Category: technology
B3 Future Banking Summit Set To Host Forum
B3 Future Banking Summit to getting set to host an industry forum in Bermuda on April 21 and April 22, intended for “innovators, investors, and policy makers leading the transformation of banking and payments with blockchain and digital currencies.” A spokesperson said, “Global leaders at the intersection of banking, payments, and... Read more of this article
Column: Looking At Island’s Digital Asset Plans
[Opinion column written by Chris Garrod] A look into how a 21 sq mile island opened its door to digital asset business It’s called The Digital Asset Business Act 2018, which doesn’t really sound that interesting, I suppose. But, yes, it is. The Act introduced the concept of digital asset businesses setting up and being regulated in Bermuda. Creating... Read more of this article
Norwegians To Take Over Triathlon Instagram
With less than two weeks until the opening ceremony of the MS Amlin World Triathlon Bermuda Festival Weekend and interest mounting in the local community about who will win the men’s elite race, three Norwegian runners will take over the event’s Instagram page today [April 12] in order to help showcase the event. A spokesperson said, “With... Read more of this article
Velocity Ledger Receives Approval For ICO
Velocity Ledger Holdings Limited [VLHL] has been approved to conduct an initial coin offering [ICO] by the Ministry of Finance, the company has announced. “VLHL is a Bermuda Company with two subsidiaries for which the ICO will fund operations: VL Financial and Velocity Ledger Technology Limited [VL Tech],” the company said. “VL Financial... Read more of this article
Regulatory Authority To Lift Freeze On ICOLs
Minister of Home Affairs Walter Roban has directed the Regulatory Authority [RA] to “lift the moratorium on the grant of additional Integrated Communications Operating Licenses [ICOLs] and other forms of public Communications Operating Licenses [COLs],” the Government said this evening. “This move will ultimately result in the opportunity... Read more of this article
Promote Island As Atlantic Hub For Fibreoptic
A Bermuda delegation attending a high-profile conference for the global submarine cable industry this week will “promote the island as a strategic Atlantic landing hub for fibreoptic corridors,” the Bermuda Business Development Agency said. “SubOptic, a triennial event being held April 8–11 in New Orleans, LA, is the longest running... Read more of this article
Asset Tokenisation At The Ultra Connect Series
Hub Culture hosted the first Ultra Exchange Connect Series on 18 March 2019 in Bermuda and on 27 March 2019 in Hong Kong. Sponsored by Appleby, the objective was to connect highly influential leaders in blockchain and digital assets through a series of curated events across both jurisdictions. The events were held at Huckleberry in Bermuda, a member... Read more of this article
Inter-Island Radio Clarifies Fees/Service Contract
Inter-Island Communications — which manages the Hott 107.5 and Magic 102.7 radio stations — moved to clarify their ‘fee for services’ contract, noting that airtime is valuable, other media received more, and their stations are working to provide programming that is “appreciated by a diverse and huge local demographic.” The... Read more of this article
A’ric Jackson Arrives For Digital Conference
The Department of ICT Policy and Innovation welcomed international US-based speaker A’ric Jackson who will be the keynote speaker at the second Digital Leadership Conference which will be hosted by the Department’s Cybertips initiative tomorrow. They were joined by Minister of Education Diallo Rabain and Minister of Labour, Community Affairs and... Read more of this article
Airbnb Partnership Nets Big On Social Media
A Bermuda Tourism Authority marketing partnership with Airbnb has turned in very impressive numbers on social media. A two-week long Bermuda-themed campaign this past December generated almost 5 million impressions among Facebook, Twitter and Instagram users in North America and Europe. Screen shot of several Airbnb Bermuda-themed social media posts “Facebook... Read more of this article
One Communications 2018 Financial Results
In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd. announced their Financial Results for the year ended December 31, 2018. The full filing stated: Overview of the year ended December 31, 2018: Net income for the year of $15.1 million [2017: $15.0 million]; Shareholders’ equity of $150.2 million as at December 31, 2018 [2017:... Read more of this article
No Fly Zones For Drones At Westgate & Airport
As is prudent to ensure the safety of the air space around the airport and as there have been at least three drone sightings at Westgate and there is a suspicion they are attempting to drop contraband for inmates to collect, a direction was issued that declares a no-fly zone for drones surrounding the airport, Prospect Police Compound and at Westgate. This... Read more of this article
