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Gowling WLG signs up for blockchain research initiative

Friday, June 09, 2017 @ 1:30 PM | By John Chunn

The Blockchain Research Institute (BRI) has announced the addition of significant public and private sector support for its groundbreaking blockchain research program. Gowling WLG is among the BRI’s founding private sector members and is the first law firm to get involved.

Funded by companies and governments worldwide, BRI is a multi-million dollar, Toronto-based research initiative aimed at investigating blockchain strategies, implementation challenges and market opportunities.

Led by Don Tapscott and his son Alex Tapscott, the BRI’s global team of experts is exploring the impact of blockchain on a number of key sectors — including financial services, manufacturing, energy and technology — and is investigating how it will change the way companies are managed.

In addition to Gowling WLG, other founding private sector and financial industry members of the BRI include IBM, Accenture, Liberty Global, NASDAQ, TMX Group and Thomson Reuters. Founding public sector members include the government of Canada, the government of Ontario and the City of Toronto.

“Gowling WLG is honoured to be the first international law firm to support BRI’s landmark initiative. It’s exciting to be included among an illustrious group of partners who are investigating the strategic application of blockchain technology,” said Peter Lukasiewicz, CEO of Gowling WLG Canada.

“Our commitment to blockchain research and implementation shows clients that we’re with them every step of the way as they explore distributed ledger technology. We’re here to provide them with the advanced legal guidance they’ll need as they navigate uncharted territory and uncover new and more effective ways to do business,” added Mark Tamminga, partner and leader of innovation initiatives at Gowling WLG.

Gowling WLG has advised a number of fintech companies on blockchain-related matters and is rapidly growing its advisory capabilities in these areas.