AMMAN — The 20th
Jordan Economic Forum
kicked off on Sunday under the theme “Blockchain, Financial Innovation, and
Entrepreneurship”.
اضافة اعلان
The two-day forum is organized by the Afaq Media
Group, the
Jordanian Forum for Democracy and Economy, the Al-Aman Association
for Financial and Banking Awareness, and the Association of Banks in Jordan,
the Jordan News Agency, Petra, reported.
The forum tackles recent global challenges that
changed the investment and economic map, especially post-COVID, and the rapid
advancements in digital economy, as well as aspects related to Arab economies
and their capabilities and response to digital transformation.
Additionally, the forum discusses leveraging the
blockchain information recording technology in commercial and central banks,
and its benefits in the economic process, electronic payments, and financial
investment, and women empowerment in digital economy.
During the opening
session, the
Minister of Digital Economy Ahmed Hanandeh said the technological
shift in trade, industry, social communication and education methods, and the
use of Internet, has changed the traditional lifestyle, which made room for
major economies to develop.
According
to Jordan’s payment and monitoring methods, 130,000 Jordanians own virtual
currencies, he said, underlining the importance for Arab legislation and
strategies to keep pace with the virtual world and support electronic commerce,
artificial intelligence and virtual currencies, as well as research their
advantages and disadvantages.
Jordan, he noted, is a breeding ground for
entrepreneurship projects, constituting 23 percent of overall Arab
entrepreneurship, adding that 85 percent of the local economy depends on
start-up companies.
Hanandeh anticipated that 50 percent of today’s
jobs will not exist in the future due to digital transformation, but assured that
Jordan’s digital infrastructure is capable of managing the upcoming “most
advanced phase” of digital transformation.
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