Mauritius: The Tropical Paradise Looking to Become a Blockchain Hub

Mauritius, island

Known as the home of lush tropical beaches, the world’s second-oldest horse racetrack and the now-extinct Dodo bird, the East African island nation of Mauritius is seeking to brand itself as a regional haven for blockchain innovation.

Since its independence in 1968, the former Dutch, French and British colony has become one of the most successful economies in the region by building itself up as a technology and financial services hub. Now, Mauritius is looking at blockchain as a catalyst to fortify its competitive advantage and drive continued innovation on the island.

“We are working to take our economy to another level, and these kinds of technologies are very important in our strategy,” said Atma Narasiah, head of technology, innovation and services at the Board of Investment Mauritius, the national investment promotion agency of the island.

He told CoinDesk:

“Blockchain is an area where we will be focusing, building competencies and ensuring that it permeates other sectors of the economy and government.”

The island nation has well-established financial services, information and communications technology industries, so attracting investors and entrepreneurs in blockchain and financial technology could be seen as a logical next step.

“Blockchain is one of these technologies

Read more ... source: CoinDesk

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