Economy

Cinema advertising in Lithuania grows 34 pct in 2017

Cinema attendance and advertising volumes in Lithuania grew last year compared with 2016, with the total number of commercials screened at the country’s movie theaters up by 34.2 percent to 581,000 commercials, the business daily Verslo Žinios reported on Tuesday, citing data from the market research company Kantar TNS. […]

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Economy

Poland’s Itaka set to launch operations in Lithuania, fly passengers to Turkey, Greece

Itaka Holdings, Poland’s biggest holiday tour operator, is set to launch operations in Lithuania after last year’s failed attempt to acquire Novaturas, a major local tour operator, with plans to run flights from Vilnius to Turkey and Greece. […]

Lietuvos Geležinkeliai
Economy

Cabinet approves split-up of Lithuanian Railways

The Lithuanian government on Monday gave the green light for splitting Lietuvos Geležinkeliai (Lithuanian Railways) into three separate companies for passenger and freight transportation and infrastructure management. […]

#Blockchain by Mantas Bartaševičius
Economy

Blockchain – revolutionary innovation that will help us in everyday lives

Blockchain could be used in car markets – then drivers should not rely solely on the seller’s persuasions, as they could see the whole history of the car they are going to buy in a decentralized network, says adviser to the Board of the Bank of Lithuania Ekaterina Govina. She and the director of Blockchain Centre Vilnius Eglė Nemeikštytė told about the practical uses of the promising technology that has been recently enjoying much attention. […]

Tomer Sofinzon, Founder of the Pillar Project, at a panel discussion, by Mantas Bartaševičius
Economy

Tomer Sofinzon: Blockchain will change the way we live

Blockchain technology is going to change the world and potentially could have as big effect on our lives as birth of the Internet. Still, since it is relatively unknown, the perception of it is that this technology has been created to serve only the cryptocurrencies, let’s mention the Bitcoin. The Lithuania Tribune spoke with Tomer Sofinzon, the founder of the Pillar Project and member of the 2030 project, about the technology and how Blockchain is going to change our lives. […]

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Economy

NEM chief: Lithuania can show leadership in blockchain field

Lithuania could take leadership in the development of the blockchain technology, says Lon Wong, president of the Singapore-based organization NEM.io Foundation. […]