Maltese Parliament has approved new crypto regulations, Palladium and Bittrex have prepared the first ICCO in the world, and Moon Zebra has launched the two-way crypto ATM – these and other news from blockchain hub are presented in the video digest.
https://youtu.be/MnqQq3yazGE
Topic: Blockchain & Bitcoin Conference Malta (Read 234 times)
Malta Independence Day Celebration: Reduced Price for Conference’s Tickets
On 21 September, Malta celebrates the national holiday – the Independence Day. The country has been under the British rule starting from the early 19th century and has gained its liberty in 1964. Today, it is the politically independent country and a leader of the modern movement – Blockchain revolution.
Maltese nation celebrates the holiday every year with numerous parades and festivals. Smile-Expo joins the celebration and offers a discount for the event’s tickets!
Price for 1 ticket on 17 – 23 September: 99 EUR.
Price for 1 ticket from 24 September: 220 EUR.
Celebrate the Independence Day of the top crypto hub with us!
Get tickets with discount ►►► https://malta.bc.events/?utm_source=PR_Marchuk&utm_medium=skidka_Malta&utm_campaign=bitcointalk.org
On 21 September, Malta celebrates the national holiday – the Independence Day. The country has been under the British rule starting from the early 19th century and has gained its liberty in 1964. Today, it is the politically independent country and a leader of the modern movement – Blockchain revolution.
Maltese nation celebrates the holiday every year with numerous parades and festivals. Smile-Expo joins the celebration and offers a discount for the event’s tickets!
Price for 1 ticket on 17 – 23 September: 99 EUR.
Price for 1 ticket from 24 September: 220 EUR.
Celebrate the Independence Day of the top crypto hub with us!
Get tickets with discount ►►► https://malta.bc.events/?utm_source=PR_Marchuk&utm_medium=skidka_Malta&utm_campaign=bitcointalk.org
Malta – How the Country Is Becoming the Main Crypto Island
Malta is considered to be one of the top 3 DLT-friendly countries in the world. Maltese authorities aim to transform the island into the global blockchain hub – they keep the doors open for the technology and let it embrace the country. Malta believes that it can become the main leader in the fintech world and actively takes actions to achieve its goal.
Maltese Government Welcomes Blockchain
For the dynamic development, DLT needs to be surrounded by encouraging laws and positive regulatory framework – and this is what the government of Malta is trying to achieve.
To attract more DLT-based startups to the country and set welcoming regulations, Malta’s authorities have passed three bills.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/binance-crypto-investors-to-launch-a-bank-in-malta-800x600.jpg
Malta Digital Innovation Authority Act, 2018
The MDIA bill is passed to create the Malta Digital Innovation Authority – an authority in charge of promoting and developing the DLT industry in the country. It sets to deal with certifying innovative technologies and register new services providers.
Innovative Technology Arrangements and Services Act, 2018
The ITAS bill defines the terms “innovative technology” and “innovative service.” It works hand in hand with MDIA – the authority makes a final decision if this or that technology can be considered innovative.
Virtual Financial Assets Act, 2018
The bill is passed to regulate the assets offerings – ICOs. The main rule for companies conducting token sales – to have a license. The bill includes the requirements for obtaining the license and launching initial coin offerings.
According to the member of the Parliament of Malta, Silvio Schrembi, new laws made the country to be the first one in creation of the legal certainty in the blockchain sector.
Maltese government supports the organization of blockchain events to increase the understanding of the technology among the population. Events gather leading crypto experts from all over the world who discuss the most topical issues regarding DLT. One of such upcoming conferences – Blockchain & Bitcoin Conference Malta, where specialists will discuss recent Maltese crypto regulations and innovative DLT applications.
How Blockchain Is Used on Malta
Malta is becoming the global blockchain hub by looking at the technology at the different angle – apart from the financial sphere, the country finds other industries where it applies the technology.
Transportation
In May 2018, the Maltese government has joined forces with the middleware DLT ecosystem Omnitude in order to develop a blockchain-based platform for the country’s transportation network. The aim of the cooperation – to make the transport more reliable and convenient.
Gaming
In March 2018, the Malta Gaming Authority has issued a document on how to apply blockchain to the gaming industry and how to use cryptocurrencies in casinos.
Education
In 2017, Malta’s authorities have announced the pilot version of the DLT-based academic certificate recording system. It allows learners to safely store their educational certificates and diplomas in the distributed ledger and share them with organizations from all over the world.
