E-commerce large Overstock has opened a blockchain Research and Development (R&D) middle in Ireland.
According to a press launch revealed on Oct. 9, the agency’s new R&D middle is positioned in “IDA’s flagship North West business park in Sligo” and is anticipated to make its 100th Irish rent earlier than the top of 2019. Currently it employs 80 technologists.
Over $1 million invested
Per the discharge, the transfer has price the corporate over €1 million ($1.1 million). Overstock vice-president and website lead David Kenny added:
“We’re absolutely delighted with our new home and getting all our teams back under one roof. It further validates Overstock’s choice of the North West as a great place to do business and build high performance software development teams. The combination of a diverse career path, a cutting edge tech environment and a great work life balance has really resonated with the techies who continue to join our growing team.”
The launch specifies that — moreover blockchain — the brand new campus might be additionally centered on creating improvements within the e-commerce and machine studying areas.
Currently, the corporate finds itself within the midst of an issue after a brand new criticism filed in Utah accused Overstock’s former CEO Patrick Byrne and former CFO Greg Iverson of securities fraud.
As Cointelegraph reported in February, worldwide tech and IT agency Cisco Systems opened in Singapore its Co-Innovate Center additionally partially centered on blockchain.
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