CISRO, Australia’s chief scientific research organization, has published two early and extensive research reports on blockchain technology. The federal research institution’s chief executive has further stated that Australia cannot “afford” to follow others in the adoption of the decentralized technology.
The Commonwealth Scientific and Industrial Research Organization (CISRO) has published twin reports of its comprehensive review of blockchain technology and possible cases of adoption in government and industry. Specifically, CISRO’s data innovation arm, Data61, spent a year collaborating with industries and the government to publish twin reports on the societal, regulatory and technical implications of blockchain-based solutions.
The first report explores four plausible adoption scenarios of blockchain technologies in Australia by the year 2030. The second report delves into three use cases to explore how blockchain systems can support entirely new markets and business models, such as agricultural supply chains, remittance payments and government registries. Both reports can be found here.