Food for thought #16 - Mauritius to become the blockchain paradise of “Ethereum Island”

in #cryptocurrency7 years ago (edited)

ConsenSys, a company based in New York, USA, whose main activities are in the building of decentralised application for the blockchain technology has chosen Mauritius to build an Ethereum Island.

Mauritius Island

Mauritius is located in the Indian Ocean, nearest to Madagascar as can be seen in the map below. Mauritius has a surface area of around 2000 km2 (a bit bigger than London) and is mostly known for its beaches and sunny weather, thereby the name paradise island.

Mauritius, being bilingual (English and French) is mostly known to investors for transferring funds to India and Africa as a whole. We are one of the most advanced developing country in the African region and this makes us a great ground to stand for investing around the world, due to our ability to communicate in 2 of the most used languages.

Ethereum Island

James Duchenne, Managing Partner at Sutton Stone, a venture-building firm saw Mauritius as a great location to building an Ethereum Island. He sees Mauritius as a 'Silicon corridor' according to his interview with Business Magazine whereby the island will be used as a way to migrate knowledge and skills from Silicon Valley to a new innovation center on the island.

Why Ethereum? According to ConsenSys, Ethereum smart contracts are more nimble and agile as compared to Bitcoin applications. ConsenSys is enabling new services and business that can be built using blockchain technology which will be using Mauritius as a test case. They proposed to establish the basics of a blockchain ecosystem with digital identities and registration, a process of verification, and decentralization of information. From there they plan to form a group of developers, regulators, and entrepreneurs to keep the system going by creating applications and organizations using blockchain technology.

Since Mauritius already has a well established communications, information technology and finance with some of the best infrastructure and education system in the region, which will create new job opportunities and new ventures for investors.

Last year the government of Mauritius complete its project of providing free WIFI to the whole island which will facilitate the use of blockchain technology. Here is the map of the island with the number of free Wifi hotspots in each of the 9 districts.

(source: WIFI Mauritius)

In an interview with CoinDesk, Atma Narasiah, head of technology, innovation and services at the Board of Investment Mauritius, said that they want to drive the Mauritian economy to the next level. Mauritius has tax treaties with more than 20 African nations including South Africa, Rwanda, Uganda and Zambia. The island nation also maintains close cultural and economic ties to India – a $2tn economy projected to surpass China as the world’s most populous nation in the next decade.


 


 

All in all, Mauritius is well on its way to becoming an Ethereum Island, the best name to come after being tagged Paradise island.

Special mention to @bitcoinbutter who showed me the original article and even had the humbleness to let me write the article since it involved my island. Do check him out. He has got some awesome posts!!


Hope you enjoyed reading it. If it was beneficial, upvote once. If it made you angry upvote twice. If this last one made you laugh, do resteem!!!!
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Well written post, that is very interesting. I have no idea that this was on it's way for Mauritius. I guess it's also good for the people that lives on the island to expand and grow further.

Thanks for the nice comment :)

Even I didn't know this was happening on the island I live. This is crazy how media suppresses news about crypto currencies :(

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Really excited to be part of it.

Will do my best! Cheers :)

This is world-class material.

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Thanks!! That's really thoughtful of you :)

Keep steem'in hard!!

Thanks for the information a good friend of mine just got back from Mauritius and was telling me about all the opportunities. His wife is Mauritius and he is planning to migrate back out then within the next 18 months, after spending two months their amazing. I'm following feel free to visit my page I think I may need to network with you love n light to you.

Mauritius do have great potentials if they seriously invest in future technologies.

I have checked your blog. If you want to talk personally with me, you can always contact me on Steemit Chat. Same username :)

Keep steem'in hard!

Great post very well written!

Good to see such innovation developing with blockchain technology in Mauritius.

Thanks for the mention Ive upvoted but is very little so sent on a booster aswell :)

Steem on!! @pisolutionsmru

Thanks for the links and awesome support with the booster :)

We may be small now but we will get there :)

Keep steem'in hard!

Very informative and important article. Thank you. upvoted, resteemed and following!

Thanks for the support and I believe such a national project, though pilot, will drive the price to the next level.

Will keep Steemians updated on the project :)

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I had no idea Mauritius was this far ahead in the game...its incredible :o

This is the future...a world on cryptos.

And when it proliferates, Mauritius will be seen as the first central romping ground for Ethereum, second largest crypto overall.

Rock on, man! Great post, great news!

Even I didn't know that.

Mainstream media is not covering such news!

I am going to change that. Am planning to promote crypto and ethereum to the general public really soon.

Will be posting my progress on it as it happens :)

Of course they wouldn't...wouldn't suit their government counterparts now, would it?

And you do that, good sir. And you lemme know if there's anything I can do to help.

I'll be following those posts.

Keep Steeming =)

This post has received a 0.94 % upvote from @booster thanks to: @bitcoinbutter.

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