Civic Ledger, the Brisbane-based Australian company that brings blockchain technology to digitise the ownership and exchange of shared public resources, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. Since its beginnings in late 2016, Civic Ledger understood the value proposition of blockchain to build new digital markets for taking accurate stock of shared public resources, especially to help determine the true value of natural assets like water which often suffers from the tragedy of the commons due to unequal access or unsustainable consumption.
The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the use of new technologies and innovation that are poised to have a significant impact on business and society.
With their selection as Technology Pioneer, CEO and Co-Founder, Katrina Donaghy of Civic Ledger will be invited to participate at World Economic Forum activities, events and discussions throughout the year. Civic Ledger will also contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues.
“We’re excited to welcome Civic Ledger to our 2021 cohort of Technology Pioneers,” says Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum. “Civic Ledger and its fellow pioneers are developing technologies that can help society solve some of its most pressing issues. We look forward to their contribution to the World Economic Forum in its commitment to improving the state of the world.”
“It’s a great privilege to be accepted as pioneer by the World Economic Forum,” said Civic Ledger’s Katrina Donaghy. “It is an acknowledgement that our approach to applying blockchain as an enabling technology for creating fair and sustainable ways of producing and distributing value laying the foundations for new markets to emerge. Our whole reason for existing is to look at old problems with new eyes and reimagine solutions that return the best to society, the environment, and the economy and we look forward to openly sharing our ideas with the Forum.”
For the first time in the community’s history, over 30% of the cohort are led by women. The firms also come from regions all around the world, extending their community far beyond Silicon Valley. This year’s cohort includes start-ups from 26 countries, with UAE, El Salvador, Ethiopia and Zimbabwe represented for the first time.
The diversity of these companies extends to their innovations as well. 2021 Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The full list of Technology Pioneers can be found here.
Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms.
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