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Tag: New Guinea

Papua New Guinea Works With U.S. Blockchain Startup to Operate Special Economic Zone

Category: Blockchain, Business, Finance, News, Regulation, Tech

Papua New Guinea Works With U.S. Blockchain Startup to Operate Special Economic Zone

Ledger Atlas, a US-based blockchain firm founded by Tim Draper’s mentees, Jack Saba and Shane Ninai, recently signed a Memorandum of Understanding (MoU) to “develop and operate”a special economic zone(SEZ) in Papua New Guinea. The economic zone will function like a “free market that pushes all [participants] to provide the best possible [blockchain-based] services,” said Saba. The US-based startup will…

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