Economists DiscussFutureFinance & Digital Money at York Event

An event slated to be held at the Citi building in New York City on the 25th of June will feature renowned economists discussing the future of the financial market and the expansion of digital money, according to a Thursday announcement.

This event is a part of the Imperial College Business School’s Global Vision series, a line-up of talks taking place around the world that explore the ever-changing and developing challenges that face the worldwide economy.

Incoming Executive Director of the Brevan Howard Centre at Imperial College Business School Professor Franklin Allen will be delivering his keynote speech on the topic, and both Imperial and Citi will be presenting something they call the Digital Money Readiness Index, a scale that’s been developed to better understand world readiness for digital money adoption in ninety countries around the world.

“We are very excited to continue our international series and present the diverse financial thought leaders participating in our New York event, as well as unveil our Digital Money Readiness Index,” said Professor G. ‘Anand’ Anandalingam, Dean at the Imperial College Business School. “I’m particularly pleased to welcome Professor Franklin Allen to his inaugural event with Imperial College Business School.”

One of the programs at the event will be entitled “Virtual Currencies: Fad or Future,” taking place from 6:30 pm – 7:00 pm, in which SecondMarket/Bitcoin Investment Trust CEO Barry Silbert will serve as a panelist.

This particular panel, which also features panelists from MIT and Citi will discuss and debate the upsides and downsides of digital currency like bitcoin.

It’s certainly poised to be an interesting event, particularly for the fact that digital currency is a talking point. We’ve seemingly come to a point in which major financial institutions have come to a point in which they recognize that digital currency is here to stay.