This year, in September, the University of Malta together with the Malta Information Technology Agency have launched a €300,000 blockchain scholarship fund for students of ICT, law, finance and engineering. This way, the government aims at providing financial aid to students willing to study the technology.
ICCO
Recently, the crypto exchange – Bittrex – has bought a 10 percent stake in Maltese DLT-based company Palladium. The aim of the ICO securities exchange Palladium – to host first world’s ICCO – initial convertible coin offering.
Businesses Move to Malta
Malta’s actions to develop DLT have already given results – high level of country’s technologies attracts companies from all over the world.
In March 2018, the major cryptocurrency exchange Binance has announced that it will open an office in Malta. The number one exchange by 24 hour volume on CoinMarketCap, regards the country as the developed one and plans to work with banks of Malta.
The other one of the largest exchanges in the world – OKEx – plans to move its headquarter to Malta as well. OKEx’s executives have already met with the Maltese government to discuss further cooperation.
Malta is the pioneer in accepting and developing the blockchain technology – it is confirmed by all the facts stated above. The country has already made numerous steps to become the blockchain leader and keeps surprising the world with its innovative DLT applications and developments.
Details about the event and registration – on the official website of the conference►►► https://malta.bc.events/news/malta-how-the-country-is-becoming-the-main-crypto-island-92494?utm_source=PR_Marchuk&utm_medium=novosti_Malta&utm_campaign=bitcointalk.org
Malta is considered to be one of the top 3 DLT-friendly countries in the world. Maltese authorities aim to transform the island into the global blockchain hub – they keep the doors open for the technology and let it embrace the country. Malta believes that it can become the main leader in the fintech world and actively takes actions to achieve its goal.
Maltese Government Welcomes Blockchain
For the dynamic development, DLT needs to be surrounded by encouraging laws and positive regulatory framework – and this is what the government of Malta is trying to achieve.
To attract more DLT-based startups to the country and set welcoming regulations, Malta’s authorities have passed three bills.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/binance-crypto-investors-to-launch-a-bank-in-malta-800x600.jpg
Malta Digital Innovation Authority Act, 2018
The MDIA bill is passed to create the Malta Digital Innovation Authority – an authority in charge of promoting and developing the DLT industry in the country. It sets to deal with certifying innovative technologies and register new services providers.
Innovative Technology Arrangements and Services Act, 2018
The ITAS bill defines the terms “innovative technology” and “innovative service.” It works hand in hand with MDIA – the authority makes a final decision if this or that technology can be considered innovative.
Virtual Financial Assets Act, 2018
The bill is passed to regulate the assets offerings – ICOs. The main rule for companies conducting token sales – to have a license. The bill includes the requirements for obtaining the license and launching initial coin offerings.
According to the member of the Parliament of Malta, Silvio Schrembi, new laws made the country to be the first one in creation of the legal certainty in the blockchain sector.
Maltese government supports the organization of blockchain events to increase the understanding of the technology among the population. Events gather leading crypto experts from all over the world who discuss the most topical issues regarding DLT. One of such upcoming conferences – Blockchain & Bitcoin Conference Malta, where specialists will discuss recent Maltese crypto regulations and innovative DLT applications.
How Blockchain Is Used on Malta
Malta is becoming the global blockchain hub by looking at the technology at the different angle – apart from the financial sphere, the country finds other industries where it applies the technology.
Transportation
In May 2018, the Maltese government has joined forces with the middleware DLT ecosystem Omnitude in order to develop a blockchain-based platform for the country’s transportation network. The aim of the cooperation – to make the transport more reliable and convenient.
Gaming
In March 2018, the Malta Gaming Authority has issued a document on how to apply blockchain to the gaming industry and how to use cryptocurrencies in casinos.
Education
In 2017, Malta’s authorities have announced the pilot version of the DLT-based academic certificate recording system. It allows learners to safely store their educational certificates and diplomas in the distributed ledger and share them with organizations from all over the world.
This year, in September, the University of Malta together with the Malta Information Technology Agency have launched a €300,000 blockchain scholarship fund for students of ICT, law, finance and engineering. This way, the government aims at providing financial aid to students willing to study the technology.
ICCO
Recently, the crypto exchange – Bittrex – has bought a 10 percent stake in Maltese DLT-based company Palladium. The aim of the ICO securities exchange Palladium – to host first world’s ICCO – initial convertible coin offering.
