Australian government offers $6M in grants to innovative blockchain teams

Australian government offers $6M in grants to innovative blockchain teams

The Australian government has made two grants of up to $3 million available to blockchain teams targeting minerals certification and excise taxation solutions. The Australian government has opened applications for grants  up to $3 million each in funding to blockchain projects targeting supply chain tracking in the minerals industry and tax tracking in the food and beverage sector.Applications are open until April 29, with any sole trader, partnership, publicly-funded research organization, or entity incorporated in Australia that possesses an Australian Business Number eligible to....


Related News

Matthew Hancock Proposes Blockchain to HM Government

Matthew Hancock, the cabinet minister in Her Majesty's government has proposed the use of blockchain technology for disbursing research grants. Bitcoin’s underlying blockchain technology offers a transparent and secure way to store and retrieve information. Britain is looking forward to utilizing this feature to account for and track the expenditure of tax payer’s money given out in the form of research grants to universities and research institutions. Recently, the minister for Cabinet Office and paymaster general Matthew Hancock has reportedly brought up the possibility of using....

US Government Awards $600k in Grants for Blockchain Projects

The US Department of Homeland Security (DHS) has awarded as much as $600,000 in grants to six companies working on blockchain applications for the government. According to a press release from earlier this week, the department’s Science and Technology Directorate has parceled out $3.1m in grants to 29 small businesses based in the US in areas focused on data analytics, connected devices and blockchain. Each company received about $100,000, the government said. The funds came from the agency's Small Business Innovation Research (SBIR) program, following a solicitation period that began in....

British Government Explores Disbursing Research Grants In Bitcoin

The British government is considering disbursing research grants using bitcoin or some other blockchain-based currency, according to Matthew Hancock, the Minister of the Cabinet Office and Paymaster General. In a speech at Digital Catapult, a government-funded think tank., Hancock said the Cabinet Office has begun exploring ways to use blockchains with a particular interest in how it could be used in the disbursal of government research grants. “Monitoring and controlling the use of grants is incredibly complex. A blockchain, accessible to all the parties involved, might be a better way of....

Web3 Foundation Awards Grants to 300 Projects

Web3 Foundation makes another breakthrough as its Grants Program officially signs 302 development projects. The milestone means that Web3 Foundation has funded exactly 100 projects in 2021 alone, as at the time of reporting, with more grants in the pipeline. Web3 Foundation is renowned for its transparency and celebration of grant accomplishments. This comes at the heels of the last milestone in January 2021, when the organization funded 200 projects. Since the program’s inception in December 2018, Web3 Foundation has received a total of 840 applications from teams in over 50 countries.....

UK Government Explores Tracking Student Loans and Grants with Blockchain

During a speech earlier this week at a London blockchain event, a senior UK official said that the government is looking to blockchain applications as it rethinks how public funds are being tracked. Matt Hancock, Minister of the UK Cabinet Office and a member of Parliament, told attendees of the event – organized by the nonprofit group Digital Catapult and the cryptocurrency research effort ran by Imperial College London – that the British government is in the midst of reimagining public services in the digital age, and that blockchain will likely play a role in the changes to come.....