Matthew GriffinFounder, President and Futurist, 311 Institute
G7 · G20governments advised
850+keynotes
102countries
17codexes
Finance and banking sessions forAfricaONEShawbrook BankStandard Chartered BankThe Institute of Internal AuditorsWolters KluwerCrown Prince Court
Featured inBloombergThe Wall Street JournalThe Telegraph
His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan and the Office of the Crown Prince Court of the UAE invited Matthew to present to the court, as part of the UAE's continued drive to explore emerging technologies and trends and understand their impact on global business, culture and society. The themes were blockchain and tokens, cryptocurrencies, NFTs and the metaverse.
Given the varied backgrounds of everyone involved, the first session introduced blockchain: how it works, its impact and trajectory, and the use cases that matter.
"In about 20 years or so, Metaverse 2.0 could finally help us build worlds and experiences that are indistinguishable from the real thing."Matthew Griffin, Abu Dhabi, February 2022
The second and third sessions covered cryptocurrencies, the future role of CBDCs, NFTs and their developing ecosystem, and the part tokens will play in reshaping every industry and transaction across the digital, physical and virtual worlds.
The final session turned to the metaverse. Matthew explained how, in about 20 years or so, Metaverse 2.0 could finally let us build worlds and experiences that are indistinguishable from the real thing.
The day ended with an in-depth discussion of the implications all of these will, or could, have for the UAE and its future vision.
311 Intelligence
What this means for your leadership team
Judge each technology on its own timeline.
Blockchain, crypto, NFTs and the metaverse arrive at different speeds. Treating them as one wave leads to poor timing.
Plan for tokens in everyday transactions.
Matthew argued tokens will reshape transactions across digital, physical and virtual worlds, not just in finance.
Take a long view of the metaverse.
The full vision, worlds indistinguishable from the real thing, is about 20 years away. Early bets need patient goals.
Three questions for your next leadership meeting
Which of our transactions could tokens change first?
What would a central bank digital currency mean for our customers?
What is our realistic timeline for virtual worlds in our sector?
The trends and technologies behind this session
From the 311 Starburst, the 311 Strategic Intelligence Unit’s map of the technologies and trends shaping the next 50 years.
A blockchain is a shared online record book. The 311 Starburst expects wide use around 2032.
How is cryptocurrency use changing?
The 311 Starburst tracks crypto use broadening across Asia, Latin America and the US as dollar stablecoins grow fast. It expects wide use around 2029.
What happened to the metaverse?
The 311 Starburst tracks metaverse hype fading into a slower build of shared virtual worlds, games and mixed reality spaces, with wide use around 2035.
How can 311 brief our leadership team on this?
Through a private executive briefing or leadership workshop, tailored to your sector, in person first.
Bring this to your leadership teamA private executive briefing or leadership workshop, tailored to your sector. In person first, anywhere in the world.
Analysis by the 311 Strategic Intelligence Unit, from Matthew Griffin’s session and 311 data.
If Matthew gave this session today
Hundreds of emerging technologies, and what they mean.
The codex explores hundreds of emerging technologies and their implications for global culture, industry and society, the same lens the court applied to blockchain, tokens and the metaverse.