Businesses Move to Malta
Malta’s actions to develop DLT have already given results – high level of country’s technologies attracts companies from all over the world.
In March 2018, the major cryptocurrency exchange Binance has announced that it will open an office in Malta. The number one exchange by 24 hour volume on CoinMarketCap, regards the country as the developed one and plans to work with banks of Malta.
The other one of the largest exchanges in the world – OKEx – plans to move its headquarter to Malta as well. OKEx’s executives have already met with the Maltese government to discuss further cooperation.
Malta is the pioneer in accepting and developing the blockchain technology – it is confirmed by all the facts stated above. The country has already made numerous steps to become the blockchain leader and keeps surprising the world with its innovative DLT applications and developments.
Details about the event and registration – on the official website of the conference►►► https://malta.bc.events/news/malta-how-the-country-is-becoming-the-main-crypto-island-92494?utm_source=PR_Marchuk&utm_medium=novosti_Malta&utm_campaign=bitcointalk.org
Malta Independence Day: The Country’s Liberty in the Past and Today
21 September is the important day in the history of Malta. This day, in 1964, the country gained its independence from the United Kingdom. Today, on this date, the whole country celebrates the national holiday – Malta Independence Day. More than that, the island is independent not only politically – it is also giving freedom to technological development.
How Did the Country Gain Its Independence?
Malta had a long and complex history and has been under the British rule since the beginning of the 19th century.
The nation has bravely resisted to the Italian and German forces during the WWII and had the self-government established in 1947.
It helped the nation to create a movement for independence, which was quickly gaining pace. As a result, the nation gained independence in 1964, and became a republic ten years later.
Since that, the Maltese people celebrate the occasion every year – many annual ceremonies, parades, festivals and performances remind Malta about its heroic past.
The Independence of Malta Today
Today, Malta shows its independence in other ways apart from politics. The island has already become crypto hub and one of the most blockchain-friendly countries.
Currently, the world is experiencing the blockchain revolution, and Malta is one of the main leaders. Its government encourages the development of the technology and welcomes the creation of blockchain-based companies.
Maltese authorities have created the positive regulatory framework for the technology, and top businesses, such as exchanges Binance and OKEx, have moved to the island.
Also, the technology sees innovative applications in such spheres as transportation, gaming and education. More than that, Malta-based DLT company Palladium plans to launch first world’s ICCO – initial convertible coin offering.
The country hosts large-scale crypto events to introduce the technology to the nation. One of the upcoming conferences – Blockchain & Bitcoin Conference Malta on October 23, where crypto experts will talk about the recent Maltese DLT regulations and unique applications of the technology.
Due to the Malta Independence Day, the conference’s organizer – the company Smile-Expo – offers a discount for the event’s tickets!
Price for 1 ticket on 17 - 23 September: 99 EUR.
Price for 1 ticket from 24 September: 220 EUR.
The conference will be organized by Smile-Expo – the international company which has already held 44 crypto events in 25 countries.
More details about the event and registration – on the official website of the conference.
21 September is the important day in the history of Malta. This day, in 1964, the country gained its independence from the United Kingdom. Today, on this date, the whole country celebrates the national holiday – Malta Independence Day. More than that, the island is independent not only politically – it is also giving freedom to technological development.
How Did the Country Gain Its Independence?
Malta had a long and complex history and has been under the British rule since the beginning of the 19th century.
The nation has bravely resisted to the Italian and German forces during the WWII and had the self-government established in 1947.
It helped the nation to create a movement for independence, which was quickly gaining pace. As a result, the nation gained independence in 1964, and became a republic ten years later.
Since that, the Maltese people celebrate the occasion every year – many annual ceremonies, parades, festivals and performances remind Malta about its heroic past.
The Independence of Malta Today
Today, Malta shows its independence in other ways apart from politics. The island has already become crypto hub and one of the most blockchain-friendly countries.
Currently, the world is experiencing the blockchain revolution, and Malta is one of the main leaders. Its government encourages the development of the technology and welcomes the creation of blockchain-based companies.
Maltese authorities have created the positive regulatory framework for the technology, and top businesses, such as exchanges Binance and OKEx, have moved to the island.
Also, the technology sees innovative applications in such spheres as transportation, gaming and education. More than that, Malta-based DLT company Palladium plans to launch first world’s ICCO – initial convertible coin offering.
