Stellar Development Foundation’s CEO Denelle Dixon delivered a keynote address titled “Are You Listening? Building Trust in Innovation” on the Master Stage at Paris Blockchain Week. During her speech, she highlighted the issue of trust in innovation, referencing the findings of the Edelman Trust Barometer, a longstanding global survey assessing trust levels across various sectors. Dixon emphasized the pervasive trust deficit in the industry and beyond, stressing the critical importance of trust as the cornerstone of societal acceptance of innovation.
Drawing from the 2024 Edelman Trust Barometer, which revealed that 86% of respondents expressed concerns about the rapid and potentially negative changes brought about by technology, Dixon underscored that trust serves as the fundamental currency in fostering innovation acceptance. She urged conference participants to support innovators by expanding their perspectives on innovation and recognizing the diverse landscape of innovators.
Dixon pointed out that innovation thrives in areas where essential financial needs remain unmet, emphasizing the potential of blockchain technology to address these gaps and build trust by empowering individuals to solve their own challenges. She highlighted the transformative power of blockchain in breaking down barriers and catering to underserved populations, emphasizing the importance of aligning its use with its original purpose.
Additionally, Dixon encouraged industry leaders to prioritize delivering practical value to users through blockchain solutions, particularly in enhancing everyday financial services across market conditions. She cautioned against being sidetracked by speculative trends like the “memecoin frenzy,” emphasizing the need to focus on tangible utility to instill trust in blockchain applications.
In conclusion, Dixon called for a concerted effort within the industry to address real-world problems, ensuring that the impact of blockchain solutions is tangible and beneficial to individuals’ financial well-being. She emphasized the significance of creating trust through practical problem-solving and meaningful improvements in people’s lives.
About Stellar
Stellar operates as a decentralized, high-speed, scalable network supporting a range of financial products and services. Serving as both a cross-currency transaction platform and a digital asset issuance hub, Stellar aims to bridge global financial infrastructures. Financial institutions worldwide leverage the Stellar network for asset issuance and payment settlements, with over 7 million accounts and 10 billion operations processed to date. For additional details, please visit stellar.org.
About the Stellar Development Foundation
The Stellar Development Foundation (SDF) is a non-profit entity dedicated to advancing the growth and development of Stellar, an open-source network connecting global financial systems. Established in 2014, the Foundation plays a key role in maintaining Stellar’s codebase, supporting the technical and business communities leveraging the network, and advocating for regulatory engagement. With a mission to democratize access to the global financial ecosystem, SDF utilizes the Stellar network to unlock economic opportunities worldwide through blockchain technology. For more information, visit stellar.org/foundation.