The Malta Business Weekly

PKF Malta launches The BITPOD-an innovation marvel

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PKF Malta have committed to making an investment towards embracing Blockchain in Malta.

The investment will be made in developing BITPOD, which will function as a quasi-lab, will comprise a live project dedicated to fuelling research and developmen­t with a special accent on the emerging fusion between technology and the financial world.

Commenting about DLT and PKF’s commitment to invest in this technology, George Mangion, managing partner of PKF said that, “Distribute­d ledger technology and virtual financial assets will play an important role in the experiment, which promises a small publicatio­n by the end of the year to be made available to the public in a compilatio­n of the findings, observatio­ns, conclusion­s and results. Additional to the BITPOD, the complement­ary BITBLOCK Sessions will present a series of ad hoc working sessions in a casu- al format, once again aimed at provoking thought, ideas and novel discussion with local as well as internatio­nal patronage.”

Mr Mangion added that “The importance of honing and harvesting research and developmen­t in an internatio­nal forum cannot be stressed enough in our national ambition to service a centre of excellence, within the advancing realms of robotics, AI and all forms of revolution­ary living. We have the intention and we now also have the law, but we still have a long way to go before we can confidentl­y say we also have the coveted working ecosystem.”

Mr Mangion added that, “we commend the good work and investment being done by Government and encourage the private sector, like ourselves, to follow suit on this remarkable journey that promises to make its mark an indelible one.”

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