The country hosts large-scale crypto events to introduce the technology to the nation. One of the upcoming conferences – Blockchain & Bitcoin Conference Malta on October 23, where crypto experts will talk about the recent Maltese DLT regulations and unique applications of the technology.
Due to the Malta Independence Day, the conference’s organizer – the company Smile-Expo – offers a discount for the event’s tickets!
Price for 1 ticket on 17 - 23 September: 99 EUR.
Price for 1 ticket from 24 September: 220 EUR.
The conference will be organized by Smile-Expo – the international company which has already held 44 crypto events in 25 countries.
More details about the event and registration – on the official website of the conference.
Say good-bye to summer with discounts! First 50 tickets to Blockchain & Bitcoin Conference Malta for 99 EUR each
A scorching discount within the last summer days! Only 50 tickets to Blockchain & Bitcoin Conference Malta at the hot price: 99 EUR!
https://c.radikal.ru/c20/1809/36/be60dbf1f1de.jpg
No promotion codes: just enter the registration page and buy tickets cheaper! The special offer will be available from August 28 to September 5.
Discounted ticket price: 99 EUR.
Common price: 130 EUR.
Source: https://malta.bc.events
A scorching discount within the last summer days! Only 50 tickets to Blockchain & Bitcoin Conference Malta at the hot price: 99 EUR!
https://c.radikal.ru/c20/1809/36/be60dbf1f1de.jpg
No promotion codes: just enter the registration page and buy tickets cheaper! The special offer will be available from August 28 to September 5.
Discounted ticket price: 99 EUR.
Common price: 130 EUR.
Source: https://malta.bc.events
Bitcoin Garden: Interview with Yael Matar, CCO at VeganNation
https://bitcoingarden.org/interview-with-yael-matar-cco-at-vegannation/
She was often asked why her Silicon Valley startup didn’t use blockchain. After some thinking, she decided to give it a try, and then just fell in love with DLT. That was the beginning of a story of success involving a blockchain and cryptocurrency strategist, storyteller, speaker, board advisor and mentor – Yael Tamar.
We’ve talked to Yael about her first steps in blockchain, her VeganNation project, and discussed marketing in the crypto industry.
Yael Tamar will be a speaker at Blockchain & Bitcoin Conference Malta on October 23. She will make a presentation about blockchain use cases in various segments....
https://bitcoingarden.org/interview-with-yael-matar-cco-at-vegannation/
She was often asked why her Silicon Valley startup didn’t use blockchain. After some thinking, she decided to give it a try, and then just fell in love with DLT. That was the beginning of a story of success involving a blockchain and cryptocurrency strategist, storyteller, speaker, board advisor and mentor – Yael Tamar.
We’ve talked to Yael about her first steps in blockchain, her VeganNation project, and discussed marketing in the crypto industry.
Yael Tamar will be a speaker at Blockchain & Bitcoin Conference Malta on October 23. She will make a presentation about blockchain use cases in various segments....
From Ireland to Singapore: Malta conference to bring together experts from 10 countries
https://d.radikal.ru/d02/1807/f3/8b7c76446e37.jpg
The second Blockchain & Bitcoin Conference Malta will take place on October 23 in the ancient city of Mellieha. According to its organizers, the international event company Smile-Expo, the conference will involve 28 blockchain experts from 10 countries, who will make presentations and be moderators and participants of the panel discussion.
Ireland, China, Switzerland, the USA, the UK, Singapore, Germany, Hong Kong, Spain – here is the list of countries represented by foreign speakers. Let’s talk briefly about experts from each country and issues they are ready to share with participants of Blockchain & Bitcoin Conference Malta.
Ireland: Patrick O’Brien. Communications Director at Exante, a major broker operating with cryptocurrencies as well. Patrick is the author of op-eds in The Times of Malta and The Mail and Money Magazine. Besides, he holds the honorary title of Journalist of the year.
China: Chuck Fleming, emeritus professor at University of Liverpool, co-founder of Nocturus Corporation. The startup is developing a blockchain-based analogue service to Booking.com. At Blockchain & Bitcoin Conference Malta, Chuck and other experts will discuss blockchain application areas.
Switzerland: Europe’s major financial state will be represented by Peter Mitchell and Chris Murrer. They are expert attorneys and partners at Baker & McKenzie Zurich with a long-standing experience in the international right. The speakers will discuss legal and legislative regulation of blockchain.
