This autumn, former U.S. president Bill Clinton will give a keynote speech at the Swell conference, a global payments tech event organised by Ripple. Attendees will be able to hear the former POTUS talk and take a Q &A session on 1st October in San Francisco and the session will be moderated by Gene Sperling, the National Economic Council Director and Advisory under both Presidents Clinton and Obama.
Ripple made the announcement in a blog post on 31st July, and explained the reason behind inviting the 42nd president: “At a time when groundbreaking technology and regulation were often on a collision course, President Clinton helped usher in a period of extreme growth and adoption of the Internet, shaping what it is today. He also established programs that bridged the “digital divide” and brought new technology to underserved communities around the world.”
Ripple also emphasised the fact that currently we are in a similar situation as we went through in the 1990s with the Internet. The blog post says that digital assets and blockchain technology are at an “impasse” despite “creating more financial inclusion and economic opportunity.” As it also says, “with this new technology comes potential for concern, requiring thoughtful policy to protect consumers from risk without hampering innovation.”
This year’s Swell program will also feature:
Financial services companies using blockchain technology in production
New market opportunity in remittances, e-commerce and corporate marketplaces
Frameworks for regulating digital assets across Europe, Asia and the Middle East
We look forward to hearing what Bill Clinton has to say about the crypto markets and blockchain. Somebody of his international fame may well have an impact on market sentiment and perhaps also boost the fortunes of Ripple’s own XRP. We will have to wait until October to find out.