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Announcements

1st December 2021

European Blockchain Observatory and Forum report update

In October 2020, the European Blockchain Observatory and Forum circulated its inaugural “Report on EU Blockchain Ecosystem Developments”.  Ash Costello is a member of its Expert Panel and is currently updating Ireland’s chapter in the report, to be uploaded to the website in early 2022.  Any organisation (company, university, etc) which would like to include details […]

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1st December 2021

Experts remain sceptical of NFT markets

Non-fungible tokens, the unique digital assets, like artwork and sports trading cards, that are verified and stored using blockchain technology, exploded in popularity in 2021, according to an article from CNBC. People create, collect and trade NFTs for millions of dollars, some with the hopes to profit in the future. But experts are still sceptical […]

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1st December 2021

ConsenSys to create 400 new jobs in blockchain and DeFi push

ConsenSys is creating 400 jobs globally as part of its bid to make blockchain and decentralised finance mainstream, reports Silicon Republic. The US blockchain software company plans to create 400 jobs across its global locations, including several positions at its growing Dublin base. Silicon Republic describes the company as a major player on the Web3 […]

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1st December 2021

Researcher proposes blockchain base for robotics, smart manufacturing

Athlone IT’s Dr Saeed Hamood Alsamhi is researching the feasibility of applying blockchain tech to robotic systems, which could be used in areas ranging from smart manufacturing to disaster monitoring, reports Silicon Republic. Dr Alsamhi has been around the world on a research journey that brought him to the areas of blockchain and robotics, the […]

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25th November 2021

The age of cash is passing, alternatives are coming

Speaking to CNBC, author and economist Eswar Prasad said the pandemic has not only accelerated the shift toward digital and contactless payments, but also led to a more mainstream acceptance of physical cash alternatives, such as cryptocurrency, that will likely endure. “For many consumers and businesses that made the switch to digital payments, there is […]

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25th November 2021

Stripe open to resuming crypto payments

According to various reports, Irish payments firm Stripe is expected to resume taking crypto currency payments having previously suspended them in 2018. CNBC reports that co-founder and chief executive officer John Collison said at a Dubai event, “Crypto obviously means a lot of different things to a lot of different people,” noting that the majority […]

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25th November 2021

India expected to ban crypto currencies

India is set to adopt a wide ranging ban on crypto currencies, according to BBC News. A long-awaited bill is expected to cover private cryptocurrencies, with certain exceptions, to allow the promotion of the underlying technology, such as blockchain, and its uses. Expectations had grown in recent months, reports BBC News, that the Indian government […]

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10th November 2021

Why blockchain-based gaming economies are the future

Writing for CoinTelegraph, Michael Nadeau makes a set of arguments for why blockchain-based gaming economies are the future. Nadeau says that Axie Infinity showed the gaming industry just a sliver of what blockchain-based gaming can achieve, and the industry is set to explode in the near future. Citing market figures, he reports the global gaming […]

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10th November 2021

Company behind FarmVille game makes blockchain VP hire

Zynga, the developer behind the FarmvVille gane, has hired Matt Wolf as its vice president to oversee the company’s blockchain gaming efforts, reports CoinTelegraph. Zynga will work on integrating NFTs and blockchain into its existing portfolio in addition to developing new NFT-based games, says the report. CoinTelegraph said that with the addition of Wolf, Zynga […]

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10th November 2021

Crypto Blockchain Industries to list on Paris stock market

Reuter reports that the French company Crypto Blockchain Industries (CBI) is to list on the Paris Euronext Growth stock market, highlighting the burgeoning appeal of cryptocurrencies around the world. The company said it would list its shares at a price of €2, giving it a market capitalisation of around €38.7 million. CBI develops, operates and […]

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10th November 2021

Indian plans to tax blockchain ecosystem

Amid widespread adoption of non fungible tokens (NFT), Indian news site Business Standard reports that the Indian government is examining the proposal to tax the blockchain ecosystem, which includes cryptocurrencies and such digital tokens. It cites an official who said, the use of NFTs has picked up at a large scale, with celebrity endorsements and […]

