“A sense of crisis is your best friend. Never let a crisis go waste,” the World Bank President said.

On March 5th, 2024, World Bank Group President, Ajay Banga, and Hans Vestberg, Chairman and CEO of Verizon, were guest panelists at the Global Digital Summit in Washington D.C., discussing “the power of digital technologies to accelerate poverty reduction on a livable planet and how the public and private sectors can collaborate to accelerate this mission.”

The World Bank added that the summit ‘highlighted forward-thinking perspectives, cutting-edge technologies, and new insights centered on three pillars: (1) Connect, (2) Innovate, and (3) Transform.”

Banga began by explaining in a long introduction what the World Bank is all about, and the investments they make; a big one and great point of emphasis in recent years being investing in “digital.” With the digital landscape transforming so rapidly, Banga believes that these new investments in the digital space is needed for “governance.” He said, “I think that if governments embrace digital, they create transparency, they create clean governance, they create citizen engagement, and I think that is a very important part of digital that we are keen to be a part of.”

Later in the conversation Banga was asked how they should go pitching their emphasis on governments making deeper and long term investments to build a sustainable digital framework. One of these things includes “a sense of crisis,” he claims.

A sense of crisis is your best friend. Never let a crisis go waste. A sense of crisis is your best friend in getting people to agree to tackle this triangle, along with the enabling tool of technology and the biggest headroom is geopolitics and fractionizing of the global order. That’s why I believe in digital for us.

He said

Vestberg would later follow-up by saying, “we have the common goal that it shouldn’t matter where you’re born or where you come from or who you are, that you should be part of our digital society and all the benefits that some of us had when we were born.”

In response to that Banga replied, “I think providing infrastructure is a core element. But on top of that, creating a digital identity platform for citizenry is kind of foundational. I believe your government should be the owner of your digital ID.” Vestberg agreed: “Absolutely, 100%,” he remarked.

Following those remarks, Banga went to explain how the digital ID should be connected with their citizens, and the government’s role to play in them.

Private companies should not own that. It is the social contract of a citizen with their country to have an identity, a currency and safety. You should not take that away from them. They should have the digital identity. That digital identity should guarantee the privacy of that citizen. It should help them with their security, but the government should give the identity.

Once you do that, then connecting them to the infrastructure that a private company, whether Ericsson or Verizon or combinations of them, in fact, mostly it’s a combination, can build.

Then the question is, what do you do with it that requires that digital ID so you can start connecting with that citizen? Now the question is, when you connect with that citizen, you must ensure that governments guarantee the privacy of that citizen, because if you don’t do that, you will run into trouble with the acceptance of the idea. If you want this to be embraced around the world, yes, get the infrastructure, get a digital ID. That’s what we used to talk about even earlier. Get that going and then move from there.

Banga explained

In the closing minutes of the discussion, Vestberg did want to emphasize that this digital inclusivity is just optional for those who want to be apart of it, which they hope to have ready by 2030.

He said: “There’s still going to be, I think, a portion of our population that’s going to be outside the grid because they choose to be outside. They don’t want to be in part of it, and that’s fine. But for anybody who wants to be part of the digital inclusion, digital society, we should provide for that.

“And hopefully, when we sit there, 2030, everyone that wants to be part of our digital society, they should be part of it and have access to the most fundamental services that a citizen, a person on this planet, should have. And that’s my goal, way above my daily work at Verizon,” he noted.

Countries such as Australia are at the forefront of implementing national digital IDs. Last month the country’s Senate passed a bill to amend and proceed with the digital ID rollout. Australia has also been greatly leading the pack in transforming into a completely digital and cashless society, with hardly anyone using physical tender anymore.


AUTHOR COMMENTARY

And yet this digital ID thing, not surprisingly, has already shown major flaws. In November I reported how India’s national digital ID system called Aadhaar got hacked, and roughly 815 million Indian’s very personal and unique data was uploaded to the dark web for tens of thousands at ransom.

In order for CBDCs to be implemented, the digital IDs need to be in place. SEE: Must Read: Top Economist And Professor Reveals That Central Banks Want To Microchip People So They Can Administer CBDCs

1 Samuel 23:22 Go, I pray you, prepare yet, and know and see his place where his haunt is, and who hath seen him there: for it is told me that he dealeth very subtilly.

These elites keep trying to gaslight us with all these hues and cries that it’ll be optional – yeah, maybe initially; but how long before it’s mandated, like we know they will eventually?


[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).

The WinePress needs your support! If God has laid it on your heart to want to contribute, please prayerfully consider donating to this ministry. If you cannot gift a monetary donation, then please donate your fervent prayers to keep this ministry going! Thank you and may God bless you.

CLICK HERE TO DONATE

1,029 Comments

  • You can definitely see your expertise in the work you write. The world hopes for even more passionate writers like you who aren’t afraid to say how they believe. Always follow your heart.

