Author Topic: ‘Blockchain Island’ Thriving: Malta Set to Lead European Growth in 2020  (Read 4 times)

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Malta looks set to lead Europe as the continent goes into its seventh consecutive year of economic growth. The island’s economy is forecast to expand by 4.2 percent over the course of 2020, driven, in part, by its embrace of blockchain technology.

The growth forecast figures come courtesy of the EU Commission. The organization summarised the economic projections made for European Union’s member states in a report titled, “Autumn 2019 Economic Forecast: A challenging road ahead” on Twitter earlier today.

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I feel happy for Malta to be honest. They've been consistent for their growing economy, especially adopting the disruptive blockchain technology in the island. Right now, my friend and business colleague is there attending the Medical Cannabis event and the Malta AI and Blockchain Summit.

I think they're doing a great job to be honest. I just feel like other countries should follow suit, especially in the Southeast Asia market. However, it's not easy to be consistent for economic growth, you know? There are always challenges and setbacks that are coming in their way, but they continue to thrive and it's hard for them to stop growing.

What would be your opinion or thoughts about this guys? Thanks in advance.