RATE Group | Malta is Eying the Waves Cryptocurrency to Tokenize Financial Assets
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Malta is Eying the Waves Cryptocurrency to Tokenize Financial Assets

Malta is Eying the Waves Cryptocurrency to Tokenize Financial Assets

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Malta Cryptocurrency Blockchain Island

It looks like Malta’s reputation as “Blockchain Island” is continuing to gain impressive traction, with a new development that could potentially see the state begin to adopt a cryptocurrency- and blockchain-based mechanism for its services and operations.

The team from Waves  — a decentralised cryptocurrency platform providing a complete ecosystem for blockchain developers — met with Joseph Muscat, Malta’s prime minister, and representatives of the Maltese government, to discuss potential scenarios for the use of the Waves platform in the state’s government and corporate sectors.

Sasha Ivanov, founder and CEO of the Waves platform and Vostok, attended a meeting with government representatives and other interested parties on the island to discuss technological cooperation in the fields of healthcare, land registry, voting, and others, as well as proposals to use Waves as a platform for tokenised financial instruments.

The meeting was attended by Prime Minister…

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