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10th November 2021

Banks go big on crypto talent

Banks are betting big on cryptocurrency, aggressively ramping up hiring of professionals with crypto expertise amid the rise of digital currencies, reports Juliette Faraut, associate editor, Global Projects,  LinkedIn. Financial services firms will add more than three times as many staff with digital-asset experience this year than in 2015, according to research from LinkedIn’s Economic […]

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1st November 2021

DeFi Live in London 10-11 Nov

Delighted to share our Blockchain Ireland Community Partnership with Defi Live event in London 10th and 11th November. Community discount for members of the Blockchain Ireland innovation ecosystem. Join our Irish trailblazers in London Sors Digital Assets, Defactor, Akasha, Plandail and more…. 30% off all tickets for BCIRL community https://www.eventbrite.co.uk/e/defi-live-2021-tickets-168710440469?discount=OVCommunity

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1st November 2021

Democracy 4 All – Blockchain for Governance, Barcelona hybrid event. 11th + 12th Nov

Exciting times: Democracy4all – Blockchain for Governance hybrid conference takes place in Barcelona on 11th and 12th November. Fiona Delaney, Chair at Blockchain Ireland#Startups will be there in person to co-present an interactive workshop titled: ‘How to pitch your #BlockchainStartup‘ – for entrepreneurs, innovators and investors’ Thurs 11/11 @16.00 [CET] with Caroline Thomas, co-editor and collaborator at ISO – International Organization for Standardization, Blockchain […]

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28th October 2021

Babylon Project 2.0

After the success of its first run in 2020, the blockchain Babylon Project has returned for version 2.0 in 2021. From 24 October to 20 November 2021, there are workshops, both technical and non-technical, panels and talks, mentoring and information sharing events. The Babylon Project is a series of virtual blockchain hackathons with thousands of […]

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27th October 2021

European Central Bank announces Digital Euro Market Advisory Group members

The European Central Bank (ECB) has announced members for the Market Advisory Group for the digital euro project. Following the assessment of applications, the selection committee appointed 30 senior business professionals “with proven experience and a broad understanding of the euro area retail payments market”. Meetings are expected to commence quarterly from November 2021, “I […]

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27th October 2021

Decentralised blockchain aims to challenge webscalers with carbon-neutral cloud computing

Carbon-neutral blockchain has said that its incentivised testnet will lay the groundwork for decentralised, permissionless access to high-performance computing at scale.

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27th October 2021

Backlash to game publisher’s blockchain ban

In an open letter to the game developer Valve, a consortium of blockchain companies, NFT firms and the online rights group Fight for the Future, have called for a lifting of the ban on blockchain on the Steam platform. In a quiet, surprise move, Valve had brought in a ban on blockchain-based games through a […]

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20th October 2021

Explained: Blockchains and their disruptive power

India’s Economic Times has a good explainer on blockchain and DLT that highlights the implications of the technologies for banking and financial services. It opens by asking the reader to imagine a world where money can be sent to anyone without the need for a bank, with no bank fees, complete control over assets, and […]

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20th October 2021

Former US Treasury Secretary invests in blockchain, not crypto

According to a story on Yahoo Finance, Steven Mnuchin, the former US Treasury Secretary said he is investing in blockchain companies but not cryptocurrencies. Speaking at the Milken Institute Global Conference, Mnuchin said investors should know what their money is going towards when it comes to investing in stablecoins, reports Yahoo Finance. Investors should know […]

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20th October 2021

Digital currencies impeding sanction efforts

A story on Blockchain.News cites a US Treasury report that asserts digital currencies are posing a critical impediment to its sanctions policies, a trend to which it is determined to put an end. In the report, the Treasury Department highlights digital currencies as one of the primary technological innovations that make its sanctions efforts ineffective. […]

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14th October 2021

#Startups @ Token 2049

London was alight with all things crypto and up-and-coming this October. Token 2049 was back in London after our close-to-home and virtual-only networking of the past 18 months. Blockchain Ireland, proud community partners are pleased to connect with the Token 2049 ecosystem across EU, UK and Asia. Here are reports from BCIRL members who travelled […]

