The Isle Of Man Presents: Global Blockchain Office, Regulatory Sandbox

The Isle Of Man Presents: Global Blockchain Office, Regulatory Sandbox

My next destination is decided: the Isle Of Man. This is a self-governing British Crown dependency situated in the Irish Sea (between Great Britain and Ireland). The description alone is a reason enough to visit this place, but there is more to it.

An advisory body for the IoM has launched the Blockchain Office – or, a global blockchain hub – to stimulate the development of blockchain-powered projects. That’s exactly why I really want to go there: it seems like a paradise for tech, blockchain and crypto kids!

There is even more: the agency has also created a so-called Isle of Man Sandbox (cool name!) – a kind of an incubator to guide tech WizKids through the regulatory framework. It is expected that these two entities will be opened in spring. Oh, and early birds will get free access to the sandbox.