BCIRL #Startups at EU Blockchain Week Slovenia, Sept 2021
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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 […]

Blockchain will transform government services
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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 […]

Techstars brings blockchain accelerator to Dublin
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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 […]

Nevada city mayor bets on blockchain
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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 […]

Blockchain can transform the financial services industry
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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 […]

Despite volatility, optimism supports art NFT market
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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 […]

Iota Foundation selected for EU blockchain initiative
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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 […]

Blockchain fighting climate change
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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 […]

Phenomenal growth predicted for global blockchain IoT market
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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 […]

Convergence of blockchain and the gig economy?
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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) […]

Tax implications of US bill under scrutiny
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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 […]

Ethereum bug triggers fork, prompts debate
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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 […]