Mauritius Plans to Create an Ethereum Island

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Islands have been a fixation of many countries, be it the Arab world, especially Dubai with its obsession towards building luxury property over artificial islands or China’s expansion of dominion in the South China Sea. But the African nation of Mauritius has a different kind of aspiration. The country is on the verge of creating the “Ethereum Island” within its territory.

The Ethereum Island is expected to be a collaborative partnership between the Mauritius government and private entities and ConsenSys, an Ethereum blockchain solutions provider. The island will be a global blockchain technology hub open for innovators from African and Asian nations.

According to reports, the founder of ConsenSys Joseph Lubin accompanied by a team of executives recently visited the country, meeting representatives from the Bank of Mauritius, the country’s Board of Investment and other regional authorities. The meetings were held in the context of identifying and setting up the Ethereum Island in Mauritius.

The idea behind creating a global blockchain hub seems to be influenced by the country’s standing status as a financial hub and its aspirations to emerge as a fintech hub as well. If things go according to plans, then ConsenSys will be expanding its team by investing in human

Read more ... source: NewsBTC USA

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