Blockchain technology opens up new opportunities for improving processes and achieving efficiencies across the economy.
The technology can be applied to a broad range of sectors to improve transparency and data-sharing in a trusted environment. Some of these applications are showcased in the roadmap, such as:
Australia’s National Blockchain Roadmap builds on existing government investments in blockchain, including support for advancing international standards for blockchain technology.
A result of collaboration between government, industry and researchers, the roadmap proposes signposts for progressing towards a blockchain-empowered future.
Further development of blockchain technology can benefit Australian businesses, through for example:
The focus areas to ensure Australia benefits from blockchain technology are:
Read the National Blockchain Roadmap