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13th October 2021

BCIRL #Startups at EU Blockchain Week Slovenia, Sept 2021

Fiona Delaney, Chair @BCIRL #Startups attended EU Blockchain Week in the handsome city of Ljubljana during the period of the Slovenian EU Presidency.  Representing Blockchain Ireland she spoke at the Innovation Ecosystems panel on opening day, where representatives across Europe shared insights from research, industry and the legal profession to talk about our national blockchain […]

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28th September 2021

Blockchain will transform government services

Much of the promise of blockchain and DLTs has been around their application in wider use beyond crypto-currencies and fintech in general. Writing for Cointelegraph, Matthew van Niekerk opines that governments will not only use blockchain for fundamental services such as identity, but as a framework for economic growth. Likening the advent of blockchain adoption […]

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28th September 2021

Techstars brings blockchain accelerator to Dublin

Techstars, the organisation that runs accelerators, funding and mentorship to start-ups, is to run a blockchain focused programme in Dublin. According to a report in the Irish Times, the accelerator will run from March 2022, working with entrepreneurs to build blockchain technology and tokenisation protocols. It will be a collaboration with Alphabit Fund, the regulated […]

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16th September 2021

Blockchain can transform the financial services industry

Blockchain has the potential to make the financial services industry more transparent, less susceptible to fraud and cheaper for consumers, according to an article on the money section of USNews.com. The piece highlights how blockchain can make the financial industry more transparent since users are performing activities on a public ledger, which can expose inefficiencies […]

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16th September 2021

Despite volatility, optimism supports art NFT market

As with any emerging trend, there are those who have their reservations about the long-term value of non-fungible tokens, particularly as they apply in the art world. In an analysis piece for Cointelegraph, Rachel Wolfson considers not just the market for art NFTs, but also the fact that their underlying value is tied to the […]

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16th September 2021

Nevada city mayor bets on blockchain

Hillary Schieve, the mayor of Reno, Nevada, not only invests in cryptocurrencies herself, but sees the technology as a way to improve government services. According to a story in Wired, Schieve has created non-fungible tokens for art works that are installed in a Reno plaza. Offered for sale on a blockchain called Tezos, the NFT […]

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8th September 2021

Iota Foundation selected for EU blockchain initiative

Iota Foundation has been selected to support the European Commission’s blockchain initiative, as one of seven projects in the preliminary stage of designing an EU-wide distributed ledger technology platform. Cointelegraph reports the initiative seeks to increase the efficiency and accountability of the European Blockchain Services Infrastructure (EBSI), a network of nodes dedicated to facilitating the […]

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7th September 2021

Phenomenal growth predicted for global blockchain IoT market

According to the Indian market research firm Research Dive, the global blockchain IoT sector will likely produce revenue of $5.8 billion (€4.9 billion) by 2026. As reported by Blockchain.News, the report calculates a compound annual growth rate (CAGR) of 91.5% during the forecast period from 2019 to 2026. “As per the analysts… rising implementation of […]

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7th September 2021

Blockchain fighting climate change

Blockchain and distributed ledger technologies (DLT) have been applied to many things, but there is increasing interest in its utility for supporting sustainability and climate change efforts. Bitcoin Insider gathers the views of a diverse range of experts, from activists and consultants to the World bank, and reports many ways in which blockchain can be […]

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1st September 2021

Ethereum bug triggers fork, prompts debate

A recent bug revealed in the Ethereum system has split its blockchain and opened the possibility of Ether tokens being counterfeited. According to a Bloomberg report, software that was outdated triggered a fork in the digital ledger which underpins many blockchain-based financial services and transactions in online collectibles. Users are reported to have minimised the […]

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1st September 2021

Tax implications of US bill under scrutiny

As is often the case with major US legislation, a tacked-on measure has garnered much attention, despite being unrelated to the central focus of the bill. The recent $1 trillion (€846 billion) infrastructure bill passed by the US legislature contained a small section that dealt with the definition of a cryptocurrency broker, in the Senate […]

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1st September 2021

Convergence of blockchain and the gig economy?

