Blockchains for Social Good

Prema Shrikrishna, World Bank Group and Michael Casey, MIT DIgital Currency Inititative

Can cryptocurrencies play a serious role in the world financial system? Here's a look at their potential in the global economy and the growing interest in potential applications for social good.

Prema Shrikrishna, IT Officer, Business Solutions, Technology Innovation Lab, World Bank Group

Prema Shrikrishna works at the World Bank Group’s Technology Innovation Lab, evaluating the feasibility of emerging technologies for solving real-world problems. For example, she has looked at the use of blockchain for pharma supply chains in low-capacity environments and for incentivizing skill development and traceability for palm oil in Asia. A MIT Sloan alum, she researched with the MIT Media Lab and MIT Internet Policy Research Initiative. Here, she worked with the Belt and Road Blockchain Consortium, writing a paper on the future of digital trade. She has also coauthored a paper on blockchain and its applicability for “plug and play” 3-D printing supply chains. Prior to moving to MIT, she led sustainable business operations for Fortune 500 companies in the fashion/retail, engineering, and telecom sectors in the Asia-Pacific region.

Michael Casey, Senior Advisor, MIT DIgital Currency Inititative

Michael Casey is a senior advisor at MIT Media Lab’s Digital Currency Initiative, where his research explores the potential for blockchain technology to advance economic inclusion and improve energy efficiency. He is also a senior lecturer at MIT’s Sloan School of Management, the chairman of CoinDesk’s advisory board, and a founding member of the Global Blockchain Business Council. Before joining MIT, Casey spent 24 years as a journalist. His career started at the West Australian, progressed through four different continents, and ended in New York, where he was a global economics columnist for the Wall Street Journal. He is a frequent public speaker, a regular media commentator and the author of five books, the latest being The Truth Machine: The Blockchain and the Future of Everything, written with Paul Vigna. Casey is a graduate of the University of Western Australia and has higher degrees from Curtin and Cornell universities.

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