Blockchain committee to start working in Bahamas in September

Blockchain committee to start working in Bahamas in September

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The first meeting of the heads of the blockchain-technologies will take place in early September. About this said Deputy Prime Minister and Treasury Secretary Peter Turnquest.

According to the Ministry of Finance of the island state, blockchain can improve cooperation in the economy. Turnquest compares blockchain to the early internet. The minister considers this technology important, because she will be able simplify control over the economy and citizens, and it will be easier for entrepreneurs to do business. 

Jason Leach, one of the local blockchain experts and CEO of Deep Minds, recently noted that the Bahamas should be pioneers in harnessing the power of blockchain technology and creating the right infrastructure. for exchange cryptocurrencies, in order to get ahead of the world market. By words Lich, if a Bahamas is not will be act enough fast to become a global leader in the blockchain and cryptocurrency industry, jurisdictions have to play «catch-up» from a regulatory perspective.

Blockchain committee to start working in Bahamas in September

For of this authorities and created a blockchain committee, which the will be introduce technology.

Earlier we wrote about Tom, why the Bahamas are waiting for their cryptocurrency.

text: Evgeniya Likhodey, a photo: Matt H. Wade, Bohao Zhao / Wikimedia Commons

Blockchain committee to start working in Bahamas in September

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