Changpeng Zhao (CZ), Founder and CEO of Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider, spoke at the Business 20 (B20) Summit in Bali today.
The B20 Summit Indonesia 2022 is part of the G20 Summit, where leaders from all over the world come together to share their expertise on international business challenges and future growth initiatives. The theme of the B20 is “Advancing Innovative, Inclusive, and Collaborative Growth,” which supports the G20 theme “Recover Together, Recover Stronger.”
CZ was among a select group of world leaders who discussed the future of technology and the importance of building the global tech landscape and talent field. He spoke as part of the plenary session, “Harnessing the power of innovation for future economic growth.”
CZ said: “Everybody in the industry has the responsibility to protect users. We hope industry players can cooperate to gather opinions and set strong standards. Given the recent series of events in this year, Binance sees the importance of developing common guidelines. We will try to get together with other industry players to form common business standards. All industry players need to increase transparency and work closely with regulators to make the industry more robust.”
As B20 is the official dialogue forum for the business community to communicate and share their aspirations with the G20 governments, more than 60 business leaders including Jeff Bezos (Executive Chair, Bezos Earth Fund; Executive Chairman, Amazon), Mark Tucker (Group Chairman, HSBC Holdings), Euisun Chung (Executive Chair, Hyundai Motor Group), Febriany Eddy (CEO, Vale Indonesia), and Mohammed Y. Al Qahtani (Senior Vice President, Saudi Aramco) attended.
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com
Image Caption- Changpeng Zhao, CEO of Binance, Speaking at the B20 Summit