Australian Digital Transformation Agency Tells Senate There Is Better Technology Than Blockchain

Australia’s Digital Transformation Agency (DTA) has told the Senate that there is better technology for every use of blockchain considered today. The agency received AU$700,000 from the Australian 2018-19 Budget to explore blockchain for efficient government services purposes. Australian Government to Launch Blockchain Applications In May, the DTA was sent on a mission to look…

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Australian Dollar Will Get Stablecoin in 2019

Next year, Emparta will be launching a stablecoin linked to the Australian dollar (AUD). The information has been released by the crypto exchange Bit Trade this week. The company will be partnering with Emparta to develop Australia’s first crypto stablecoin.  Australia Will See New Stablecoin To Dollar According to the official announcement, the company sees an interesting…

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What Is the Australian National Blockchain?

Blockchain technology can unlock a lot of new business use cases. Although one could argue this technology is also vastly overhyped, it remains to be seen what will come of it in the long run. If the Australian National Blockchain is any indication, things will get rather interesting moving forward. The ANB Concept Explained It…

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Ripple XRP: The reason XRP will be adopted. Explaining the walled garden

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The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto

A Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of…

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Stellar (XLM) Partnership with IBM Backed By Australian Gov

There are +1,600 cryptocurrencies and platforms out there in the market that each of them presents a solution for the user. Some very user specific, and some in a global scale changing. The cryptocurrency ecosystem is an on-second excitement trigger as the flux of new inventions that it receives is over-the-roof. That is why many individuals…

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Bitcoin [BTC], Bitcoin Cash [BCH], NEM [XEM], Litecoin [LTC], Ethereum [ETH] enters the Australian Tourism

In this ever-growing era of technology, blockchain has been rapidly spreading its wings in the field of providing digital data and its distribution of information. This technology allows its users to understand the current records, update it as well as extract information of the market. The blockchain is the combination of internet, private key cryptography,…

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Australian Government Set to Ban Cash Transactions Over $10,000, an Opening for Cryptocurrencies

The Australian government is looking to curb money laundering practices by introducing cash payment limits. In the May 8, 2018, federal budget unveiling, authorities made clear their intentions to tackle this menace by making it illegal to carry out cash payments exceeding $10,000. The new cash limit could also encourage the use of cryptocurrencies in…

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Australian Firms Sign Landmark Blockchain Deal

Australia’s Hunter Energy has signed a deal with IOT Group that could help resolve the country’s electricity problem. The agreement seeks to build a blockchain center inside the Redbank coal-fired power station. This blockchain center will provide cheap electricity for blockchain applications. Details of the Deal The deal will give Australia direct access to wholesale…

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Meteorologists-miners, Australian police investigate an unusual case

Two IT specialists wrote the crypt in the meteorological office. Australian police suspect two IT specialists that they obtained crypto currency on the powerful computers of the Bureau of Meteorology, where they worked. The Australian Federal Police (AFP) searched the Meteorological Service in Melbourne and interrogated suspects. The Federal Police added that from the beginning…

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