Blockchain Research Institute launched in Toronto

The Blockchain Research Institute (BRI), was launched on Thursday in Toronto to study the emerging technology.

The BRI was founded by Don and Alex Tapscott, co-authors of the book Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World.   Don Tapscott said the institute will hire about 30 of “the world’s leading experts” on a contract basis to conduct 30 projects.

Blockchain is a peer-to-peer transfer system that eliminates the need for middlemen by trusting the power of the crowd to verify transactions, which enables a decentralized online ledger

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