On March 28, we will hold our first event in Tel Aviv: Blockchain & Bitcoin Conference Israel. There is a take-off of blockchain technology and a high interest of society and the state towards digital currencies in Israel today. That’s why it became one of the 20 countries where Smile-Expo will hold its blockchain conferences.
Blockchain in Israel
According to the results of a study by the consulting firm Deloitte, Israel is among the most developed countries in the field of blockchain. In its research report, the company described 38 startups working on blockchain applications.
Simplex is a startup that provides services for buying bitcoin using credit cards. The company offers this service to bitcoin exchanges and wallet providers.
Wave is a logistics blockchain company that works with participants’ electronic signatures. The entire supply chain (traders, logisticians, banks, carriers) in the application is linked through a consignment note - an official document used throughout the journey of the item.
Aleph Venture Fund invests in startups, which bring changes to the industry and offer new technical blockchain solutions.
Colu became the most discussed startup in Israel after an ambitious statement about the upcoming ICO with a target of $50 million. This project offers blockchain based digital currencies for local economies.
In addition to startups, large IT companies offering blockchain solutions are also working in Israel. For example, there is a Microsoft office there. In September of last year, a joint project of this company with the largest in the country Bank Hapoalim was announced.
Also, a line of the world's first crypto smartphones Finney is being developed in Israel. The devices will run on the Shield OS with open source.
Regulations: for progress and against money laundering
Israel is at the forefront of not only blockchain development projects, but also its legislative regulation. In January 2018, the Israel Tax Authority published a description of the bill, which introduces tax liabilities for cryptocurrency owners and ICO organizers.
Shortly before that, a report appeared in the Israeli press about the country considering issuing a national cryptocurrency, tied to the national currency – shekel.
The working group on studying digital currencies was created by the Israeli government in November 2017, it included the heads of major audit firms and professional institutions. One of its tasks is fighting money laundering that uses bitcoin and illegal transactions involving it, including Islamic terrorism. In 2018, the people of Israel expect new bill drafts on bitcoin and blockchain.
A platform for enthusiasts’ communication
Smile-Expo organizes a place for Israeli enthusiasts to communicate - Blockchain & Bitcoin Conference. This event with the participation of world-renowned experts and the brightest figures of the Israeli blockchain community will take a deep dive into the topic of decentralized technologies. It will give the participants currently important knowledge supported by case studies and opportunities for finding like-minded people and investors.
The conference program is already on the website!
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