A blockchain-based digital economy facilitating the emergence of a truly collaborative global economy highlights the need for a collaborative multi-stakeholder and international approach to developing a legal approach that protects the rights of citizens across countries without stifling innovation.

Furthermore, it is of critical importance to ensure that global technological innovations such as blockchain on a large scale will be harnessed for the advancement of human rights and will lead to sustainable development, rather than contributing to amplifying national inequalities or aggravating environmental issues.

The joint strategies CyBT plans to deliver will openly support government policymakers and influential private sector players alike to implement and endorse proposed standards dealing specifically with these pressing issues that are global in scope, and can effectively ensure an advance in the right direction.