Crypto Price Index Wins Royal Family Endorsement

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Dave Pulis ZBX CEO

Crypto Price Index partners with Emirati Royal Family, ZBX exchange and ICO Malta 

The Crypto market is still regarded by many as inferior to traditional financial products. Crypto Price Index (CPI) intends to change that.

CPI is an emerging Decentralised Finance (DeFi) project which aims to allow users to participate in the crypto markets in a stable and less volatile manner. CPI achieves this via an index coin linked to the average value of the top 200 crypto assets.

CPI has recently won the full endorsement and support members of Emirati Royal Families through their direct participation on the company’s board, bringing a global level of stability and recognition to the emerging class of DeFi protocols which market commentators expect to disrupt the financial industry. 

The CPI project will democratise access to crypto assets by allowing non-technical users to acquire exposure to the broader crypto asset market via the ownership of a single index token called the CPI200 token. Participants in the CPI protocol will perform an integral function in the governance of the protocol through a governance token referred to as the CPI token ensuring that the protocol’s ruleset is aligned with the community’s interests at all times. 

Herbert Law, CEO of Crypto Price Index, was keen to welcome Highness Sheikh Abdullah Bin Rashed Al Sharqi as well as His Excellency Khalfan Saeed Khalfan Al Mazrouei to the board, and issued the following statement:

“I feel what we have is an amazing event which has happened by forming this partnership with the Royal Family. Our CPI project now has one of the more powerful platforms ever we created in the crypto industry. 

David Pulis, ZBX CEO

The CPI project has appointed ICO Launch Malta as technical partners, with the CPI platform being built on the ICO Launch Malta DeFi Product Stack. By building upon this proven and heavily audited technology layer, CPI offers its users full transparency and auditability of their holdings. Jan Sammut CEO of ICO Launch Malta issued the following statement: We are thrilled to be part of the CPI project, who’s ethos is congruent with our objective to democratise the financial industry by disintermediating it to a purely trust less P2P market. CPI has selected ZBX as exchange partner for their upcoming launch, which is scheduled for the end of year. Dave Pulis, CEO of ZBX commented:

The Crypto Price Index is a much- needed vehicle that will enhance our product offering for both institutional and retail investors worldwide”


For more info about CPI

Contact: Myriam Gauthier

Phone: +356 9981 4554

Email: mg@zbx.com 

Nexinter – Blockchain PR latest client – will attend The Malta AI & Blockchain Summit

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Malta flag

In 2017, when the ICO boom was in full force, Nexinter’s founder Ana Bencic had an “a-ha!” moment — she knew that the ICO bubble wouldn’t last. So Ana had a vision of a different type of digital trading platform.

Fast-forward two years and the digital assets trading platform, Nexinter, has been launched, got licensed in Estonia but chose Malta as their main head-quarter.

When Ana Bencic contacted me with her vision for Nexinter’s marketing strategy, she wanted someone that understood the dynamic of the digital assets trading business.

So, we talked about her plans and how my expertise would help Nexinter and then, our partnership was born.

This week Nexinter’s CEO Ana Bencic and CMO Daniele Mensi will attend the Malta AI & Blockchain Summit – Spring Edition (23rd / 24 May).

 “Cryptocurrency trading spearheaded the rise of this technology [Blockchain] and Malta is one of the few jurisdictions to provide a legal regulatory framework for companies in the forefront of the market like Nexinter”.

Ana Bencic, CEO Nexinter

“The event is moving beyond the hype and has become one of the most important events for stakeholders in AI, Big Data, Blockchain, IoT and Quantum Technologies”

Daniele Mensi, CMO Nexinter

For more about the Malta AI & Blockchain Summit click here

For more info about Nexinter: www.nexinter.com

Twitter: @nexinterdigital

Malta Blockchain Summit: 8,500 attendees ignited the blockchain island

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I was proud to take part of the Malta Blockchain Summit with Blockchain PR – The summit was a huge success, here is a quick summary of the event.

The inaugural edition of the Malta Blockchain Summit has been a resounding triumph. Held on the 1st to 2nd November, at the Intercontinental Hotel, St. Julian’s – the Summit saw intense interest, from both local and global quarters, with 8,500 attendees turning up for the event.
The success of the show means the Summit will likely move to a larger venue better equipped to handle the scale of a growing Summit.

The Summit marked its entry as a key player on the island’s blockchain calendar, with the official launch of Malta’s DLT regulation acts announced during the Regulatory Conference. The three pieces of legislation moved swiftly through parliament, with approval conferred in July and August, before officially coming into effect on the first day of the Summit.

The new DLT regulation bills to mark Malta’s induction to a global hall of fame as the Blockchain Island are: the Malta Digital Innovation Authority Bill, Innovative Technology Arrangements and Services Bill, and the Virtual Financial Asset Bill.