A report from a gig economy platform company and a crypto asset and blockchain index provider argues that a convergence of the gig economy with blockchain technology has the potential to change how people will live and work in the future. With expectations for the global gig economy to account for $455 billion (€385 billion) […]

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25th August 2021

Is blockchain the solution to rising data privacy concerns?

A decentralised future, with Web 3.0 and blockchain at its core, will provide the best practices in users’ privacy and data protection, argues one blockchain expert. Writing for CoinTelegraph, Anne Fauvre-Willis, COO, Oasis Labs, argues that as data privacy pressure on Big Tech increases, these companies are starting to make significant investments in security solutions, […]

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25th August 2021

TikTok’s blockchain start-up efforts could benefit artists

Having announced its intention to partner with blockchain start-up Audius, the partnership might go further and be of benefit to artists. Originally intending to use the streaming music platform to manage its expansive internal audio library, Naomi Joseph, commissioning editor, Arts and Culture, with The Conversation, writes that TikTok may use Audius’ “user-centric” model for […]

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25th August 2021

Majority of finance execs say blockchain has gone mainstream, finds survey

A report on CoinTelegraph details the findings of a new survey from Deloitte that found 81% of finance execs say blockchain has gone mainstream. However, the report says that despite the finance service industry being bullish on blockchain and crypto-currencies, respondents still highlighted cybersecurity as the greatest hurdle to mainstream adoption. The Deloitte queried 1,280 […]

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18th August 2021

Blockchain event season

As world continues to deal with the global pandemic, hybrid events are emerging in various places as a means to test the water and suit the needs of differing audiences. September is traditionally a busy month in the tech world, as events and conferences get into full swing. Here is a small, by no means […]

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11th August 2021

Australian government still dismissing crypto sector as ‘wild west’, argues blockchain association

In an Australian Senate Committee meeting, the CEO of Blockchain Australia, Steve Vallas, has warned the country risks falling behind on regulation due to the persistence of a dismissive “wild west” narrative. Coin Telegraph reports that Vallas said Blockchain Australia strongly resists the notion that the crypto space remains “a bit of a wild west” […]

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10th August 2021

SEC boss seeks to regulate crypto space to protect investors

Following an extensive interview on the subject, the chair of the US Securities and Exchange Commission, Garry Gensler, has confirmed that although he has a deep interest, and no small knowledge, of the “digital money craze”, he is not in favour of a hands-off oversight approach, as supported by many involved. Writing for Bloomberg Business, […]

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10th August 2021

Investors back blockchain companies at record level in 2021

Based on reports that over the first half of the year alone, venture capitalists have invested some $17 billion (€14.5 billion) into various crypto-related start-ups and companies since the start of the year, cryptocurrency journalist and analyst for Coin Telegraph, Shiraz Jagati looks to understand the nature of the market. The analyst starts by putting […]

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4th August 2021

Blockchain ID market to grow $3.58b by 2025, says report

A new forecast for the global blockchain identity management market expects growth at a compound annual growth rate of almost 71% during 2021–2025, reports Cointelegraph. A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of […]

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4th August 2021

China is years ahead of the US in blockchain payments systems

The CEO of Pantera Capital Dan Morehead, has told Yahoo Finance that United States has fallen significantly behind China in efforts to develop a blockchain-based payment system. “China’s six years ahead of the United States in building a blockchain-based payment system,” said Morehead in an interview. This perceived dominance may spur the US towards action […]

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28th July 2021

Gartner publishes hype cycle for blockchain 2021

“Decentralised public blockchain applications are thriving, but successful permissioned enterprise blockchain projects are scarce. Users must understand how new advances are supporting integration of enterprise requirements with public blockchain innovation.” This is the conclusion of the Gartner Hype Cycle for Blockchain, 2021. The much respected hype cycle reports are widely used as an industry guide […]

