On March 28, Tel Aviv will host Blockchain & Bitcoin Conference Israel, a large conference dedicated to all things related to blockchain technology, cryptocurrencies, and ICOs. Speakers will discuss the future of the crypto industry and blockchain companies will present their exciting, new developments.
Israel is known as the “startup nation.” Israel has more startups per capita than anywhere else in the world—and those startups (many of them blockchain-related) managed to raise over $5 billion in 2017 alone. Despite being smaller than the state of New Jersey and with fewer people, Israel has 94 companies listed on Nasdaq—more than any other country, barring the United States and China. Israel is home to many successful blockchain companies, including Bancor, Golem, Sirin Labs, and Jelurida (the company behind NXT and Ardor).
According to the Bloomberg 2017 Innovation Index report, the economy of Israel is among the top 10 most innovative world economies. It is not surprising, since the country allocates 4.25% of its annual GDP to research and development.
Such a development of fintech is facilitated by the Israeli authorities. The country has a state incubator supporting startups. And Investment Law allows foreign companies to reduce the rate of tax deductions to 10%, which makes the state attractive for foreign entrepreneurs. In addition, the Israeli Venture Capital Industry ranked 5th in the world for venture capital availability.
Israel is also one of the countries where cryptocurrencies have no defined legal status, but are still subject to taxation. Israel Tax Authorities issued a statement saying that any business connected with cryptocurrency should pay taxes on profits. Thus, in Israel cryptocurrencies are in fact included into the legal field. In addition, the authorities have intentions to protect the interests of investors and entrepreneurs by controlling the ICO. To do so, the ISA (Israel’s national securities regulator) has created a special committee aimed at finding out whether the securities legislation is suitable for ICO regulation.
Activities and Participants
Guests of Blockchain & Bitcoin Conference Israel are entrepreneurs, developers, investors, founders of blockchain startups, lawmakers, marketers, miners, traders, lawyers, and crypto enthusiasts.
The event will have conference speakers and panel discussions, as well as a dedicated demozone for upcoming startups to show off their ingenious ideas. Most conference discussions will focus on blockchain development in 2018. Being top experts, the speakers will share their experience of integrating blockchain into business, talk about the regulation of cryptocurrencies and tokens in Israel and abroad, as well as advise in which startups it is better to invest.
The demozone will bring together companies of the crypto industry from around the world, demonstrating their achievements and developments, as well as presenting their services.
The event is organized by the international company Smile-Expo, which has been carrying out events from the Blockchain & Bitcoin Conference network since 2014. Currently, its portfolio has 16 countries—including Russia, the Czech Republic, Switzerland, India, Turkey, and Australia, among others.
Invest in Blockchain will be at the Blockchain & Bitcoin Conference on March 28 at the InterContinental David in Tel Aviv, Israel. Even if you can’t make it in person, we will be providing coverage of this exciting conference to our readers.
Follow the news of the event and the program updates on the official website of Blockchain & Bitcoin Conference Israel. Hope to see you there!