The USA: John Hargrave, CEO at Media Shower. It is a media platform for blockchain projects and ICOs. The expert is known by his own publications in Bitcoin Market Journal and presentations at numerous events dedicated to blockchain and online media.
The UK: Ismail Malik, blockchain enthusiast and CEO at BlockchainLab. The company develops decentralized technology solutions and consults firms desiring to join this sector. Ismail Malik is the author of publications about blockchain and head of the ICO CROWD media project.
Singapore: Stefano Virgilli, CEO at VOX. The company acts as an advisor to ICOs, employing innovative approaches to campaign launching. The speaker is known as a business mentor, innovation evangelist, and author of a book about marketing.
Germany: Kambiz Djafari. CEO at Edgecoin, a blockchain platform for buying and selling remote learning services. The expert has nine years of experience in online marketing, media, and telecommunications. At the conference, the speaker will tell the audience about the concept of education on blockchain.
Hong Kong: Juergen Hoebarth, CEO of Haexagon Concepts. The company focuses on digital marketing and content. Moreover, Juergen Hoebarth is the head of the project called ‘Student of Decentralization and Tokenization Economics’ (blockchain consultations and education).
Spain: Daniil Girdea, founder of Arcona Digital Land, a blockchain project merging together real and virtual worlds: a new world is created based on the real one using augmented reality technologies. At the conference, the speaker will be involved in the discussion about the blockchain application in the IoT (Internet of Things) sector.
Apart from foreign guests, the conference will engage 12 speakers from Malta: CEOs of blockchain companies, lawyers, as well as blockchain and ICO advisors.
The program of Blockchain & Bitcoin Conference Malta is already published on the website - https://bit.ly/2LhRFs2
Subscribe to the project news in order not to miss announcements of speakers and events!
Source:© Blockchain & Bitcoin Conference Malta https://bit.ly/2LhRFs2
https://d.radikal.ru/d02/1807/f3/8b7c76446e37.jpg
The second Blockchain & Bitcoin Conference Malta will take place on October 23 in the ancient city of Mellieha. According to its organizers, the international event company Smile-Expo, the conference will involve 28 blockchain experts from 10 countries, who will make presentations and be moderators and participants of the panel discussion.
Ireland, China, Switzerland, the USA, the UK, Singapore, Germany, Hong Kong, Spain – here is the list of countries represented by foreign speakers. Let’s talk briefly about experts from each country and issues they are ready to share with participants of Blockchain & Bitcoin Conference Malta.
Ireland: Patrick O’Brien. Communications Director at Exante, a major broker operating with cryptocurrencies as well. Patrick is the author of op-eds in The Times of Malta and The Mail and Money Magazine. Besides, he holds the honorary title of Journalist of the year.
China: Chuck Fleming, emeritus professor at University of Liverpool, co-founder of Nocturus Corporation. The startup is developing a blockchain-based analogue service to Booking.com. At Blockchain & Bitcoin Conference Malta, Chuck and other experts will discuss blockchain application areas.
Switzerland: Europe’s major financial state will be represented by Peter Mitchell and Chris Murrer. They are expert attorneys and partners at Baker & McKenzie Zurich with a long-standing experience in the international right. The speakers will discuss legal and legislative regulation of blockchain.
The USA: John Hargrave, CEO at Media Shower. It is a media platform for blockchain projects and ICOs. The expert is known by his own publications in Bitcoin Market Journal and presentations at numerous events dedicated to blockchain and online media.
The UK: Ismail Malik, blockchain enthusiast and CEO at BlockchainLab. The company develops decentralized technology solutions and consults firms desiring to join this sector. Ismail Malik is the author of publications about blockchain and head of the ICO CROWD media project.
Singapore: Stefano Virgilli, CEO at VOX. The company acts as an advisor to ICOs, employing innovative approaches to campaign launching. The speaker is known as a business mentor, innovation evangelist, and author of a book about marketing.
Germany: Kambiz Djafari. CEO at Edgecoin, a blockchain platform for buying and selling remote learning services. The expert has nine years of experience in online marketing, media, and telecommunications. At the conference, the speaker will tell the audience about the concept of education on blockchain.
Hong Kong: Juergen Hoebarth, CEO of Haexagon Concepts. The company focuses on digital marketing and content. Moreover, Juergen Hoebarth is the head of the project called ‘Student of Decentralization and Tokenization Economics’ (blockchain consultations and education).
