Wednesday, January 30, 2019

BPNG’s blockchain ‘Proof of Concept’ trialled in Port Moresby and Central Province

By NIGEL KAUA | NEWS

In Papua New Guinea (PNG), the Bank of Papua New Guinea (BPNG) has spent the last few years researching and trialling the use of Distributed Ledger Technology (DLT) or the blockchain technology.

BPNG has successfully completed a ‘Proof of Concept’ in both an urban setting (that is, in Port Moresby) and a rural setting, in Lalaura Village, Abau District, Central Province.
Its ‘Proof of Concept’ will be piloted locally and will engage local expertise in this exciting project, tailored by locals for local applicable and usage.


The bank has sent out an invitation, through a paid advertisement in the newspaper seeking suitably-skilled and minded individuals to submit a Registration of Interest to participate in potential Distributed Ledger Technology (DLT) software development or blockchain technology training.

Selected individuals were invited to participate in a series of interviews, aptitude tests and trials to secure a potential place in DLT software development and blockchain technology training course. 



The bank wants to train local Papua New Guineans on blockchain technology and DLT to take lead in FinTech in PNG and the Pacific.

All registrations should be completed on-line and e-mailed to the BPNG via its point of contact; Avilly Bina, The Quality Assurance, Change & Policy Manager. Email address: abina@bankpng.gov.pg . Submissions close by 5pm, 21st December 2018. - Via Garamut News. 


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