Ireland Government Encourage BlockChain Technology

Study offers recommendations to increase Blockchain awareness and adoption that can reportedly have a positive impact on economic growth and establish a basis for how the government and Ireland organizations carry out business.

The study at the National University of Ireland (NUI) Galway on the acceptance of Blockchain in Ireland, called on the government to promote the technology more broadly in the country, The Irish Times reported May.

In an identical, study polling financial executives world-wide, the Financial Executives Research Foundation found that 30 percent of financial executives plan to commit resources to Blockchain within the next year and a half.

"Government action to promote Blockchain in Ireland through the expansion of a national initiative"