Australia has just revealed a holistic national strategy and roadmap for the adoption and development of blockchain technology. This sets a notable precedent, and serves as a governmental validation of sorts for the nascent technology. This news was announced on March 18th, in a joint media release from two separate Australian ministries. Specifically, this was done by the Minister for Industry, Science and Technology, Karen Andrews, and the Minister for Trade, Tourism and Investment, Simon Birmingham.
Furthermore, the two ministers argued that this fresh policy roadmap would allow Australia to emerge as a ”global leader” within the blockchain field. In addition to this, the roadmap will cover and aim to stimulate the growth of various facets of blockchain technology.
Specifically, it aims to establish and boost blockchain-related ”regulation, skills and capacity building, innovation, investment, and international competitiveness and collaboration.” This announcement shows Australia’s commitment to blockchain
Minister Birmingham noted that this endorsement will stimulate the growth of blockchain companies ”down under”, in effect ensuring that Australia and the nation’s tech companies will remain relevant in ”one of the world’s fastest growing technology sectors.”
Minister Andrews also suggested that this decision would propel Australia to the international forefront of blockchain technology development: ”The national strategy puts us on the front foot in exploring how government and industry can enhance the long-term development of blockchain and its uses.” #altcoins #bitcoin #digibyte #dogecoin #ethereum #iost #binance #blockchain #crypto #decentralized #digitalassets #entrepreneur #exchanges #financial
#fintech #hodl #invest #australia - 17 hours ago