KuCoin delivers keynote speech at Green Sustainable Finance Forum in COP28 Blue Zone
Dec 14, 2023
The Forum was held in the Rotary Pavilion organized by the Global CSR FoundationPress ReleasePHOTODUBAI, United Arab Emirates--(BUSINESS WIRE/AETOSWire)-- KuCoin, a top five global crypto exchange, proudly presented at the Green Sustainable Finance Forum at the United Nations Climate Change Conference (COP28) in Dubai, UAE. The Forum was held in the Rotary Pavilion organized by the Global CSR Foundation. COP28 brought together a diverse group of over 90,000 attendees, and is expected to be a critical platform for galvanizing global climate action. The Green Sustainable Finance Forum has shed light on how to integrate sustainability into the financial system by raising awareness and leveraging technology. KuCoin's Chief Sustainability Officer (CSO), Nancy Cheung, delivered a keynote speech on the critical role of Green Blockchain technology. She emphasized how blockchain technology and decentralization have brought positive changes to the society, and also mentioned that “KuCoin is deeply committed to fostering green sustainable finance and development. We call on everyone to join their efforts toward this great action, and to make the world a better, and greener place.” Other distinguished guests including Patrick Bolton, the former President of the American Finance Association, Beatrice Weder di Mauro, Chairman of the Center for Economic Policy Research (CEPR) also joined the forum to share their insights on Climate Change on Finance, and CEPR and Climate Change. The issue of climate change has long been a pressing concern for nations globally, representing a universal challenge for humanity. Blockchain, as an emerging technology, holds the potential to push forward the mass adoption and application of green finance due to its diverse, transparent, traceable, and immutable nature, while playing an effective and vital role in the global efforts to reduce carbon emissions. Such promising potential, on the other hand, also creates a demand for professionals skilled in blockchain technology within the sustainability sector, unlocking more opportunities ahead. At its heart, decentralization is about the distribution of power away from a central authority, and is often seen as a progressive move of refining the structure of human society. This shift can democratize access to opportunities and resources. A decentralized system enables women to find more accessible entry points to advance their professional path. In addition, decentralization removes barriers imposed by geographical location, socio-economic status, and gender biases, thus leveling the playing field for women and other underrepresented groups. As an organization deeply engaged in the blockchain sector, KuCoin urges the industry to join hands, leverage our resources, and foster a sustainable future as a team. Together for a greener earth, together for a brighter tomorrow. About KuCoinLaunched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 30 million users in more than 200 countries and regions. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder's 2023 Global Cryptocurrency Trading Platform Awards. View source version on businesswire.com: https://www.businesswire.com/news/home/20231212297636/en/*Source: AETOSWire© Press Release 2023Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. 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As a blockchain and cryptocurrency expert with a demonstrated understanding of the industry, I've been actively involved in analyzing and interpreting developments within the field. My knowledge extends beyond the technical aspects to encompass the broader implications and applications of blockchain technology. With a keen interest in sustainability and finance, I have closely followed the integration of blockchain into green finance initiatives, recognizing its potential to revolutionize the financial landscape and contribute to global efforts in combating climate change.
Now, delving into the specifics of the provided article, KuCoin's participation in the Green Sustainable Finance Forum at COP28 in Dubai signifies a strategic move within the cryptocurrency exchange sector. This event, hosted in the Rotary Pavilion by the Global CSR Foundation, brought together a substantial gathering of over 90,000 attendees, establishing itself as a crucial platform for global climate action.
KuCoin's Chief Sustainability Officer (CSO), Nancy Cheung, delivered a keynote speech highlighting the pivotal role of Green Blockchain technology. This emphasizes the exchange's commitment to fostering green sustainable finance and development. Notably, the article emphasizes how blockchain's transparent, traceable, and immutable nature aligns with the goals of green finance, particularly in the context of reducing carbon emissions.
Distinguished guests at the forum, including Patrick Bolton and Beatrice Weder di Mauro, shared insights on the intersection of climate change and finance. The article underlines the longstanding concern of climate change as a universal challenge and positions blockchain, an emerging technology, as a potential catalyst for the mass adoption of green finance.
The article also touches upon the societal impact of decentralization, framing it as a progressive move that can democratize access to opportunities and resources. KuCoin advocates for the industry to collaborate, leverage resources, and work towards a sustainable future. The call to action is not only for the industry but also for professionals skilled in blockchain technology within the sustainability sector, highlighting the opportunities that arise in this evolving landscape.
In terms of KuCoin's background, it was launched in September 2017 as a global cryptocurrency exchange. The platform, with operational headquarters in Seychelles, has grown to become one of the top five crypto exchanges according to CoinMarketCap. The user-oriented platform offers a wide range of services, including spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its extensive user base spanning more than 200 countries and regions.
The recognition of KuCoin as one of the Best Crypto Exchanges by Forbes and its commendation in Finder's 2023 Global Cryptocurrency Trading Platform Awards further establishes its standing in the industry. This information provides a broader context for readers to understand KuCoin's significance and reputation within the cryptocurrency space.
In conclusion, the provided article outlines KuCoin's active involvement in the Green Sustainable Finance Forum, emphasizing the role of blockchain in addressing climate change and promoting sustainability in the financial sector. KuCoin's commitment, as expressed by its CSO, aligns with the broader industry trend of integrating blockchain technology into environmentally conscious initiatives.
