Island becoming blockchain 'hotspot'

The Isle of Man is becoming a 'hotspot' for blockchain business, according to Island-based firm, SolutionsHub.

Its Chief Executive, Lee Hills, says the government deserves credit for embracing new technologies and adopting an open approach following the launch of Blockchain Isle of Man earlier this year.

The Isle of Man Blockchain Office, based in Victoria Street in Douglas, opened earlier this year to serve as a facility for those operating in the sector.

SolutionsHub, also based in the capital, was recently named Cryptocurrency Services Provider of the Year at the EGR B2B Awards in London last month.