Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
We’ve always known Malta as the ultimate traveler’s paradise in the Mediterranean. Its rugged islets, rolling hills, centuries old cathedral, and beaches have attracted millions of tourists from all over the world. But do you know that there’s actually another reason to visit Malta other than nature’s wonders?
In 2018, it was reported that Malta just sealed itself as the world’s Blockchain Island to the excitement of local and international business owners. During the Malta AI & Blockchain Summit last November, the Maltese government issued three bills supporting the cryptocurrency industry in the island. The success of the previous event is enough reason for you to visit Malta this May 23-24, 2019. On top of this, here are more reasons for you to plan your vacation in time for the Summit.
Blockchain Trading in Malta Gains Government Support
The Maltese Government has been supportive of the crypto and blockchain based industries from the start. In fact, it has already put in place policies that back up industries and companies involved in blockchain. The government also has bills that make it conducive for companies offering crypto-based products and solutions, such as for the supply chain logistics.
Besides, the issuance of initial coin offering in Malta or ICO has been considered a successful campaign, allowing entrepreneurs to raise capital and fund their ongoing projects. With the ICO, business owners can use blockchain assets to purchase or sell shares. ICO can also be used as investment funds and digital currencies.
Extend Your Holidays
If you’ve been here in Malta for just a couple of days, participating the Malta Business Summit might just be the perfect time for you to extend your vacation. You can spend a little more time here and visit other road-less-taken destinations aside from those usual ones.
As a usual traveler, you might have a different perspective about Malta on your usual trips. But touring the island after the Summit will surely give you a fresh perspective about the country.
Take Advantage of Networking Opportunities
Are you looking forward to start your own business soon? Or are you in the process of stabilizing your business? Whether you’re in business just for a couple of months or years already, you can surely find new friend who can guide you in your journey to entrepreneurship. If you’re a foreigner, you can also meet and talk with local business owners about the possibility of establishing your own blockchain-based company in Malta. Remember, you’re really just one event away from an amazing mentor or business partner.
Learn and Explore New Horizons From the Blockchain Summit Speakers
Lastly, attending Malta’s upcoming Blockchain Summit can give you loads of tips and guides on how best to leverage cryptocurrency for business. During the event, you can listen to some of the world’s leading ecommerce experts. The event will also feature representatives from the government who’ll explain the legal framework of using blockchain for business.
The event will be graced by no less than the Prime Minister of Malta, Hon. Joseph Muscat, and Hon. Silvio Schembri, the Parliamentary Secretary for Financial Services. You’ll also hear from Sophia the Robot, the first human-like robot to receive citizenship. The following are some of the speakers to watch out during the event:
-
PATRICK CHANG – Director, Ventures - Samsung NEXT
-
BROCK PIERCE – Chairman of the Board The Bitcoin Foundation
-
H.E. KHURRAM SHROFF – Chairman - IBC Group Limited
-
LORD J. MARLAND – Chairman Commonwealth Enterprise and Investment Council
-
BEN PARR – Co-Founder & President - Octane AI
-
ERIC VAN DER KLEIJ – CEO - Centre for Digital Revolution
You can also expect investors to flock the event as they meet, greet, and share about their experience in digital businesses and cryptocurrency.
If you’ve considered Malta as a primary tourist destination in the past, you’ll have more reasons to love this Mediterranean paradise with the blockchain industry slowly taking roots and flourishing. Have your vacation during the third week of May and get a chance to witness one of the country’s business events. Whether you’re already a business owner or are still thinking about starting a business, visiting Malta during the Blockchain Summit can serve as your entry point in the blockchain industry.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.