The company which was described as one that was to give Malta the reputation of a blockchain island has closed shop nine months after opening, the Nationalist Party said in a statement.
PN spokesman for financial services Kristy Debono said this shows that the government does not have a long-term plan to strengthen the sector. The closure of the company is a blow to all its employees, she added.
For Malta to really become a blockchain island the government must attract solid investment from reputable companies. Due diligence exercises should be thorough and licences should be awarded after tough scrutiny. If this does not happen, Malta will lose credibility in the sector.
The government should also provide the necessary training to young people interested in taking up a career in the sector, Debono added.
from The Malta Independent http://bit.ly/2RipAPl
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