On Egrant, I agree with Si­mon Busut­til – Ja­son Az­zopardi

● Az­zopardi like Sher­lock Holmes; ex­cept he finds more ques­tions than an­swers – Zam­mit Lewis

Malta Independent - - Front Page -

Fol­low­ing the dec­la­ra­tion of former PN leader and cur­rent MP Si­mon Busut­til in Par­lia­ment ear­lier this week, wherein Busut­til said that he and thou­sands of oth­ers be­lieved that the com­pany Egrant be­longs to Prime Min­is­ter Joseph Mus­cat, fel­low PN MP Ja­son Az­zopardi has joined the cho­rus, stat­ing his agree­ment with Busut­til’s state­ment whilst speaking on the newly-re­branded and re­vamped In­depth.

Asked by The Malta In­de­pen­dent Ed­i­tor in Chief Rachel At­tard about Busut­til’s dec­la­ra­tion in par­lia­ment and whether he agreed with what was said, Az­zopardi replied in the af­fir­ma­tive, say­ing that in the con­text of the con­clu­sion, the mag­is­trate “did not ex­clude that the

fi­nan­cial ser­vices, blockchain, and fur­ther­ing our tech­no­log­i­cal reach.

“The way we rein­vent our­selves ev­ery now and then is based on our in­no­va­tive in­stinct. We should push one an­other to be more in­no­va­tive in the way we think and act, and this comes about with ed­u­ca­tion.”

Par­lia­men­tary Sec­re­tary for Fi­nan­cial Ser­vices, Dig­i­tal Econ­omy and In­no­va­tion Sil­vio Schem­bri echoed Mus­cat as he also stated that af­ter blockchain “the next pri­or­ity is AI, quan­tum tech­nol­ogy, space min­ing, big data and the in­ter­net of things.”

Schem­bri said the govern­ment has a vi­sion of mak­ing Malta a pow­er­house of eco­nomic in­no­va­tion. “To get there we have to em­power cre­ative think­ing, en­cour­age fu­ture gen­er­a­tions to take risks, to ex­plore where the devel­op­ment of an idea might take them, pro­vide the ideal tools and ed­u­ca­tion while mak­ing sure to keep on help­ing busi­nesses and start-ups. This is what we have been do­ing and what we in­tend to keep on do­ing.”

He ex­plained the re­cent ini­tia­tives taken over the past few months that are paving the way for tech­no­log­i­cal in­no­va­tion, the en­act­ment of 3 Bills that of­fer a holis­tic reg­u­la­tory frame­work for blockchain and DLT tech­nol­ogy, which will be put into ef­fect on the 1st of Novem­ber , the MITA New Emerg­ing Tech­nolo­gies lab through an in­vest­ment of €250,000, and the fi­nan­cial aid given to start-ups through the MITA YouS­tartIt ac­cel­er­a­tor pro­gram.

Schem­bri added that as soon as the Acts come into ef­fect, at­ten­tion can be turned to other new sec­tors which have sig­nif­i­cant in­no­va­tion po­ten­tial such as ar­ti­fi­cial in­tel­li­gence, space min­ing, big data, in­ter­net of things and quan­tum tech­nol­ogy.

With re­gard to quan­tum tech­nol­ogy, Schem­bri said that Malta is per­fectly po­si­tioned to pi­o­neer in the mar­ket in quan­tum tech­nolo­gies as these emerg­ing tech­nolo­gies pro­vide su­per­fast com­put­ers for de­vel­op­ing new ma­te­ri­als, and ul­tra-se­cure com­mu­ni­ca­tion sys­tems.

Dur­ing the Malta In­no­va­tion Sum­mit, Schem­bri vis­ited the Voda­fone stand for the launch of Nar­row­band IoT, the next gen­er­a­tion of in­ter­net of things in Malta aimed at push­ing the bound­aries of con­nec­tiv­ity even fur­ther, mean­ing that a de­vice will be able to main­tain a strong un­in­ter­rupted con­nec­tion whilst con­serv­ing bat­tery. This is suited to mon­i­tor­ing de­vices such as wa­ter me­ters, which have a ten­dency to turn up in dif­fi­cult lo­ca­tions with poor net­work cov­er­age.

Dur­ing the visit, Voda­fone Malta also show­cased a robot which demon­strated the ef­fect re­duced la­tency has on real world ap­pli­ca­tions.

One of the main im­prove­ments of 5G over cur­rent-day mo­bile tech­nol­ogy will be re­duced la­tency.

Over 400 del­e­gates at­tended the sec­ond edi­tion of the Malta In­no­va­tion Sum­mit, which brought to­gether in­ter­na­tional and lo­cal in­no­va­tors to dis­cuss, learn and share best prac­tices within their or­gan­i­sa­tions and op­er­a­tions.

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