Places Australia

A property-backed token, possibly representing the world’s largest area yet, will soon come to fruition in Australia, reports the Sydney Morning Herald. Crypto a Saving Grace Fifteen kilometers off the coast of Queensland, the abandoned Great Keppel Island was initially envisioned as a tourist destination for locals and expats alike before fading into oblivion. However, a […]

The Australian Securities Exchange (ASX) has pushed back its ambitious plans of launching a full-fledged distributed ledger settlement system from 2020 to Q2 of 2021, according to an official report. DLT Complexities Earlier this April, the ASX created ripples in the blockchain space by confirming its intent to integrate blockchain-based systems throughout its financial mainframe. […]

Through industry-forward applications, cryptocurrency is making its way into public adoption as an everyday medium of exchange. On Aug. 20, fintech startups Cointree and Gobbill confirmed a partnership that will allow Australians to pay their bills with cryptocurrency. Faster Payments, Lower Fees Cryptocurrency exchange Cointree and billing platform Gobbill have joined forces to give Australians […]

A 17-ton, cross-border container of almonds was successfully transported from Australia to Germany utilizing the Ethereum blockchain, in a collaborative move between Commonwealth Bank of Australia (CBA) and five logistics organizations. Augmenting Shipping Systems The development represented one of the first instances of a state-backed shipment facilitating using blockchain technology. Apart from the growing technology, […]

The cryptocurrency market is no stranger to big, bullish calls, but a new bet by an Australian punter puts Bitcoin price predictions such as Fundstrat’s Tom Lee’s $25,000 BTC to shame with a multi-million dollar bet that: the value of one Bitcoin will exceed the value of the unit-share price of Warren Buffet’s Berkshire Hathaway […]

Blockchain integration grows more prolific, as companies, educational institutes, and governments realize its solutions to various inefficiencies.

The Chief Financial Officer of Commonwealth Bank — the largest bank in Australia — quit the high-ranking role earlier this week to join forces with Block.one, the organization driving the development of EOS. Rob Jesudason left his position with the bank in order to take on a new role as the COO of the Block.one. […]

UNICEF Australia is helping to pioneer a new advertising and donation revenue stream by allowing users to donate their computational power and mine cryptocurrency through their browsers. The United Nations program announced on April 29th the launch of a new website called TheHopePage that enables users to donate by using a web miner, easily and […]

Australia possesses one of the most active cryptocurrency user bases in the world today, and as of April 3, all national digital exchanges are required to operate under the regulatory authority of AUSTRAC. In an attempt to responsibly monitor the movement of alt-assets within the country’s financial channels, all DCEs, Digital Currency Exchanges, are now […]

As per official reports, Australian University RMIT has announced the launch of a new short-term Blockchain strategy course that is scheduled to commence on the 19th March 2018. With the blockchain being viewed by many as the primary driving force for future digital innovation, RMIT has teamed up with consulting giant Accenture and Stone & […]