Bahrain chosen to host mega blockchain forum

MANAMA: Bahrain has been chosen as the venue for one of the biggest blockchain events in Mena this September, according to a statement from India-based community led platform Block Hedge.

With more than 500 blockchain and cryptocurrency innovators, decision-makers, innovative start-ups and enterprising investors expected to attend, Block Hedge - Bahrain will build on the success of similar events in Mumbai and New Delhi.

The one-day event on September 27 will focus on the future of blockchain technology, finance and investment, regulation and governance, successful past and future initial coin offerings, security threats and how decentralisation continues to disrupt sectors like banking and supply chain.

According to Block Hedge, Bahrain was chosen as one of the important Middle East countries for cryptocurrency and blockchain developments of recent times.

With global digital disruption, Bahrain is not far from taking a dive into blockchain technology in order to boost its entrepreneurial ecosystem, it added.

The Economic Development Board has launched a $100 million fund-of-funds to attract investors and start-ups.

With a massive regional fintech market of up to $1.5 trillion in the Mena region, and spending on blockchain is expected to double over the years, Bahrain is set to become the region’s top fintech destination.

Past Block Hedge speakers include: Mauritius Ethereum Appliance co-founder Joshua Paul Hawley, ShipNext chief executive Alexander Vervarenko, Olam Foundation vice-president Lior Zaks and Fund Platform co-founder Nikita Shevchenko.

Block Hedge is a community led platform to help facilitate the blockchain community to develop the full potential of its industry applications, nurture new start-ups, talents and technologies to change the world for better.

Source: http://www.gdnonline.com/Details/363598/Bahrain-chosen-to-host-mega-blockchain-forum