Agentic Group, a global membership-based consortium of blockchain, digital currency and related companies, has partnered with the Government of Bermuda to provide training on digital currencies and blockchain technologies and to foster digital currency ecosystem in the region, NewsBTC reported.

Under the partnership, Agentic Group will closely work with the Bermuda Monetary Authority to leverage the benefits blockchain technology offers. In addition, it will also start a digital currency incubator, as well as a blockchain startup facility.

“We were delighted to meet with the Bermuda Monetary Authority to discuss how these growing industries could put Bermuda on the map as one of the leading Fintech hubs, specializing in cryptocurrency and blockchain…We look to working closely with government to establish both a digital currency incubator and blockchain startup facility in Bermuda”, said Rik Willard, the Founder and Managing Director of Agentic Group.

With 33 member companies currently, the consortium aims to support the ideas, companies, and people that develop and monetize the emerging "Internet of Value". It leverages big data, smart media, digital currencies and blockchain technology and offers education and training services on these domains to companies and private fund managers, along with consultation services for corporations, governments and non-profits.

The partnership aims to place Bermuda as one the prominent players in the ongoing FinTech revolution.

“Agentic Group In Advanced Talks with Bermuda Govt. to Create 'Bitmuda' Crypto Zone”, Agentic Group tweeted.

Earlier this month, Agentic Group announced the appointment of Ann Camarillo, President and CEO of Boloro Global Ltd., a fast-growing next-gen global mobile payments network, and former CEO of debit card powerhouse Maestro and global ATM network Cirrus, as a Senior Advisor.