The Known Traveller Digital Identity (KTDI) concept relies upon a trusted, decentralized and interoperable identity platform enabled through technologies including blockchain, biometrics, mobile devices and cryptography. The Forum and its partners are currently piloting components of the KTDI concept in a real-life, cross-border context to further enhance the concept and inform future pilots. The Forum’s Mining and Metals Blockchain initiative has released a unique proof of concept to trace emissions across the value chain using the blockchain About Jen Zhu Scott is the Founding Partner of IN. Capital, focusing on AI and deep tech. She was the Executive Chairman of The Commons Project, a non-profit public trust to build digital goods as public service. Jennifer was a Forbes World's Top 50 Women in Tech in 2018 and a Co-Chair of the Fortune Global Tech Forum in 2019. She is among Fortune's The Most Influential Business Women in China. Blockchain presents a technology promise that would have far-reaching implications for global trade and supply chains – bringing standardization, alignment and transparency. But, the technology is prone to hype. Blockchain has the potential to revolutionize a range of sectors where trust is needed among parties with misaligned interests. In partnership with the Inter-American Development Bank (IDB) and the Office of the Inspector General of Colombia (Procuraduría General de Colombia), the Forum has led a multistakeholder team to investigate, design and trial the use of blockchain technology for corruption-prone government processes, anchored in the use case of public procurement. The project, led by the Blockchain and Digital. This paper offers real-world insights from the UAE blockchain ecosystem to provide decisionmakers with the awareness of challenges and success factors they may face during blockchain implementation. After a turbulent 2022, blockchain and stablecoins are coming back into the limelight — this time with the involvement of major financial institutions. This marks a step-change in the world of finance, and is set to fundamentally alter how we exchange value. The coming change could be just as disruptive as the emergence of the internet. Many people know it as the technology behind Bitcoin, but blockchain’s potential uses extend far beyond digital currencies. Distributed ledger and blockchain technology promise to have far-reaching implications for global trade and supply chains. However, the extent to which this new technology realizes its potential depends upon how well supply chain actors steward this development. To that end, the World Economic Forum has convened a multi-stakeholder community to design a framework to guide decision-making. The most encouraging benefit of blockchain technology is the incentive it creates for participants to work honestly where rules apply equally to all.