Hon. Joseph Muscat, Prime Minister of Malta, Opening speech
Last week from 1 Nov to 2 Nov 2018 the CBX team flew down to Malta to attend the Malta Blockchain Summit alongside 8,500 other delegates, over 300 exhibitors, and dozens of speakers and experts from the Blockchain industry from Sophia the AI robot, to entertaining discussions from blockchain evangelist, John McAfee.
The Prime Minister of Malta, Hon. Joseph Muscat, kicked off the first day of the event with an opening speech where he describes Malta as a blockchain island and a hub for crypto regulation. “GDP growth is expected to be the largest in the EU, and the economy is growing more than 5% per year” he said. “We are setting the foundation for the 4th industrial revolution”.
The CBX team was honored to be invited to this grand summit. In the country with growing blockchain and cryptocurrency industry, they felt the infinite vitality brought to the country's economy by its active regulation and government's encouragement and support. CBX exchange has had face-to-face and in-depth communications with blockchain practitioners from all over the world to discuss the development and unlimited potential of today's blockchain industry. Many multi-faceted Blockchain projects met with the CBX team with intentions to develop further cooperation for the benefit of the industry.
It is worth mentioning that Mr Meng Chan Shu, CEO of CBX, was interviewed by phoenix TV. In the live broadcast with the audience reaching 325,000, Mr Shu delivered a wonderful speech, expounding his views and attitudes on the blockchain industry and traditional financial industry. Before joining CBX, Mr Shu had worked in traditional financial exchanges for more than 20 years, from the time he joined Malaysia (Bursa Malaysia Berhad) in 1997 to the DGCX. Mr Shu said: "The biggest difference between traditional financial exchanges and digital currency exchanges is the growth rate. Despite the current bear market, I think the growth rate of digital currency exchanges is very high. Exchanges, traders, economists are all very thoughtful and committed to this emerging wave, which is a shared view with me."
Mr Meng Chan Shu, CEO of CBX, was interviewed by phoenix TV
Mr Meng Chan Shu and John McAfee
Mr Steve Shi, co-founder of CBX, said: "The blockchain industry has grown in the limelight and expectation, and the rise of digital currencies is unstoppable. Even though we are facing a bear market, we are still very optimistic about this industry, and our CBX will prove our attitude with practical actions. We will participate in multiple activities to truly benefit our users. The design of the development strategy of CBX and the road to be taken in the future will be based on the actual interests of users."
Mr Steve Shi and AI robot Sophia
During the first session speakers from Korea, Estonia, Switzerland, and Malta discussed about their regulatory frameworks involving cryptocurrency businesses and ICOs in their respective countries. “Korea banned ICOs to protect people from getting scammed, but companies started going overseas and continuing to do their coin offerings, so the government decided to regulate the field.” said S. Jasmien Jung, Senior Foreign Attorney at Jipyong LLC, considered one of the foremost experts on cryptocurrency, blockchain and cybersecurity in Korea.
Representatives from Korea, Estonia, Switzerland, and Malta on a Panel discussion about jurisdictions.
One of the last sessions of the first day was delivered by Ben Goertzel, CEO of SingularityNET, and his creation Sophia, the world’s most expressive Ai robot, where they discussed different topics on the Blockchain space such as Sophia’s thoughts on the technology as well as her advise on ICO investments.
From left to right Sophia, and Ben Goertzel, CEO SingularityNET
On the second day of the Summit, computer programmer and businessman, John McAfee lead one of the most expected sessions on the event talking about the dark side of the Blockchain technology and his life on the run alongside Monty Munford from Mob76 and Brandon Smietana from Skycoin. The three of them delivered an exciting presentation talking about their everyday lives, including kidnapping, murder, guns and prostitutes.