Non-Profit
Organisation Sets Out to Strengthen Cayman’s Digital Sector

Grand
Cayman, Cayman Islands (25 June 2019) –
A new digital sector industry body called Digital
Cayman was
introduced by Hon. Moses Kirkconnell the Deputy Premier of the Cayman
Islands at the Cayman
Islands Digital Economy Conference (CYDEC)
Thursday, 20 June 2019. The non-profit organisation has been
established to support the growth and development of the Cayman
Islands’ digital economy.

“The
digital economy is growing rapidly, and the digital revolution is
well and truly underway on a global scale,” said Chris Wall,
Digital Cayman executive board member, owner of Walzzy Creative SEZC,
and co-founder of Grappzie,
a UK based digital first market place for personalised creativity.
“As an industry led, not-for-profit organisation, Digital Cayman
aims to cultivate Cayman’s dynamic and innovative digital ecosystem
to ensure that the Cayman Islands adopts and adapts to this
ever-changing environment.”

Following
a meeting with government representatives and industry professionals
held during the 2018 CYDEC conference, it was proposed that an
industry body be established to represent the industry and support
the Cayman Islands Government with relevant policy and legislation
development. “We’re on a mission to strengthen Cayman’s digital
sector by advocating for positive policy changes that will encourage
the growth of the digital sector while adhering to appropriate
standards for risk and reputational management purposes,” explained
Paul Byles, Digital Cayman executive board member, founder of the
CYDEC conference, and director at FTS.

Hon.
Tara Rivers the Minister of Financial Services and Home Affairs
remarked at the CYDEC event, “We look forward to engaging with
Digital Cayman as we explore new regulatory needs and legislation to
ensure that the Cayman Islands remains at the forefront of innovation
and compliant with International standards.”

John
Edge, Digital Cayman committee member and Connection Science Fellow
at MIT said that the growing number of opportunities for the Cayman
Islands is significant. “Digital Cayman is a much-needed industry
group which will coordinate and champion opportunities to make
certain that the Cayman Islands plays a meaningful global role in the
data economy through its proven trust and fiduciary services.”

Digital
Cayman is currently being facilitated by a steering committee of 15
technology professionals and industry leaders and is supported by
Cayman’s technology-focused special economic zone Cayman Tech City
by Cayman
Enterprise City (CEC).
During the announcement members of the public were invited to
register their interest by visiting www.digitalcayman.com
and by following Digital Cayman’s social media platforms
@DigitalCayman.

For
more information visit www.digitalcayman.com
or email mail@digitalcayman.com.