With the launch of the first Bahamas Blockchain and Cryptocurrency Conference just over one week away, Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson says the event will be a “marketing tool to allow the world to know that Grand Bahama is open for business”.

The conference, scheduled to be opened by Prime Minister of The Bahamas Dr Hubert Minnis, is being held June 20-22 at the Grand Lucayan resort.

The official opening will be held at 10:00 am.

Minister Thompson said the government is pleased to be able to host the conference. “The government has been very focused on ensuring that we progress with our tech hub initiative. We believe in this initiative. We believe that this is going to do wonders for Grand Bahama.”

Direct benefit with this initiative has already been seen, he said, with the opening of GIBC Digital –>, which has already hired 25 people and is scheduled to hire 25 more.

The tech conference hosted last year started the initiative, and armed with a strategic plan as to how to successfully become a technology hub, one of the suggestions was to have a conference that focused on blockchain and cryptocurrency, which the Minister described as “one of the fastest moving industries in the technology field.”

Stating that they are pleased with the response to the conference both locally and internationally, Minister Thompson added that the calibre of speakers shows the desire the country has to be a part of the industry and shows companies that Grand Bahama is open for business.

“Again, it is a marketing tool to allow the world to know that Grand Bahama is open for business and it is about diversifying our business here in Grand Bahama.”

“This ultimately means providing more improvements to our economy and providing more jobs for Bahamians.”

Registration for Bahamians is free of charge (promo code: bah2018).