24 March 2017

BUSINESS - Blockchain Research Institute Launches in Canada

(Alex and Don Tapscott)
Don Tapscott, co-author of the best-selling book Blockchain Revolution with Alex Tapscott, announced the formation of the Blockchain Research Institute (BRI) at the DC Blockchain Summit.

Based in Toronto, Canada and funded by companies and governments from several countries, the BRI will conduct the definitive exploration of blockchain use cases, opportunities and implementation challenges.

A global team of dozens of experts will explore financial services, manufacturing, retail, energy and resources, technology/media, healthcare and government; as well as how this new technology changes the way companies are managed.

“We believe blockchain is a transformative technology for businesses. The Blockchain Research Institute with its brilliant team will deepen and enrich the knowledge about blockchain. We highly appreciate and fully support this effort and will contribute our deep expertise in business processes as the global leader in enterprise software,” Juergen Mueller, SAP Chief Innovation Officer, said in a release.

Founding members include:
  • Technology Industry – Accenture, IBM, SAP
  • Financial Industry –  Digital Asset, NASDAQ
  • Global Corporations – Pepsico, Centrica, Liberty Global
  • Government – Province of Ontario, University Health Network
  • Blockchain Pioneers – Nuco Inc., Paycase, Artlery, Votem, Cosmos, Youbase, Wisekey
  • Affiliate Organizations – The Hyperledger Project, the Chamber of Digital Commerce, Coala.io, Enterprise Ethereum Alliance

With the growth in cryptocurrency and slow death of cash, blockchain is being adopted by a wide variety of industries around the world.

Blockchain technology describes a distributed, highly secure platform, ledger or database where value – everything from money, stocks, bonds, intellectual property, and deeds, to music, art and even votes – can be stored and exchanged without powerful intermediaries.

Ross Mauri, General Manager z Systems, IBM, said, “Blockchain has the potential to address some of the world's most pressing challenges --  from streamlining trade, to establishing trust in transactions, to tracing provenance for food safety. By working with top experts from around the world, we’ll be able to take full advantage of blockchain’s inherent strengths -- an openly-governed, collaborative approach – to make global business more efficient and transparent for consumers."

Don and Alex Tapscott will lead the BRI as co-executive directors.

Not limiting itself to research, the Institute will actively work on strategies to make a blockchain economy happen.

Projected program deliverables include reports and tools that disseminate program conclusions among member organizations, monthly webinars and executive briefings.

A Program Summit for institute members will be held in the spring of 2018.

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