UNLOCK: Blockchain News, Latest Trends and News about Blockchain Technology

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Hon. Silvio Schembri
Parliamentary Secretary for Financial Services Digital Economy and Innovation, Prime Minister Office, Malta

Hon. Silvio Schembri is the parliamentary Secretary for Financial Services, Digital Economy & Innovation at the office of the Prime Minister Malta.

Silvio Schembri was elected to Parliament in 2013 and was re-elected in 2017 on two districts obtaining the highest number of votes on district 6.   At the age of 18 he contested the Local Council elections of his hometown, Luqa, where he was elected alongside his father John who has since occupied the post of town mayor.

During the 2013-2017 Labour government Hon. Schembri was appointed by the Prime Minister to serve as the Chairperson for the Economic and Financial Affairs Parliamentary Committee, entrusted to lead critical discussions on the financial development of the Maltese economy. 

Prior to becoming a Member of Parliament, Hon. Schembri worked as an EU Fund Manager with the GAL Xlokk Foundation, advising private and public institutions including local councils within the southeastern Maltese territory, to access EU funding for capital and social projects aimed at helping further economic and cultural development. 

Through his efforts, Hon. Schembri contributed significantly for various projects designed to improve the social and environmental dimensions of various localities to be implemented.  His sterling work within several communities served as a stepping stone for Silvio to secure his place within the Maltese Parliament in 2013.

He graduated with Honours and a Master in Economics at the University of Malta where he is today a visiting lecturer in economics and finance. 

Hon. Silvio Schembri is married to Deandra, nee Scerri, who is a lawyer by profession and they have two children, Zak and Faith.

Why UNLOCK 2019

Blockchain is here to stay and is growing. Blockchain is set to have a market size of 2.5 trillion by 2021 from its current 548.2 billion in 2018. Over the last five years venture capitalists have invested more than $3 billion in Blockchain projects.  Over 90% of the banking industry is studying Blockchain initiatives, and governments around the world are setting up regulatory and legislative policies to tackle the issues arising from this new force-field.

According to market research Blockchain use cases are developing across 20 industry verticals most notably in supply chain, identity, security, financial services-commerce, and infrastructure.

For these reasons and more, we are holding the second edition of UNLOCK in Dubai UAE on January 15th-16th 2019 at the Ritz Carlton Hotel DIFC.


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