Irish Governmental Agency for Foreign Investment Leads Blockchain Development Initiative

Cointelegraph

Published Jun 11, 2018 09:43PM ET

Updated Jun 11, 2018 11:22PM ET

Irish Governmental Agency for Foreign Investment Leads Blockchain Development Initiative

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.

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