Law firm ISOLAS LLP was once again involved in an exciting month of developments in Gibraltar’s Distributed Ledger Technology (DLT) industry.
Towards the end of 2018, the Government launched the Sale of Power Tender, for electricity generated via solar Photo Voltaic (PV) technology, in collaboration with the Gibraltar Electricity Authority, as part of its commitment to increase renewable energy production and reduce carbon emissions.
Huobi, the Singapore-based cryptocurrency exchange and asset management service provider, has been awarded a full Distributed Ledger Technology (DLT) licence by the Gibraltar Financial Services Commission (GFSC). After completing a rigorous application process, Huobi can now store and transmit value belonging to others using blockchain technology.
The Gibtelecom Group is set to launch Lobster, a new all-English mobile service in Spain, in the coming weeks.
The recently launched NEMO app has secured a place in the semi-finals of the Welcome Challenge Global Forum. The competition will be held at the end of October in Georgia. The Nautilus Project’s (TNP) marine biologist will be travelling to Tbilisi to present NEMO to a panel of judges.