Global Knowledge Partnership on Migration and Development (KNOMAD) recently announced that the Global Head of Infrastructure Innovation at Ripple, Dilip Rao will give a speech at an upcoming important event. It will take place at the World Bank. The Ripple representative will reportedly speak about the benefits of RipleNet at the event.
KNOMAD is an open, inclusive, multidisciplinary brain trust for the global migration community. The upcoming event will focus on Distributed Ledger Technology (DLT) for Payments Infrastructure Innovation. It will take place on November 29, 2018.
The official announcement stated that “the speaker will present the qualities of DLT that solve for fundamental paint points such as cost, speed, and transparency”.
Meanwhile, the initial announcement on the event by KNOMAD stated: “join us for a seminar to discuss how the Distributed Ledger Technology (DLT) is upending the way money is moved across borders. Learn how the technology can solve the cost, speed and transparency issue of money transfer”.
On his behalf, Rao commented on the recent news on his official Twitter page. The message reads: “honored to be invited by Global KNOMAD and World Bank who are pushing for cheaper and faster remittances”.
More About the Event
The official page of the event confirms the full title of “Distributed Ledger Technology (DLT) for Payments Infrastructure Innovation” for the event. It also informs that it will take place at the World Bank Main Building in Washington DC.
The message also provides a brief description of the event. It reads: “the seminar will discuss how DLT is upending the way people move money across borders today…” It also announced that the Discussant of the event will be Harish Natarajan; Lead Financial Sector Specialist, Finance, Competitiveness and Innovation Global Practice at World Bank. Additionally, the Chair is Dilip Ratha; Head of KNOMAD, Lead Economist, Migration and Remittances, Social Protection and Jobs Global Practice at World Bank.