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. […]

Economy
Lietuvos geležinkeliai
Economy

EU transport commissioner calls Lithuanian Railways reorganization ‘a step forward’

EU Transport Commissioner Violeta Bulc says that Lithuania’s decision to reorganize Lietuvos Geležinkeliai (Lithuanian Railways) by transferring its passenger and freight transportation and infrastructure management operations to three subsidiary companies is an important decision, but time will show if the chosen model is sufficient. […]

#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. […]

Economy

Lithuania drops to 19th place on economic freedom index

Lithuania has dropped three places to the 19th place in terms of economic freedom, ranking far behind Estonia but ahead of Latvia and Poland. Lithuania ranks 11th among European countries. […]

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. […]

Cryptocurrency
Economy

Prodeum deals blow to Lithuania’s reputation – blockchain experts

An illegal startup called Prodeum may have caused millions of euros worth of damage to Lithuania’s reputation, according to blockchain experts, some of whom have been affected by the project and are now taking legal action to defend their reputation. […]