The launch of the bills comes in tandem with relocation from major players in the crypto sphere, such as Binance, OKEx and ZBX, and government promise to make the aptly dubbed Blockchain Island a hub for blockchain excellence.

John McAfee and Sophia

With notable denizens of the industry, such as cryptocurrency evangelist and business guru, John McAfee, blockchain father and co-founder, W. Scott Stornetta, Hanson Robotics creation, Sophia the humanoid robot, and the Honourable Joseph Muscat, Prime Minister of Malta, addressing riveted audiences, the summit carried an aura of prestige and quality.

“I came to talk about the early work that we did, laying the foundations pre-Bitcoin for the blockchain. It is a little frenzied and very crowded. I think they succeeded a little too well in attracting people here.” said W. Scott Stornetta.

“I think it is an excellent summit. The quality of the attendees and the people presenting is excellent, it is well organised. Eman Pulis, the Founder of the Malta Blockchain Summit, is tremendous. But basically I came, so that I could talk, which I did. I want to tell the world, as I see it.” said John McAfee.

A competitive Hackathon for developers was overseen by a panel of some of the most influential movers and shakers in the industry. The judging table made place for esteemed individuals such as Scott Stornetta, Charles Hoskinson, Ilya Smagin, and Lucas Park.  

Blockchain Charity Lottery took first place and a coveted prize of €25, 000, with TPass and Tensegrity coming in at second and third place and winning €15,000 and €10,000 respectively.

A heated ICO Pitch lit up the stage on both days of the Summit, as 35 ICO’s battled it out for invaluable mentorship from a line-up of savvy investors, industry exposure and a share of the $100,000 prize. Startups Rise and AEToken took first and second place on Day 1 and Tatau and GoMama grabbing the crown on the second day of the Pitch.

A new government AI strategy was announced during a press conference held at the Malta Blockchain Summit. The Junior Minister for Financial Services, Digital Economy and Innovation, Hon. Silvio Schembri launched a task force which will design a national strategy on AI and explore a citizenship test for robots – placing Malta amongst the top 10 nations in the world to do so.  Malta.ai will work in collaboration with SingularityNet, the company behind Sophia, the humanoid robot’s AI.

The Summit ended with a number of lavish dinners, a spectacular closing night event and a grand evening tour of Malta’s fortified harbour during the Crypto Cruise.

Eman Pulis

“I wish to thank everyone who attended the Malta Blockchain Summit for the overwhelming feedback! This week the Blockchain community accepted me and my team as part of the family. I look forward to contribute and help drive this technology forward by doing what I love the most – events!” said Eman Pulis commenting on the monumental success of the Malta Blockchain Summit.

 

 

 

Main photo: Malta’s Prime minister Joseph Muscat opening the conference.

www.maltablockchainsummit.com

3 easy points to understand what makes Malta the “Blockchain island”

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Malta has earned a well-deserved title of “Blockchain island” –  it is the first jurisdiction in the world to introduce blockchain regulations. The Maltese government views the blockchain technology as a whole, while other countries are typically looking at crypto and blockchain for short-term gains.  It’s fair to say that Malta legislators understand what the blockchain technology can offer in the long run.

In July 2018 when the Maltese parliament passed the regulatory bills, Silvio Schembri, Junior Minister for Financial Services, tweeted:

These 3 bills provide comprehensive legal framework that addresses a number of problems faced by the industry. But what are they and what makes them such special piece of legislation? Here is a quick summary of each bill:

The first one is the Malta Digital Innovation Authority Act (MDIA Act), and it establishes the Malta Digital Innovation Authority and certifies DLT platforms. This law will focus on internal governance arrangements and will outline the duties and responsibilities of the Authority to certify DLT platforms to ensure credibility and provide legal certainty to users wishing to make use of a DLT platform.

The second is the Innovative Technology Arrangement and Services Act (ITAS Act), deals with DLT arrangements and certifications of DLT platforms. This bill is primarily concerned with the setting up of exchanges and other companies operating in the cryptocurrency market.

And the third law, known as the Virtual Financial Assets Act (VFA Act), establishes the regulatory regime governing ICOs, cryptocurrency exchanges, wallet providers, etc.

Additionally, these bills reflect the European Union (EU) laws onto Maltese laws.  There are 3 basic core principles that the bills abide to – market integrity, consumer protection and industry protection. The main difference here  is that the bills have a principles-based approach, rather than a rules-based approach. Hopefully, they will flourish amidst a highly-unregulated environment.

That is why Malta is so attractive to the biggest players in the industry, hence Binance and OKEx already set up shop there.

Blockchain PR is at the Malta Blockchain Summit

Follow Ana Paula Picasso Twitter and LinkedIn for live updates