APS Blockchain Conference To Promote Blockchain Adoption In Government

The first APS Blockchain event to take place in 2021 will be hosted on Friday, the 12^th of March.

Presented by the APS Blockchain Network – in collaboration with MIT – the conference will aim to drive adoption of blockchain technology across all levels of the public sector.

Discussing New Ways To Implement Blockchain

Alongside the South Australian Government, MIT will be there to discuss their digital currency pilot – named Project Ubin. Project Ubin launched in Singapore in 2016 and is an international endeavour that seeks to improve the way clearances work, in the world of regular payments – and it aims to bring improvements in the financial area that deals with securities as well.

At the conference – which public servants from all over Australia are encouraged to attend – the presenters will be laying out the key takeaways from their research, and discussing ways that blockchain can be implemented in the public sector.

This conference comes not long after Blockchain Australia called for more government support for blockchain.

According to Steve Vallas – the CEO of Blockchain Australia – investors need more confidence that the government will support blockchain technology before committing to the same degree they do in the USA.

“Australia hasn’t had a Greyscale equivalent and that’s really prevented a lot of investors coming into the marketplace because they want to go through the process they usually go through. Having a familiar vehicle makes a lot more sense and that’s what we’re trying to bring to the market. I think there’s probably a well-understood investment cycle where Australia is 2-3 years behind US markets and that appears to be playing out in the crypto investment market as well.”

The meeting will be held online on the Webex platform in nearly 2 weeks’ time.