  • hi!,I like your writing so much! share we communicate more about your article on AOL? I need an expert on this area to solve my problem. Maybe that’s you! Looking forward to see you.

  • Hi! Do you know if they make any plugins to assist with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good success. If you know of any please share. Cheers!

  • It’s the best time to make some plans for the future and it’s time to be happy. I’ve read this post and if I could I wish to suggest you few interesting things or tips. Perhaps you can write next articles referring to this article. I want to read more things about it!

  • Hello very cool site!! Man .. Beautiful .. Amazing .. I’ll bookmark your website and take the feeds additionallyKI’m happy to seek out so many useful info right here in the put up, we want develop more techniques on this regard, thanks for sharing. . . . . .

  • Hi would you mind sharing which blog platform you’re using? I’m going to start my own blog in the near future but I’m having a hard time deciding between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I’m looking for something unique. P.S Sorry for being off-topic but I had to ask!

  • Hi there are using WordPress for your site platform? I’m new to the blog world but I’m trying to get started and set up my own. Do you require any coding expertise to make your own blog? Any help would be really appreciated!

  • Im now not positive where you’re getting your information, but good topic. I must spend a while studying more or working out more. Thanks for excellent information I used to be on the lookout for this info for my mission.

  • I just wanted to write a simple remark to express gratitude to you for those nice suggestions you are showing on this website. My extended internet search has at the end of the day been rewarded with excellent facts to share with my family. I would suppose that we site visitors actually are really lucky to dwell in a useful site with so many wonderful people with very helpful hints. I feel really fortunate to have discovered your entire webpages and look forward to so many more entertaining minutes reading here. Thanks a lot once again for everything.

  • Woah! I’m really digging the template/theme of this blog. It’s simple, yet effective. A lot of times it’s challenging to get that “perfect balance” between usability and visual appearance. I must say you’ve done a amazing job with this. In addition, the blog loads very fast for me on Internet explorer. Outstanding Blog!

  • An impressive share, I just given this onto a colleague who was doing somewhat analysis on this. And he in actual fact bought me breakfast as a result of I discovered it for him.. smile. So let me reword that: Thnx for the deal with! But yeah Thnkx for spending the time to debate this, I really feel strongly about it and love studying extra on this topic. If doable, as you turn into expertise, would you mind updating your weblog with extra details? It is highly helpful for me. Large thumb up for this weblog submit!

  • Woah! I’m really enjoying the template/theme of this website. It’s simple, yet effective. A lot of times it’s tough to get that “perfect balance” between usability and appearance. I must say you have done a amazing job with this. Also, the blog loads super fast for me on Chrome. Exceptional Blog!

  • I know this if off topic but I’m looking into starting my own weblog and was wondering what all is needed to get set up? I’m assuming having a blog like yours would cost a pretty penny? I’m not very internet smart so I’m not 100 positive. Any recommendations or advice would be greatly appreciated. Appreciate it

  • I found your blog site on google and check a couple of of your early posts. Proceed to keep up the superb operate. I simply extra up your RSS feed to my MSN Information Reader. Searching for forward to studying more from you afterward!…

  • Excellent site. Lots of helpful information here. I am sending it to some pals ans additionally sharing in delicious. And of course, thanks in your effort!

  • There are some fascinating closing dates on this article however I don’t know if I see all of them center to heart. There is some validity but I will take hold opinion until I look into it further. Good article , thanks and we would like more! Added to FeedBurner as properly

  • A person essentially help to make seriously articles I would state. This is the very first time I frequented your web page and thus far? I amazed with the research you made to make this particular publish incredible. Magnificent job!

  • Hello there! I know this is somewhat off topic but I was wondering which blog platform are you using for this site? I’m getting sick and tired of WordPress because I’ve had issues with hackers and I’m looking at options for another platform. I would be awesome if you could point me in the direction of a good platform.

  • I do agree with all of the ideas you have presented in your post. They’re really convincing and will certainly work. Still, the posts are very short for newbies. Could you please extend them a little from next time? Thanks for the post.

  • Thank you, I’ve just been looking for information about this subject for a long time and yours is the best I have came upon so far. However, what about the bottom line? Are you certain in regards to the source?

  • Today, I went to the beachfront with my kids. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!

  • Whats Happening i’m new to this, I stumbled upon this I have discovered It absolutely helpful and it has aided me out loads. I’m hoping to contribute & assist different users like its aided me. Good job.

  • hello there and thank you to your information – I’ve certainly picked up something new from proper here. I did alternatively experience some technical points the usage of this site, as I experienced to reload the website many instances previous to I may get it to load correctly. I have been wondering if your web hosting is OK? Not that I’m complaining, but slow loading circumstances instances will very frequently impact your placement in google and could injury your high-quality score if advertising and ***********|advertising|advertising|advertising and *********** with Adwords. Well I’m adding this RSS to my email and could look out for a lot extra of your respective interesting content. Make sure you update this once more very soon..

Leave a Comment