IDA Ireland, a governmental agency responsible for attracting foreign direct investment (FDI), is leading an initiative to promote blockchain investment and development in the country, local news outlet The Irish Times reports June 11.
According to the Irish Times, the IDA is set to launch the project “Blockchain Ireland,” that intends to promote the technology as well as to attract and collaborate with international companies working with blockchain technology.
The project will be an online platform that advertises Ireland as an “ideal location” for international blockchain-focused firms.
A number of firms located in Ireland have developed applications using blockchain technology including Circle, AidTech, and Arc-Net, while Deloitte has a dedicated blockchain laboratory in Dublin.
Ireland is also a signatory to the European Blockchain Partnership, which was created this year by the European Commission.

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