Australia Is Serious About Its Blockchain Strategy

Australia Is Serious About Its Blockchain Strategy

The Australian government wants to propel the usage of blockchain in the public sector. For this, the roadmap and donation (AU$100,000, or $71,000) are needed. In fact, the governing body wants Australia to become a “global leader” in this field. Kudos to them!

This is a logical continuation of what some call “an obsession”: a year ago the government invested AU$700,000 to the “Digital Transformation Agency”. The task was to research blockchain possibilities for distributing government payments. Whoa! I’d deffo like to work at this agency.

And another AU$350,000 were donated to facilitate the creation of… international blockchain standards. I never heard of such thing, I need to go to Australia asap – they seem to be in the know of something the rest of the world is struggling to grasp. And to support my idea, here is another proof. A whooping AU$1B (yes, billion, even if it’s in Australian dollars) contract was awarded to IBM last year. The 5-years deal aims at the development of blockchain solutions for taxpayers. Go, Aussies, go go go!