Foreign affairs

Lithuanian Army sends helicopter to Latvia to help put out forest fire

The Lithuanian Army has sent a helicopter to help put out a large forest and peatbog fire raging in Western Latvia. […]

No Picture
Economy

Key enabling technologies and clusters: a promising future

Key enabling technologies (KETs) are an important source of innovation, which Europe has highlighted as crucial for the creation of high-value added products, a MITA press release states. […]

No Picture
Society

Kaunas Public Transport launches ‘Voice’ app

At the start of 2017, the Kaunas city public transport bus company launched the ‘KVT Voice’ app (Kaunas Public Transport ‘Voice’) for blind and visually impaired persons. The development of the app, from conception stage through various design and development phases to full implementation, has taken less than a year, an Efcom.lt press release states. […]

No Picture
Politics

Politicians‘ fear rather than low technological capacity prevents Lithuania from having electronic voting

“Blockchain movement is not solely a technology, it changes Lithuania‘s economics,” claimed economics and finance analyst Paulius Kunčinas at the conference “The Pillar Unconference 2018“, the biggest blockchain conference in Lithuania’s history, taking place on 16-22 July. In a panel discussion about the future of Lithuania and blockchain, experts asserted that blockchain movement might at least partly solve brain drain issue. Additionally, they claimed that Lithuania does not have electronic voting system due to politicians‘ fear rather than lack of technology, a press release from the conference states. […]

No Picture
Economy

TransferGo receives electronic money license from the Bank of Lithuania

The Bank of Lithuania has provided an electronic money license to the international money transfer startup TranferGo. This license opens up new development opportunities and makes it possible for the company to further simplify and speed up international money transfers, as well as to offer electronic money storage, real-time transfers and other financial services throughout the European Union, a press release from the startup states. […]

Vygaudas Ušackas
CORPORATE

Vygaudas Ušackas. Echoes of the Helsinki meeting: six steps for Lithuania

In tennis terminology, the meeting between Donald Trump and Vladimir Putin in the Helsinki courts on Monday ended with the latter winning 6:0. While the head of the most powerful state in the world futilely […]

No Picture
Economy

The biggest blockchain conference in Lithuania’s history starts this week

Hundreds of entrepreneurs, business leaders, and cryptocurrency pioneers will arrive at the The Pillar Unconference 2018, the biggest blockchain conference in Lithuania’s history. The conference guests will cover such topics as ICO perspectives, blockchain security, legal regulation, usage, and expansion possibilities, data security, and many others, a press release from the conference organisers states. […]

Boxer IFV
Defence

Boxer IFVs produced for Lithuania undergo testing in Germany

Boxer armored fighting vehicles, produced for Lithuania and to be named Vilkas (Wolf) to preserve links to the country’s history and army traditions, are undergoing testing in Germany. […]