Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery
The investment comes as Australia attempts to make a recovery from the recession brought by the COVID-19 pandemic.
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An Australian group has been selected by the International Organization of Standardization (ISO) to spearhead a technical committee developing standards for blockchain tech. Standards Australia announced its leadership role on the committee yesterday, revealing it will oversee members from 35 countries on the effort. The ISO, founded in the 1940s, is composed of representatives from more than 160 national standards-setting bodies. As such, in addition to Australia, the ISO work will draw representatives from standards bodies in Canada, France, the UK and the US, among others. The....
The ability to spend crypto as easily as one might spend traditional fiat currency has long been sought after by many. The rise of new crypto cards in Australia promises users the luxury of spending their digital assets as they would traditional currency. This could arguably close one of the last significant gaps between decentralized […]
After raising a $6.6 million fund from premier investors, including Marc Andreessen, Ben Davenport and others last November, Boost. VC announced its next batch of startups would all be bitcoin-related. But recently, the accelerator announced its next batch, "Tribe 6," will be split equally between bitcoin, virtual and augmented reality startups. Boost. VC founder and CEO Adam Draper told TechCrunch why they made the shift: "We're good at building communities around early tech sectors. We bring together investors, entrepreneurs and builders, and by focusing investments on a category over....
Hillary Clinton has announced her policy goals for technology and innovation. Her goals include positioning American innovators as world leaders in technological revolutions, including public service blockchain applications. Could Hillary as president give a boost to blockchain technology? Hillary Clinton's Agenda. The Tech agenda announced by Hillary Clinton plans to use technology and innovation to boost the American economy and create good-paying jobs. Her plans include increasing spending commitments in computer science education, delivering high-speed broadband to all Americans,....
The Australian crypto ecosystem has flourished despite the pandemic, with a booming DeFi sector, a five year blockchain roadmap and the embrace of the technology by banks and the finance sector. For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long been enthusiastic adopters of new technology, from cell phones to smart homes, and it’s little surprise they’ve embraced crypto too.Chainalysis ranked Australia 20th out of 154 countries surveyed this year for its 2020 Global Crypto Adoption index,....