At this year’s Zebu Live (October 5-6), notable voices from the Web3 industry, including Steven Bartlett, host of the Diary of a CEO podcast and member of BBC Dragon’s Den, and MP Dr Lisa Cameron, demanded a heightened sense of urgency from the government. and regulators like the FCA, to create and update a new jurisdiction to support the UK’s drive to be recognized as a global leader in crypto and blockchain innovation.
Founders, innovators and experts came together at the event during Web3 London Week to discuss innovation and the evolution of crypto ecosystem systems and infrastructure, with a focus on the need to make traditional decentralization a reality and transition the language of industry to everyday vernacular. The main ideas discussed during Zebu Live included:
> MP suggests current UK law stands in the way of innovation
One of the key points heard in several speeches was the growing demand for the UK Government to commit to harnessing the opportunities offered by Web3 and creating a regulatory landscape that can foster innovation at a crucial time in the world. numerical revolution. One of Westminster’s most vocal MPs on the subject of crypto and digital assets, MP Dr Lisa Cameron, noted that there is a “12-month window to make the UK the hub of crypto”. ‘digital innovation’, but only if jurisdictions are adopted to facilitate the momentum of investors, consumers and businesses. Cameron concluded that the ecosystem is at a “pivotal moment” and explained that there is a “huge opportunity in the UK” to lay the foundations for an inclusive digital generation in the future.
Steven Bartlett further addressed the issue by stating that while there is an important balance between protecting society and not stifling innovation, the UK risks taking the risk that leading companies in the The industry in the field is taking ideas from the UK and heading to countries like Dubai with more ideas.
favorable regulation.
> It is impossible to predict the future of AI – Call for collective responsibility to promote AI with ethical considerations
Steven Bartlett and Mo Gawdat, AI expert and best-selling author, spoke separately about the rapid pace of evolution of AI technologies and agreed that no one is in a position to give advice on its capabilities or how it might evolve in the future. Web3 is poised to heavily integrate AI into its ecosystem, for which Mo said there is a “collective responsibility” to teach AI, speaking about the importance of individuals interacting ethically with the machines. He further explained that “humans make decisions based on our ethics and values” which are informed by our intelligence and that we must ensure that a similar thought process is learned by machines.
> Coinbase is doubling down on its “international priority” policy with the aim of reaching an additional billion people
Coinbase Vice President of International Policy Tom Duff Gordon confirmed that international expansion was one of the company’s main goals in light of the current Web3 landscape in the United States. He said: “we want to bring a billion people into crypto, we’re all about economic freedom”, underpinning their “global first mentality” which follows the unveiling of its “Go Broad, Go” strategy Deep” previously announced and subsequently secured partnerships. with the Bank of Spain and the Monetary Authority of Singapore (MAS).
Likewise, Blockchain.com, Bitget and Zodia discussed their respective innovation investment strategies that facilitate global adoption for both institutions and consumers, highlighting the importance of making trading more accessible and safer. Tal Kol, founder of Orbs, also spoke about the importance of layer 3 blockchains and the tools required for the next round of mainstream adoption.
> Blockchain ensures verification in the age of digital disinformation
In a world where hacking, deep fakes and AI-generated documents are sparking debate about the impact of these phenomena on disinformation, particularly in political and media environments, verification of information and assets n has never been more important. Steven Barlett expressed concern about the short-term risks of viewing and believing what is on the internet before stating that “more people are being scammed with cash than with cryptocurrencies” and that blockchain technology is one of the only solutions to verify authentic information or news.
Renowned macro investor and CEO of Real Vision Media, Raoul Pal, added that “blockchain creates digital scarcity,” which in turn creates value as the collective continues to evolve into a digital world. In today’s landscape, the oversaturation of infinite digital content ultimately reduces its value to zero. Chronicle provided additional information on the use of on-chain data and its limitations.
Twenty of the world’s best Web3 start-ups were selected from hundreds of applications to compete for a chance to present their project at Zebu Live’s Degens Den; with sleap.io announced as the 2023 winner.
