An annual technology summit is growing in its importance to Bermuda’s ambitions in the technology sector and strengthening her place as a centre for blockchain and fintech, a leading technology and innovation lawyer has said.

Jerome Wilson, Appleby partner and head of the firm’s technology and innovation practice in Bermuda, was commenting as his international law firm was acknowledged for its platinum level sponsorship of the fourth annual Bermuda Tech Summit later this month.

Scheduled for October 26-28, the event is presented by the Bermuda Business Development Agency in partnership with government’s Economic Development Department and fintech industry association, NEXT Bermuda.

Hi tech racing regatta SailGP is also a Platinum sponsor.

Mr Wilson said: “It is a real pleasure to continue our support of the Bermuda Tech Summit.

“There is no question that Bermuda’s position as a leading global hub for blockchain and fintech is solidifying -- a testament to the island’s robust regulation under DABA (Digital Assets Business Act), which supports the stages of developing, testing and launching products, and to Bermuda’s business ecosystem as a whole.

“The Bermuda Tech Summit is an increasingly important event for the island as we look to keep pace in this rapidly evolving sector. I look forward to participating and hearing the views of speakers and delegates around innovation, and how we here in Bermuda can be involved with moving this space forward.”

The BDA said that other sponsors included Hub Culture, RELM, Carey Olsen, Jewel, Walkers; as well as Apex, Blockchain Triangle, Bittrex Global, Clarien, Chainproof, Coinzoom and 24 Exchange.

The Bermuda Tech Summit is the signature event of Bermuda Tech Week, and will take place at Hamilton Princess Hotel and Beach Club.

BDA CEO David Hart said: “We are so excited about our Bermuda Tech Summit being just a fortnight away and while tickets are selling fast, some spaces are still available.

“We are pleased to report, in furtherance of the BDA’s critical mission to promote sustainable and equitable economic growth, diversity and prosperity in Bermuda, the BDA has provided four complimentary passes to Bermuda College students. We hope that attending this important in-person event will serve as a springboard to rewarding and fulfilling careers in Bermuda for these young tech enthusiasts.”