1-2 November, InterContinental Arena, St. Julian’s – Malta
The first edition of the Malta Blockchain Summit which was held on the 1st and 2nd November, 2018 can be classified as an enormous success. This monumental event was attended by approximately 8500 people and it is forecast that an even larger event at an even larger venue and on a much larger scale is in the pipeline for 2019.
The Malta Blockchain Summit held this year also saw the Malta blockchain regulations being launched here. Due to the unanimous approval from parliament in August, the three DLT acts will now officially start regulating the industry. The three DLT acts coming into effect are: the Virtual Financial Asset Bill, the Innovative Technology Arrangements and Services Bill and the Malta Digital Innovation Authority Bill.
The Hackathon winners were revealed at the end of the launch of the Malta Blockchain Summit. The Blockchain Charity Lottery won the first prize of Eur25,000, Tpass came in second place and won the amount of Eur15,000 with Tensegrity coming in at third place to win Eur10,000. This is when the developers at the Malta Blockchain Summit got innovative and creative. The Hackathon judges consisted of Charles Hokinson, Scott Stornetta, Ilya Smagin and Lucas Park. The prizes were presented to the winners by Eman Pulis, the CEO of Malta Blockchain Summit.
A highlight of the summit was Sophia the robot who addressed the Malta Blockchain Summit. Sophia was developed by a Hong Kong based firm and was activated in 2015. The lifelike humanoid robot made her first public appearance in Austin, Texas in 2016. In 2017 Sofia was awarded citizenship by Saudi Arabia. Hon. Silvio Schembri, the Junior Minister for Financial Services Digital Economy and Innovation announced a task force which would design a national strategy on A1 hoping to place Malta amongst the top ten nations in the world in A1. In the process of drafting new regulations for A1, Malta.ai will collaborate with SingularityNET on a pilot project to explore a citizen test for robots. SingularityNET is the company behind Sophia’s A1.
John McAfee was quoted as saying that it was an excellent summit. He said that the quality of the attendees and the people presenting was excellent and that it was well organised. He also stated that Eman Pulis, the Founder of the Malta Blokchain Summit, was tremendous. He said that he came basically to talk which he did and that he wanted to tell the world as he saw it. Sophia the Robot said that what excited her the most was the ability to connect a lot of decentralized projects into a decentralized network made up of decentralized networks – an ecosystem of ecosystems.
W, Scott Stornetta, Phd, Yugen Partners, the Founding father of blockchain, said he came to talk about the early work that they did, laying the foundations pre-Bitcoin for the blockchain. He also said that it was a little frenzied and very crowded and he thought that they succeeded a little too well in attracting people there. Hartej Sawhney, Founder at Hosho Group, said that he was a big fan of Malta and that he was a big fan of the people there that were forward-thinking and thought leaders in the blockchain space. He also said that the summit had been remarkable because Eman Pulis and the entire Malta Blockchain team had brought people literally from all over the world and that it was a good blend of East and West. He said that it sometimes seemed that when you were in North America, it was a very North Amercian conference and when you were in Asia, it was a very Asian conference. He said that Malta had been a true blend of the whole world meeting right in the middle.
Silvio Schembri, the Junior Minister for Financial Services Digital Economy and Innovation stated, after thanking Eman Pulis and the whole organisation for organising this wonderful event, that he was could see that all the people there were showcasing how far Malta had gone in a mere couple of months. Therefore, Malta is now at the epicentre of the blockchain revolution, making Malta the Blockchain Island, he continued. The Prime Minister of Malta, Joseph Muscat said that the seed of blockchain had landed on a very fertile soil and that they were doing everything for the seed to grow.
Eman Pulis, the Founder of the Malta Blockchain Summit, concluded by thanking everyone who had attended the Malta Blockchain Summit for their overwhelming feedback. He continued by saying that during that week the Blockchain community had accepted him and his team as part of the family. He also stated that he looked forward to contributing and helping drive this technology forward to what he loved the most…….events!