Australian Government: 'Blockchain Will Support New Innovations and Productivity in the Economy'


SUBMITTED BY: tanishqjaichand

DATE: Sept. 25, 2017, 2:06 p.m.

FORMAT: Text only

SIZE: 1.2 kB

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  1. In an enclosed letter to discuss the country's digital strategy, the Australian Government has selected blockchain technology in others, in which a change to enable digital technology and future digital infrastructure to change and modernize.
  2. Earlier this week, the Australian Government announced an initiative of an ambitious digital economy through industry department, innovation and science.
  3. The National Digital Economy Strategy demands that governments interact with private and public sectors and digitize economically and universal society.
  4. Along with the newly published Perception Paper, the Australian Government selects several emerging technologies including 5G spectrum mobile networks and Artificial Intelligence (AI). In particular, the government also exposes Blockchain Technology as an important core driver to support its digital strategy.
  5. Paper "reads a step from the horizontal platform technologies such as distributed laser technology (for example, Blockchain)," In the next phase of the Internet, where we are always connected and always connected, there is the potential for other changes in our economy " And machine training will support innovation and productivity in the economy. "
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