Australian government reports examine the potential of blockchain
The Australian government has published two reports on blockchain technology’s long-term scenarios and its technical applications: Distributed Ledgers: Scenarios for the Australian Economy Over the Coming Decades and Risks and Opportunities for Systems Using Blockchain and Smart Contracts. The first explores four potential adoption scenarios for blockchain in 2030, while the latter discusses three cases for blockchain systems’ use in new markets and business models, such as government registries and remittance payments. The reports also identify the potential benefits of adopting blockchain.
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