WSBA WORKING GROUPS
Working Groups are key to the WSBA's mission to guide and promote comprehensive adoption of blockchain and cryptoassets across global markets. Our educational activities, including Webcasts, Roundtables and other events are created in close cooperation with working group members.
Working Groups allow members to share information, insights and experiences to enable strategic decisions that best serve the global markets and enterprises. To focus expertise and maximize collaboration, we have created the following Working Groups:
- Accounting - In conjunction with our global partners at the Association of International Certified Professional Accountants (AICPA) and CPA.com, the WSBA Accounting Working Group (AWG) focuses on the rapidly emerging, evolutionary changes that blockchain and cryptoassets will bring to the accounting and audit professions.
- Cryptoassets - The Cryptoassets Working Group (CWG) focuses on all aspects of these native assets, such as Bitcoin, as well as the intersection of crypto with global financial markets. In addition to educational activities and discussions covering cryptoeconomics, trading, portfolio management and more, the CWG works with partners such as Brave New Coin to bring members the latest tools and analytics about the growth of cryptoassets in global markets.
- Enterprise Solutions - The Enterprise Solutions Working Group (EWG) focuses on the progress and challenges of real-world adoption of blockchain technology. The EWG regularly reviews prototypes and use cases across industries as diverse as banking, supply chain, digital media, healthcare and more. In addition to regular industry guest speakers and presentations, the EWG has workstreams dedicated to sharing proposed best practices and guidelines for enterprise adoption, as well as crowdsourced, collaborative efforts to share new innovations, vendor solutions and tool sets to aid WSBA members in their various roles.
- Legal - Lawyers need to be knowledgeable about blockchain technology, distributed ledgers and smart contracts in order to be able to advise clients on what risks may be associated with them and to help them strategize on their utility. The Legal Working Group (LWG) comprises lawyers that have an interest in blockchain technology, cryptoassets and smart contracts, to recognize the potential they offer for the global markets and understand the challenges they pose. The specific goal of the group is to promote legal thought leadership about distributed ledgers/smart contracts and to act as an educational forum to discuss some of the challenges we are seeing now, or that we expect we will be seeing.
- Real Estate - The Real Estate Working group (RWG) focuses on emerging uses of blockchain technology and cryptoassets for the global commercial real estate industry. With the industry learning that blockchain-based smart contracts can potentially transform core transactions such as purchase, sale, financing and more, leading the dialogue for industry with colleagues will be critical for development of the ecosystem. By extension, the RWG also focuses on the growing field of “tokenization” or “token-economics”, which guide the digital development of real-world assets, such as art, collectibles, wine and more.
- Technology and Product - The Technology & Product Working Group (TWG) sits at the nexus of education, ideas and engagement for the buy-side, sell-side, business and technology executives looking to leverage blockchain technology solutions as a strategic part of their firms and their roles. The TWG works to identify, categorize, aggregate and align business needs and opportunities, with evolving vendor innovations and technology drivers, for the purpose of facilitating new capabilities, products and services. This Working Group also acts as the conduit for our partnerships with global blockchain technology providers, including Accord Project, Hyperledger, IBM, R3 and more.