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The Isle of Man is a well-respected digital jurisdiction with a robust infrastructure. Our versatility means we are fast followers, incorporating successful approaches and regulations into our proposition in line with business needs. We welcome innovative technology and will not regulate blockchain technology in isolation, this gives you the flexibility to best use this emerging and transformative technology.

Benefits of the Isle of Man Blockchain Office include:

  • The ability to work with a regulator to understand how regulation is evolving and how it will affect your business
  • Assistance in preparing for the regulatory sandbox
  • Guidance on future-proofing the product
  • Operate in a fully supportive environment through the sandbox, on to a successful exit and beyond
  • Being part of a blockchain community
The Blockchain Office's approach is to:

Facilitate the progression of your technology to regulation by understanding your requirements and explaining existing and future regulation.

Advise businesses, regulators and the government on blockchain.

Support enterprises to develop a platform with compliance in mind, sharing our knowledge and experience to help mitigate your organisational risk.

Horizon Scan and provide insight into the direction of the sector as developments and trends emerge.

Provide access to corporate services providers and other organisations that can support your business growth.

Encourage collaboration through our sandbox to align regulation with the sector's development, creating a centre of expertise.

 

Blockchain Sandbox

The Isle of Man Blockchain Sandbox is our testbed proposition. The Sandbox has been created for companies, providing a collaborative space for the live testing of innovative tech products, services and delivery mechanisms where the risks to ordinary financial consumers and the financial system are strictly contained.

Spearheaded by Digital Isle of Man, the Sandbox is a unique initiative designed to position the Isle of Man as the premier jurisdiction for blockchain based businesses to develop, test and perfect their product before launching on the global market.

We provide access to resources that help build successful and sustainable businesses by reducing time to regulation and increasing speed to value.

The Sandbox gives businesses:
  • A live test environment
  • The ability to run pilots
  • A restricted licence prior to production
  • Early feedback
  • Alignment with modern software development

To express your interest in joining the Isle of Man Blockchain Office, please complete the following enquiry form and a member of the team will contact you within 72 hours. Alternatively, please call us on +44 1624 687 500

 

We will not share your data with any third parties. Please refer to our privacy policy for more information.

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