The Bahamas uniquely positioned to become jurisdiction of choice for Blockchain companies – PM Minnis

Prime Minister, Dr. the Hon. Hubert Minnis says Grand Bahama is the ideal location in The Bahamas to support the establishment and growth of a technology cluster of the blockchain, and other software companies that can jumpstart the technology industry in The Bahamas. In spite of the challenges that come with establishing and growing a technology sector, Prime Minister Minnis said that The Bahamas is uniquely positioned to quickly become the jurisdiction of choice for technology companies, particularly blockchain technology companies, and fintech solution providers. Prime Minister Minnis was the keynote speaker during the opening ceremonies for the Bahamas Blockchain and Cryptocurrency Conference, which opened on Wednesday, June 20, 2018, at the Grand Lucayan and will run until Friday, June 22, 2018.

The three-day event attracted a wide range of local and international participants learning the latest information about blockchain and cryptocurrency from professionals proficient in the field. Prime Minister Minnis said that the conference, which is the first of its kind for The Bahamas, represents an important step towards his government’s new vision for The Bahamas and a new, progressive step for the island of Grand Bahama.

“Our government recognizes that in order for the economy to grow, we must diversify and create other opportunities for Bahamians to be successful,” said Prime Minister Minnis.

“I firmly believe in growing a diverse technology industry sector in The Bahamas, where entrepreneurs can start and grow new technology companies. We must also welcome existing global technology players to move their operations to The Bahamas, which will have a meaningful impact on our economy and which can be achieved in a relatively short period of time.

Read more at: ZNS Bahamas