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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 as we see fit. 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.

The benefits of the 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 access to resources that will help build successful and sustainable businesses

Advise businesses, regulators and the government on blockchain

Create a centre of expertise, attracting the highest quality businesses

Connect with other international sandboxes

Align regulation with the sector’s development, the Island’s versatility means we can incorporate successful approaches and regulations as we see fit

Support innovation in this sector. We love innovative technology and will not regulate blockchain technology in isolation

 

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 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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