Management & legal News

Australia plans roadmap to become a global leader in blockchain

Australia
Today the Australian government announced plans to develop a national blockchain roadmap, as well as contributing Australian dollars (AUD) 100,000 ($71,000) for international travel to conferences. The intention is to map out several policies areas such as ‘regulation, skills and capacity building, innovation, investment, international competitiveness and collaboration’. Both the Minister for Industry, Science and Technology Karen Andrews and Minister for Trade, Tourism and Investment Simon Birmingham commented that the policy roadmap aims to ensure that Australia’s blockchain industry exploits the opportunities that blockchain presents. Additionally, the new funding from the government would allow Australian companies to join Austrade’s Mission to the Consensus Blockchain conference in New York.

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