Monday, January 7, 2019

PNG Central Bank seeks local blockchain enthusiasts to implement its 'Proof of Concept'


THE Bank of Papua New Guinea (BPNG) has spent the last past two (2) years researching and trialing the use of Distributed Ledger Technology (DLT) in Papua New Guinea. 

Having successfully completed a Proof of Concept in both an urban setting (Port Moresby) and a rural setting, Lalaura Village, Abau District, Central Province, the Central Bank has been presented with an opportunity to train suitable qualified and enthusiastic Papua New Guineans to develop the skills and capabilities to build a variety of business solutions using blockchain technology. 


The Central Bank is in a mission to identify the level of interest within the PNG software development community whom can be able to participate to implement the Proof of Concept.

BPNG Governor Loi M. Bakani is calling on interested Papua New Guineans who are keen for a training opportunity in blockchain technology to contact the bank. The training will commence in early 2019. 



In a statement released to PNG media, Mr. Bakani stated that prior to committing time, resources and money (funding) in enabling the implementation of the Proof of Concept, a pool of blockchain enthusiasts from PNG to be identified and selected.

In association with the APEC 2018 meeting, an International Blockchain Pasifik 2018 conference was hosted in October in Port Moresby, gathering a pool of blockchain enthusiasts and startups in PNG and the Pacific.

The Blockchain Pasifik 2018 conference was sponsored by the Australian Government and supported by PNG Government which sees a pool of interesting blockchain startups from PNG and the Pacific.



Blockchain Pasifik 2019 conference will be announced earlier next year.

The Central Bank does not wish to receive registrations of interest from individuals who have no particular interest in technology, programming or problem solving.

This is not directly related to immediate employment opportunities with BPNG.

For more information about the BPNG training on blockchain technology and its application in PNG, email: abina@bankpng.gov.pg or visit www.bankpng.gov.pg



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