Teamwork divided the task and multiplies the success. Teamwork creates winners, winners work together. Teamwork – Divides the work and multiplies the success! Team means Together Everyone Achieves More. Talent wins games, Teamwork wins Championships! Talent wins games, but team work and intelligence wins championships. And the only way to do that is to overcome our need for invulnerability. Remember, teamwork begins by building trust. One man can be a crucial ingredient on a team, but one man cannot make a team. It is amazing what can be accomplished when nobody cares about who gets the credit. Individual commitment to a group effort–that is what makes a team work, a company work, a society work, a civilization work. If everyone is moving forward together, then success takes care of itself. I invite everyone to choose forgiveness rather than division, teamwork over personal ambition. I am a member of a team, and I rely on the team, I defer to it and sacrifice for it, because the team, not the individual, is the ultimate champion. Working together is success.Ĭoming together, sharing together, working together, succeeding together.ĭon’t wear your team’s colors – bleed them. Ask what you can do for your teammates.Ĭollaboration allows teachers to capture each other’s fund of collective intelligence.Ĭoming together is a beginning. These taglines aim to foster a collaboration of individuals to work together.Ī boat doesn’t go forward if each one is rowing their own way.Ī job worth doing is worth doing together.Ī single arrow is easily broken, but not ten in a bundle.Īll the talent in the world won’t take you anywhere without your teammates.Īlone we can do so little, together we can do so much.Īnything is possible when you work as a team.Īsk not what your teammates can do for you. With this in mind, the G20 TechSprint Initiative is a great opportunity for bright and ambitious young individuals as well as mature and well-established firms to show off their best potential and bring the most innovative and applicable solutions in CBDCs," said Juda Agung, Bank Indonesia Deputy Governor.A listing of the best catchy teamwork slogans known. The best way for central banks to prepare for this future of payments is to explore, experiment, conduct proofs of concept, pilot and develop CBDCs. In practice, we need to understand how policy goals, practical issues and technology intersect. "While the need to explore CBDC is inevitably high for central banks, design choices are still unresolved. We look forward to seeing the fully developed solutions," said Ross Leckow, Acting Head of the BIS Innovation Hub. This highlights the G20 TechSprint's role in bringing together innovators and the central banking and regulatory community. The proposals from the finalists offer unique and innovative technology solutions that could allow CBDCs to be widely adopted. "CBDCs have been attracting strong interest from central banks around the world. The shortlisted teams range from large global corporations to more specialised fintechs. The 21 finalists were selected from around 100 participating teams from more than 15 countries and jurisdictions. Winners for each of the three categories will be announced in October ahead of the G20 Summit. The shortlisted teams now have until the end of August to complete their prototypes, which will then be judged by an independent expert panel convened by Bank Indonesia. They also participated in a CBDC Masterclass to glean practical insights into some of the CBDC experiments under way at the BIS Innovation Hub. The problem statements prompted participants to develop solutions to build effective and robust means to issue, distribute and transfer CBDCs to enable financial inclusion and to improve interoperability and better connect payment systems.Īs part of the Indonesia Digital Economy and Finance Festival ahead of the meeting of G20 Finance Ministers and Central Bank Governors, the shortlisted teams demonstrated their solutions to Bank Indonesia, the BIS and experts invited from central banks around the world. The BIS Innovation Hub and Bank Indonesia published three operational challenges and invited a wide range of stakeholders, including innovators, entrepreneurs, developers, data scientists and telecommunications experts worldwide to develop innovative technological solutions to them. The 2022 competition was launched in April. The Bank for International Settlements (BIS) and Bank Indonesia, under the Indonesian G20 Presidency, today announced the shortlisted finalists for the G20 TechSprint challenge on central bank digital currencies (CBDCs). Winners to be announced in October ahead of G20 Summit.Competition attracted proposals from a diverse range of competing organisations and teams.Twenty-one teams have been shortlisted, out of almost 100 teams worldwide.
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