Richard Branson's Private Blockchain Summit Begins on Necker Island – News Bitcoin News


Richard Branson's Private Blockchain Summit Begins on Necker Island

This week Sir Richard Branson and the Bitfury Group are hosting another ‘exclusive’ bitcoin and blockchain retreat on Branson’s private Necker Island. The third annual Blockchain Summit will feature a host of cryptocurrency and blockchain industry luminaries for three days.

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The Cryptocurrency and Blockchain ‘Elite’ Gather on Sir Richard Branson’s Necker Island This Week

Sir Richard Branson – founder of the company Virgin Group and a well-known bitcoin proponent is once again hosting his exclusive blockchain party on Necker Island. The private event has made headlines many times over the years for being called the “Bitcoin Illuminati,” for not inviting enough female entrepreneurs, the launch of the Blockchain Trust Accelerator, and the summit also witnessed the creation of the law enforcement friendly “Blockchain Alliance.” This year’s Blockchain Summit on Necker Island started on Tuesday, July 25 and will end on Saturday, July 29.

Richard Branson's Private Blockchain Summit Begins on Necker Island
Sir Richard Branson hosts the third annual Blockchain Summit at his private Necker Island.

Using the Technology for the Greater Good

This year’s summit is sponsored by Bitfury, Credit China Fintech, and venture capitalist Bill Tai. Further, there will be many special guests in attendance at the 2017 summit, like Greek Parliament member Eva Kaili, the Digital Citizens Fund founder Roya Mahboob, and former Estonian president Toomas Ilves.

“We’re always trying to invite the biggest thinkers of this world and discuss how we can use this technology to really do good,” said Bitfury’s founder Valery Vavilov told Forbes reporter Laura Shin.

Richard Branson's Private Blockchain Summit Begins on Necker Island
Bitfury’s founder Valery Vavilov at the Blockchain Summit 2016.

        Over Fifty Cryptocurrency and Blockchain ‘Leaders’

In typical Blockchain Summit fashion at Necker, many members of the digital currency and blockchain industry will discuss these emerging technologies on Branson’s private island. Other guests such as the blockchain music advocate and artist Imogen Heap will be in attendance. Additionally, summit attendees will see the Wall Street Journal writer Michael Casey, Brian Forde and Michael Casey of MIT, Civic’s Vinny Lingham, and Bitpesa founder Elizabeth Rossiello join the 2017 summit.

Podcast host and columnist Shin says the event will see over “fifty leaders representing the business, technology, government, academia, arts and non-profit sectors arrive on Sir Richard Branson’s private island to spend three packed days discussing blockchain technology.”

What do you think about the “Bitcoin Illuminati” gathering on Branson’s private Necker Island? Do you think meetings like these are good for cryptocurrencies and blockchain projects? Let us know your thoughts in the comments below.

Images via Necker Island and the Blockchain Summit Website. 

Tags in this story
BitFury, Blockchain Alliance, Blockchain Summit, Events, Laura Shin, N-Featured, Roya Mahboob, Sir Richard Branson, Valery Vavilov

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Jamie Redman

Jamie Redman is the News Lead at News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for News about the disruptive protocols emerging today.

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