Ireland is Expected to Become a Blockchain Hub Soon after Britain Exits the European Union

The clock is ticking fast for the Brexit date, however, the Theresa May administration hasn’t yet managed to agree on a deal before exiting the bloc. The fear of the no-deal Brexit hazard has forced many companies to spread or relocate business operations in other EU nations.

One such sector is the distributed ledger technology space, as companies engaged in blockchain related businesses are shifting operations to other countries, the most preferred choice for them is Ireland. The country has been among the leading countries in the world for blockchain technology. The Irish government has, in fact, formulated an organization, Blockchain Ireland, focused at developing blockchain platform in the country.

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