Steve Tendon is the Managing Director of TameFlow Consulting/ChainStrategies (https://chainstrategies.com), a consulting firm that provides research, analysis and strategy development for businesses that need to adopt or transition to Blockchain technologies.
A senior executive management consultant, adviser, speaker and author. Steve’s research and consulting work focuses on the use of emerging technologies — in particular Blockchain technologies — to improve business performance.
In 2016 he was the strategic adviser for the Ministry of Economy, Investment and Small Business (MEIB) of the Maltese Government, developed the vision of the "Blockchain Island" and designed Malta’s National Blockchain Strategy (unanimously approved by the Cabinet of Ministers in April, 2017). Subsequently he was appointed as the Strategy Lead to Malta’s National Blockchain Task Force advising the Financial Services, Digital Economy and Innovation (FSDEI) Office of the Prime Minister on implementing the country's Blockchain strategy.
In 2017 he founded and was the first Chairman of the Blockchain Malta Association.
In 2018 he founded the "My Blockchain Island" business club (https://my.blockchainisland.club)
In 2018 he was acclaimed in the "Lattice80 Blockchain 100" list of global Blockchain influencers (https://www.lattice80.com/lattice80-blockchain-100-report/).
In 2018 he received the Malta Blockchain Award for "Outstanding Contribution to the Blockchain Island 2018."
He holds a MSc in "Software Project Management" with the University of Aberdeen, a "MIT Fintech Innovation: Future Commerce" certificate with the Massachusetts Institute of Technology, and an "Oxford Blockchain Strategy Programme" certificate with the Saïd Business School at the University of Oxford.
Earlier this year I and Dr. Max Ganado listed several reasons (see our paper Legal Personality for Blockchains, DAOs and Smart Contracts) why recognising “Legal Personality” to so-called Innovative Technology Arrangements (ITAs) makes a lot of sense. (Note: An Innovative Technology Arrangement is a generic term used in the Maltese Blockchain Laws that encompasses blockchain/dlt platforms, smart contracts, DAOs, AI and other technologies that share the traits of autonomy and at times even self-sufficiency).
The idea of legal personality for ITAs is firstly received with a lot of skepticism. Lawyers, politicians, businessmen, policy makers, corporate service providers and in general those engaged in the business side of things have a number of reservations. Likewise, software engineers, open source proponents, technologists, and all those driven by the ideals of decentralized power are also skeptical about the idea. We listed a dozen arguments. While some of them might seem very abstract, academic and remote, there are very practical practical and important motivations that need to be appreciated.
But it is only when you are touched directly, in person, that you might relate to the significance of those arguments.
On March 2, 2018, the Blockchain Malta Association hosted an event entitled “Reflections on the DLT Regulation.” A number of lawyers and industry experts were invited to debate the consultation document issued by the Government of Malta and wherein the country’s intention to regulate the sector was presented. The consultation document proposed three new bills, which cover a broad range of issues.
The second of the three bills is about “Technology Arrangements and Service Providers” (TAS Bill). It is understood that the term “technology arrangement” was chosen to leave space in the future to cover not only Blockchain and Distributed Ledger Technologies, but also other “arrangements” such as Artificial Intelligence and Internet of Things.
When the Government of Malta announced the launch of a legal framework for Blockchain technologies on February the 16th, 2018, it was a major goal for me, personally. It represents the culmination of almost twenty months of work.
This is a brief recollection of the major of how Malta’s Blockchain strategy came to be and how it unrolled to this event.