CME CF Bitcoin futures & index pricing products and post trade solutions. Previously, she served as Head of Foreign Exchange (FX) & Metals Research and Product Development.
Ro holds an M.B.A. in Finance from London Business School, studied Computer Science at Columbia University, School of Continuing Studies, and earned a double B.A. degree in History and Studies in the Environment from Yale University.
The Open Initiative is a web-platform that aims to enhance the financial system by equipping businesses and governments with new tools and services to unlock resources at the service of the people and their governments. Learn more about initiatives by visiting the website.
Lykke is a Swiss-based global fintech firm that utilizes blockchain and emerging technologies to provide solutions for consumers, investors, and corporations. By leveraging the power of a broader ecosystem, Lykke’s platforms eliminate barriers to market entry, solve inefficiencies within current economic systems, and democratize access to digital asset marketplaces. Learn more about Lykke’s work including The Open Initiative – to fund and incubate solutions for the global supply chain, and following the Lykke on Twitter, Facebook, and LinkedIn.
How decentralized is the Bitcoin network nowadays?
Do you like Bitcoin because of its decentralized authority structure? Or perhaps you are interested in conspiracy theories? Well, in any case, take a big breath while we dive into one of the most interesting topics surrounding the Bitcoin network where we try to answer how decentralized is the network nowadays and what led us to this point.
The Value of Bitcoin
Unless you took the self-isolation to the extreme and you ended up practicing social media abstinence, you are assumedly aware of some of the recent events that allegedly led Bitcoin to the all-time highs we are all currently enjoying. So take a big breath while we break down the recent events of the crypto world and what they mean.
FCA - New Regulations Explained
The FCA created a Temporary Registration Regime to concede existing crypto-asset firms, which have applied to be registered with the FCA, to continue trading. It is important to note that this Temporary Registration Regime is only available to existing crypto-asset firms which have applied for registration before December 15th, 2020. New firms will need to obtain full registration with the FCA before conducting business.
What is a crypto-fiat gateway?
A fiat gateway is a combination of words that you will frequently hear if you decide to enter the cryptocurrency world and buy Bitcoin or other cryptocurrencies in a crypto app. To understand its meaning and function, you have to understand what fiat means. Fiat means simply conventional money, it refers to national currencies the government’s issue not backed by any commodity. It derives from the Latin word fiat (from “facere” - make/do, present passive subjunctive “let it be done”) and we can assume that it implies a deal - let it be done!
What is a Coin Burn?
As new tokens are mined and enter circulation every day, cryptocurrencies need to ensure that the market is not oversaturated with supply. After all, prices in the digital currency market are almost entirely dictated by the economic principle of supply and demand.