Community on smart data and digital technology in education

National Blockchain Roadmap: Progressing towards a blockchain-empowered future

Description

The Australian Government has engaged with industry and researchers to develop the National Blockchain Roadmap to highlight blockchain’s potential and some of the opportunities that exist. Blockchain technology is predicted to generate an annual business value of over US$175 billion by 2025 and in excess of US$3 trillion by 2030. The Australian Government has also provided support and funding for government, private sector and researchers, to foster innovation and collaboration around blockchain, through programs such as Austrade business missions to international markets; the Entrepreneur’s Programme; Australian Research Council Grants; and Business Research and Innovation Initiative pilots.

Country/Organisation

Australia

Year

2020

Language

English

Theme/Topic

National Statistics

Source

OECD Country

Geographical Area

Asia and Oceania