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28th July 2021

Ethereum blockchain selected for India’s diploma verification

A report from Coin Telegraph has said the government of Maharashtra has announced a partnership with Indian blockchain start-up LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. The initiative is an effort to combat fraud and provide a secure basis to manage credentials. The report says that other […]

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27th July 2021

UK publishes National Blockchain Roadmap

The British government, in association with the Centre for Evidence-Based Blockchain, the British Blockchain Association and various other stakeholders, has published its National Blockchain Roadmap Vision 2030. “This framework sets out a blueprint to devise the UK’s National Blockchain Roadmap. It is a concise summary of the key recommendations that aim to inspire and reform […]

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21st July 2021

Blockchain will be ‘hugely disruptive’ to finance, says Franklin Templeton CEO

The CEO of global investment and finance group Franklin Templeton, Jenny Johnson, has told Yahoo Finance that blockchain will be “hugely disruptive” to finance, “eventually allowing everyday people to place small investments in otherwise inaccessible assets like major real estate projects”. Franklin Templeton manages more than $1.5 trillion in assets. Yahoo Finance quotes Johnson as […]

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21st July 2021

Combatting disinformation with blockchain

While warning that blockchain and distributed ledger technologies are not a panacea, an article in the Harvard Business Review argues that these technologies do have the potential to address many of the risks and root causes of disinformation. Kathryn Harrison and Amelia Leopold argue that blockchain can be used to combat disinformation by tracking and […]

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20th July 2021

Former commissioner Hogan appointed executive advisor in DeFi legal assurance firm

Former European Commissioner Phil Hogan has been appointed as executive advisor to the decentralised finance legal assurance firm Astra Protocol, according to an article in the Business Post. Astra Protocol is described as a new smart contract product platform from Dublin-based company The Proof of Trust and Assurance. The article quotes Hogan as saying “Decentralised […]

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16th July 2021

Ireland for Finance Industry Advisory Committee seeks expressions of interest for panel of international advisors

The Minister of State for Financial Services, Credit Unions and Insurance, Sean Fleming TD, has announced a selection process to identify a panel of international advisors to the Ireland for Finance Industry Advisory Committee (IAC). Ireland for Finance is the Government strategy for the development of the international financial services sector in Ireland to 2025. […]

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14th July 2021

Hemp Blockchain Inc selects Algorand for blockchain platform

Industrial hemp company, The Hemp Blockchain Inc, has selected Algorand as its blockchain platform, to support a range of supply chain management and marketplace solutions purpose-built for the industrial hemp industry, according to an article on Business Wire. The Hemp Blockchain, says the article, seeks to “leapfrog” existing solutions in an agriculture sector with significant […]

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13th July 2021

UN considers the dangers and promise of cryptocurrency technology

Experts at the United Nations (UN) believe that cryptocurrencies and the technology that powers them – blockchain and distributed ledger technologies (DLT) – can play an important role in sustainable development, and improving stewardship of the environment. An article from UN news, says that while cryptocurrency mining has been labelled “one of the most fundamentally […]

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12th July 2021

Blockchain promise for bond market reform

According to an article in the Financial Times, there is an increasing number of banks issuing bonds on blockchains, simplifying processes and reducing costs. The article says that the bond market has been lagging behind other areas of financial markets in adopting new technologies. Now, reports FT, bankers are realising that putting new debt on […]

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6th July 2021

Big Banks are adopting blockchain and DLT

An article from Forbes explores how big banks are adapting to and investing in blockchain and DLT as part of the increasing digitisation of the world of finance. With particular focus on how currencies are being digitised, such as the proposed ‘BritCoin’ and the digital Yuan, Forbes Digital Council member, Chris Naprawa, TAAL president, the […]

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6th July 2021

US passes consumer safety tech act to evaluate blockchain

While cryptocurrencies still dominate the headlines, there are also interesting developments on the consumer front for blockchain and distributed ledger technologies (DLT). One such development is the recent passing in the US legislature of the Consumer Safety Technology Act, by a healthy majority of 325-103. The Act requires the office of the Secretary of Commerce, […]

