Due to the efforts of the Maltese government, the country recently gained its reputation as the Blockchain Island with major cryptocurrency exchanges moving in for relocation. As it holds the Malta Blockchain Summit, the country raises the bar by inviting W. Scott Stornetta, one of the Founding Fathers of blockchain technology to the event in November. The summit is expected to become one of the largest blockchain events in Europe for the year 2018.
While Bitcoin was invented by an anonymous person or group of people known as Satoshi Nakamoto, experts in the field are aware that blockchain was first conceptualized in 1991 by Dr. Scott Stornetta and Dr. Stuart Haber as they published a series of peer-reviewed journal articles and filled in a number of patents through the 1990s. It was upon these foundations that Bitcoin was eventually built as they were referenced thrice in the original Bitcoin whitepaper.
During most of the cryptocurrency hype, Dr. Stornetta remained in the background and is now stepping forward to assume a prominent role as the Australian investment firm First Digital Capital’s Chief Scientist wherein he will evaluate blockchain technology firms and initial coin offerings (ICOs). He will also speak to blockchain enthusiasts attending the Malta Blockchain Summit in November 2018.
Stornetta said, “I was already somewhat aware of the strategy which the government of Malta had adopted to make itself a centre of blockchain activity, and some of the success they have seen in attracting businesses. Recent events have significantly increased my appreciation for how effective the government of Malta has been in taking a lead role to build an industry centre.”
Binance and OKEx, the two largest cryptocurrency exchanges, recently moved into Malta, earning the country the name “Blockchain Island.” The Malta Blockchain Summit is set on November 1 to 2 at the InterContinental, reflecting its newly-gained reputation in the cryptocurrency community. Four conferences, a two-day Hackathon, a buzzing expo floor, a Blockchain Awards ceremony, an ICO Pitch, and a Crypto Cruise await those attending the summit with Dr. Stornetta as one of its most keenly anticipated speakers.
He said, “I am happy to provide useful ways to support Malta in its efforts to strengthen its already leading position in establishing itself as a centre of blockchain-related activity. Hence, my focus is on delivering a keynote that will be unique, entertaining and valuable for its insight to all attendees at this summit.”
The Malta Summit, boasting over 4,000 delegates, 150 sponsors and exhibitors, and 100 speakers, promises to be a huge opportunity for global influencers to network, forge new connections, and debate the applications of blockchain technology in many industries.