NCDC gives K50,000 to Blockchain Pasifik

The National Capital District Commission has given K50,000 to support the Blockchain Pasifik 2018 convention.
Governor Powes Parkop made the presentation and launched the event in Port Moresby yesterday.
Event team leader Rex Paura said Blockchain Pasifik was a Papua New Guinea initiative. The event will be held from Oct 11 to 12 at the Convention Centre in Port Moresby.
“It will include a blockchain start-up expo, panel discussions featuring PNG and foreign experts on various uses of blockchain, investor opportunities for local and Pacific start-ups and a schools’ competition,” Paura said. Parkop said blockchain technology had the potential to help PNG and the Pacific to fast track into developed economies.
“I want to invest public money in this technology to explore it, as to how it will be useful in providing solutions and building our economy here in Port Moresby and PNG.”