Spain: Daniil Girdea, founder of Arcona Digital Land, a blockchain project merging together real and virtual worlds: a new world is created based on the real one using augmented reality technologies. At the conference, the speaker will be involved in the discussion about the blockchain application in the IoT (Internet of Things) sector.
Apart from foreign guests, the conference will engage 12 speakers from Malta: CEOs of blockchain companies, lawyers, as well as blockchain and ICO advisors.
The program of Blockchain & Bitcoin Conference Malta is already published on the website - https://bit.ly/2LhRFs2
Subscribe to the project news in order not to miss announcements of speakers and events!
Source:© Blockchain & Bitcoin Conference Malta https://bit.ly/2LhRFs2
Rather buy a ticket, now the price is very good:
https://d.radikal.ru/d03/1807/de/d596337828b9.jpg
Payment till 23.09.18. - 130 EUR
Payment from 24.09.18. - till 22.10.18. - 220 EUR
Payment on the day of event 23.10.2018 - 399 EUR
https://d.radikal.ru/d03/1807/de/d596337828b9.jpg
Payment till 23.09.18. - 130 EUR
Payment from 24.09.18. - till 22.10.18. - 220 EUR
Payment on the day of event 23.10.2018 - 399 EUR
How Blockchain Can Revolutionize Ocean Shipping
https://www.smileexpo.eu/public/upload/news/how_blockchain_can_revolutionize_ocean_shipping_15313839868516_image.jpg
International trade is a complicated process especially when it comes to sea freight. However, DLT is being implemented in the shipping industry for some time and already seems to revolutionize it. Let’s see how the technology is employed and what benefits it brings.
What are the advantages?
Decentralization brings transparency to ocean freight as the whole data is updated in real time ad is accessible to all supply chain partners.
Another big plus is that with the use of DLT, there is no need in physical paper documents anymore, therefore, the risk of duplication or loss is eliminated. It also makes the whole process more convenient as the ledger is the same for everyone.
Security is another important advantage since data can easily be verified and the fraud or hack risk is reduced.
How is it used?
DLT offers automatization of the whole transportation process. Documents are not exchanged physically but are rather shared and distributed between all different parties working in a period between the order is made and the product is delivered.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/rmseashipping_copy.jpg
What problems does it solve?
Currently, the main existing problems within the traditional shipping industry are the decreased efficiency and high costs. However, DLT helps to solve these difficulties.
First, the process is slow because of high amount of paper documents and time needed to exchange them.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/dreamstime_s_14769002.jpg
For example, every time cargo is received for shipping, shippers have to provide the special document called the bill of lading. The document states the origin of the container, what is inside, who picks it up and all other details. If there are thousands of containers, the amount of paperwork is huge. Here, DLT helps to automatically confirm each process, and documents can instantly be accessed by all parties.
Second, by making the process less complicated, shippers’ cost can be lowered as well.
Are there real-life examples?
• DLT for insurance
Gigantic shipping company Maersk was the first to use the blockchain-based marine insurance. For this aim, the organization partnered with Microsoft, EY and Blockchain Guardtime startup.
The platform was launched in May 2018, and Microsoft Azure helped with providing the technology. DLT will manage risk for over thousand vessels and will support over 500 000 transactions during the first year.
Then, Maersk plans to use DLT in applications with insurance companies MS Amlin and XL Catlin.
• Trial shipping from USA to China
In 2016, Commonwealth Bank of Australia, Wells Fargo and Brighann Cotton have decided to conduct a logistical and judicial experiment. Organizations partnered to complete a shipping of 88 cotton bales for $35 000 from USA to Chine using DLT, IoT and smart contracts.
Smart contracts helped to make the paying process easy and convenient, as the guaranteed payment could be made if all the agreed conditions are fulfilled. Also, the transportation was followed through the GPS navigation and special sensors provided information about the products’ conditions.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/1a.jpg
• Bill of Lading with DLT
In 2017, ZIM, a container shipping company from Israel, has reached a success with document exchange for paperless bills of lading. For the process, the blockchain-based software from Wave was used.
Direct exchange of files was ensured through the Wave’s application, which helped each party to be able to issue, transfer and manage documents.
Source: © Blockchain & Bitcoin Conference Malta © https://goo.gl/r3CVe6
https://www.smileexpo.eu/public/upload/news/how_blockchain_can_revolutionize_ocean_shipping_15313839868516_image.jpg
International trade is a complicated process especially when it comes to sea freight. However, DLT is being implemented in the shipping industry for some time and already seems to revolutionize it. Let’s see how the technology is employed and what benefits it brings.
