Ireland raises its credentials as major blockchain player
Dublin’s credentials as a major player in the blockchain sector got a boost at the weekend after it was announced a key industry lobby group would host a blockchain conference in Dublin next year.
The Irish Times reported that Michael D’Arcy, Ireland’s finance minister, announced a meeting next May to be hosted by the International Organization for Standardization (ISO), the Switzerland-based non-governmental body that has 162 member countries.
The ISO’s technical committee is currently in the process of developing set of international standards for blockchain technology.
Competition in Europe
The group’s move to host an event in Dublin increases Ireland’s blockchain profile at a time when many countries across Europe are competing to become recognised as blockchain hubs.
ISO’s home nation of Switzerland has the canton of Zug, which is fast-becoming known as Crypto-Valley, while “Blockchain Island” Malta competes for attention in the space, as does Liechtenstein.
Ireland is already home to a number of companies operating in the sector, including ConsenSys – launched by Joe Lubin, the ethereum co-founder.
Meanwhile, Deloitte – the audit and business advisory giant – has a blockchain laboratory in Dublin and Mastercard recently announced it was to hire distributed ledger technology experts to work at its Leopardstown facility.