NCD Governor Supports Blockchain Pasifik Event

Papua New Guinea, Blockchain pacifik

Powes Parkop, the governor of NCD, confirmed his full support for the Blockchain Pasifik event. The event which will take place in October 2018 in Port Moresby and aims at promoting the breakthrough in technology. The governor believes that the move is a significant step for the development of the country. Blockchain technology is revolutionizing the way the digital world operates. Its application in digital currencies, decentralized identity, ledger structures, markets and generally any working system or information that can be operated and stored using the decentralized database.

Blockchain technology is mainly applied in service delivery and system of governance across Papua New Guinea. The technology will offer high levels of transparency and efficiency which are missing country as par now. Blockchain Pasifik and Governor Parkop view Port Moresby as a city full of opportunities in the Pacific taking the leading role in the best technologies. More details about the collaboration will be brought out during the official press launch that will take place on 3rd July 2018. The press release will give the governor a platform to make several announcements.

Blockchain Pasifik is hoping to bring together experts from various fields ranging from digital commerce and banking to eliminating corruption from abroad and PNG. The groups will be brought together in a two-day event that will take place the capital city of Papua New Guinea. The event will officially launch the blockchain technology and its benefits to Papua New Guinea. This initiative is run by a team from Papua New Guinea under the stewardship of Team Leader Rex Paura. However, some citizens are not happy with the governor’s move. Some of them said that there were a lot of critical issues to be worked on before bringing in the technology for instance threats of cyber security which is a norm in the country. They also said that the country should be informed about the advantages and disadvantages of the technology before bringing it into the country. So the initiative is going to receive some resistance from the citizens of PNG.

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Written by Denis Opudo

Am an engineer who's a tech blogger, hit me up on [email protected] and we base our discussion on technology in Pacific countries and the rest of the world.
Denis the Tech guru

Leave a Reply

Your email address will not be published. Required fields are marked *

The Impact of the Sale of ANZ’s SME, Commercial and Retail Business to Its Clients

Startup&Angels Port Moresby #2