What are the advantages?
Decentralization brings transparency to ocean freight as the whole data is updated in real time ad is accessible to all supply chain partners.
Another big plus is that with the use of DLT, there is no need in physical paper documents anymore, therefore, the risk of duplication or loss is eliminated. It also makes the whole process more convenient as the ledger is the same for everyone.
Security is another important advantage since data can easily be verified and the fraud or hack risk is reduced.
How is it used?
DLT offers automatization of the whole transportation process. Documents are not exchanged physically but are rather shared and distributed between all different parties working in a period between the order is made and the product is delivered.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/rmseashipping_copy.jpg
What problems does it solve?
Currently, the main existing problems within the traditional shipping industry are the decreased efficiency and high costs. However, DLT helps to solve these difficulties.
First, the process is slow because of high amount of paper documents and time needed to exchange them.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/dreamstime_s_14769002.jpg
For example, every time cargo is received for shipping, shippers have to provide the special document called the bill of lading. The document states the origin of the container, what is inside, who picks it up and all other details. If there are thousands of containers, the amount of paperwork is huge. Here, DLT helps to automatically confirm each process, and documents can instantly be accessed by all parties.
Second, by making the process less complicated, shippers’ cost can be lowered as well.
Are there real-life examples?
• DLT for insurance
Gigantic shipping company Maersk was the first to use the blockchain-based marine insurance. For this aim, the organization partnered with Microsoft, EY and Blockchain Guardtime startup.
The platform was launched in May 2018, and Microsoft Azure helped with providing the technology. DLT will manage risk for over thousand vessels and will support over 500 000 transactions during the first year.
Then, Maersk plans to use DLT in applications with insurance companies MS Amlin and XL Catlin.
• Trial shipping from USA to China
In 2016, Commonwealth Bank of Australia, Wells Fargo and Brighann Cotton have decided to conduct a logistical and judicial experiment. Organizations partnered to complete a shipping of 88 cotton bales for $35 000 from USA to Chine using DLT, IoT and smart contracts.
Smart contracts helped to make the paying process easy and convenient, as the guaranteed payment could be made if all the agreed conditions are fulfilled. Also, the transportation was followed through the GPS navigation and special sensors provided information about the products’ conditions.
https://www.smileexpo.ru/public/userfiles/news/%D0%93%D0%BE%D1%80%D0%B4%D0%B5%D0%B9%D0%BA%D0%BE/Litvin/1a.jpg
• Bill of Lading with DLT
In 2017, ZIM, a container shipping company from Israel, has reached a success with document exchange for paperless bills of lading. For the process, the blockchain-based software from Wave was used.
Direct exchange of files was ensured through the Wave’s application, which helped each party to be able to issue, transfer and manage documents.
Source: © Blockchain & Bitcoin Conference Malta © https://goo.gl/r3CVe6
Bitcoin Garden: Blockchain conference for fintech leaders: Blockchain & Bitcoin Conference will take place in Malta
https://bitcoingarden.org/blockchain-conference-for-fintech-leaders-blockchain-bitcoin-conference-will-take-place-in-malta/
On October 23, St. Julian’s will host Blockchain & Bitcoin Conference Malta – a large-scale event dedicated to blockchain, topical trends in the cryptocurrency market, and ICO projects. A single platform will gather the international crypto community, top blockchain developers, and business representatives.
Why Malta? The government of Malta actively works on the development of transparent and favorable laws in the field of blockchain industry regulation. There are plans to establish a special agency – a Digital Innovation Authority that would control and certify blockchain companies. Besides, DLT legislation is being drafted as well as a regulatory framework for ICOs.
The first draft law of the Digital Innovation Authority has already been introduced to the public. The paper received a very positive feedback from industry representatives. Not a single government has offered a comprehensive draft legislation to regulate the activity of blockchain platforms.
These steps have already given first results. Cryptocurrency exchanges Binance and Okex are relocating their headquarters to Malta. Senior management of such crypto companies as Monaco Card, BigONE, and Tron Foundation have also expressed intention to open offices on the island.
https://bitcoingarden.org/blockchain-conference-for-fintech-leaders-blockchain-bitcoin-conference-will-take-place-in-malta/
On October 23, St. Julian’s will host Blockchain & Bitcoin Conference Malta – a large-scale event dedicated to blockchain, topical trends in the cryptocurrency market, and ICO projects. A single platform will gather the international crypto community, top blockchain developers, and business representatives.
