Blockchain Australia, the industry body representing local businesses and individuals participating in the technology, has again called on the government and regulators to provide more support for the local blockchain ecosystem. Its CEO Steve Vallas told the Senate Select Committee on Financial Technology and Regulatory Technology, which is currently in its second round of reviewing the potential of fintech and regtech down under, that the federal government is the “cornerstone of confidence creation in this sector”. Vallas believes Australia is “well placed” to become a tech-savvy economy, specifically in the blockchain space. But something that has hurt the nation, he said, is the lack of progress in the space in recent years. He said the National Blockchain Roadmap , which was announced in February last year, was the first of many steps and that he has “enormously confidence in the ecosystem”. But he noted that more needed to be done to support blockchain. “We are signalling, across the country and to the states, that this is something that people should be investing in,” he said. “That sort of approach needs to be coordinated across other government departments. “I think we need more signals from regulators in particular that they’re willing… Read full this story
- Ex-Obama adviser calls Trump supporters an ‘issue of Homeland Security’
- From blockchain to big data and IoT, tech is trying to speed up vaccine supply chains
- Palestinian refugees demand int'l community increase financial support of UN Palestine refugee agency
- Parler may be gone for now. That won't stop the calls to violence online
- Tech firms say they support George Floyd protests -- here's what's happening
- Pinduoduo under fire as China turns on its tech titans
- India is the biggest prize in tech. Meet the gatekeeper
- After Healthcare.gov, can the government make its technology suck less?
- Unwanted tech helps bridge 'digital divide' in lockdown Britain
- 70% of Brits SUPPORT using tracking technology and immunity passports to fight COVID-19 pandemic, study suggests
Aussie blockchain community calls for more government support around the nascent tech have 318 words, post on www.zdnet.com at February 15, 2021. This is cached page on xBlogs. If you want remove this page, please contact us.