Blockchain is the way forward, says National Stud chief

Cathal Beale has said he sees horse ownership via digital technology as ‘the future, and already the present in a way’

Cathal Beale, chief executive of the Irish National Stud: ‘Every industry has to innovate to stay relevant.’

The future of Irish horse racing lies in blockchain technology and digital tokens, the chief executive of the Irish National Stud has said.

The Irish National Stud, a thoroughbred horse-breeding facility based in Kildare, has now begun acting as an agent for trainers and breeders around Ireland who want to syndicate horse ownership through digital tokens.

“I think it will be the future, it's already the present in a way,” Cathal Beale, chief executive of Irish National Stud, told the Business Post.