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30th June 2021

Blockchain Ireland Enterprise Working Group call for members

The Enterprise working group within Blockchain Ireland is actively looking to recruit new members to guide the group in delivering content and engagement for the enterprise membership. If you are involved with blockchain and distributed ledger technologies in an enterprise environment, check out the working groups page of BlockchainIreland.ie, where you can make contact with […]

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30th June 2021

Formula 1 gets crypto backing

Formula 1 has secured a $100 million sponsorship deal with cryptocurrency exchange Crypto.com. Reported to be a five year deal, it will see branding trackside from the British Grand Prix onward, as well is in the new spring qualifying format. Not a first for the sport, as the Aston Martin Cognizant Formula One team had […]

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30th June 2021

Report highlights European blockchain investment gap

The European Investment Bank, working with the European Commission, has produced a report on artificial intelligence and blockchain technologies, providing “a global overview of the state of play of both technologies”. The report says that Europe needs to address an investment gap of up to €10 billion which it argues is holding back development and […]

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23rd June 2021

Joint project on demand and supply of blockchain skills

A joint project is being undertaken by ESRI, Digital Futures at Work Research Centre (Digit) at the University of Sussex, and Blockchain Ireland on blockchain skills development as part of a joint project on the demand and supply of blockchain skills. Below is a letter from the respective instututes, with a call to action for […]

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22nd June 2021

Micro-credentials for lifelong learning and employability

The European Commission wishes to hear the views of citizens, governmental and non-governmental organisations (international, European, national, regional and local) as well as of education, training and employment stakeholders on the subject of EU-wide recognition of learning outcomes. They can respond to the public consultation in a personal or organisational/institutional capacity by filling a the […]

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22nd June 2021

StartupsLunchbox-06 – 23 June

The Blockchain Ireland Start-ups working group is continuing its Lunchbox series of events at 13:00 on 23 June, with the topic of decentralisation, innovation and the public sector. The series comprises bitesize conversations with DLT entrepreneurs and trailblazers from Ireland and overseas, covering emerging trends, early adoption and advice on getting started. Featured speakers are: […]

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18th June 2021

New event series on MiCA

The International Association for Trusted Blockchain Applications (INATBA) has created a new event series entitled “MiCA goes Global”. According to the association, the series was created to be the next step in its work on the EU Commission’s Regulation of Markets in Crypto-Assets (MiCA) and the Prime Pilot Regulation (PRR). Each event in the series, […]

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18th June 2021

Education opportunities for the digital world

The world of finance is moving at a swift pace, driven by various digital developments, such as blockchain, digital currencies and decentralised finance (DeFi). For those already in the world of financial technologies (Fintech) or for those who want to understand these growing trends, ICT Skillnet has a range of courses delivered with education partners […]

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16th June 2021

Blockchain Ireland Week 2021 – solid foundations

Blockchain Ireland Week 2021 was an unqualified success, as more than sixty events and hundreds of speakers and participants over the course of the week generated more than 4,800 registrations from 60 countries. With the broad theme of blockchain as a foundation of trust for a new era of digital services and applications, clear themes […]

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27th May 2021

SkillsBuild FREE Blockchain Learning Pathways

Blockchain for BusinessBlockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for […]

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19th April 2021

Blockchain Associations Forum launched

 British Blockchain Association initiative brings together blockchain associations from around the world. The British Blockchain Association, today, welcomed 55 senior representatives of the world’s leading international Blockchain associations to the inaugural meeting of what is set to become the most influential Blockchain and DLT advisory group globally – The Blockchain Associations Forum (BAF). The launch of what […]

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7th October 2015

Blockchain Ireland’s new Twitter handle

A new handle for news, resources and communication Blockchain Ireland has a new Twitter handle. @Blockchain_Irl is the new identity on the Twitter platform to communicate news, highlight resources and to interact with the wider blockcahin and distributed ledge technologies ecosystem. Please click and follow to keep in touch.

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