The Blockchain Research Institute (BRI) will open innovation centers in South Africa, Korea and the Middle East to raise awareness of blockchain among banks and financial institutions.
BRI co-founder and chairman Don Tapscott said the independent think tank is already operating in European countries and Brazil. Its goal is to develop strategies for the implementation of blockchain and other emerging technologies at the commercial, government and community level. This year BRI intends to expand its presence, cooperating with various banks, funds and organizations. The research institute will open a branch in South Africa in partnership with Standard Bank Group, which provides services to individuals and businesses throughout Africa.
In addition, BRI will establish a BRI Middle East innovation center in the Middle East through a partnership with Lebanese logistics company Konnect & Co. This branch will develop blockchain technology in Syria, Lebanon, West Bank and Gaza Strip, Jordan, Iran, Iraq, Saudi Arabia, Yemen, Oman, UAE, Qatar, Bahrain, Kuwait, as well as Turkey, Egypt and Libya. To open the Korean division of the Blockchain Research Institute, it is partnering with the BOSAGORA Foundation platform, which uses blockchain to solve governance problems in decentralized organizations.
“After the pandemic, the world is ready for economic growth, technological renaissance and industrial ‘revolution’. Blockchain can help companies and governments find a landmark in these turbulent times, ”Tapscott said.
BRI Public Relations Director Noah Lehman said that the opening of three new branches will take place in July this year. Their main task will be to conduct training events, webinars and online courses on blockchain for government agencies and other stakeholders. This will allow for faster blockchain adoption at a broader level. Recall that in April, Blockchain Associations from Australia and Southeast Asian countries also directed efforts to develop the blockchain and conduct training seminars among regulators, creating a special consortium for this.
