Toronto, CANADA; Aug 12, 2020 – The Blockchain Research Institute (BRI) is excited to welcome the InterWork Alliance (IWA) as our latest Affiliate Member. As a BRI Affiliate Member, the IWA will receive access to the research projects conducted by the BRI.

The IWA brings together technology and innovative business leaders to define how concepts of business value can be tokenized and how this value will be contractually unlocked through agreements and clauses. The IWA’s interworking standards will drive business-level interoperability, multi-party interchange, and trust across applications and networks. The organization’s global membership includes leaders, adopters, innovators, developers, and businesses representing the best practices for every use case the token-powered ecosystem has to offer. 

“This is a time of great opportunity,” said InterWork Alliance President Ron Resnick. Companies want to be able to create token-based business models without having a platform technology in mind. Collaborating through affiliate membership provides more opportunities for both organizations to work more closely together as the Alliance works to deliver a proven, standard approach that is required to bring consumer trust into this space.”

Tokens enable users to define, exchange, and use anything of value – whether that value is digitally-native, such as cryptocurrencies, or other forms of value, such as artwork, properties, loyalty points, etc. Business partners first need to universally agree on how that token is defined and how its value will interwork across the ecosystem in exchange or use.

“The Blockchain Research Institute is very excited to welcome the InterWork Alliance as an affiliate member of our global ecosystem.” Said BRI Executive Chairman Don Tapscott. “By collaborating around developing a technology-neutral platform for token innovation, tokenization has the opportunity to transform how a business operates across virtually all industries.”

 

About the BRI:

The Blockchain Research Institute (BRI) is an independent, global think-tank dedicated to inspiring and preparing private- and public-sector leaders to be the catalysts of the blockchain transformation. Funded by international corporations and government agencies, the BRI brings together the world’s leading thinkers to undertake ground-breaking research on the strategic implications of blockchain technology, producing practical insights to help its member organizations succeed.

The Institute has 100+ research projects underway in the areas of financial services, manufacturing, retail, energy and resources, technology/media, healthcare and government; as well as how this nascent technology is changing the way companies are managed.  To complement the research, the BRI offers a suite of services to its members, including monthly webinars, executive briefings, all-member summits, and other exclusive activities.

The Blockchain Research Institute is based in Toronto, Canada, and was founded in 2017 by Don and Alex Tapscott, the co-authors of the best-selling book Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World.

 

Media Contact:

Noah Lehman

Manager, Communications

noah@tapscott.com