Yesterday, Deutsche Telekom unit T-Systems
announced a partnership with state-owned development agency Malta Enterprise for its blockchain marketplace. Under the agreement, Maltese firms exploring blockchain can utilize the German Blockchain Ecosystem (GBE) for the development of applications.
Malta Enterprise is a government agency tasked with attracting foreign investments and development of the local economy. Last year, the country’s parliament passed three bills into law, making it the first country in Europe to implement a regulatory framework for blockchain and cryptocurrency. Forbes also quoted Malta as “the world’s first blockchain island” owing to its blockchain conducive regulatory environment.
“This collaboration with T-Systems will give a further competitive advantage over other jurisdictions while adding more value to the already established Blockchain ecosystem,” said Kurt Farrugia, CEO of Malta Enterprise.
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