Ireland Launches €5M Project FinTech Fusion Targeting Blockchain, Other Innovative Tech

Cryptovest

Published Sep 24, 2018 04:37AM ET

Updated Sep 24, 2018 05:40AM ET

Ireland Launches €5M Project FinTech Fusion Targeting Blockchain, Other Innovative Tech

The Irish government launched on Friday a €5 million financial technology (fintech) research and development project for a period of five years. The FinTech Fusion, as the project is called, will be managed by the ADAPT Centre for Digital Content Technology. The project will run until 2022 in Trinity College in Dublin and will focus on innovative technologies like blockchain, online payments, regulation technology (RegTech) and their use in the banking and insurance industries. Thus, the government intends to shape the country as one of the largest fintech hubs in Europe.

Minister for Finance and Public Expenditure and Reform Paschal Donohoe said that the program would also support the interconnection between the country’s academic inst...


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