Australia is Developing a National Blockchain for Businesses

[kreslik.news]

Australia is developing a national blockchain that the country’s businesses will be able to make use of, according to an official statement from the government’s scientific research department.

Insect repellent and banknotes

That department is called the Commonwealth Scientific and Industrial Research Organization, or CSIRO. Established in 1916, it is an independent federal government agency that has over the years contributed to a wide range of research and inventions, such as insect repellent, WiFi technology, and the polymer banknote. In 2017 it set up a branch specifically to deal with digital innovation, Data61.

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