Why Malta? The government of Malta actively works on the development of transparent and favorable laws in the field of blockchain industry regulation. There are plans to establish a special agency – a Digital Innovation Authority that would control and certify blockchain companies. Besides, DLT legislation is being drafted as well as a regulatory framework for ICOs.
The first draft law of the Digital Innovation Authority has already been introduced to the public. The paper received a very positive feedback from industry representatives. Not a single government has offered a comprehensive draft legislation to regulate the activity of blockchain platforms.
These steps have already given first results. Cryptocurrency exchanges Binance and Okex are relocating their headquarters to Malta. Senior management of such crypto companies as Monaco Card, BigONE, and Tron Foundation have also expressed intention to open offices on the island.
Second large-scale Blockchain & Bitcoin Conference will kick off in Malta https://goo.gl/7Vfwbn
On October 23, St. Julian's will host https://goo.gl/7Vfwbn – a large-scale event dedicated to blockchain, topical trends in the cryptocurrency market, and ICO projects. A single platform will gather the international crypto community, top blockchain developers, and business representatives.
Why Malta
The government of Malta actively works on the development of transparent and favorable laws in the field of blockchain industry regulation. There are plans to establish a special agency – a Digital Innovation Authority that would control and certify blockchain companies. Besides, DLT legislation is being drafted as well as a regulatory framework for ICOs.
The first draft law of the Digital Innovation Authority has already been introduced to the public. The paper received a very positive feedback from industry representatives. Not a single government has offered a comprehensive draft legislation to regulate the activity of blockchain platforms.
These steps have already given first results. Cryptocurrency exchanges Binance and Okex are relocating their headquarters to Malta. Senior management of such crypto companies as Monaco Card, BigONE, and Tron Foundation have also expressed intention to open offices on the island.
What waits for guests?
Blockchain & Bitcoin Conference Malta is a B2B event held annually in the format of a conference and an exhibition area. In 2017, 400 guests attended the event, 16 top speakers gave presentations, and 20 companies presented their booths in the exhibition area. Among guests, one could find Maltese government officials and the President of the Free Republic of Liberland.
The international company Smile-Expo, the organizer, reports that in 2018, the conference program will be even more intense with new relevant discussion topics. Speakers will include global crypto experts, investors, developers, representatives of successful blockchain startups.
Furthermore, guests will be able to attend the exhibition area with booths of blockchain software developers, mining hardware, and related industry services.
Register to the conference now and pay €130 instead of €220 – a special ticket price if purchased by September 24.
https://goo.gl/7Vfwbn
On October 23, St. Julian's will host https://goo.gl/7Vfwbn – a large-scale event dedicated to blockchain, topical trends in the cryptocurrency market, and ICO projects. A single platform will gather the international crypto community, top blockchain developers, and business representatives.
Why Malta
The government of Malta actively works on the development of transparent and favorable laws in the field of blockchain industry regulation. There are plans to establish a special agency – a Digital Innovation Authority that would control and certify blockchain companies. Besides, DLT legislation is being drafted as well as a regulatory framework for ICOs.
The first draft law of the Digital Innovation Authority has already been introduced to the public. The paper received a very positive feedback from industry representatives. Not a single government has offered a comprehensive draft legislation to regulate the activity of blockchain platforms.
These steps have already given first results. Cryptocurrency exchanges Binance and Okex are relocating their headquarters to Malta. Senior management of such crypto companies as Monaco Card, BigONE, and Tron Foundation have also expressed intention to open offices on the island.
What waits for guests?
Blockchain & Bitcoin Conference Malta is a B2B event held annually in the format of a conference and an exhibition area. In 2017, 400 guests attended the event, 16 top speakers gave presentations, and 20 companies presented their booths in the exhibition area. Among guests, one could find Maltese government officials and the President of the Free Republic of Liberland.
The international company Smile-Expo, the organizer, reports that in 2018, the conference program will be even more intense with new relevant discussion topics. Speakers will include global crypto experts, investors, developers, representatives of successful blockchain startups.
Furthermore, guests will be able to attend the exhibition area with booths of blockchain software developers, mining hardware, and related industry services.
Register to the conference now and pay €130 instead of €220 – a special ticket price if purchased by September 24.
https://goo.gl/7Vfwbn
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