Denis Naughten (Roscommon-Galway, Independent) | Oireachtas source

I welcome the Minister's comments about the blockchain. This is one of the issues the task force was to examine. However, to be quite honest, I have lost confidence in the task force as a result of the decision that was made with protected geographical indication, PGI, but there is an opportunity for everyone to redeem themselves with blockchain. To give the Minister an example, the Wyoming beef blockchain is breaking the current model of beef production in the US, where farmers are price takers just as they are here. It allows them to receive a premium price for their grass-fed, free-range beef. As I said, blockchain is the offal of tomorrow. Whoever controls the blockchain controls the future route to market and that must be publically owned and controlled, not held in the hands of a few.

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