Blockchain Research Institute announces research partnership with Canadian gov’t, City of Toronto

CARLOS OSORIO / THE TORONTO STAR

Father-and-son duo Don and Alex Tapscott, also the co-founders of the Blockchain Research Institute, (BRI) have announced a research partnership with several members of Canada’s public sector.

The BRI, which is dedicated to studying the implications of blockchain across various industries, will receive support from a number of public sector members including the Government of Canada, the Ontario government, the City of Toronto, University Health Network, the Bank of Canada, and the Federal Institute on Governance. The Institute is also welcoming support from private sector members including Thomson Reuters, the Institute’s first law firm Gowling WLG, and TMX Group.

“We’re delighted to welcome this spectacular group of public sector organizations to our initiative,” said Don. “Blockchain will have profound implications for the operations of government, the nature of democracy and the modus operandi of every government agency.”

“Blockchain is a great example of an emerging technology that Canadians are playing a lead role in developing.”

 
Launched in March in Toronto, the BRI is conducting research on blockchain strategies, market opportunities, and implementation challenges. The BRI said that while the Institute is primarily funded by corporations such as IBM, Accenture, SAP, NASDAQ, and Cosmos, it is now inviting various governments across Canada and around the world to join is research efforts.

“Blockchain is a great example of an emerging technology that Canadians are playing a lead role in developing,” said Navdeep Bains, minister of innovation, science, and economic development. “This research partnership with the Blockchain Research Institute will give Canada a globally competitive advantage in the development of this transformative technology.”

Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.