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ARTICLE · 16 OCTOBER 2017

Overstock CEO: Be The First Movers In Blockchain Technology

"If we in the Caribbean are to be competitive, relevant and even revolutionary, we must embrace Blockchain technology."

BarbadosTechnology

"If we in the Caribbean are to be competitive, relevant and even revolutionary, we must embrace Blockchain technology."

This is the view of Chairman of the Bitt Board of Directors, Peter George. While giving brief remarks at a Bitt seminar entitled, 'Central Bank Meets Blockchain' at the Hilton Resort, he identified "that even though some less than savoury comments have been made, we at Bitt are the ones on the forefront in the Caribbean... We have spent the last 18 months building that compliance strength. This is an opportunity for real meaningful change".

Meanwhile Dr. Patrick Byrne, CEO of Overstock.com, stated: "Central banks around the world are exploring digital currencies including Bank of England, Bank of Canada, Bank of Japan, etc.; they are all targeting 2018. The entire world is getting that Blockchain is a better system.

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