Gibraltar Association for New Technologies Supports HackOnLisk

PRESS RELEASE No. 550/2021 Date: 22nd July 2021

Gibraltar Association for New Technologies Supports HackOnLisk As a member of the judging panel, GANT’s Philip Vasquez will work with other industry leaders to support the next generation of blockchain developers Gibraltar – 22nd July 2021 - H.M. Government of Gibraltar is delighted to announce the Gibraltar Association for New Technologies will take part in HackOnLisk, a hackathon led by Lisk, the platform for building blockchain applications using JavaScript, with Philip Vasquez as a member of the judging panel. The Hackathon began on 21st May and will run until 23rd July.

HackOnLisk is bringing together talented blockchain developers and creative entrepreneurs to support innovation on the Lisk blockchain. Philip Vasquez will sit on the judging panel alongside industry leaders including Max Kordek, CEO and Co-Founder of Lisk Foundation, David Wachsman, CEO of Wachsman PR, Sven Wagenknecht, Editor-in-chief of BTC-ECHO, and Max Yakubowski, Opinion Editor at Cointelegraph. Participants have the opportunity to win prizes to the value of $33,000 USD, and access to the technical expertise of the Lightcurve development team and support from Lisk’s core community.

Commenting, Albert Isola Minister for Digital and Financial Services said, “Events like HackOnLisk are seen as highly important to the sustainable development of the global blockchain ecosystem, in line with Gibraltar’s keen commitment to balancing regulation with innovation when it comes to emerging technologies. HackOnLisk is a wonderful opportunity for industry-leading developers and entrepreneurs to collaborate and discover new innovative solutions. In Gibraltar, we are passionate about fostering an ecosystem for DLT and blockchain that has education and learning at its core. We’re really excited to see the projects and support this initiative through GANT.” In January 2018, Gibraltar became the very first jurisdiction globally to introduce legislation around Distributed Ledger Technology (DLT), and has since asserted its position as a leading blockchain and cryptocurrency hub. It is now home to some of the most successful companies in the world. The Gibraltar Association for New Technologies is a trade association that was set up in 2018 to drive Gibraltar’s innovative approach to new technologies, and in particular, Distributed Ledger Technology (DLT).

Ministry of Digital and Financial Services HM Government of Gibraltar • Suite 771 Europort • Gibraltar GX11 1AA t +350 20068052 f +350 20047677 e mc@gibraltar.gov.gi w gibraltar.gov.gi

Commenting on the event, Max Kordek, CEO and Co-Founder of Lisk Foundation said, “We are delighted to see leading technology companies and fast growing blockchain developers come together for HackOnLisk this year. We’re excited to see the ideas and solutions that our participants come up with, and even more so, the effect that they will have on the blockchain ecosystem and beyond.”

Philip Vasquez, a member of the Executive Committee of GANT commented, “It has been a great privilege and opportunity to be able to participate in the judging and review of some great submissions in the HackOnLisk hackathon. Some of the concepts submitted have been eye opening as to what is being built in the short to medium term on Lisk and the wider distributed ledger ecosystem. At GANT, we aim to be involved in the development of opportunities in Distributed Ledger Technologies and financial technologies. Being able to participate in Lisk’s HackOnLisk hackathon is in keeping with this ambition and we look forward to observing the developments on Lisk and the wider distributed ledger technology community.” ### Minister for Digital and Financial Services, The Hon Albert Isola MP, is available for interview.

Media Contact: Eleanor McGovern – Consultant Wachsman E: gibfin@wachsman.com P: +353 87 933 7769 About Gibraltar A British Overseas Territory, Gibraltar is a self-governing and self-financing democracy that has established itself globally as a reliable centre for the blockchain and digital assets industry. In January 2018, Gibraltar became the very first jurisdiction globally to introduce legislation around Distributed-Ledger-Technology (DLT), and has since asserted its position as a leading blockchain and virtual assets hub. With Gibraltar’s core values of regulation, reputation, and speed to market at the foundation of its efforts within the blockchain industry, Gibraltar is now globally renowned for its commitment to creating a sustainable and secure regulatory framework for DLT, as well as being one of the leading proponents in the advancement of the technology. For more information please visit http://www.gibraltarfinance.gi/en/home About Lisk Lisk is an open-source blockchain application platform and was founded by Max Kordek and Oliver Beddows in 2016 and raised over 14,000 Bitcoin (BTC) in its initial coin offering, making it one of the most successful crowdfunds at that time. With a goal of making blockchain technology accessible for everyone, Lisk's software development kit (SDK) allows developers to build blockchain applications in JavaScript, the world's most widely used programming language.

Lisk is an industry leader in blockchain interoperability and will allow for the deployment of side chains onto the Lisk blockchain, enabling blockchain applications to scale while still connecting to the wider Lisk ecosystem.

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The Lisk network is operated using a highly efficient delegated proof-of-stake consensus algorithm, which is secured by democratically elected delegates and maintains a significantly lower energy consumption than proof-of-work networks, such as Bitcoin.

For more information, visit https://lisk.com/.

About GANT The Gibraltar Association for New Technologies (GANT) has been established to inspire, cultivate and advocate Financial Technology in Gibraltar. GANT aims to provide you as an individual a versatile association that can foster personal development, education, and networking opportunities in Finance, Blockchain and Distributed Ledger Technology. Its members apply and integrate these concepts through seminars, extracurricular activities and related programs. As a corporate member, you will be able to collaborate with the associations, other corporate members, individuals, related public authorities of Gibraltar and other professional bodies. You will have the opportunity to join GANT’s marketing and advocating initiatives to promote and protect the growth of new technologies. http://www.gibnew.tech/

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