Re: Blockchain in Mauritius

From: Suyash Sumaroo <suyash_at_codevigor.com>
Date: Fri, 7 Jul 2017 17:31:38 +0400


Hi SM,

When it comes to Blockchain, the problem is not in the public sector. I
> haven't heard of businesses on the island actually using Blockchain. Is
> there a need for that technology?
>

The general consensus is that the blockchain technology is going to affect
a lot of sectors, including the financial (mostly by crypto-currencies) and
public sectors. Actually, there are plenty of businesses in Mauritius using
blockchain. If any business is buying or checking bitcoin prices and
transactions, then they are inevitably using blockchain. If you are
referring to more specific blockchain-based systems like Ethereum, then
maybe some businesses in the financial sector may already be using them
without knowing.

Concerning the need for blockchain, then I believe that blockchain
introduces a very different way of doing things based on its trustless
architecture. I believe that making use of this technology will only result
in better and more transparent systems in Mauritius.



> I read your blog article. How could Mauritius become a hub for Blockchain?
>

It is going to be difficult to convert Mauritius into a Blockchain hub.
Setting up a hub will need to go through Government initiatives and as you
mentioned, it will take several years to even start having a well-developed
eco-system of blockchain developers.


>
> Regards,
> S. Moonesamy
>



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Received on Fri Jul 07 2017 - 13:31:53 PST

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