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The World Economic Forum (WEF) in Davos, Switzerland, annually brings together global leaders and thinkers from various sectors to focus on global issues. As the crypto and blockchain world continues to push into the mainstream view, it too became a topic of discussion at the legacy event.

Cointelegraph Editor-in-Chief Kristina Lucrezia Cornèr moderated a panel on January 17, which addressed sustainability efforts in the blockchain industry.

Even though not all panelists come from the same background, they unanimously emphasized that education and learning are the main ways to foster sustainability in emerging technologies during the panel “The Emergence of Game-changing Technologies”.

The expert panel focused on sustainability in the blockchain industry through two lenses. One of them is in the “green” sense of the word – more energy efficient and sustainable For the environment. while the other speaks the long-term impact of the projects and initiatives in the great Web3 space.

Mark Mueller-Eberstein, CEO of business advisory firm Adgetec Corporation, pointed out that the industry suffer from “greenwashing”but verification standards that can be learned from blockchain can bring out the productivity of sustainability practices in the industry.

“Knowing that we can trust the data is extremely important. This is why I think blockchain in particular is so important.

He went on to say that educating the community, especially the next generation, will be “the cornerstone for all of us, as societies and individuals.”

Related: From games to piggy banks: educating the Bitcoin “miners” of the future

Christina Korp, President of Purpose Entertainment and Founder of SPACE for a Better World, also highlighted the importance of education for older generations with the example of a US Congressman over 70 who has begun train in artificial intelligence.

“How can all these people decide what happens with the laws, when they don’t even understand the technology or this new world? »

The CFO and Treasurer of the Hedera Foundation, Betsabe Botaitis, also spoke about trust as the foundation for a more sustainable industry, in particular, she said, because the blockchain industry can sometimes have a somewhat negative reputation.

“We have to be careful about this because it’s easy to think that a new idea can be funded immediately. And that’s not always the case. »

Botaitis used carbon credit tracking as an example of a niche of trust, where blockchain can be used for this transparency and verification.

“It’s such an honor to see how companies come together to really build this trust infrastructure, an immutable layer.”

Botaitis went on to say that creating and leaving a lasting legacy for the next generation is not just about wealth, but having a safe environment for that wealth and education, again, key.

“There is very, very little technology that is given for teaching wealth management. I think it’s the private sector that needs this education, the regulators and everyone else having this conversation.

Education continues to be a major touchpoint in the Web3 space, with many education-focused brands and initiatives users in parallel with technical developments.