Business magnet Richard Branson is set to host another blockchain-focused gathering at his private island in the Caribbean which will be conducted by bitcoin mining firm BitFury and event group Mai Tai.

The event is expected to witness a range of guests from around the world including the former prime minister of Haiti, Laurent Lamothe. Other revered guests for the event include Beth Moses, engineer and astronaut for Branson's aerospace firm Virgin Galactic; Jim Newsome, former chairman of the US Commodity Futures Trading Commission; and Elizabeth Rossiello, CEO of bitcoin startup BitPesa.

Expected to take place from 4rd to 7th June 2016, the event will be attended by Marietje Schaake, the member of European Parliament. In March, Schaake conducted an event along with COALA (Coalition of Automated Legal Applications) and the Dynamic Coalition on Blockchain Technologies at the Internet Governance Forum (IGF). The event explored the prospect of coding regulation into a blockchain.

According to coindesk.com, talking about the upcoming event, BitFury CEO Valery Vavilov said that, “Our emphasis for this year’s gathering is to bring some of the world’s top thinkers from diverse backgrounds – civil society, [non-governmental organizations], business, technology, government – to this extremely special place known for free thinking and cutting edge innovation.”

This is the second year of the event with previous year having conducted a meet on "The greatest minds in cryptocurrency" from 25th to 28th May, 2016, which discussed on bitcoin and the blockchain. There will be panel discussions dealing with financial technology, security and global change which are the event’s three major themes.

Jamie Smith, former senior White House staffer and BitFury global chief of communications told the coindesk.com, “Once people are given an opportunity to explore new and interesting ideas and have open conversations, you never know what can come of that and that’s really exciting for us and those who are attending." He also stated that the downtime is planned to cultivate more collaborative environment between participants.

Also a partial guests list from CoinDesk shows that this time, half of the registered attendees are women. The event website stated that, this unique summit will welcome key global influencers in technology, civil society, democracy promotion and innovation to a riveting discussion about the world-changing potential applications of the Blockchain. I further stated that it will include but not limited to democracy promotion, cyber security, the sharing economy, voting and land titling. The website also posted a promo video of the upcoming event.

Valery Vavilov, CEO and co-founder of The Bitfury Group stated in the website saying, “Sir Richard Branson is a true visionary and we share his deep passion for global change for the better.” He further said, “We are thrilled to announce the second annual Blockchain Summit will happen this summer on his Necker Island and look forward to an extremely thoughtful and provocative dialogue with some of the world’s top influencers.”