“I think there’s no better place to discuss issues like cybersecurity, blockchain, cryptocurrencies, AI, regulation, and future fintech than here in Ireland, he said, adding:
“Ireland is in some ways emblematic of the revolutionary changes that have taken place in the world of finance and technology. From being an inward-looking, insular place at the edge of Europe, Ireland is an increasingly multicultural, globalized a melting pot of nationalities which is proud to engage with the world.”
Ireland is indeed a booming tech hub with many major fintech and banking institutes housing operational or research and development in Ireland, including Stripe, Mastercard, JPMorgan, Bank of China, and many others.
The Taoiseach announced that the government would be opening 26 new embassies and consulates around the world to increase Ireland’s global footprint, including in Tokyo and Frankfurt.
He further announced that the budget to the IDA, Ireland’s state-run Industrial Development Authority, will be increased over the coming years in an effort to support technology innovation and attract software engineers among other professionals.
On Monday, the IDA announced the launch of Blockchain Ireland, a blockchain research and development initiative aimed at achieving breakthrough innovation in the blockchain space and attracting multinational foreign investment…