Sixth Annual

June 2020

Hosted by Bitfury and ACTAI Global

on Sir Richard Branson's Necker Island


The annual Blockchain Summit, hosted every year by Bitfury and ACTAI Global, is a gathering place for tech experts, world leaders and global changemakers to discuss the applications of blockchain technology for good.

The past five Blockchain Summits have fostered innumerable partnerships and projects, including the Global Blockchain Business Council, the Blockchain Trust Accelerator and the Blockchain Alliance. These are just three examples of the powerful impact that dedicated leaders can have when they join forces beyond the conference room—and think about how to solve ever-pressing global challenges.

“Our annual summit on Necker Island welcomes world leaders, visionaries and entrepreneurs working to make the world a better place through the use of game-changing technologies like blockchain, digital currencies, artificial intelligence and more."

Valery Vavilov, CEO and co-founder of Bitfury


This exclusive event invites world leaders and visionaries for a set of intimate discussions highlighting critical issues and solutions and to lay out the framework for a world where humankind is fully benefiting from blockchain technology.


from past Blockchain Summits

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Coverage of the Blockchain Summit

Salesforce Explores Blockchain To Stop Biased Robots From Ruining $1 Trillion Opportunity

Michael del Castillo

The reasons algorithms behind AI become biased are myriad. One possible solution, according to Adam Caplan, Salesforce’s head of blockchain, is to structure and track the disorganized data using a shared, distributed ledger, or blockchain, similar to the ledger that tracks bitcoin transactions. At the fifth annual Blockchain Summit, Caplan described how the consumer resource management (CRM) giant is looking into ways blockchain can track the origin of biased data. The summit, which aims to inspire interdisciplinary projects that benefit society, is hosted by Bitfury, a member of Forbes Blockchain 50.

Beyond Blockchain: Richard Branson Faces Hard Realities Of Building A Borderless World

Michael del Castillo

It is this interconnectedness of the global economy that another participant of the Blockchain Summit thinks is central to blockchain’s ability to do more than just break down borders. Summit co-host and co-founder of blockchain startup Bitfury, Valery Vavilov, explained how he thinks the nature of competition itself could eventually be undone.

Sir Richard Branson Literally Stands Up During Blockchain Summit To End Single-Use Plastics

Michael del Castillo

Billionaire entrepreneur Richard Branson literally stood up today at his resort in Marrakesh, Morocco, and committed his Virgin companies to ending the use of single-use plastic. Like a set of dominoes in reverse, the audience, comprising about 30 blockchain entrepreneurs, a senior-level government official, retired regulators and more, stood up beside him and in front of him. Branson was speaking on a panel called “Saving the Planet (A Bit at a Time)" during Bitfury's annual Blockchain Summit.

Moving To Marrakesh: Why The Blockchain Summit At Richard Branson's Private Island Moved To Africa

Michael del Castillo

In the aftermath of Hurricane Irma, the leaders behind the Blockchain Summit, normally hosted at Richard Branson's own personal Necker Island, saw an opportunity. The Category 5 storm that destroyed the retreat and thousands of private residences last year forced the event's cohosts to reevaluate its setting, and they wanted to do so with a sense of purpose.

Blockchain Summit Examines The Role Of Privilege In Spreading A Democratizing Technology

Laura Shin

Ever since Silicon Valley’s elite became interested in cryptocurrency, they have grappled with the question of how, in their quest to build these decentralized, blockchain-based systems that have the power to democratize society, they should manage their own privilege and influence.

Blockchain Summit Asks, How Can Bitcoin And Blockchain Technology Empower Women?

Laura Shin

When Roya Mahboob, 30, a serial entrepreneur from Afghanistan, began her startup, Women’s Annex, a platform for women to upload blogs and videos and be paid for views, the company found that paying the women didn’t empower them financially. While by law Afghan women could have bank accounts, their families didn’t want them to. “For one woman, her husband always hit her and took all the money from her,” said Mahboob, who then learned about Bitcoin and decided to begin paying the women with it.

Necker Island Blockchain Summit Kicks Off With Doses Of Idealism And Realism

Laura Shin

Many blockchain and crypto asset-focused conferences have an obvious financial focus. But the most idealistic and socially conscious of them, the Blockchain Summit hosted by the Bitcoin mining and blockchain services company Bitfury Group and venture capitalist Bill Tai, commenced Tuesday on Sir Richard Branson's private island, Necker, with a different bent. Before even arriving on the island, some attendees on the same flight dived right into discussions of how to use crypto tokens to create social good such as reducing air pollution.

