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The £50m investment fund that could help you to start and grow your business

05 June 2017

It’s great to see that several agreements have now been reached under the Department of Economic Development’s Enterprise Development Scheme (EDS), with funding of more than £1.2 million so far committed to helping new businesses to the Island and expand existing on-Island firms.

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Movers, shakers, relocators

27 September 2016

The introduction of work permit exemptions for ICT professionals was a great step forward for the Isle of Man and demonstrates how a flexible Government can really work for the economy. In the ICT sector, we need additional digital expertise and we need it now. The result of the ICT work permit exemption is that recruitment for ICT positions on the Island is now a faster and smoother process with minimal red tape from Government. This means that the rapidly growing ICT sector can get the right skills in the right jobs right now. Ultimately, growing our base of taxpayers and the workforce contributing to the Island is in the public interest for the long term development of our thriving economy.

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Disruptive innovators: The next twenty-one years

30 August 2016

I travelled off island recently. On my travels I did what any one of us will do on a day to day basis while away from home on business. I took images of business card details for upload to our CRM system. I travelled by public transport and taxi to meetings and business lunches. I stayed in comfortable but reasonably priced hotels.

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The Internet of Things: Intangible Concept, Real World Results

25 July 2016

In the world of IT, telecommunications and fintech one term has come to ubiquitously bring together a world of connected possibilities previously thought impossible. This term wraps together myriad possibilities, many previously unconsidered, many with a real possibility of improving (and in some cases extending!) our lives. The Internet of Things is here to stay and it’s the biggest thing in tech that you may not have heard about. The Internet of Things is everywhere and I would argue embracing it is the next vital step in our economic development.

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Is Banking About to Have its Social Media Moment?

01 April 2016

In my previous blogs I have written about the importance of the millennial generation and how this group is changing the face of wealth management. This is this very same generation that is driving technological change in the fintech space (where finance meets technology). Not only does this generation not see a traditional bank branch in their future, they expect banks to provide them with state of the art products and services they demand. This is, in many cases, at odds with what the traditional banks think they can sell to this market segment.

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When all the Hype is gone….

24 February 2016

If you haven't been aware of the international levels of excitement around Blockchain in the last few years you may have been living in a parallel universe!

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Data... The New Asset Class

12 February 2016

Our increasing reliance on data is causing it to evolve into a progressively valuable asset that needs effective protection. Unfortunately we are seeing a few stories in the news about data being hacked, or worse, stolen, meaning the need for exceptional protection is on the rise.

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In the future, banks may hold identity, not cash!

30 July 2015

The biggest transfer of wealth in human history is now underway, as “Baby Boomers” (those born from 1945 to 1965) pass their assets onto their children also known as “Millennials” (those born from 1980 – 2005).

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The end of the Middleman?

02 July 2015

The Isle of Man, indeed the entire World, stands on the edge of a new technology era. Since the arrival of the Internet a piece has always been missing. That has all changed now with the arrival of decentralisation via the Internet.

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Isle of Man Blockchain 2.0 Apps gain further momentum

15 May 2015

In my last blog I wrote about developments in our Blockchain cluster in the Isle of Man and how many of our businesses are going from start-up to stardom via VC’s that have been attracted to our technology quality and subsequently invested significant capital. Our next objective will be to ensure that the Isle of Man will be the jurisdiction most closely associated with innovation.

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Isle of Man Blockchain cluster expansion!

26 March 2015

A powerful Blockchain cluster has emerged with some dynamic start-ups in the Isle of Man!

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Reduce wealth to pure data and transmit it round the world cost-free!

05 February 2015

I guess everyone is talking about the Coinbase news and the eye-watering valuations being ascribed to new businesses in the crypto space. Coinbase has just raised $75 million and is now backed by NYSE and the BBVA banking group. Crypto is indeed going mainstream!

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The Isle of Man first again and proud!

22 December 2014

The Isle of Man is a great place. It makes me proud to know my home is a heavy hitter when it comes to success. Along with the TT motorcycle races, here’s a taster of the world class quality we’re famous for: 3G high speed cellular/mobile technology was trialled in the Isle of Man and was the first country in Europe to commercially launch it, the Isle of Man was the first Island in the world to be mapped for GPS (Global Positioning Satellite) purposes.

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When Money 2020 met Vision 2020!

25 November 2014

What is the future of money? I recently attended Money2020, an annual financial technology innovation summit held in Las Vegas, which looked into this.

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Isle of Man - the new world capital of Crypto 2.0

31 October 2014

I previously wrote about the development of the digital payments and digital currency space in the Isle of Man and the technological infrastructure that supports this. As we look to the future we see many new exciting opportunities growing from this base.

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How the Isle of Man became a digital business success? Byte by byte!

09 October 2014

Due to its geographical location, strategically positioned between Ireland and England, the Isle of Man enjoyed early telecommunications success. This was because undersea telecom cables running long distances from Ireland to England could be operated, supported and serviced better if routed through a location between both points - the Isle of Man was the solution!

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Digital Currency: the new-age “disruption”

16 September 2014

One day before the inaugural Crypto Valley Summit (being held on the Isle of Man on 17-18 September this week) I thought I would reflect on how digital currency and the technology behind it is shaping the future of the Isle of Man and the wider world.

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"Warning - Disruptive Technology Ahead"

23 July 2014

According to some well-known analysts the rise of disruptive technology is unstoppable. This is especially true when household names like Facebook and others (the so-called tech giants) target their new disruptive technologies at very lucrative business sectors which continue to use old legacy systems and work practices.

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The Isle of Man will never walk alone in Liverpool!

30 June 2014

What more can I say about Liverpool, city of the famed golden sky -it's still fabulous, friendly, full of business opportunity and fun!

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Google I/O extends to the Isle of Man

17 June 2014

The Isle of Man has had another fabulous TT fortnight and is enjoying some exotic sunshine as I write this (June 17th). In San Francisco another sunny place, the team at Google are putting the finishing touches to their plans for the Google I/O conference on June 25th and 26th.

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Isle of Man life in the fast lane

13 June 2014

Many of you will know the Island punches well above its weight when it comes to sports… Now meet another Manx sporting success story – Chris Mealin is a 20 year old proud Manxman now taking the motorsport world by storm.

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Good Investment and Social Media work well together in the Isle of Man

30 May 2014

Many of you will be familiar with the term "crowdfunding", a by-product of the financial crash. As the name suggests, investment funds are provided to worthy start-up businesses by small crowds of private investors each willing to invest small amounts of cash via promotion over the Internet. The sheer volume of small investor loans can amount to substantial investment sums for the start-up involved.

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Digital strategy - fail to prepare or prepare to fail - your choice

24 April 2014

I’ve recently returned from the 27th annual Game Developers Conference in San Francisco which was full of speaker panels with titles reflecting success in this sector such as “The Sound of Grand Theft Auto V” and “The Art of Reanimating Plants Vs Zombies 2”

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Fit for a King – or a Rockstar

10 December 2013

If you haven’t heard of Rockstar, you probably know of its most successful product: the world-famous video game Grand Theft Auto. Having cost US$300m to develop, GTA5 made US$800m in its first 24 hours of release this September, and has now sold an estimated 28 million copies worldwide - more than all previous GTA releases combined. In other words, it’s been a huge commercial success.

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The Internet, leaks and opportunities

15 November 2013

The Internet like any other pipeline infrastructure is prone to occasional leaks and the World Wide Web is no exception. In the past several months we have had a daily media diet telling us about security leaks and how alleged espionage is being conducted on the Internet on an industrial scale.

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