Delta Summit hears how Malta is ‘Blockchain Island’

Technology innovators from around the world have gathered in Malta for the Delta Summit.

More than 4,000 people are taking part in the three-day event, held at the impressive InterContinental Arena and Conference Centre in St Julian’s.

The conference was opened by Prime Minister Joseph Muscat, who told delegates: ‘Welcome to Blockchain Island’.

Malta earned the nickname after emerging as the first country in the world to offer clear guidelines and rules for blockchain industry players.

The island’s decision prompted two of the world’s largest cryptocurrency exchanges – Binance and OKEx – to relocate to Malta.

The Delta Summit features a busy agenda with top-notch speakers, inspiring stories of successful tech entrepreneurs and debates on the potential of emerging technology.

Malta’s parliamentary secretary for digital economy Silvio Schembri was among the keynote speakers to address the conference on Thursday.

He said Malta was currently leading the charge on blockchain.

He added: ‘This presents a major opportunity for Malta to host the first official conference launching Malta as a digital innovation centre.

‘As a country, our goal to make Malta the place for economic innovation.’

He said groundbreaking legislation will position Malta as a cutting-edge hub for companies seeking to develop this exciting technology.

Binance, the world’s largest cryptocurrency exchange, also announced a major partnership with the Malta Stock Exchange.

It plans to launch a new digital platform for security token trading in 2019.

Binance chief financial officer Wei Zho said: ‘This partnership will allow Binance and the Malta Stock Exchange to host traditional financial assets on blockchain technology through security tokens.

‘We look forward to bringing more innovations to Malta and further establishing our presence here.’

DELTA Summit

Welcome to the Blockchain Island! DELTA Summit

Publiée par MaltaGov sur Jeudi 4 octobre 2018

Read more: Delta Summit, Malta

Photos: Clifton Fenech, DoI Malta