For most of 2018, the cryptocurrency market struggled to maintain gains it had made in 2017. Leader Bitcoin saw its price drop to the low $3,000 level, often trading within a narrow range of $3,200-$4,200. The good news is crypto prices seem to have stabilized. With Bitcoin hovering around the $4,000 mark, the consensus is the market could be poised for a substantial move to the upside.
Regardless of what transpires in the cryptocurrency market, the Blockchain technology cat is out of the bag. The cryptocurrency industry simply exposed the power of a Blockchain registry. It didn’t take long for one industry after another to figure out the amazing applications Blockchain offers in a number of sectors. The reality is the world is embracing Blockchain technology, starting a new revolution in the world of data collection.
As the Blockchain sector continues its expansion across a large list of industries, curiosity is peaking about where things could be moving in the future. It’s for that reason event sponsor SiGMA – Summit of iGaming Malta has been putting forth what has become the technology summit of the year for the past couple of years.
The Blockchain Conference has become so popular that event coordinators have expanded the format to include semi-annual conferences. This year’s Malta A.I. & Blockchain Summits are scheduled to be held from May 23rd to 24th and November 7th to 8th, 2019. Given the success from last May’s conference, organizers are expecting more than 10,000 visitors, 400 exhibitors, and 1,000 investors in May 2019. The summit will be held at the Hilton Malta in Giljan, Malta. The list of participants is expected to include a number of the leaders in the Blockchain and A.I. sectors. The roster of special guests is slated to include Scott Stornetta, the world’s first robot citizen – Sophia, the Winklevoss twins, Malta’s Prime Minister, Abu Dhabi’s Royal Highness and the legendary John McAfee.
It’s no coincidence that this exciting semi-annual event’s organizers have chose Malta to play host to couple of the highest profile technology industries in the world. In recent years, Malta has actively been developing relationships with a number of cryptocurrency and Blockchain concerns, as well as a number of concerns from other related industries such as online gambling. Currently, some of the high-profile Blockchain companies that have moved operations to the industry friendly Malta include Binance, TRON, BigONE, Monaco and the latest soon to be resident OKEx.
The primary reason so many crypto and Blockchain companies are migrating in Malta’s direction has to do with the Government of Malta’s efforts to create a business-friendly environment. Aside from competitive tax rates and lenient corporate registration policies, the government has also altered its immigration policies to make it easier for companies in these industries to relocate key employees. All of this is quickly turning this beautiful country into the Crypto/Blockchain mecca of the world.
None of this should come as a surprise to anyone. Malta already used this recruitment model to become one of the leading regulators in the world for the online gambling industry. Aside from the UK Gambling Commission, a license from the Malta Gaming Authority has become one of the most sought-after licenses in the online gambling sector. Online casino players from the UK can check Casumo Casino, and they will find that this particular site is among the hundreds of online gambling operators that make up the growing Malta gaming community.
If anyone has an interest in learning more about any of these industries and its main players, the Malta A.I. & Blockchain Summits provides a great opportunity to become privy to the future related to some of the fastest growing sectors in the world.
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