On Sir Richard Branson's Necker Island, Bitfury Hosts Third Annual Blockchain Summit

Laura Shin

Hosted by blockchain services company Bitfury and its board member, venture capitalist Bill Tai, with special support from Credit China Fintech, this year’s summit on Necker Island features attendees from around the globe such as former Estonian president Toomas Ilves, renowned Peruvian economist Hernando de Soto, Afghan tech CEO Roya Mahboob and Greek European Parliament member Eva Kaili.

Bringing Together Thought Leaders to Create Global Change

Sir Richard Branson

Not only is Necker Island a wonderful place to relax and unwind, it’s also a great setting for free thinking and innovation. It has an incredible power to prompt people to think differently and dream big. Knowing this, every year we welcome a number of groups to the Island for gatherings that encourage inspiring collaborations. One of my favourite annual get-togethers is the Blockchain Summit. The technology behind the Blockchain has great potential to change the world in an incredibly positive way. It may be a niche subject that many people haven’t heard of, but it’s something that all business leaders should become interested in and educated about. It’s an extraordinarily pervasive technology that touches a lot of mankind.

Sir Richard Branson Hosts Blockchain Summit This Weekend

Laura Shin

What is arguably the most exclusive blockchain industry conference, the Blockchain Summit, sponsored by the BitFury Group and MaiTai Global, kicks off its second annual event this Saturday on long-time innovator, futurist and entrepreneur Sir Richard Branson’s Necker Island in the Caribbean. This year, the notable attendees of the Blockchain Summit include Marietje Schaake, a member of the European Parliament whom the Wall Street Journal called “Europe’s Most Wired Politician;” Jim Newsome, the former chairman of the Commodity Futures Trading Commission and the New York Mercantile Exchange; and Beth Moses, aerospace engineer for Virgin Galactic.

BitBeat: Grand Plans for Bitcoin From Necker Island

Michael J. Casey

The group, which the summit web site described as comprising “the greatest minds in digital innovation,” explored multiple projects that would use the blockchain – the core ledger technology underlying bitcoin – to change the lives of billions of people.

Lucy Liu Touts Blockchain Tech at Discussion on Branson's Island

Yessi Bello Perez

Block Chain Summit, the exclusive bitcoin event held on Richard Branson's private island, has revealed a surprising advocate of blockchain technology.
According to tweets from Necker Island, actress Lucy Liu – better known for her work in Hollywood blockbusters and Sherlock Holmes reboot Elementary – joined participants for a Skype discussion on how the blockchain could play a role in identity management.

Shaping serendipity

Richard Branson

We recently hosted the Blockchain Summit, a four-day gathering of digital innovators that was organised by the team behind the MaiTai gatherings. It was fascinating debating new developments in the industry and mapping out what the future holds. The meetings didn’t just discuss topics like Bitcoin though. The likes of Hernando de Soto shared their thoughts on the future of the world, while we also played hard – as this incredible video of kitesurfing off the Great House roof shows. As I shared recently, a high-tech product was even conceived, developed and launched – all on the island.

Richard Branson holding digital currency summit on private Caribbean island

But this May, Virgin Group founder Richard Branson is set to hold the conference on Necker Island, his 74-acre private island in the British Virgin Islands, to discuss the future of Bitcoin, Blockchain and digital currency. (Blockchain is the software infrastructure that supports Bitcoin transactions — not to be confused with, which is a digital wallet service.)

Branson is sharing hosting duties with Valery Vavilov, the CEO of Bitfury, a company that develops servers for “Blockchain transaction processing,” Pro kiteboarder Suzi Mai and VC Bill Tai, the co-founders of MaiTai Global and George Kikvadze, the managing director of the Georgian Co-Investment Fund.

Blockchain and how it will change everything

James Eyers

In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence for an exclusive pow wow on an issue occupying some of the top markets minds in the world. The topic for discussion on the picturesque Necker Island was the "blockchain."


The Bitfury Group is the world’s leading full-service blockchain technology company. Bitfury is building solutions for the future, with the most significant technologies of the millennium. Our mission is to make the world more transparent and trusted by innovating at every level of technology – hardware, security, and software – to put trust back into the equation.