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The Blockchain Research Institute (BRI) revealed plans to expand to multiple continents by the middle of the year by establishing partnerships with multiple banks, foundations and organizations.
Independent global think tanks for distributed ledger research are already operating in Europe and Brazil, and innovation and research centers will be established in new regional centers. The goal is to educate and develop strategies on how to implement blockchain and other emerging technologies in businesses, governments, and society.
This Blockchain Research Institute According to the announcement on May 18, the bank will cooperate with Standard Bank Group to open an African branch, a financial institution that provides banking and financial services to individuals, institutions and companies in Africa.It will be in South AfricaExcept for Egypt and Libya, the jurisdiction of all African countries will be divided by the Middle East.
The BRI Middle East region operating outside Qatar will be launched in cooperation with Konnect & Co. (a procurement, procurement, supply and application chain management company established in Beirut, Lebanon). It will cover most of the region, including Syria, Lebanon, West Bank and Gaza, Jordan, Iran, Iraq, Saudi Arabia, Yemen, Oman, UAE, Qatar, Bahrain, Kuwait, Turkey, Egypt and Libya.
In East Asia, its Korean department will be launched in cooperation with the BOSAGORA Foundation, a blockchain platform designed to solve governance issues that arise in decentralized organizations.
Don TapscottThe co-founder and executive chairman of the “Belt and Road” initiative is full of confidence in the economic and technological expansion after the Covid pandemic.
“The world is ready for economic expansion, technological revival, and industrial disruption after a pandemic. Now is the time for us to help companies and governments around the world tide over the turbulent waters,”
Noah Lehman, BRI’s director of communications, told Cointelegraph that these new BRI global partners are funded by a syndicated membership model, where expenses are used for planning and research. Members include everyone from Deloitte and the Enterprise Ethereum Alliance to FedEx and Fidelity.
He added that membership includes research results, online courses, roundtables, webinars and activities to gather local stakeholders to promote blockchain innovation and adoption.
The three new BRI departments will work in their respective regions and multiple countries (Africa and the Middle East) to gather stakeholders from businesses and governments to participate in membership programs. He added that they are expected to be launched in July 2021.
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