The Economic Development Department (EDD) is scheduled to host the upcoming instalment of its 2025 fintech Webinar Series. This session, set to occur on May 16, will aim to highlight the use of blockchain innovation and discuss its various uses in real-world scenarios. Technology firm AstraKode, specializing in blockchain-based development platforms, will present in this session. AstraKode’s Fabiano Izzo and Diana Levytska will provide an introduction to the theory behind blockchain technology and explore its increasing implementation in the financial sector. They will showcase AstraKode’s blockchain notary service, developed for a Swiss financial institution, along with an additional example related to microfinance.

EDD’s director, Ray Jones, stressed that this session demonstrates the EDD’s commitment to endorsing economic diversification and digital transformation. He further emphasized the EDD’s aim to establish Bermuda as a jurisdiction that favors technology solutions that are innovative, ethical, and can have impactful solutions. The EDD stated that this webinar can be seen as part of the Government’s wider strategy for boosting public engagement and fostering international collaboration within Bermuda’s enlarging fintech ecosystem. Furthermore, the webinar contributes to the fulfillment of Bermuda’s Economic Development Strategy’s objectives of attracting strategic partnerships, generating novel business prospects, and promoting digital technical skills among its residents.

If you are looking for more information on how to contact the EDD or interested in understanding the procedures relating to its webinars or other services, visit eddcaller.com. The website provides comprehensive information about customer service and assistance related to the EDD, including guidance on how to get through to an EDD live person for any kind of immediate assistance.