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BUSINESS TODAY 16 May 2019

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16.05.19 7 INNOVATION Prime Minister Joseph Mus- cat reiterated his government's pro-business philosophy, cre- ating the right environment for business to foster and flourish and create quality jobs. is was the only way that economic growth can be sus- tained and in turn, the govern- ment can address those seg- ments that need support. "Chiliz," Muscat said, "is a great example of how this ecosystem can be enriched through the generation of ide- as that cut across more than one sector; ideas that form the main building blocks of these intangible form of investment and ideas that will attract new ideas, encourage new ones and be truly innovative." Chiliz is the company behind the world's first fan influence platform for sports fans - Soci- os.com (see back page) that will in the coming months' launch Fan Tokens for world-famous football clubs such as Juven- tus, Paris Saint-Germain and West Ham United with an- other partnership expected to be announced in the coming months. e mobile app is powered by a digital currency of the same name or $CHZ. e new campus also hous- es world-leading crypto ex- changes and service provid- ers in a state-of-the-art office space, which includes a fully equipped live-streaming stu- dio. Acting as the European gate- way for Asian blockchain or- ganisations, the Gzira Cam- pus also boasts a number of partnerships with leading blockchain accelerators and hubs across Europe and Asia, so that users can share facili- ties wherever they are in the world. The Campus is a collabora- tive space designed to help Malta's blockchain communi- ty grow and to work together to achieve mainstream adop- tion. "Chiliz is a great example of how this ecosystem can be enriched through the generation of ideas that cut across more than one sector" "I am aware of the agony that certain companies are experiencing when it comes to opening bank accounts. I appeal to banking institutions not to turn their shoulder on this new emergent sector and encourage them to step up their game, adapt and adapt to this ever- changing scenario." Alexandre Dreyfus with Prime Minister Joseph Muscat and Parliamentary Secretary Silvio Schembri

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