GCEL led the keynote panel at the first ever B20 Digital Economy Conference in Istanbul – The Third Wave: Digital Economy and The Industrial Internet. The conference included more than 300 technology industry executives who will be invited by GCEL via an RFP to participate in a new USD 400 billion market opportunity to deliver the Digital Economy based on what the world’s citizens demand.
GCEL’s Co-Chairman Captain Samuel Salloum headed a distinguished panel of technology experts from Wipro Technologies, eBay, Intel, PayPal, Vestel, and Boeing. The panelists agreed that we must listen to the voice of the real economy participants at the ground level to determine the Digital Economy tools they need.
The panel also presented the results to date of GCEL’s G20 Nations Case Study along with the Turkey Shipment and Trade Efficiency Assessment—the first in Europe—that was completed in cooperation with TUSIAD, three Turkish ministries, and the Nielsen Company.
So far, 40% of the G20 citizens surveyed through the G20 Nations Case Study have defined what the Digital Economy should look like. The benefits from digitizing global trade include USD 3.7 trillion in annual trade cost reduction, USD 7.7 trillion in trade increase, and the creation of nearly 300 million new jobs.